Washington
Prime Locations of Lacey, WA Expands
Prime Locations, a commercial real estate company in Lacey, WA (near Olympia) has created the Prime Unique Properties Division. The… Read more
400-Unit Overlook at Lakemont in Bellevue Acquired for $118M
Security Properties and Pacific Life Insurance Co. bought Overlook at Lakemont, a 400-unit, Class B multifamily complex. The $118 million… Read more
Moody REIT II Pays $74M for SpringHill Suites
Moody National REIT II Inc., headquartered in Houston, has acquired the 234-key Marriott SpringHill Suites Hotel in Seattle for $74.1… Read more
23 Takeaways from ICSC’s RECon 2016
This week, more than 36,000 retail leaders descended on Las Vegas for ICSC 2016. We assume close to that many… Read more
Berkshire Buys 206-Unit Cook Street in Oregon
Berkshire Group has acquired the 206-unit Cook Street Apartments in Portland, OR. The seller was Seattle-based developer Lake Union Partners,… Read more
Amazon’s Economic Engine Adds More Horsepower in IE
Seattle-based Amazon continues to expand in California, adding two new fulfillment facilities, including one in Eastvale, and another in Tracy.… Read more
Ashford Prime Contracts to Sell Seattle Hotel for $84M
Ashford Hospitality Prime has struck a definitive agreement to sell the 250-key Courtyard Seattle Downtown. The $84.5 million transaction is… Read more
Weidner Acquires 514-Unit Arizona MF Asset
Kirkland, WA-headquartered Weidner Apartment Homes has acquired the 514-unit Desert Horizon Apartments from Waterton Residential, which is based in Chicago.… Read more
Is Cannabis Lighting Up CRE Rates?
Colorado, Washington and, more recently, Oregon, have benefitted from taxing the recently legalized cannabis industry. Additionally, crime rates are down.… Read more
15 Best Cities to Work and Live
By: Daniella Soloway Work, Live and Play environments are taking over cities. Hear more about the development of such lifestyle… Read more
MVE + Partners Celebrates Groundbreaking on Second Spring St Tower
Two mixed-use, 24-story apartment towers are at the forefront of a revitalization underway on the Spring Street corridor in DTLA.… Read more
Passco Sells 81K-SF Tacoma Retail to Washington Investor
Passco Cos. of Irvine, CA has obtained $26.7 million for the 80,922-square-foot Lincoln Plaza in Tacoma, WA. The buyer was… Read more
CBRE Closes $26.7M Retail Center Sale
Irvine, CA-based PASSCO Companies sold Lincoln Plaza, an 80,922-square-foot community shopping center in the city of Tacoma, WA to a… Read more
Starwood’s Sternlicht: Don’t Stress Over CRE Bubbles
Boston Federal Reserve president Eric Rosengren has warned that low interest rates are pumping up property values. But strong real… Read more
Westpark Acquired by KBS for $128M
KBS Real Estate Investment Trust Inc. continues to expand its footprint in the Seattle area, with the recent acquisition of… Read more
CONNECT RETAIL: Would a Minimum-Wage Hike Hurt Retail?
Connect Retail is our weekly column on the sector, authored by veteran CRE writer Ian Ritter. Well, the retail real… Read more
Vulcan Snags First Bellevue, WA Asset for $45M
Vulcan Real Estate acquired Bellevue Plaza Shopping Center, a 1960s retail complex in downtown Bellevue, WA, for $45.3 million. The… Read more
Port of Vancouver Bids Farewell to Veteran CEO
Todd Coleman announced he will be stepping down from his position as Port of Vancouver CEO to “pursue other opportunities.”… Read more
Big Al’s Sports Bar & Grill Swings Big, Entering California
Vancouver, WA-based Big Al’s Sports Bar & Grill is going big and opening a new home at Piemonte @ Ontario Center.… Read more