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• Swedish Health Services Leases 120k sf at Seattle Medical Office Property
8/12/15
Swedish Health Services has signed a long-term lease for 120k sf at First Hill Medical Pavilion, a 225k sf medical office building in Seattle’s First Hill submarket. This deal brings the newly renovated, seven-floor Class A b...
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• HFF Arranges $65 Mil on Manufactured Home Communities from April 1 to June 15 of This Year
8/10/15
Holliday Fenoglio Fowler L.P. has arranged $65.7 mil in combined financing for 11 manufactured home communities totaling 1,605 home sites located in California and Oregon since April 1, 2015.
Financing for the 11 properties ...
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• Newmark Realty Capital Arranges $8.5 Mil in Take-Out Money on WA Retail Center
8/06/15
Newmark Realty Capital arranged $8.5 mil in take-out financing for Regal Plaza, a newly constructed retail center in Spokane, WA. The center is fully leased and anchored by a new Target, which opened in July 2014 (not part of...
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• Starwood Capital Group Spends $47 Mil on Two OR Apartment Properties
7/31/15
Starwood Capital Group purchased The Bluffs and Miramonte Lodge, two garden-style apartment communities totaling 368 units in Milwaukie, OR, for $47.1 mil, free and clear of existing debt. The assets were sold by Holland Part...
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• Mark Plenge Promoted to Senior Vice President at Walker & Dunlop
7/30/15
Walker & Dunlop is expanding its presence in the Seattle area with the promotion of Mark Plenge to senior vice president. Plenge, who has more than 20 years experience, has relocated to the firm’s Seattle office.
Plenge is r...
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• American Realty Advisors Purchases 317k sf Office/Retail Asset in Seattle’s South Lake Union Area
7/23/15
American Realty Advisors purchased the office and retail components, totaling 317k sf, of a mixed-use building in Seattle that also includes residential units. The transaction was for the 12-story, LEED Gold-certified office/...
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• TruAmerica Completes Five-Property, $115 Mil Pacific Northwest Multifamily Portfolio Buy
7/23/15
TruAmerica Multifamily and institutional partners DVO Real Estate and RCG Longview have completed a five-property value-add portfolio acquisition from FPA Multifamily with the addition of two apartment communities in Seattle,...
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• Puget Sound Industrial Market Mostly Positive at Midpoint for 2015
7/17/15
Here’s an overview of the Puget Sound industrial market at the mid-year point for 2015. The report was provided to us by real estate services firm Kidder Mathews.
The Puget Sound’s industrial market continues to produce mos...
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• Upscale Portland Apartment Asset Sells for $354k/Unit
7/17/15
The Cordelia, a 135-unit, two-building multi-housing property in Portland’s Alphabet District, traded hands at a price of $47.75 mil, or $354k/unit. Located at 777 NW 19th Ave, between Portland’s Pearl District and the NW 23r...
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• Trion Properties Spends $6.6 Mil on Its First Pacific Northwest Investment
7/16/15
Trion Properties just acquired its first asset in the Pacific Northwest, a 74-unit multifamily property in Portland, OR that it bought for $6.64 mil ($89.7k/unit) from Rael Development. The property, called Woodland Park Esta...
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• CBRE Arranges $15.3 Mil on OR Multifamily Complex
7/16/15
The Reliant Group has obtained $15.36 mil in financing for Summerlinn Apartments, a 94-unit apartment community in West Linn, OR. Built in 1999, the Class A property is located at 400 Springtree Lane, just north of I-205.
Su...
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• NBS Financial Services Arranges Trio of Deals Totaling $40 Mil in Financing
7/16/15
NBS Financial Services’ Associate Vice President Jeff Henderson has arranged a combined total of $40.2 mil in a recent string of financing deals.
In the largest of the deals, NBS Financial secured $21.9 mil in permanent fina...
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• HFF Arranges $42 Mil Refi on Portland Office Asset
7/15/15
Holliday Fenoglio Fowler L.P. has arranged $42 mil in refi money for 1201 Lloyd, a 225.1k sf, Class A office building in Portland, OR. The borrower is SGSA II LLC, an affiliate of Saban Capital Group Inc.
Completed in 2002, ...
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• CBRE Arranges $45 Mil in Refi Money on WA Office Complex
7/13/15
CBRE Capital Markets’ Debt & Structured Finance team has arranged $45 mil in refi money for Ridgewood Corporate Square, a seven-building, 242.1k sf office complex in Bellevue, WA.
Built in 1986, the property consists of all ...
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• Full City Block in Seattle Offered for Sale
7/13/15
A full city block in Seattle’s Capitol Hill neighborhood has been put on the market for the first time in 70 years. The MidTown Center property is located on a major intersection at 23rd Ave and East Union St.
The site is ri...
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• Downtown Portland Waterfront Dev Site Sells
7/08/15
A waterfront development site in downtown Portland just sold. The 14.9k sf parcel, one of the last development opportunities on the waterfront, is at 221 SW Naito Blvd, across from Waterfront Park.
The site offers sweeping v...
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• Washington Multifamily Asset Trades in $43 Mil Deal
7/02/15
San Mateo-based G.W. Williams Co closed on the purchase of Peloton Apartments, a 150-unit residential property in Redmond, WA. The property was sold by Grosvenor Americas in a $43 mil ($287k/unit) transaction.
Grosvenor ext...
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• TruAmerica Multifamily Moves into the Pacific Northwest in a Big Way
6/19/15
In recent multifamily investment news, TruAmerica Multifamily acquired three apartment home communities in Oregon and Washington in transactions totaling $125.3 mil.
The acquisitions include two properties in metro Seattle, ...
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• Haggen Inc Sells 39 Grocery Stores on the West Coast
6/15/15
Haggen Inc has completed the sale / leaseback of two separate portfolios totaling 39 Haggen Food & Pharmacy grocery stores in the west coast states of WA, OR and CA. Haggen entered into long-term leases for the stores with th...
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• Argo Group US Renews Its OR Office Space
6/11/15
Argo Group US Inc renewed its 17k sf office space in Milwaukie, OR. The building is 224 Corporate Center, located at 6400 SE Lake Rd, west of I-205 and north of Milwaukie Expwy.
Jan Bottcher, CBRE’s Senior Vice President, n...
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