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March 25, 2023
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PACIFIC NORTHWEST HEADLINES
Central Washington Ranks Eighth, Seattle Fifteenth for Data Center Leasing in 2022
3/24/23
Washington has some of the lowest power rates in North America per CBRE report

Washington Food Processing Plant Sells for $19.5 Mil
3/22/23
No Meat Factory buys 196k sf property in Stanwood



OR Retail Property Goes for $72/sf
3/20/23
Investor spends $6 mil on 84k sf Jackson Creek Center in Medford

Balboa Retail Partners Goes Shopping in Hillsboro, OR
3/20/23
Firm picks up 372k sf The Streets of Tanasbourne center



Lincoln Property Company Makes Two Pro Moves to Boost Its Pacific Northwest Leadership
3/03/23
Ryan Feigelson joins as Senior Vice President and Lee Morrison promoted to Senior Vice President of Leasing and Asset Management

Glencrest Group Closes $27 Mil Buy of Portland Res Community
2/24/23
Firm pays $160k/unit for 168-unit Meadowland Apartments

Patricia Loveall and Jason Rosauer Join CBR in Seattle
2/21/23
Successful broker duo come over from Kidder Mathews

Commercial Real Estate Financing Briefs
2/10/23
Recent transactions from JLL Capital Markets, George Smith Partners and Gantry

354k sf Former Regional Mall in Alaska Offered for Sale
2/08/23
North Pointe in Anchorage marketed as possible full or partial redevelopment opportunity

Industrial Construction Costs Ease Slightly but Remain Elevated
2/03/23
Per latest research from Cushman & Wakefield, competition for materials in a commodity constrained market, coupled with inflationary pressures, has driven construction costs higher across all real estate sectors.

Portland Jumps into Tie for Top Data Center Market in the U.S.
1/20/23
Cushman & Wakefield report ranks10 leading markets based on 13 categories

SRS Real Estate Partners Opens Pacific Northwest Office
1/19/23
Firm adds six new members including M&M Real Estate Consultants Founder Matt Martinez

Seattle Area Retail Property Sells for $737/sf
1/17/23
Private investors trade 3.8k sf asset in Everett

Work Finished on 84-Unit Res Community in Portlandís Woodstock Neighborhood
1/16/23
$24 mil project developed by Urban Asset Advisors

New Res Development in Tacoma, WA Lands $15.8 Mil Refi
1/04/23
Cushman & Wakefield and Greystone put together Fannie Mae DUS loan on 161-unit MLK Way

Seattle Childrenís Hospital Buys 477k sf of Washington Office Assets in $84 Mil Deal
1/03/23
Firm buys Southgate Campus and Valley Office Park in Renton from Providence

Transnational Management Spends $23.7 Mil on WA Retail Asset
1/03/23
Year-end buy is of 83k sf Greentree Plaza in Everett

Despite Record New Supply, National Industrial Vacancy Dips Below 4%
12/28/22
Latest update from CommercialEdge shows continued strong demand pushing rents higher

Chris Moe, Hans Kemo and Austin Arper Join CREís Seattle Office
12/27/22
Trio will be co-leaders of firmís Life Sciences practice in the Northwest

Commercial Real Estate Financing Briefs
12/27/22
Recent deals from Sonnenblick-Eichner Company and Gantry

Commercial Real Estate Financing Briefs
12/23/22
Recent deals from Cushman & Wakefield, JLL Capital Markets and Northmarq

Clarion Partners Sells 459k sf Industrial Facility in Washington
12/20/22
Deal is for Renton Logistics Center

FPA Multifamily Picks Up OR Res Asset at $204k/Unit
12/19/22
Firm buys 95-unit Fox Meadows in Tualatin

Local Investment Entity Pays $278k/Unit for Bellingham, WA Res Asset
12/16/22
$18.4 mil deal is for third phase of Samish Station project

 


 


 


 
 



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