Washington
Twin-tower Development Site in Denny Triangle Sells for $72M
Canadian residential developer Concord Pacific acquired a multifamily development site, located at 1901 Minor Avenue in Seattle for $72 million.… Read more
RISE, Aegon Acquire Federal Way MF for $56M
Seattle-based RISE Properties Trust, a Canadian real estate trust, partnered with Aegon Real Assets US to acquire Waterbury Park Apartments… Read more
Biotech Firm Takes All of Alexandria’s Lake Union Life Science Development
Adaptive Biotechnologies Corporation signed a 12-year, full-building lease at 1165 Eastlake Avenue E., a 100,000-square-foot headquarters office/laboratory development in Seattle.… Read more
PCCP Joins Urban Renaissance Group on 550K-SF SeaTac Deal
Seattle-based Urban Renaissance Group LLC (URG) and Iron Point Partners, LLC sold the 548,704-square-foot SeaTac Office Center in SeaTac, WA… Read more
SoCal Investor Snags Federal Way Industrial Portfolio
Newport Beach, CA-based BKM Capital Partners acquired a two-property industrial portfolio consisting of eight buildings totaling 133,595 square feet in… Read more
Record-Setting Office Deal Completed in Boise
The Clearwater Building and U.S. Bank Plaza in Boise have traded hands in a deal that ranks as Idaho’s largest… Read more
Vibrant Cities Breaks Ground on Pivot on Seattle’s Capitol Hill
Construction is officially underway on Vibrant Cities’ Pivot Apartments, a mixed-use project on Seattle’s Capitol Hill. The 75,000-square-foot building will… Read more
Ski Lodge-Inspired Seniors Community Unveiled in Mercer Island
Bellevue-headquartered Aegis Living opened its latest senior assisted-living community in Mercer Island, WA. Inspired by a Lake Placid ski lodge,… Read more
Holland Partner’s Courthouse Commons Passes Key Hurdle
Vancouver, WA-based Holland Partner Group received a key endorsement on Courthouse Commons, a proposed 37-story mixed-use development in downtown San… Read more
McKesson Opens New Healthcare Distribution Center in Seattle Area
McKesson Corporation opened a new distribution center in Puyallup, WA, south of Seattle. Positioned on six acres, the 118,500-square-foot facility,… Read more
Portland’s Tupelo Alley Trades in $58M Transaction
Tupelo Alley, a mixed-use community with 188 apartments units and 10,000 square feet of retail in Portland’s North Mississippi Avenue… Read more
350-Unit Self-Storage Facility in Redmond Acquired
Strategic Storage Trust IV, Inc. acquired a 350-unit self-storage facility in Redmond, WA. Located at 23316 Redmond-Fall City Road NE,… Read more
Ares, SteelWave Snag Bellevue Campus from TA Realty for $55M
Corporate Campus East III, a four-building, 154,765-square-foot office campus in Bellevue, WA, has traded hands for $55.25 million. The buyer… Read more
JLL Brings Historic Spokane MXU to Market
The Patsy Clark Mansion, a 19th century architectural gem built in downtown Spokane’s historic Browne’s Addition neighborhood in 1889, may… Read more
Essex Bags Brio in Walnut Creek for $165M
San Mateo, CA-based Essex Property Trust acquired Brio, a 300-unit apartment complex in Walnut Creek, CA, for $164.9 million, or… Read more
Greystar Buys Seattle SLU Site Planned for 28-Story Tower
Greystar acquired a site at 200 Eighth Ave. N. in Seattle’s South Lake Union from the Seattle Unity Church for… Read more
Port of Seattle Releases RFP for New $200M Cruise Facility at Terminal 46
The Port of Seattle released an RFP for the proposed $200-million cruise facility at Terminal 46 to the three shortlisted… Read more
Daniels JV Tops Off Seattle’s 40-Story The Emerald
Daniels Create World Seattle, LLC, a JV between Create World Real Estate and Daniels Real Estate, topped off The Emerald,… Read more
Economists See Next Recession Starting in 2020
The next recession will likely begin in 2020, according to a poll of more than 100 housing experts and economists… Read more