Washington
Alexandria Expands Its Seattle Life Science Cluster Campuses
Pasadena, CA-based Alexandria Real Estate Equities, Inc. plans to deliver 188 East Blaine St. and start pre-construction activities for 1165… Read more
Russell Wilson, A-Rod Expand TruFusion Studios to Washington
Russell Wilson and Alex Rodriguez partnered with local entrepreneurs Scott Swerland and Taryn Naidu to bring rapidly-expanding TruFusion studios to… Read more
Newmark Realty Capital Hits $2.5B CRE Mortgage Activity in 2018
San Francisco-based Newmark Realty Capital (NRC), Inc. completed $2.47-billion of commercial mortgages during 2018 across 270 transactions. This is the… Read more
California Buyer Finds Seattle MF Appealing
The Redwood, a newly-constructed, 75-unit apartment community in Seattle’s Capitol Hill neighborhood, has been sold. The buyer, El Segundo, CA-based… Read more
GI Partners Inks Sale-Leaseback for NTT DATA’s HQ Campus
GI Partners, a San Francisco-based private investment firm, has acquired two properties from NTT DATA totaling more than one million… Read more
Sound West Launches Project-Specific Opportunity Zone Development Near Seattle
Seattle-based The Sound West Group of companies commenced development of Marina Square, an opportunity zone project project near Seattle, in… Read more
Looking Ahead into Crucial Trends Shaping CRE in 2019
By Dennis Kaiser The AIR CRE 2019 SoCal Market Trends & Forecast lived up to its billing as a “must-attend”… Read more
T-Mobile-Occupied Office Campus in Bothell, WA Sold
Canyon Pointe, a single-tenant, 174,546-square-foot Class A office campus fully-occupied by T-Mobile in Bothell, WA, has traded hands. Built in… Read more
Acquisition Financing Arranged for Historic Seattle Georgetown MXU Campus
ScanlanKemperBard (SKB) secured $32.5 million in acquisition financing for the Original Rainier Brewery, a four-building, 187,466-square-foot creative, mixed-use campus in… Read more
Welltower Claims 12-Market Hammes MOB Portfolio for $400M
The Hammes Medical Office Portfolio, a 979,000-square-foot, geographically-diverse collection of 23 Class A medical outpatient properties, has traded hands for… Read more
Beacon Hill Ranks Among Nation’s Hottest Affordable Neighborhoods
San Antonio’s Beacon Hill neighborhood made the top 10 in Redfin’s ranking of the nation’s hottest affordable neighborhoods. It isn’t… Read more
Broadstone Bags 18-Building Elliott Bay MOB Portfolio
Rochester, NY-based Broadstone Net Lease bought the Elliott Bay National Medical Office Portfolio, an 18-building portfolio of outpatient facilities leased… Read more
Microsoft Commits $500M to Tackle Puget Sound Region’s Affordable Housing Crisis
Microsoft Corp. made a $500 million commitment to preserve existing affordable housing, spur construction of new units, and partner with nonprofits to… Read more
Financing and Multifamily: Q&A with Hunt Real Estate Capital’s Kevin Chadwick
There is a lot to discuss when it comes to multifamily and financing. Sustained demand, combined with macro issues, place… Read more
Unico Completes $710M, 1.8M-SF Portfolio Deal in Denver, Seattle
Seattle-based Unico Investment Group LLC sold a 27-building portfolio of repositioned historic and newly- constructed office assets totaling 1.8 million… Read more
FIBREE Aims to Spread the Good Word About Blockchain
Having launched this past summer in Europe and expanded across the Asia Pacific region, a group aimed at sharing blockchain… Read more
CIM Claims Dexter Horton Building in Seattle for $151M
Los Angeles-based CIM Group acquired the Dexter Horton Building, a 15-story, roughly 335,000-square-foot Art Deco office building in Downtown Seattle… Read more
To Protect Employees, Starbucks Will Install Needle-Disposal Boxes in Stores
After Starbucks employees found blood, discarded needles, and syringes in bathrooms, the Seattle-based company has plans to install needle-disposal boxes… Read more
Griffin-American Healthcare REIT IV’s Acquisition Activity Hits $200M Q4 2018
Irvine, CA-based Griffin-American Healthcare REIT IV, Inc. completed the acquisition of 11 healthcare buildings in five states, and a 6%… Read more