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Holland Partners, Principal Real Estate Investors Receive $67MM in Financing for 235-Unit Apartment Community in Mukilteo, WA

SEATTLE – CBRE has arranged $67 million in financing for the recapitalization of Bella Terra Apartments in Mukilteo, Wash., on behalf of a...

AECCommercialFinanceIndustrialIndustry NewsPortland

Principal Pays $57.4MM to Acquire R&D Asset in Hillsboro, Ore.

By Jon Peterson Des Moines, Iowa-based Principal Real Estate Investors has closed on the acquisition of the 195,546 square foot Hitachi Hillsboro R&D facility...

CommercialFinanceIndustry NewsNews Releases

Bellevue’s Lincoln Plaza Sells for $84.1MM

(EDITOR’S NOTE: According to public records, the sale recorded yesterday, September 23rd. The property traded for $84.1 million, or about $566 per square...

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$190MM Financing Deal Closed for Carillon Point Mixed-Use Property in Kirkland

Waterfront Property in Kirkland Features Six Buildings Totaling 440,000 Square Feet of Office, a 100-Room Boutique Hotel, 37,000 Square Feet of Retail, and...

FinanceIndustry NewsNews ReleasesPortlandResidential

Wolff Co. Buys Another Apartment Community in Portland, Pricing Hits $48.5MM

(EDITOR’S NOTE: According to sources with knowledge of the transaction details, the property sold for $48.5 million, or $306,962 per unit.) PORTLAND, ORE.,...

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Newmark Knight Frank Advises on Sale of 580,000 SQFT Amberglen Business Center in Portland

Portland, OR (January 30, 2020) – Newmark Knight Frank’s (NKF) Pacific Northwest Capital Markets team advised on the sale of Amberglen Business Center, a nine-building, office and flex business campus...

CommercialFinanceIndustry News

Microsoft-Leased Bravern Office Commons in Bellevue Trades to Invesco for $585MM

By Meghan Hall Following on the heels of KKR’s massive $1.2 billion acquisition of The Summit and F5 Tower, Atlanta-based Invesco has made...

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News Releases

Principal Real Estate Investors And MUFG Union Bank Form New CMBS Lending Platform

Principal Real Estate Investors and MUFG Union Bank, N.A. announced today that together they have formed MUFG Principal Commercial Capital, a lending platform...

Industry NewsNews Releases

Ground Breaks on Phase II of Wilburton Village Development in Bellevue

BELLEVUE – (June 1, 2018) Principal Real Estate Investors of Des Moines, Iowa and Bellevue-based KG Investment Properties broke ground April 2nd on...

News Releases

Construction on Glisan Corporate Park Complete

First LEED certified speculative industrial development since 2012 Portland, OR – March 12, 2018 – Trammell Crow Company and partner, Principal Real Estate...

Industry NewsNews Releases

Principal Real Estate Investors Sells Office Building In Downtown Seattle For $25.4MM

PORTLAND, OR – October 14, 2016 – Pittsburgh-based Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the $25.4 million sale of Broadacres,...

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