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March 29, 2024
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PACIFIC NORTHWEST NEWS
Archive
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• Intracorp Homes Lands $47 Mil in Financing for Marysville, WA Res Project
11/30/23
Intracorp Homes has obtained $47 mil in financing for construction of Motto Apartments, a 228-unit project in Marysville, WA, 35 miles north of Seattle. The project is slated to be completed in early 2026 and will feature in...
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• Panattoni Development Company and Crow Holdings Capital Land $252 Mil in Construction Money for Washington Industrial Project
11/07/23
A joint venture between Panattoni Development Company Inc and a real estate fund advised by Crow Holdings Capital has obtained $252.3 mil in construction money for the development of three industrial buildings totaling approx...
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• J.P. Harlow Joins Rockefeller Group as Managing Director
11/01/23
J.P. Harlow has joined Rockefeller Group as Managing Director for the West Region. Based in Seattle, Harlow will be responsible for expanding Rockefeller Group’s presence on the West Coast, specifically sourcing industrial, r...
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• Bellevue, WA Office Building Trades for $558/sf in Sale/Leaseback
11/01/23
First Citizens Bank has acquired a 33.2k sf office building Bellevue, WA in an $18.5 mil sale/leaseback deal. The building was sold by The Pacific Cataract and Laser Institute, which will lease back 15.5k sf of space on the f...
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• Former Tech Disk Manufacturing Facility in Oregon Listed for Sale
10/31/23
A 108k sf, former tech disk manufacturing facility in Eugene, OR has been put on the market. Located at 3590 W 3rd Ave in the heart of the West Eugene Industrial Corridor, the facility encompasses more than 4.5 acres and offe...
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• Green Leaf Capital Partners Buys 141-Unit Res Community in North Portland
10/25/23
Green Leaf Capital Partners has acquired The Perch PDX, a 141-unit, newly constructed, luxury, transit-oriented multi-housing community located in the highly sought-after Overlook neighborhood of North Portland, OR. It was so...
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• T & T Hospitality Services Spends $21 Mil on Vancouver, WA Office Building
10/16/23
Colorado-based T & T Hospitality Services Inc acquired 4000 Columbia House Boulevard, a 44.1k sf Class A office building in Vancouver, WA, for $21.1 mil ($478/sf) in a 1031 exchange deal. This is the third institutional offic...
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• Renovation Work Completed on Lobby Area of WA Office Tower
10/16/23
Renovation work on 10k sf of the first floor at Tacoma Centre has been completed. Located in downtown Tacoma, WA at 1145 Broadway, the property was previously known as Tacoma Financial Center before it was purchased by Kirkla...
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• Nearly 20k sf of Class A Office Space is Now Available in Portland’s Historic Troy Laundry Building
10/12/23
We thought we’d share a unique office space availability in Portland’s rapidly transforming Central Eastside. The listing is for 17.5k sf of Class A space in the historic Troy Laundry Building, located at 1025 SE Pine St in t...
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• Jewell Capital Picks Up Portland Office/Retail Asset in $5.7 Mil Buy
10/10/23
Jewell Capital paid $5.7 mil for The Gregory, a 50k sf ($121/sf) office/retail property in Portland. The property is part of a larger mixed-use project incorporating 133 high-end residential condominiums (which were not inclu...
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• Cascade Civil Development Buys 150 Acres of Development Land in Washington
9/28/23
A 150-acre industrial land development site in Longview, WA, near the Port of Longview, was acquired by Cascade Civil Development, an Oregon-based civil construction company specializing in habitat restoration, structural con...
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• The Mondivan Group Pays $633k/Unit for Seattle Res Community
9/28/23
The Mondivan Group, a Vancouver, British Columbia-based boutique real estate development company, purchased SOLIS, a multi-award-winning multifamily project, including NAIOP’s Multifamily Development of the Year in 2020, loca...
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• Financing Deals on Two Washington Assets Total $18.5 Mil
9/01/23
Here’s news of a couple of Washington financing deals originated by Gantry. One of the transactions was for an industrial property in Kent, while the other was for a build-to-rent community in Vancouver. In Kent, Gantry’s Mi...
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• ColRich Buys 228-Unit Res Property in Bend, OR
8/29/23
ColRich has purchased Seasons at Farmington Reserve, a 228-unit multifamily community in Bend, OR. The seller was Seattle-based Security Properties. Located at 61560 Aaron Way, the garden-style community was built in 2017 an...
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• ToySmith Leases 159k sf WA Facility
8/25/23
Toysmith has signed a new lease for a 159.1k sf, Class A industrial building that will serve as its new headquarters in Pacific (Tacoma), WA. The company is relocating from a nearby property to its new freestanding facility l...
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• Abacus Capital Group Makes $95 Mil Res Buy in Oregon
8/24/23
An affiliate of Abacus Capital Group purchased Lumina Apartments, a 440-unit multifamily community in Gresham, OR, for $96.7 mil ($220k/unit). Located at 2700 W. Powell Blvd, Lumina was built in 1994 with unit renovations co...
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• Houston Investor Buys 147k sf OR Retail Property
8/17/23
A Houston-based private investment group purchased a 146.9k sf retail property located at 11800 SE 82nd Ave in Happy Valley, OR. The property is physically attached to, but legally separate from, the 1.4 msf Clackamas Town Ce...
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• Trammell Crow Company and Diamond Realty Investments Start Work on 1.186 msf Industrial Project in Washington
8/16/23
Construction has started on what we’re told will be the largest speculative industrial facility in the Pacific Northwest. Located at 2700 Talley Way in Kelso, WA, the 82-acre site will include 1.186 msf of industrial space. T...
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• Oregon Industrial Asset Trades in $20 Mil Transaction
8/10/23
STAG Industrial acquired Beaverton Industrial Center, a recently renovated 121.4k sf multi-tenant industrial/distribution project on 6.4 acres in Beaverton, OR, for $20.6 mil ($170/sf). Originally constructed in the 1960s a...
more » 

• Seattle Area Self-Storage Facility Gets New Owner
7/25/23
Northlynn Mini-Storage, a 57.7k sf, self-storage property in the Lynnwood area of Seattle, was purchased by GCP SecureSpace Properties LLC. The price was not given out. Located at 15620 Highway 99, the facility contains grou...
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