|
Two Seattle Apartment Sales Generate $7 Mil 2/27/25 Two multifamily assets in Seattle’s Capitol Hill and Magnolia neighborhoods traded hands in recent deals totaling roughly $7 mil. The properties were sold by different sellers in separate transactions. Cushman & Wakefield’s T...
|
Commercial Real Estate Financing Briefs 2/21/25 CBRE - Mike Walker, Jesse Weber, Andrew Behrens and Brad Zampa with CBRE’s Debt and Structured Financing team arranged $25 mil in financing for 88 Hillside Apartments, a 95-unit multifamily community in Daly City, on behalf o...
|
Seattle Multifamily Asset Trades in $42 Mil Deal 2/20/25 Metro on First, a 106-unit apartment community in Seattle’s highly sought-after Queen Anne neighborhood, has sold for $42.6 mil, or $402k per unit. The property is located at 215 First Avenue W, just a couple of blocks in fro...
|
Unique Seattle Office/Retail Property Trades for $1.9 Mil 2/13/25 A 4.1k sf office/retail property in Seattle’s Wedgwood neighborhood that serves as Birds Connect Seattle’s headquarters was purchased in a $1.925 mil deal. The property sits on an 11.1k sf lot at 8050 35th Avenue NE.
The pro...
|
Work Completed on 97-Unit OR Res Project 2/10/25 Construction is now complete on Arts Plaza Apartments, a four-story, 97-unit mixed-use building in Gresham, OR. The $26 mil project, a development of Gibbins Kaplan Development and Capstone Partners, is located at 492 N.E. Se...
|
Commercial Real Estate Financing Briefs 2/07/25 AVATAR FINANCIAL GROUP -- Avatar Financial Group LLC has provided a $56 mil loan for Williams Village, an infill redevelopment project in Boulder, CO. The two-year loan allows the borrower to buy out two remaining ground leas...
|
Commercial Property in Spokane, WA Trades in $10 Mil Deal 2/06/25 A commercial property consisting of two retail buildings totaling 175.6k sf of space on a 9.39-acre site in Spokane, WA traded hands in a $10.2 mil transaction. The buyer was Burlington North LLC, a local development group le...
|
Pathfinder Partners Spends $31 Mil on Washington Multifamily Buy 1/31/25 Pathfinder Partners has purchased Cedardale, a 126-unit multifamily community in Federal Way, WA, a suburban neighborhood located between Seattle, Tacoma and the Kent Valley. The property, located at 2501 SW 336th St, sold fo...
|
RISE Properties Trust Lands $92.5 Mil to Refinance Two Seattle Res Projects 1/22/25 RISE Properties Trust has obtained $92.5 mil in first mortgage debt to refinance two mid-rise multifamily communities totaling 266 units in Seattle, WA. The money was provided by Mesa West Capital.
The new five-year loan is ...
|
Senior Housing Portfolio in Oregon Lands $40 Mil Refi Loan 1/21/25 A portfolio of three seniors housing communities totaling 344 units in Eugene and Springfield, OR was refinanced with a new loan for $40 mil. The properties are owned by a local operator.
The portfolio consists of Evergreen ...
|
BKM Capital Partners Acquires SeaTac Industrial Park in Seattle for $29 Million 1/17/25 BKM Capital Partners purchased SeaTac Industrial Park, a 129.7k sf industrial asset in SeaTac, WA, for $29 mil. ($224/sf). The property sits within one of the tightest and most sought-after industrial markets in the Seattle m...
|
Realterm Closes on 13-Property IOS Portfolio Buy 1/13/25 Realterm purchased a 13-property industrial outdoor storage (IOS) truck terminal portfolio totaling 631.6k sf across 131 acres in seven major U.S. markets. The portfolio, which is 97% leased to 10 tenants, consists primarily ...
|
Oregon Retail Center Sells for $427/sf 1/13/25 Oswego Village, a 103k sf retail center in Lake Oswego, OR, was acquired by an unnamed Canadian advisory group for $44 mil ($427/sf). The property is located at 11 S. State St, just eight miles south of Portland.
Oswego Vill...
|
Advanced Manufacturing/R&D Facility in Seattle’s SoDo Neighborhood Lands $40 Mil in Financing 1/13/25 Affiliates of Avenue 55 and Columbia Pacific Advisors have obtained $40 mil in financing for Track6, a recently built 210.8k sf advanced manufacturing / research & development (R&D) facility located in the SoDo submarket of S...
|
Pathfinder Partners Closes $28 Mil Seattle-Area Res Buy 1/08/25 Pathfinder Partners has acquired Sundance, a 105-unit apartment community in Washington, in a $28.15 mil ($268k/unit) transaction. The property is located at 210 27th Ave in Milton, a suburban neighborhood just south of Seatt...
|
Commercial Real Estate Financing Briefs 1/08/25 BWE – Mike Guterman with BWE arranged a $20 mil bridge loan to finance the redevelopment of an 85k sf Sears outparcel building, adjacent to the Marketplace at Merced shopping mall located in Merced. The redevelopment will see...
|
Historic Colman Building in Downtown Seattle Trades Hands 1/03/25 The Colman Building, an historic 143.9k sf retail/office building in downtown Seattle, has been sold through a receivership process. Constructed more than 125 years ago, the Colman Building is located at 811 1st Ave.
The st...
|
Seattle Area Industrial Portfolio Trades in $64 Mil Deal 12/31/24 A 315.4k sf industrial portfolio in Seattle traded hands in a recent end-of-year transaction. The deal had a price tag of $64.21 mil, which works out to $203/sf.
The portfolio includes two industrial facilities: Kent Valley ...
|
Retail Asset in North Seattle Goes for $271/sf 12/31/24 A 51.3k sf LA Fitness & Shoppes property in Seattle traded for $13.9 mil, or $271/sf. The multi-tenant asset sits on 3.72 acres at 13244 Aurora Ave N, in an infill location in North Seattle.
The property comprises two compon...
|
Oregon Multifamily Community Traded for Over $29 Mil 12/24/24 Barclay Village, a 146-unit, garden-style multifamily community in Oregon City, OR, traded hands in a $29.2 mil ($200k/unit) deal. The property, located at 775 Cascade St, was built in 1987 and has been undergoing extensive r...
|