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November 29, 2022
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PACIFIC NORTHWEST HEADLINES
Greystar Set to Start Work on Res Project in Portland’s Slabtown Neighborhood
11/23/22
364-unit development to cover two blocks in the city’s northwest area

Washington Multifamily Property Trades in $78 Mil Deal
11/22/22
201-unit Lakemont Orchard in Issaquah goes for $390k/unit



Five Fast Facts on Seattle’s Industrial Market
11/21/22
Quick Q3 2022 overview provided by Cushman & Wakefield Research

Grocery-Anchored Retail Center in Medford, OR Listed for Sale
11/17/22
83k sf Jackson Creek Shopping Center offered for $6.5 mil



Propeller Inc Lands at Field Office in Portland
11/04/22
Firm inks relocation deal for 12k sf of space

LEED-Certified Office Buildings Command Higher Rents, Even Amid Challenging Conditions
11/02/22
Minneapolis has highest percentage of LEED-Certified office stock in U.S., per new report from CBRE

Seattle Area Biz Campus Trades in $33 Mil Deal
11/02/22
136k sf Lakewood Business Park sold by MCA Realty

BKM Capital Partners Closes $20 Mil Light Industrial Buy in the Seattle Area
11/01/22
Pacific Industrial Park consists of 122k sf in four buildings

Seattle Res Community Trades for $104 Mil
10/25/22
Four-year-old 624 Yale goes for just over $500k/unit

SR Watt Company Spends $60 Mil on 188 Res Units in the Portland Area
10/21/22
Purchase is of multifamily properties in Sherwood and Beaverton

C.E. John Company Inc Obtains $61 Mil in Financing on OR Retail Center
10/20/22
10-year loan secured by 477k sf Cedar Hills Crossing in Beaverton

Work Started on 192k sf Distribution Project in Spokane Valley, WA
10/19/22
Green Acres Distribution Center being developed by PCCP LLC and Panattoni Development Company Inc

Legacy Partners and Lionstone Investments Underway on Second Phase of Redevelopment of Redmond Square Shopping Center
10/18/22
Latest construction consists of 312 res units and 13k sf of retail space

Washington State Industrial Investment Deal has a Price Tag of Almost $24 Mil
10/17/22
Newly built 142k sf facility in Lacey goes for $168/sf

Oregon Multifamily Property Sold in $124 Mil Transaction
10/12/22
One Jefferson in Lake Oswego goes for $357k/unit

NBP Capital to Start Work on 271-Unit Res Project in Portland
10/10/22
Construction financed with $67.5 mil from PCCP LLC

Harbor Custom Development Lands $39 Mil Loan for Development of WA Res Community
10/07/22
Construction money for Lacey project provided by Buchanan Mortgage Holdings LLC

Preservation Equity Fund Advisors Buys 75-Unit Seniors Affordable Housing Project in Washington
10/05/22
Buyer to undertake deferred maintenance at Rainier Vista in Pacific

Two Res Communities Totaling 155 Units in Seattle Fetch $41.5 Mil
10/03/22
Belay and Noba apartments sold by Intercontinental Real Estate Corporation

Newly-Built WA Multifamily Community Lands $61.3 Mil in Financing
9/28/22
C&W and Greystone put together new Fannie Mae loan on 239-unit Kinect @ Lynnwood

Next Wave Investors Close on $34 Mil Portland Area Apartment Buy
9/20/22
Firm pays $189k/unit for The Nash in Gresham

University of Washington is Looking for a Student Housing Developer/Operator to Manage Four-Property Portfolio
9/19/22
Assets total 694 units and are located near the UW Seattle campus

The Roxborough Group Completes Conversion of WA Office Property to Net Zero Carbon Operations
9/15/22
Kirkland 405 Corporate Center is the first and only multi-tenant office building in the Seattle suburb of Kirkland to transition to all-electric operations with renewable power

Package Deliveries to Seattle Multifamily Properties Jump 53% Over One Year Earlier
9/14/22
Report from ButterflyBMX points to the growing need for state-of-the-art access solutions

Cairn West Completes $65 Mil Multifamily Buy in Washington
9/13/22
Firm buys 114-unit BLIS Apartments on Bainbridge Island

Trion Properties Spends $95 Mil on Multifamily Portfolio in Oregon
9/09/22
Deal is for three communities totaling 302 units in Beaverton

Davis Property Investment Underway with 160k sf Spec Industrial Project in the Puget Sound Region
9/06/22
Gantry arranges $18 mil financing for the development

Trion Properties and Tokyu Land US Corporation Wrap Up $99 Mil Recapitalization of Portland Multifamily Portfolio
9/01/22
Financing deal is for two communities totaling 373 units

Data Center Real Estate Activity Continues to Grow
9/01/22
New JLL report outlines key market trends to watch in the second half of 2022



 


 


 


 
 



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