Washington
Mill Creek Sells Seattle Apartment Community for $125M
Mill Creek Residential Trust divested Modera First Hill, a 288-unit multifamily community in Seattle to OZH Holding 4 LLC for… Read more
Marcus & Millichap Brokers $28M Tacoma MF Sale
Westminster Towers, a 139-unit multifamily complex in Tacoma, traded hands for $28 million, which translates to $201,439-per-unit. The apartment community… Read more
Facebook Acquires REI Bellevue HQ for $390M
REI Co-op completed the sale of its newly completed corporate campus in Bellevue to Facebook for $390 million. The 400,000-square-foot campus… Read more
Amazon to Vacate SLU Building
Amazon’s continued expansion to the Eastside markets of Bellevue and Redmond is translating to a reduction of occupancy in Seattle.… Read more
Entitled Seattle Development Site Trades for Nearly $128M
D LLC, an entity affiliated with both Urban Visions and Martin Smith Inc, sold a development site in downtown Seattle… Read more
Hanley Arranges Two QSR Sales at KC-Area Shopping Center
Hanley Investment Group Real Estate Advisors arranged the sale of two newly-constructed retail investments occupied by Taco Bell and Scooter’s Coffee on… Read more
Hobby Lobby, Five Guys Set to Open at Vancouver Mall
Vancouver Mall, a lifestyle shopping center in Vancouver, WA owned by Centennial, added two new tenants, Hobby Lobby and Five… Read more
Columbia Pacific Advisors Advances Plans for Bellevue Tower
Columbia Pacific Advisors plans to develop a 16-story office tower on a site it acquired 13 years ago in Bellevue.… Read more
Amazon Takes Another 2M SF in Bellevue
Amazon secured an additional two million square feet of office space in downtown Bellevue, leasing space at Vulcan Real Estate’s… Read more
Gary Baragona Joins Kidder Mathews from CBRE
Seattle-based Kidder Mathews expanded its team with the addition of Gary Baragona, who joins the director of research. The commercial… Read more
Washington Earns Top Rank for Workers, Again
Washington ranks as the best state for workers, according to Oxfam America. The organization based its findings on wages, worker… Read more
Where to Find Some of the Best Opportunity Zone Opportunities
A widespread group of mostly-impoverished, densely-packed urban neighborhoods offers some of the best potential for Opportunity Zone investment, according to… Read more
MG Properties Group Acquires Multifamily Asset in Vancouver
San Diego-based MG Properties Group acquired the Hearth Apartment Homes in Vancouver, WA. The 179-unit community was completed in 2019… Read more
KeyBank Leaders Weigh In on Lending in COVID-19 Era
By Dennis Kaiser The real estate markets are working through the disruptions caused to the economy by the COVID-19 pandemic.… Read more
Toll Brothers Plans Lux Loft Condo Development in Bellevue
Toll Brothers unveiled The Lofts at 15th, a 22-home luxury condominium development located at 15516 NE 15th Pl. in Bellevue.… Read more
Washington Secures $190M in Federal COVID-19 Funding for Cities, Counties
Washington Governor Jay Inslee said nearly $190 million will be awarded from the state’s federal stimulus funding to local governments… Read more
Nominate a Woman in Real Estate for Our Fourth Annual Awards
Nominations for the 2020 Women in Real Estate Awards have opened, and we welcome your input. For the fourth consecutive… Read more
Equity Residential Snags Suburban Seattle MF for $49M
Chicago-based Equity Residential acquired the newly-built Notch Apartments in Newcastle for $48.86 million. The seller of the 158-unit mid-rise development… Read more
Kidder Mathews Handles $45M MF Deal in Kent
Kidder Mathews closed the sale of Knol Apartments in Kent for $44.5M, equating to $207,000-per-unit and $302-per-net-rentable-square-foot. The seller was… Read more