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Development Site in Seattle’s Lower Queen Anne/Uptown Neighborhood Trades 3/03/26 A 17.7k sf was sold via a court-appointed receivership. The property is located at 220 Elliott Avenue West, at 3rd Ave, adjacent to the shoreline.
220 Elliott Avenue West is currently improved as a 91-stall surface parking l...
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Washington State Sets Record in Data Center Leasing for Second Year in a Row 2/27/26 This report provided by real estate services firm CBRE
Washington State data centers recorded 154.5 megawatts (MW) of net absorption in 2025, a 117% increase from the year prior, reaching a record-high for the state, accordi...
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Legacy Partners and Silverpeak Real Estate Partners Secure $24 Mil Construction Loan for WA Res Project 2/27/26 Legacy Partners will develop a 138-unit, garden-style apartment community to be called Ravine Ridge in Port Orchard, WA. Legacy and venture partner Silverpeak Real Estate Partners have acquired the project site and are starti...
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Kidder Mathews Awarded Leasing Assignment for 450k sf Oregon Industrial Asset 2/20/26 BKM Capital Partners has awarded Kidder Mathews the exclusive leasing assignment for 217 Distribution Center, a 450.7k sf, multi-tenant industrial property in Beaverton, OR. Executive Vice President Scott Murphy, SIOR, and Vi...
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Housing Authority of Snohomish County Pays $77.5 Mil for WA Multifamily Community 2/13/26 The Housing Authority of Snohomish County (HASCO) acquired a 240-unit res community in the WA city of Lynnwood in a recent $77.5 mil ($323k/unit) transaction. The newly constructed property, Allegro Lynnwood, is located at 16...
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Ballast Pays $22.8 Mil for 55-Plus Manufactured Housing Community in Washington 1/30/26 Ballast has acquired Serene Terrace, a 55-plus, manufactured housing community in Lynwood, WA, within the Seattle metropolitan area, for $22.8 mil. Serene Terrace includes 131 sites and is currently 90% occupied.
Ballast ha...
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Interstate Equities Corporation and PGIM Acquire Four Multifamily Communities in the Bay Area and Seattle 1/26/26 A joint venture between Interstate Equities Corporation and PGIM, the global investment management business of Prudential Financial Inc, has acquired four multifamily properties totaling 574 units in Seattle and the San Franc...
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Gantry Arranges Trio of Seattle-Area Loans Totaling $30 Mil 1/16/26 Gantry has arranged three loans totaling $30.3 mil for a trio of separately owned assets throughout the greater Seattle Region. The financings include loans for a production studio facility refinance in Seattle, a flex indust...
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JRK Closes Out 2025 with $400 Mil, 800-Unit Res Portfolio Buy 1/08/26 Los Angeles-based JRK has acquired a three-property, 803-unit multifamily portfolio from Equity Residential in a $400 mil transaction. The acquisition caps a record year in which the firm acquired more than $1.3 bil of multif...
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Senior Housing Community in Portland to Be Repositioned after Purchase by Sherman Real Estate Related Entity 1/07/26 Ciel of Cedar Mill, a 110-unit senior housing community located just 15 minutes from Downtown Portland, has traded hands and will be repositioned by the new owner. The buyer, a principal of Sherman Capital Partners and Sherma...
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Harrison Street and The Springs Living Buy 87-Unit Portland Area Assisted Living Community 12/29/25 Harrison Street, in partnership with The Springs Living, has purchased Morningstar at Happy Valley, an 87-unit assisted living and memory care community in Portland. The Springs Living will operate the community, which has be...
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Intercontinental Real Estate Corporation and ScanlanKemperBard Companies Close on $25 Mil OR Retail Buy 12/23/25 Intercontinental Real Estate Corporation and ScanlanKemperBard Companies LLC (SKB), have acquired Washington Square II (“WSII”), an 86.6k sf retail center located in Tigard, OR, for $25.25 mil, or $292/sf. Washington Square I...
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Seattle Multifamily Goes for $227k/Unit 12/22/25 Here’s news of a notable multifamily trade in Seattle. The property is Lock Vista Apartments, a 192-unit apartment community in the city’s Ballard neighborhood. From what we hear, the buyer was a venture between GT Capital an...
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Seattle Res Community Lands New Owner in $16.5 Mil Deal 12/16/25 Greenlake Terrace Apartments, a 48-unit multifamily community in Seattle’s highly sought-after Green Lake neighborhood, traded in a $16.5 mil ($343.8k/unit) transaction. Built in 1986, the property is located at 7415 5th Ave ...
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Washington Res Community Purchased for $21.5 Mil 12/15/25 Pacific Walk Townhomes, a 142-unit property located at 8333 32nd Avenue S in Lakewood, WA, has sold for $21.5 mil ($151.4k/unit).
Built in 1946, Pacific Walk is situated on over 10 acres of landscaped grounds, offering a lo...
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Swickard Group Awards Leasing for Portland’s Big Pink Office Tower to Kidder Mathews 12/11/25 Kidder Mathews has been selected to oversee leasing for Portland’s iconic “Big Pink,” as new ownership embarks on a major repositioning of the 42-story U.S. Bancorp Tower—Oregon’s largest office building and a defining featur...
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179-Unit WA Res Community Gets Traded 12/04/25 Trax at DuPont Station, a 179-unit, core-plus multifamily community in DuPont, WA, traded hands in a recent deal. The property was sold by Security Properties and RGA ReCap Incorporated (ReCap Real Estate Investments) on beha...
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Berkshire Residential Investments Pays Over $400k/Unit for Seattle Luxury Res Property 12/01/25 Walton Lofts, a 136-unit luxury high-rise in Seattle’s Belltown neighborhood was acquired by Berkshire Residential Investments in a deal worth around $56 mil, or $412k/unit. The property is located at 75 Vine St, just a block...
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Multifamily Property in Seattle’s South Lake Union Neighborhood Goes for Just Under $300k/Unit 11/26/25 Borealis Apartments, a 53-unit property in Seattle, sold for $15.5 mil, or $292.5k/unit. Built in 2008, the property is located at 109 Dexter Ave, a few blocks from the Space Needle in the city’s South Lake Union neighborhood...
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Seattle Office Property Lands Two New Tenants 11/20/25 There have been two lease signings to mention at Lake Union Building, a 98k sf, LEED Gold-certified office building in Seattle’s South Lake Union area. The seven-story office building is located on the water at 1700 Westlake ...
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