Puget Sound
Security Properties Withdraws from Purchase of Former QFC Site in Seattle Planned for 317-Unit Residential Project
Developer Cites Market Conditions and Failed Negotiations After Four Years Under Contract for Wedgwood Redevelopment Security Properties has withdrawn from an agreement to...
Seattle Condo Market Shows Divergence as High-Rises Gain 6.3% While Mid and Low-Rises Decline
Transaction volumes fall 5.4 percent to 839 sales as inventory tightens to 4.4 months, with all-cash deals rising to 32.2 percent of purchases...
Sagard Real Estate Buys 162,400 SQFT Industrial Portfolio in Auburn for $27MM
(Editor’s Note: According to King County public records, the sales price was $27 million, or about $166 per square foot.) AUBURN, WA –...
Clarion Partners Buys Multi-Building Industrial Park Totaling 184,000 SQFT in Kent for $34.8MM
Four-building campus in heart of Puget Sound industrial corridor trades at $189 per square foot An industrial campus has traded hands in Kent,...
Equity Residential Sells 408-Unit Centennial Apartment Complex in Seattle for $132MM
JRK Property Holdings acquires Belltown towers from Equity Residential in dual-building transaction A two-building apartment complex in Seattle has traded hands in a...
Tech Firms Find Growth Opportunities on the Eastside as Bellevue Emerges as Alternative Tech Hub
Nine major technology companies have leased a combined 595,000 square feet of office space on the Eastside over the past three years, establishing...
25,900 SQFT Mixed-Use Asset For Sale Near Amazon HQ in Downtown Seattle Sees Price Drop to $12.8MM
Property offering 9.5% cap rate with lease extension and redevelopment upside A mixed-use building that hit the market earlier this year in Seattle...
Zenix Aerospace Buys Two Manufacturing Facilities in Arlington Totaling 144,000 SQFT for $52.2MM
An aerospace manufacturing facility in Arlington has changed ownership as part of a broader corporate restructuring. The Senior Aerospace AMT facility at 20100...
Arise Capital Buys 154-Unit Apartment Complex in Burien for $37.3MM
An apartment complex in Burien has traded hands recently. The Wellington Place Apartments, a 164-unit apartment complex located at 327 S 177th Place,...
Boeing Acquires 319,000 SQFT Flex Building in Everett for $54MM
A significant industrial site in Everett has traded hands. According to Snohomish County public records, The Boeing Company, based in Berkeley, Missouri, purchased...
Timberlane Partners, PCCP Acquire 532-Unit Jackson Apartments in Seattle for $173MM
Seattle continues to draw multifamily investors to its offerings. In a recent deal, Timberlane Partners, one of the Pacific Northwest’s most active multifamily...
Ardagh Glass Sells 13-Acre Industrial Site with 27,300 SQFT Building in Seattle for $23MM
A large industrial property in Seattle’s Georgetown neighborhood has changed hands. According to King County public records, an entity affiliated with Green Dock...
