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CommercialIndustry NewsRetail

Curbline Properties Buys Two Lake Meridian Crossing Retail Buildings in Kent for $7.2MM

Two Lake Meridian Crossing retail buildings on Kent-Kangley Road in Kent sell for $7.2MM to a Beachwood, Ohio, buyer tied to Curbline.

A drone view of boats in Gig Harbor Washington at sunset with Mt Rainier
CommercialRetail

Kent Fuel Station Operator Pays $7.8MM for Gig Harbor Gas Station on Point Fosdick Drive

A Kent-based fuel operator's affiliate paid $7.8 million for a gas station, convenience store and coffee drive-thru on Gig Harbor's Point Fosdick Drive.

View of lake Sammamish and Issaquah from Poo Poo Point
FinanceIndustry NewsResidential

Investco Sells 99-Unit Saffron Mixed-Use Property in Sammamish for $56.5MM

Principal bought one of the Eastside’s rarely traded mixed-use properties, with apartment rents about $380 below the East King County average and no...

Bellevue skyline with mountains in the background
FinanceIndustry NewsRetail

LACERA Affiliate Sells 106,800 SQFT Safeway-Anchored Evergreen Village in Bellevue for $61.4MM

First Washington Realty paid $61.4 million for the Safeway-anchored Evergreen Village at 1645 140th Avenue NE in Bellevue, expanding the Bethesda-based investor's Pacific...

Graphic of two purple shopping bags with a yellow background
FinanceIndustry NewsRetail

100,155 SQFT Mount Vernon Retail Center Lists for $15.55MM in Skagit County

The 98 percent occupied neighborhood retail center, anchored by Grocery Outlet and Ross Dress for Less, comes to market at a 6.75 percent...

View of lake Sammamish and Issaquah from Poo Poo Point
FinanceIndustry NewsResidentialRetail

Investco Lists 99-Unit Saffron Mixed-Use Asset in Sammamish at $54.3MM Appraised Value

JLL and Newmark are marketing the value-add multifamily and 47,304-SQFT retail center in one of the Eastside's most supply-constrained submarkets.

Graphic of two purple shopping bags with a yellow background
FinanceIndustry NewsRetail

Phillips Edison Acquires 54,000 SQFT Renton Highlands Shopping Center for $15.75MM

The Cincinnati-based grocery-anchored REIT continues its Pacific Northwest expansion with the purchase of the Safeway-adjacent retail complex, which traded at a loss for...

A view of Mount Rainier with Des Moines, Washington below.
AECFinanceIndustry NewsResidential

Mill Creek Residential Acquires 8-Acre Site in Des Moines for 290-Unit Modera Woodmont Beach Apartment Community

National multifamily developer picks up long-stalled Pacific Highway corridor site at a steep discount, plans mixed-use project less than a mile from the...

AECIndustry NewsResidential

Blackfish Capital Plans 173-Unit Affordable Housing Complex Near Lynnwood Light Rail Station

Seven-story Apollo Scriber Lake project targets families with below-market rents west of Scriber Lake Park Lynnwood's residential landscape continues evolving as transit-oriented development...

CommercialContributorsFeaturedFinanceIndustry NewsRetail

McNellis on CMBS: “Commercial Mortgage BS”

By John McNellis This essay is taken from John’s forthcoming 3rd edition of Making it in Real Estate.  I was leaning against the bar...

Grocery store shelves
FinanceIndustry NewsNews ReleasesPortlandRetail

Hazel Dell Retail Center in Vancouver, Wash. Secures $27.8MM Permanent Refinance

Hazel Dell Retail Center Includes Range of Big Box Tenants Including Safeway, Ross, Marshalls, Parkrose Hardware, and Roster of Restaurants, Retailers and Services;...

Graphic of shopping bags on conveyor belts
FinanceIndustry NewsNews ReleasesRetail

Curbline Properties Buys 15,270 SQFT Ellingson Crossing Strip Center in Auburn for $8MM

(Editor's Note: According to King County property records, the sales price was $8 million, or about $523 per square foot.) AUBURN, Wash. (July...

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