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CommercialFinanceIndustry News

Local Buyer Acquires 66,235 SQFT Drivers Club in Redmond for $20.5MM

By Catherine Sweeney  After its 2019 delivery, the newly constructed Redmond Drivers Club is under new ownership. King County public records show that...

AECIndustry NewsNews ReleasesResidential

Legacy Partners & Lionstone Break Ground on 623-Unit Redmond Square Redevelopment

REDMOND, Wash. (November 11, 2021) – Legacy Partners (“Legacy”), a privately held national real estate firm, and JV partner Lionstone Investments, a data-analytics...

King County, Canton Lofts, Nitze-Stagen, Seattle, Healthy Housing Initiative, Elliot Bay, Pioneer Square, Renton, Aurora, Redmond, Auburn, Federal Way, Stone
FinanceIndustry NewsResidential

King County Acquires 80-Unit Affordable Housing Development for $32MM as Part of Healthy Housing Initiative

By Catherine Sweeney  In an effort to support its unhoused population, King County is purchasing hotels, motels and apartment buildings to turn into...

FinanceIndustry NewsResidential

Security Properties Buys 76-Unit Apartment Complex in Newcastle for $26.7MM

By Catherine Sweeney  After last trading hands in 2017, the 76-unit Tria Apartments in Newcastle has a new owner. According to King County...

CommercialFinanceIndustrialIndustry NewsNews Releases

Oakridge Business Park One in Redmond Sells for $14.2MM

REDMOND, WA, November 1, 2021 – The Leibsohn Group of Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales,...

CommercialFinanceIndustry NewsNews Releases

Woodspring Suites Portfolio in Washington Sells for $88MM

Sale of Five Properties Marks a New Price-Per-Key Record for Woodspring Suites Brand SEATTLE – Nov. 1, 2021 – CBRE announced the sale of...

FinanceIndustry NewsResidential

Essex Property Trust Acquires 155-Unit Apartment Complex in Lynwood for $53MM

By Catherine Sweeney  Essex Property Trust is continuing to expand its portfolio in the Seattle metropolitan area. In a recent transaction, Snohomish County...

CommercialFinanceHospitalityIndustry News

WoodSpring Suites Locations Across Puget Sound Sell for Combined $88MM

By Meghan Hall A portfolio deal has closed in the Puget Sound that could give insight into how investors are viewing hospitality assets....

Lennar Multifamily, Seattle, Redmond, Encore Architects, Spectra, Ovation
AECCommercialFinanceIndustry News

Lennar Multifamily Buys Redmond Industrial Park for $16.8MM

By Meghan Hall One of the largest apartment developers in the U.S. has gone in on an industrial park in Redmond where plans...

CommercialFinanceIndustry News

Evans Business Park Buildings in Redmond Sell for $26.7MM

By Meghan Hall A locally-owned property management firm has sold off a Redmond industrial asset that bears its name. In a deal that...

Nightingale Apartments, Acacia Capital Corporation, Redmond, The Lionstone Group, Esterra Park,
AECFinanceIndustry NewsResidential

Newly Constructed Redmond Apartment Complex Trades Hands for $131.5MM

By Meghan Hall A newly-built apartment complex in the highly-anticipated Esterra Park development has sold. According to public documents, the Nightingale Apartments in...

AECFinanceIndustry NewsResidential

Trammell Crow Residential Disposes of Redmond Apartment Complex for $105.5MM

By Meghan Hall Dallas, Texas-based Trammell Crow has disposed of a brand-new apartment complex in Redmond, Wash. In a deal that closed on...

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