Seattle & Northwest

JLL has completed the sale of Willow, a 158-unit, luxury multifamily property in Lake Oswego, Oregon. JLL represented the seller and procured the buyer. JLL Capital Markets’ Investment Sales and Advisory team, representing the seller, was led by Senior Managing Director Ira Virden and Managing Director Carrie Kahn. Completed in 2024, Willow is a modern …

JLL announced the $50.3 million monetization of a fully leased, 157,296-square-foot multi-specialty medical outpatient building located at 1200 Hilyard St. in Eugene, positioned two blocks from the University of Oregon. JLL represented the seller, PeaceHealth, as part of the disposition of its larger University District campus. This large outpatient building was acquired by Montecito Medical. …

Brennan Investment Group has acquired a three-building, 439,600-square-foot industrial portfolio in Nampa, Idaho. The acquisition marks Brennan’s entry into the Boise industrial market through a fully leased, institutional-quality asset. Completed in 2023, the three tilt-up industrial buildings are strategically located just minutes from Interstate 84 within Nampa, the Boise area’s largest and highest-absorbing industrial submarket. …

Lee & Associates | Pacific Northwest has promoted Shane Knecht to director of marketing. Since joining the firm in 2022 as its senior marketing coordinator, Knecht has played an integral role in advancing the company’s marketing initiatives, brand presence, and broker support efforts across the Pacific Northwest. In his new role, he will oversee the …

Gantry has secured a $13.65 million permanent loan to refinance maturing debt for Parkway Village at Sherwood, located at 21174-21430 SW Langer Farm Parkway in Sherwood, a Portland suburb approximately 15 miles from the city center. The 45,653-square-foot center is anchored by Walmart and features tenants such as Starbucks, Chipotle, The Old Spaghetti Factory, Panera …

JLL has arranged $42 million in financing for Portola Bridge Creek, a 270-unit, garden-style apartment community in Vancouver, Washington. JLL worked on behalf of the borrower, SB Real Estate Partners (SBREP), which has owned the property since 2022, to secure the five-year, fixed-rate loan through Fannie Mae. The JLL Capital Markets Debt Advisory team representing …

Steel Peak has acquired an industrial outdoor storage (IOS) property located at 1031 4th Avenue North in Kent, Washington, for $9 million. This is Steel Peak’s fourth IOS property acquisition in the Seattle area in the past 12 months and 15th overall. Will Schmidt of CBRE represented Steel Peak in its acquisition. “This acquisition checks …

Kidder Mathews has released its 2026 Western U.S. Mid-Year Market Forecast, offering an outlook on the economic conditions, structural shifts, and sector-specific trends in commercial real estate. The report examines trends in the office, industrial, retail, and multifamily sectors, highlighting fundamentals, risks, and new opportunities. The industrial sector is gaining momentum as leasing activity strengthens …

Mesa West Capital has provided Timberlane Partners with a $52 million short-term, first-mortgage loan to refinance Sumner Mill Apartments, a 162-unit multifamily community in Sumner, Washington. Delivered in 2024 by the sponsor, Sumner Mill Apartments is a 3.89-acre garden-style community located at 5816 162nd Avenue East with a mix of studio, one-bedroom and two-bedroom apartment …

Colliers arranged the $18.4 million sale of Sunset Self-Storage, a newly constructed self-storage facility at 5514 152nd St. E. in Puyallup, Washington. Executive Vice President Jacob Becher and Vice President Nate Fliflet represented both the buyer, BVDSS Puyallup Owner LLC, and the seller, Mitchell RE Holdings LLC. “Strong institutional demand and a highly competitive bidding …