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AECFeaturedFinanceIndustry NewsResidential

Seattle Multifamily Market Slows but Holds Firm as Investors Spend $2.8B and Prices Climb 11.8%

Rents decline 0.3 percent while occupancy holds at 95.5 percent, with transaction activity approaching 2023 levels amid elevated construction pipeline Seattle’s multifamily market...

AECFeaturedHospitalityIndustry NewsResidential

Hotel Conversions Reshape America’s Rental Market as Hospitality Struggles Mount

The American hotel industry’s post-pandemic malaise is creating an unexpected windfall for apartment developers. In 2024, more than 9,100 hotel rooms were transformed...

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CommercialFinanceIndustry News

Microsoft Takes Nearly 500,000 SQFT Millennium Corporate Park in Redmond Off Sublease Market

By The Registry Staff Microsoft Corp. is now seeking to expand its office footprint in Redmond, marking a dramatic reversal from its recent...

AECCommercialIndustry NewsResidential

Vanbarton Group Plans 262-Unit Conversion of Former Zulily Building in $100MM Seattle Adaptive Reuse Project

New York Developer’s $81 Million Gamble on Elliott Avenue Property Tests Office-to-Residential Strategy in Pacific Northwest When Vanbarton Group acquired the hulking former...

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AECCommercialFinanceIndustry NewsResidential

Former 360,000 SQFT Zulily Building in Seattle Set for Residential Conversion After $81MM Sale

A historic Seattle office complex that once housed the headquarters of online retailer Zulily is poised for a dramatic transformation into luxury apartments...

CommercialIndustry News

Microsoft to Exit From Millennium Corporate Park in Redmond

By Vladimir Bosanac Tech giant Microsoft Corp. (Nasdaq: MSFT) has announced plans to further downsize its Eastside office space by subleasing all six...

CommercialFinanceIndustry News

Vanbarton Group Expands Puget Sound Holdings with $217MM Acquisition of Redmond’s Millennium Corporate Park

By Meghan Hall Well-placed Eastside assets are still continuing to trade for top dollar, even after nearly a year of struggle against the...

Vanbarton Redmond Millennium Corporate Park Microsoft TPG Real Estate Eastside commercial real estate corporate campus
CommercialFinanceIndustry News

Vanbarton to Buy Microsoft-Leased Office Asset in Redmond for $215MM

By Jon Peterson New York City-based Vanbarton Group has agreed to acquire the 536,958 square foot Millennium Corporate Park in Redmond. The purchase...

FinanceIndustry NewsResidential

The Danforth Secures $115.5MM in Financing From Vanbarton Group Affiliate

Rate Marks one of the Lowest Long-term Fixed Interest Rate Loans  SEATTLE – March 16, 2020 – CBRE Capital Markets’ Debt & Structured...

News Releases

Newmark Knight Frank Announces $305MM Sale of 901 Fifth Office Tower in Seattle

Los Angeles, CA (July 9, 2019) — Newmark Knight Frank (NKF) has announced it has completed the $305 million sale of 901 Fifth Office...

CommercialFinanceIndustry News

New York-Based Vanbarton Group Buys 41-Story Seattle Tower for $305MM

By Meghan Hall New York-based private equity and investment firm Vanbarton Group (VBG) is diving into the Seattle market with the acquisition of...

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