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• Mitco Inks Expansion/Renewal Deal for 223k sf of WA Industrial Space
12/14/09
Mitco Limited, a transload logistical provider, agreed to a renewal/expansion lease for a total of 223.5k sf of warehouse space at at Sumner Central, a 426k sf industrial facility. The building is located at 2701 142nd Ave S ...
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• Canadian Investors Pick Up 78 Units at Phoenix Condo Conversion Project
12/08/09
A Canadian investment partnership acquired 78 units at Riverwalk, a 240-unit condo conversion project located at 5345 East Van Buren St, a few blocks northeast of Sky Harbor International Airport in Phoenix, AZ. The units, wh...
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• Paper Company Takes 29k sf of Portland-Area Industrial Space
12/02/09
Metso Paper USA has leased 28.7k sf of industrial space at ProLogis Jennifer Distribution Center in Clackamas, OR. The complex is located east of I-205 and north of Clackamas River Dr, roughly 10 minutes from Portland Intern...
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• USPS Delivers Seattle-Area Disposition Assignment to CBRE
11/23/09
The United States Postal Service (USPS) has retained CB Richard Ellis to lead the Request for Proposal (RFP) phase for the Bellevue Midlakes Post Office property disposition. The property is located in downtown Bellevue at 11...
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• Trevor Kafoury Named Senior Vice President at CBRE
11/12/09
Trevor Kafoury has been promoted to Senior Vice President at CB Richard Ellis, one of the highest titles earned by a professional at the big real estate services firm. Kafoury has over 11 years of commercial real estate exper...
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• Portland Site to Become 105k sf HQ for Anheuser-Busch Distributor
10/28/09
Morgan Distributing LLC has acquired a 10.77-acre site in Portland, OR, within Riverside Parkway Corporate Center. The land, which is located at NE Portal Way and NE 185th, was acquired from DP Partners LLC.
Kirk Olsen, Part...
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• JB Matteson Closes $12 Mil Portland-Area Multifamily Buy
10/09/09
In a notable multifamily investment sale from the Pacific Northwest, JB Matteson Inc acquired the London Flats Apartments, a 146-unit apartment development located in Vancouver, WA, a suburb of Portland, OR, for $12.165 mil (...
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• Nevins Adams Lewbel Schell (NALS) Acquires 620 Units in Pac Northwest
10/06/09
Nevins Adams Lewbel Schell (NALS) recently closed on the acquisitions of two Northwest apartment communities with a combined 620 units. The purchases consist of The Colonnade, a 268-unit asset in Hillsboro, OR, and The Park a...
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• 249-Unit WA Apartment Community Sells for $14.5 Mil
10/05/09
Bravado on 27th, a 249-unit apartment community located at 25701 27th Place South in Kent, WA, sold for $14.45 mil, or about $58k/unit. The three-story, garden-style property had been foreclosed on and was lender-owned at the...
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• First Industrial Shows a Lot of Agility in 300k sf WA Industrial Lease
10/01/09
Agility, one of the world’s leading providers of integrated logistics to businesses and governments, inked a lease for 300k sf at First Park Meridian Campus in Lacey, WA, about 60 miles southwest of Seattle. The lease gives A...
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• WA Office Building Fetches Over $11 Mil
9/08/09
A local investment entity purchased Renton Commerce Center, a 114.3k sf building fully leased to four tenants, including Valley Medical Center (VMC), for $11.35 mil ($99/sf). The building sits in a prominent location in Rento...
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• Newmark Arranges $64 Mil on WA’s Carillon Point
8/27/09
Newmark Realty Capital Inc has arranged $64.7 mil in financing on Carillon Point, a unique mixed-use property in Kirkland, Washington. Located on 26 acres of waterfront land along Lake Washington, the property includes 445k s...
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• CNH Parts & Service Takes 246k sf of Distribution Space in Portland
7/28/09
CNH Parts & Service, the product support business of agricultural and construction equipment maker CNH Global N.V., inked a lease for 246k sf of recently completed distribution space at ProLogis Park PDX in Portland. The prop...
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• Kimberly-Clark Takes Over 500k sf of Space in WA’s Kent Valley
7/15/09
In what is being reported as the largest new industrial lease in Washington’s Kent Valley in the last 10 years, Kimberly-Clark agreed to a deal for 516k sf of space at AMB Property Company’s East Valley Warehouse, outside of ...
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• Newmark Realty Capital Arranges $44 Mil for Seattle-Area Retail Center
7/08/09
Newmark Realty Capital Inc has arranged financing of $43.75 mil for the Downtown Woodinville Shopping Center in Woodinville, a town of about 10,000 people situated about 20 miles northeast of Seattle in the state of Washingto...
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• 252-Unit Seattle Area Apartment Complex Sells for $26 Mil
7/07/09
A 252-unit apartment complex located in the Pacific Northwest town of Renton, WA traded hands in a recent $26 mil transaction. The property, Lexington Heights, was purchased by Los Angeles-based FSC Realty from BlackRock in a...
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• Southern Oregon Sales Sold in a Southern Oregon Sale
7/06/09
Cross Creek Trading Company acquired Southern Oregon Sales (SOS), a 110k sf cold storage and packing facility located on six acres in Medford, OR for $2.3 mil ($21/sf). The 90-year-old plant was originally listed for $2.8 mil...
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• New Tenant at WA Industrial Facility is on the Verizon
6/16/09
Verizon inked a five-year lease for 47.9k sf of industrial space in Everett, WA for its Corporate Services Group. The space is part of a larger, 106.9k sf facility located at 2610 W. Casino Rd, a couple of blocks from Paine F...
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• JB Matteson/Griffin Capital Closes $32 Mil Puget Sound Apartment Buy
6/12/09
A venture of JB Matteson of California and Griffin Capital closed on a big Puget Sound multifamily acquisition, having paid $32.45 mil for Waterford at the Lakes, a 344-unit asset in the town of Kent, 20 miles southeast of Se...
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• Exciting New Mixed-Use Project in Burien, WA Opens to Public
5/26/09
Burien Town Square, a unique, new residential and retail community in the city of Burien, WA, just celebrated its grand opening. The mixed-use community, which features 124 condominium homes, a new city hall, county library, ...
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