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CommercialFinanceIndustry NewsPortland

128,000 SQFT Two-Building Office Property in Portland’s Cascade Station Listed for Sale

By Kate Snyder Two buildings in Portland’s mixed-use Cascade Station development have been put on the market for sale. Marketing information from JLL,...

CommercialFinanceNews ReleasesPortland

PCCP Purchases Industrial Complex in Portland for $82.5MM

CBRE announced that Bybee Lake Logistic Center I & II, a two-building industrial complex in Portland, sold to PCCP, LLC, a Los Angeles-based real...

AECFinanceIndustry NewsResidential

UDR Plans to Buy Bellevue’s Brio Apartment Complex in 2021 for $170MM

By Jon Peterson Denver, Colo.-based UDR will be acquiring the 259-unit Brio apartment complex in Bellevue for $170 million in 2021, according to...

FinanceIndustry NewsResidential

Greystar Sells Alley24 Apartments in Seattle for $72MM

By Meghan Hall Seattle’s sale bonanza continues into the holidays, with no slowing down in sight. South Carolina-based Greystar has traded the Alley24...

San Francisco Bay Area, Seattle, CBRE, Orlando, San Diego, Bay Area, Washington D.C., Tucson, Waterloo, Las Vegas, Hamilton
CommercialFinance

Sacramento County to Sell two Seattle Area Assets valued at $79.5MM

By Jon Peterson Sacramento County Employees’ Retirement System is making plans to sell an office building in Seattle and a grocery-anchored shopping center...

CommercialFinance

Union Investment Pays $330MM to Buy Amazon-Leased Midtown21 in Seattle

By Jon Peterson Germany-based Union Investment Real Estate GmbH has paid approximately $330 million or $884 per square foot to acquire the 373,000...

LaSalle Investment Management Des Moines Creek Business Park Phase I MetLife Panattoni Development Company Seattle CBRE Brett Hartzell
CommercialFinance

LaSalle Pays $68MM For Phase I of Industrial Property in Des Moines, WA

By Jon Peterson Chicago-based LaSalle Investment Management has paid $68 million to acquire the 545,859 square foot Des Moines Creek Business Park Phase...

CommercialFinance

Hines’ $193MM Sale of Bellevue’s Civica Closes

Bellevue’s Civica Office Commons towers, a two-building, 323,562 square foot Class A office complex in the heart of the Eastside city closed closed...

Industry NewsNews Releases

Amazon Signs Long-Term, Full-Building Lease at Midtown21 in Seattle

SEATTLE, WA – Trammell Crow Company (TCC) and joint venture partner, MetLife, today announced that Amazon has signed a long-term, full-building lease at...

CommercialFinance

MetLife Uses Core Opened-Ended Fund to Buy Seattle Asset

By Jon Peterson New York City-based MetLife used its MetLife Core Property Fund as its capital source for the $129.4 million acquisition of...

Industry NewsNews Releases

Vulcan Real Estate Sells Alley24 Office to MetLife for $129.4MM

SEATTLE – February 10, 2016 – Vulcan Real Estate today announced the sale of its Alley24 office building to MetLife for $129.4 million. The...

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News Releases

MetLife’s Commercial Real Estate Lending Tops $14 Billion in 2015

NEW YORK–MetLife, Inc. (NYSE:MET) announced today that it originated, through its real estate investment group, approximately $14.3 billion globally in commercial real estate...

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