Redmond
Resmark Sells Redmond Apartment Complex at Low 4 Cap Rate
By Jon Peterson Los Angeles-based Resmark Apartment Living has sold the 208-unit The Luke apartment complex in Redmond at a low four percent...
Starwood Hotels & Resorts to Launch Dual-Branded Aloft and Element Hotel Development in Redmond, Washington
Set to open in July 2017, Aloft and Element Redmond will Offer a Prime Location just outside the Microsoft Campus STAMFORD, Conn.–Starwood Hotels...
Berkshire To Seed New Investment Fund with Assets in San Jose and Seattle
By Jon Peterson Boston-based The Berkshire Group has seeded its new investment fund with properties in San Jose and in the Seattle area,...
Robust Puget Sound Job Growth Drives Real Estate to Boomtown Pace
By Neil Gonzales It’s no secret that where there’s job growth there’s development, and Puget Sound has plenty of both. “Clearly, job growth...
Report from ULI San Francisco and ULI Northwest Highlights Five Strategies for Promoting Healthy Lifestyles Through Improved Design of the Built Environment
San Francisco and Seattle (August 19, 2015) – ULI San Francisco and ULI Northwest today announced the release of “Building Healthy Places Through...
Blackstone Re-enters Seattle Market with 38-Building Suburban Office Acquisition
By Jon Peterson New York City-based Blackstone Group has made its first investment in the Seattle market in several years with the acquisition...
Costco Buys Redmond Plot for $16MM
Costco Wholesale has been reported as the buyer of a 15.4-acre plot of land in southeast Redmond, just south of Union Hill Road....
Bellevue in Midst of Residential Development Spurt
By Robert Carlsen The city of Bellevue is expediting development via two planning schemes—a comprehensive plan update and a Downtown Livability Initiative that...
Record Price in Seattle’s University District for Unpermitted 65 Foot Zoned Land
By Jon Peterson There has been a new record price established in Seattle for unpermitted 65 foot zoned land in the University District...
Grosvenor Sells Redmond Apartment for $43MM
By Jon Peterson Grosvenor Americas has sold the Peloton Apartments in Redmond for $43 million to San Mateo, Calif.-based G.W. Williams Co. The...
Greystar Expands Seattle Presence with $128MM Kirkland Apartment Buy
By Jon Peterson Charlestown, S.C.-based Greystar has bought its first apartment property ever in the Kirkland market with the acquisition of the 496-unit...
CalSTRS Provides Equity for Townhouse Development in Bellevue
By Jon Peterson California State Teachers Retirement System has funded $5 million of equity for the 24-unit Factoria luxury townhouse development in Bellevue,...
