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CommercialFinanceIndustry News

KBS Sells 107,000 SQFT Offices at Riverpark in Downtown Redmond to Palisade Group, Olive Point Joint Venture for $27.5MM

A Class A office building a short walk from downtown Redmond’s new light rail station has changed hands. It is the latest test...

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IndustrialIndustry NewsLeasing

Undisclosed Tenant Takes 55,000 SQFT on Kent’s 87th Avenue South as Mid-Size Industrial Space Outperforms Big Boxes

An undisclosed tenant has leased 55,200 square feet at 19820-20024 87th Ave. S. in Kent, a mid-size Kent Valley commitment in a size...

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CommercialFinanceIndustry News

Preylock Targets Q4 Close on 365,000 SQFT Amazon-Leased West Main Tower for $340MM in Downtown Bellevue

Los Angeles-based Preylock Real Estate Holdings is working through the final details of its acquisition of Vulcan Real Estate's 364,868-square-foot West Main office...

Aerial View of Portland, Oregon at Dusk on a cloudy Day
HospitalityIndustry NewsPortland

Pebblebrook Hotel Trust Sells 174-Room The Hotel Zags in Downtown Portland for $10MM

Pebblebrook Hotel Trust has sold a money-losing boutique hotel in downtown Portland for about $57,500 per room. The deal shows how far downtown...

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CommercialPeople on the MovePortland

Newmark Taps Jake Gustafson as Northwest Director of Engineering to Back Washington and Oregon Property Teams

Newmark has hired Jake Gustafson as Director of Engineering for the Northwest, placing a dedicated engineering leader alongside the property management teams that...

warehouse facade
IndustrialIndustry NewsLeasing

Panattoni, Principal Fully Lease 406,000 SQFT Des Moines Creek Business Park West to Shield AI

A single tenant has leased all 405,680 square feet of Des Moines Creek Business Park West near Sea-Tac Airport. The deal continues the...

Seattle skyline
CommercialFinanceIndustry News

Vanbarton Exits 541,000 SQFT 901 Fifth Avenue Tower in Downtown Seattle for $48.3MM, 84% Below 2019 Price

Seattle-based GT Capital, in partnership with The Benaroya Company, has acquired the 41-story 901 Fifth Avenue office tower from New York-based Vanbarton Group...

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FinanceIndustry NewsResidential

Investco Sells 99-Unit Saffron Mixed-Use Property in Sammamish for $56.5MM

Principal bought one of the Eastside’s rarely traded mixed-use properties, with apartment rents about $380 below the East King County average and no...

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FinanceIndustrialIndustry NewsPortland

KCB Partners and SKB Buy Semiconductor-Anchored Trellis West Campus in Hillsboro for $30.9MM

Trellis West, a 214,152 SF Hillsboro campus anchored by Applied Materials and KLA, sold at 90% leased with 5+ MW of power.

rays of energy
CommercialFeaturedIndustry NewsPortland

University of Maryland Climate Database Puts Pacific Northwest Building Owners on Notice

A new University of Maryland database of 1,406 local climate and energy policies across 157 U.S. cities counts Seattle, Tacoma, Portland and Salem...

the registry template
People on the Move

Newmark Lures Sarah Miller From Cushman & Wakefield to Co-Lead National Seniors Housing Valuation Practice

Newmark has hired veteran appraiser Sarah Miller, MAI, away from Cushman & Wakefield to co-lead its national seniors housing valuation and advisory discipline...

Seattle skyline at dusk
CommercialFinanceIndustry NewsLeasing

Laird Norton Trades Namesake Tower for 30,000 SQFT at Seattle’s 2+U Months After MetLife Foreclosure

Laird Norton Co. will vacate downtown Seattle's Norton Building by year-end for a full floor at the Hines-managed 2+U tower, capping a year...

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