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October 10, 2024
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PACIFIC NORTHWEST HEADLINES
Lake Oswego, OR Medical Outpatient Property Trades
10/09/24
Venture between Evergreen Medical Properties and a Bain Capital entity buys 60k sf property in Portland’s Kruse Way submarket

PCCP LLC and Guardian Real Estate Services Purchase 242-Unit Res Community in Portland
10/02/24
Deal is for 16-story The Louisa

Interest Rate Cuts a Bright Spot in Tough Portland Office Market
9/30/24
Kidder Matthews provides 3rd Quarter 2024 update on the sector

New Port of Vancouver Terminal Development Opens to the Public
9/27/24
Two-building project includes 366k sf of office space along with ground floor retail



Private Investor Pays $13 Mil for OR Neighborhood Retail Property
9/24/24
77k sf Keizer Village Shopping Center goes for $169/sf

Oregon Multifamily Property Refinanced with New Loan for $4.55 Mil
9/23/24
Deal is for 98-unit Eagle Crest Apartments in Bend

Financing of Over $34 Mil Arranged on Four Seattle Assets in Separate Deals
9/23/24
Gantry originates all of the transactions

Portland Res Community Trades
9/20/24
Deal is for 233-unit StoneRidge at Cornell

Washington State Multifamily Community Gets New Owner
9/13/24
186-unit CentrePointe Greens in Everett is sold

Washington Res Development Secures $25 Mil in Construction Money
9/13/24
Cushman & Wakefield arranges financing on 192-unit Saltese Creek in Spokane Valley

Spokane, WA Res Development Lands $33 Mil in Construction Money
9/12/24
Financing is for 210-unit Koz on West 4th Ave being built by Kōz Development LLC and Catalyst Opportunity Funds

200-Unit Res Asset in Washington State Trades Hands
9/11/24
Deal is for Heronfield in Kirkland

Washington Res Community Valued at $446k/Unit in $71 Mil Trade
8/29/24
Sale is of 159-unit SKY Sammamish in Sammamish

Oregon Office/Retail Asset Lands $15.5 Mil Refi Loan
8/23/24
JLL arranges new 10-year financing on 91k sf Lake View Village in Lake Oswego

Henry’s Gymnasium Leases Boylston Garage Property in Seattle’s Capitol Hill District
9/04/24
Deal is for all three floors of the 15k sf structure

Washington Neighborhood Center Sells for Over $600/sf
8/12/24
67k sf Village at Redmond Ridge goes for $41 mil

Historic Office Campus Property in Portland Trades Hands
8/12/24
768k sf Montgomery Park sold by a bank-owned entity

Menlo Equities Picks Up Unique Mixed-Use Asset in Portland’s Pearl District
8/09/24
134k sf Block 1 of the Brewery Blocks goes for $21 mil

Optimus Properties Spends $12 Mil on Washington Res Property
8/07/24
Purchase is of 70-unit asset in Beaverton

Washington Res Community Sells in $34.75 Mil Deal
7/31/24
124-unit Woodstone Apartments in Bothell goes for $280k/unit

Washington Medical Office Property Purchased with Plans to Be Redeveloped into a Hotel Project
7/25/24
Bellevue parcel will be leased back for a few years by the seller

Iconic Building in Downtown Seattle Goes for $549/sf
7/23/24
Historic Coliseum Building fetches $8.9 mil

Commercial Real Estate Financing Briefs
7/22/24
Recent transactions from JLL Capital Markets, Gantry and Priority Capital Advisory

Vancouver, WA Res Community Sold in $28 Mil Transaction
7/17/24
Local owner/operator pays $146k/unit for 191-unit Van Mall Retirement

Puget Sound Office Market Shows Early Signs of Recovery
7/12/24
Latest research from CBRE suggests Frederickson is hot-bed for new industrial projects

Portland Res Community Lands $45 Mil Refi
7/11/24
JLL arranges new loan through PCCP for 232-unit The Dylan

Seattle Multifamily Property Comps at $290k/Unit
7/10/24
65-unit Dexter Hayes building goes for nearly $19 mil

Rhino Investments Spends $24.6 Mil on OR Retail Center
7/05/24
Firm buys 277k sf Grants Pass Shopping Center

Apartment Property in Camas, WA Sells for Nearly $400k/Unit
7/02/24
30-unit Camas Flats purchased by out-of-state investor for almost $12 mil

Washington-Based Developer Buys 14 Acres in Silverdale, WA for Res Project
7/02/24
Buyer plans to build 438-unit multifamily community on the land

King County in Washington Buys Historic Dexter Horton Building in Seattle
7/01/24
$36.6 mil price tag is a fraction of what CIM Group paid in 2019

Large 262-Acre Development Parcel in Bend, OR Being Marketed for Sale
6/27/24
Land is referred to as the Stevens Road Tract – Phase II

Washington Multifamily Portfolio Sells for $3.3 Mil
6/26/24
Deal is for nine duplexes



 


 


 


 
 



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