Puget Sound
LBA Realty Spends $98.5MM to Acquire Six Warehouse/Distribution Buildings in SeaTac From Prologis
By Jack Stubbs On Thursday, December 27th, LBA Realty, a company that invests in commercial and industrial properties in major markets throughout the...
Bentall Kennedy Buys 263,000 SQFT Industrial Asset in Sumner for $41.05MM
By Jack Stubbs On Thursday, December 27th, a warehouse/distribution center in Sumner, Washington, sold for $41.05 million, or approximately $156 per square...
Bridge Investment Group Spends $56.85MM to Acquire 300-Unit Retreat at Maple Hill Apartments in Federal Way, WA
By Jack Stubbs Bridge Investment Group, a Salt Lake City, Utah-based commercial and multifamily real estate investment company, has over the last...
Trammell Crow Residential Acquires Four Parcels of Vacant Land in Shoreline, WA, for $11.5MM at Site of Planned Multifamily Project
By Jack Stubbs On December 21st, four parcels of vacant commercial land totaling approximately two acres sold for $11.5 million, according to...
PropTech: Dutch Space Utilization Platform Lone Rooftop Breaks into U.S. Market
By Meghan Hall In the United States’ most expensive commercial real estate markets, maintaining and leasing an office is often one of the...
Fairfield Residential Sells Renton Apartments for $87.15MM
By Vladimir Bosanac Renton apartment complexes have been a hot commodity in the second half of 2018, and before the year is...
UBS Sells Bellevue Apartment Asset to Continental Properties for $90.75MM
By Vladimir Bosanac Zurich, Switzerland-based global asset manager and investor, UBS, sold off an apartment asset that it owned in Bellevue for the...
Legislation Proposed to Bring Condominium Developments Back to Seattle
By Meghan Hall Seattle’s economic renaissance has prompted an unprecedented wave of development throughout the region, which has primarily manifested itself in the...
Online Job Search Engine Indeed Inks 200,000 SQFT Lease at Skanska’s 2+U Tower in Seattle
By Meghan Hall Just weeks after Skanska USA topped off its 38-story, 686,000 square foot Class A office tower called 2+U in November,...
Oregon Pension Fund Creates $250MM Separate Account with DivcoWest to Focus Markets that Include Bay Area and Seattle
By Jon Peterson Oregon Public Employees Retirement Fund has established a new separate account relationship with San Francisco-based DivcoWest Properties to invest in...
Highlands Campus Tech Centre in Bothell Sells for $33.55MM
(EDITOR’S NOTE: According to public documents filed with Snohomish County, the transaction closed on December 13, 2018 for $33,550,000, or roughly $166 per...
AECOM Leases 23,700 SQFT in Renton’s Triton Towers
Underscoring the growing attraction and growth of the Renton submarket, Newmark Knight Frank (NKF) has announced a 23,700-square-foot lease with AECOM at Triton...
