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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.

warehouse facade
IndustrialIndustry NewsLeasing

Panattoni, Principal Fully Lease 406,000 SQFT Des Moines Creek Business Park West to Shield AI

A single tenant has leased all 405,680 square feet of Des Moines Creek Business Park West near Sea-Tac Airport. The deal continues the...

Office building
CommercialFinanceIndustry News

282,000 SQFT FAA Regional Headquarters Near Sea-Tac Hits Market With 11 Years of Firm Federal Lease Term

The 2018 build-to-suit near Sea-Tac comes with a GSA lease that has no termination rights or appropriations clauses, the kind of federal tenancy...

Apartment building with a pink background
FinanceIndustry NewsResidential

RISE Properties Trust Affiliate Sells 366-Unit The Groves in Kent to FPA Multifamily for $72MM

San Francisco-based FPA Multifamily picked up the 1980-built complex for about $196,700 per unit, in line with recent South King County sales and...

Aerial view of Renton, WA
FinanceIndustrialIndustry News

La Caisse Affiliate Sells 116,000 SQFT Renton Warehouse for $19.6MM in Third Puget Sound Exit in Two Weeks

IC Industrial REIT sold its 1974-built Thomas Avenue warehouse for about $169 per square foot, bringing its Kent, SeaTac and Renton sales to...

A view of Mount Rainier with Des Moines, Washington below.
FinanceIndustrialIndustry News

La Caisse Affiliate Sells 7.7-Acre Des Moines Logistics Center in SeaTac for $19.8MM

The buyer paid about $145 per square foot for the 1995-built campus of four small-suite flex buildings near Seattle-Tacoma International Airport, roughly 30...

Aerial view of Renton, WA
FinanceIndustrialIndustry News

Infill Industrial Partners Buys 126,000 SQFT Renton Warehouse From Blackstone Affiliate for $31.8MM

Infill Industrial Partners paid $31.8 million for a 126,457-square-foot Renton warehouse from a Blackstone affiliate, its second Blackstone buy this month.

office building facade
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...

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