Washington
Peregrine Picks Up Seattle Office Asset
Peregrine Realty Partners, Inc. acquired North Creek Parkway Center, a 205,554-square-foot flex park in Seattle’s North Creek micro market from… Read more
Vista Picks Up PDX Historic U.S. Customs House for $30M
Santa Monica, CA-based Vista Investment Group acquired the historic 67,000-square-foot U.S. Customs House in Portland, OR from Eastern Real Estate… Read more
California Investor Picks Up Eastern Washington MF
CBRE Capital Markets has arranged the sale of the Hawaiian Village apartments, a 192-unit community located in the southeastern Washington… Read more
KBS REIT Divests 11 Assets for $804M
Newport Beach, CA-based KBS Strategic Opportunity REIT, Inc., sold 11 properties to various subsidiaries of Keppel-KBS US REIT for $804… Read more
137-unit Sr. Memory Care Facility Planned in Murrieta
Seattle-based Riverside Care Group, LLC acquired seven acres of land in Murrieta, CA with plans to develop a 137-unit senior memory… Read more
DreamWorks’ Glendale Campus Bought by South Korean Investors for $290M
DreamWorks Animation’s Headquarters and Studio Campus in Glendale, CA sold for $290 million. The 460,000-square-foot creative office campus was acquired… Read more
California Household Buying Income Requirements Soar
Four California markets are among those requiring the highest salaries to buy a house in the U.S., reports mortgage information… Read more
Kennedy Wilson Completes $304M Asset Sales in US, Ireland
Beverly Hills, CA-based Kennedy Wilson completed two asset sales totaling $304 million, which will generate roughly $130 million in profit… Read more
Coffee to Croissants: Starbucks is Serving Up Italian
Starbucks’ ubiquitous locations serve everything from coffee to breakfast sandwiches and more recently, wine and beer. But, the coffee chain… Read more
Transwestern Picks Up Another Redmond, WA Asset
Transwestern Investment Management, in partnership with Diversified International Partners, acquired Redmond Hilltop, a 178,769-square-foot office property in Redmond, WA, from… Read more
153-Room Hampton Inn in Seattle Sold
Beverly Hills, CA-based commercial real estate investment banking firm Sonnenblick-Eichner Company arranged the sale of the 153-room Hampton Inn Southcenter… Read more
Michael Murray Joins Lift Partners from Terreno
San Francisco-based Lift Partners expanded its senior team with the addition of commercial real estate industry veteran Michael Murray. He… Read more
Kick Axe Comes to Gowanus
Kick Axe, an indoor axe throwing entertainment venue, will be opening soon in a 7,000-square-foot warehouse space at 622 Degraw… Read more
Cushman & Wakefield Promotes 5 Key Leaders
Cushman & Wakefield announced five promotions and appointments to key Americas management positions to elevate top talent and more closely… Read more
CalPERS Allocation to Canyon Partners Hits $1B
The California Public Employees’ Retirement System (CalPERS) expanded its existing relationship with Canyon Partners Real Estate. The public pension allocated… Read more
Denver Investor Acquires Seattle Industrial Portfolio
West Valley Distribution Center I, III and V, a three-building, infill, industrial portfolio totaling 138,296 square feet in Seattle’s North… Read more
Dermody Acquires 778K-SF Seattle-Area Industrial Park, Development Site
Dermody Properties acquired the Meridian Campus Corporate Park in Lacey, WA, just south of Seattle, from the California State Teachers’… Read more
ROIC Acquires Two West Coast Retail Centers for $97M
San Diego-based Retail Opportunity Investment Corporation (ROIC) acquired Fullerton Crossroads in Fullerton, CA and Riverstone Marketplace in Vancouver, WA from… Read more
NKF’s Kevin Shannon: Why Seattle Reigns King
By Dennis Kaiser Seattle is one of the hottest CRE markets in the United States. It earned the title of… Read more