Seattle
Thayer Manca Buys 80-Unit Ballard Apartment Complex for $20MM
(EDITOR’S NOTE: According to sources familiar with the transaction detail, the property sold for $20 million, or $250,000 per unit. The cap rate...
Private Investor Offers up for Sale Pepper Hill Center in Shoreline with $25MM Asking Price
By Jon Peterson A Seattle-based private investor has placed on the market for sale the 45,126 square foot Pepper Hill Center retail shopping center...
17-Unit NOREG Apartments in Seattle’s Ballard Neighborhood Sells for $5.25MM
Seattle, WA –– For the first time since its construction in 1985 NOREG Apartments, a 17-unit apartment community the heart of Seattle’s Ballard...
BioMed’s Dexter Yard Highlights Industry Leading Sustainability and Wellness Features
By Mike Ruhl, Vice President at BioMed Realty In March 2020, remote work took center stage due to the pandemic, and hundreds of...
Legacy Partners Secures $91.88MM in Construction Financing for 288-Unit Residential Project in Bellevue
BELLEVUE, Wash. – August 1, 2022 – Legacy Partners (“Legacy”), a privately held national real estate firm, and Cushman & Wakefield, exclusive advisor...
Newport Beach MIG Real Estate Buys 104-Unit Cedar Rim Apartments in Newcastle for $53MM
By Vladimir Bosanac The multifamily investment sales market across the greater Puget Sound region continues unabated. In a transaction that closed on July 28,...
Sterling Realty Organization Sells 104,000 SQFT Retail Asset in Lynnwood for $44.1MM
By Catherine Sweeney Over the past several months, Lynnwood has seen a significant number of commercial properties trading hands. In one recent transaction,...
Vulcan Breaks Ground on 345-Unit Development in Seattle’s Yesler Neighborhood
Cascara at 225 Broadway will bring Vulcan’s residential portfolio at Yesler to more than 1,000 units SEATTLE, Wash. (July 29, 2022) – Vulcan Real Estate...
InCity Properties Acquires 98-Unit Apartment Building in Seattle’s Ravenna Neighborhood for $32.2MM
By Catherine Sweeney Multifamily investors have been staying busy this month, with the Puget Sound region reporting a significant number of transactions. In...
Five Mercer Island Properties Belonging to Paul Allen’s Estate Sell for $67.1MM
By Vladimir Bosanac Several properties belonging to the estate of the deceased Paul Allen, one of the founders of Microsoft and a business...
Fremont Court in Seattle Sells for $17.4MM
July 26, 2022 (Seattle, WA) – Lee & Associates Commercial Real Estate Services is pleased to announce that Fremont Court, a 35 unit mixed use building...
