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South King County

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CommercialFinanceIndustry News

Fred Hutchinson Cancer Center Acquires 225,000 SQFT Weyerhaeuser Office Building for $18MM in Federal Way

Fred Hutchinson Cancer Center buys the former Weyerhaeuser North Building I in Federal Way for $18 million.

Building with sawtooth roof line
AECIndustrialIndustry News

Scannell Properties Pays $11.8MM for Shovel-Ready Emerald Logistics Site in Auburn

Indianapolis-based Scannell Properties has bought a fully entitled industrial site in Auburn that its previous owner spent years preparing for exactly this kind...

Home under construction
AECFinanceIndustry NewsResidential

Construction Underway on Mercy Housing’s 233-Unit Affordable TOD in Kent

Built on a parcel Sound Transit sold at a $6.5 million discount to spur affordable development, Kent Multicultural Village pairs 233 housing units...

planet-volumes-Ri8IzK5DYCU-unsplash-small industrial
FinanceIndustrialIndustry News

Sagard Real Estate Acquires 134,000 SQFT Industrial Building in Tukwila for $24MM

Sagard Real Estate has added another Puget Sound warehouse to a Pacific Northwest industrial buying spree that has now touched four separate submarkets...

Aerial view of Renton, WA
AECCommercialIndustry News

JTM Construction Delivers Valley Medical Center’s $3MM Oncology Clinic Expansion in Renton

JTM Construction wrapped a doubling of Valley Medical Center’s East Pavilion oncology clinic in Renton nearly $900,000 under its original budget, delivering the...

building under construction
AECIndustry NewsResidential

Perkins Eastman Designing 233-Unit Affordable Housing Project on Sound Transit Land at Federal Way Downtown Station

Perkins Eastman has been tapped to design a 233-unit, all-affordable housing development that Multi-Service Center and Shelter Resources will build on two surplus...

apartment building facade
FinanceIndustry NewsResidential

St. Regis Properties Secures $23.25MM Refinance for 105-Unit Align Apartments in Federal Way

St. Regis Properties tapped a life company correspondent lender instead of the debt funds that typically price bridge loans at this leverage, landing...

max-van-den-oetelaar-RORkqnp4ye4-unsplash-apartments
FinanceIndustry NewsResidential

RISE Properties Trust Affiliate Sells 198-Unit Bower Village Apartments in Kent for $45MM

Kent Valley’s apartment market draws fresh capital even as Kidder Mathews reports softening fundamentals region-wide. A Nevada investment firm has picked up a...

warehouse facade
FinanceIndustrialIndustry News

BKM Capital Partners Acquires Multi-Tenant Industrial Portfolio in Kent and Tukwila for $85.7MM

Newport Beach-based BKM Capital Partners deepens its decade-long bet on South King County’s industrial corridor, snapping up multiple buildings and vacant land from...

max-van-den-oetelaar-RORkqnp4ye4-unsplash-apartments
FinanceIndustry NewsResidential

Hume Investments Sells 120-Unit Easthill Apartments in Kent for $19.2MM

The transaction recorded $160,000 per unit for a 120-unit apartment complex in Kent’s East Hill neighborhood An Irvine-based national apartment operator has paid...

Apartment building facade
FinanceIndustry NewsResidential

72-Unit, 1989-Vintage Multifamily Complex at 15805 40th Place South Comes to Market in Tukwila

A 1989-vintage, six-building apartment complex in Tukwila has come to market without a disclosed asking price, offering a renovation-focused buyer 72 units of...

Aerial view of Renton, WA
CommercialFinanceIndustry News

Onward Investors Sells 113,500 SQFT South Lind Square Flex Office Park in Renton for $20.8MM

A Mercer Island private buyer has acquired South Lind Square, a fully leased 16-tenant flex office park in Renton, for $20.8 million —...

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