State: Washington - WA
Oxford Properties Buys Seattle Apartment Building for $320Mln
Multi-Housing News Oxford Properties Group has bought the 461-unit Kiara Apartments in Seattle for $320 million, or $694,143/unit. The Toronto real estate investment company bought the 41-story property, at 970 Denny Way, from a venture of Holland Partner Group and ...
Seattle Apartment Property with 185 Units Sold for $66.5Mln
Multi-Housing News A venture of RISE Properties Trust and Westbrook Partners has bought the 185-unit Alto Apartments in Seattle for $66.5 million, or $359,459/unit. The venture purchased the 17-story building, at 311 Cedar St., from Hartz Mountain Industries, which had ...
Medical-Office Building in Everett, Wash., Sold for $20.8Mln
Commercial Property Executive DaVita Inc. has bought the 69,169-square-foot Everett Clinic Founders Building in Everett, Wash., for $20.8 million, or $300.71/sf. The Denver provider of dialysis services purchased the medical-office property, at 3901 Hoyt Ave., from the Everett Clinic in ...
Intercontinental Real Estate Partners on Seattle Office Development
Intercontinental Real Estate Corp. has broadened its investment reach in Seattle by partnering with Wright Runstad & Co. on 400 University@Rainier Square, a 122,000-square-foot office development in the city's downtown. The Boston investment manager already has a presence in Seattle. ...
17417 139th Northeast Ave.
Woodinville Mall Tenants include Allstate Insurance, Goodyear and Seattle Optometric Physicians.
Seattle-Area Shopping Center Sold for $13.4Mln
Rentv.com The Clemens Himmelspach Credit Trust has sold the 24,700-square-foot Woodinville Mall in Woodinville, Wash., for $13.4 million, or $542.51/sf. The buyer was not identified. The seller, which was represented by CBRE, had acquired the retail property in 2011 for ...
211 112th Ave.
Aventine Apartments Freddie Mac provided $13.08 million of financing.
11801 97th Lane NE
Waterscape at Juanita Village apartments Stream financed its purchase with $59 million of Freddie Mac financing provided by Berkadia Commercial Mortgage, according to King County, Wash., records. Terms of the financing were not available.
UDR Inc. Sells Kirkland, Wash., Apartment Building for $92.7Mln
Stream Real Estate has paid $92.7 million, or $472,959/unit, for the 196-unit Waterscape at Juanita Village apartments in Kirkland, Wash., about 16 miles northeast of Seattle. The Seattle developer bought the building, at 11801 97th Lane NE, from UDR Inc. ...
3033 77th Ave. NE
The recent transaction was financed with a loan from HSBC Bank, according to King County, Wash., records. Terms of the financing, which was recorded with the county on April 14, were not available.
Venture Buys Seattle-Area Office Building for $45.45Mln
The Ryan Cos. has partnered with HAL Real Estate to pay $45.45 million, or $309.71/sf, for the 146,750-square-foot office building at 3033 77th Ave. NE in the Seattle suburb of Mercer Island, Wash. The venture bought the five-story property from ...
9880 Bushlac Lane NW
Inlet View Apartments The transaction was financed with a $14.6 million loan from M&T Bank, according to Kitsap County, Wash., records. Additional terms of the financing could not be learned.
333 108th Ave. NE
Tower 333 office building The recent sale was financed with an acquisition loan from an affiliate of Deutsche Bank, according to King County, Wash., records. Terms of the loan were not disclosed. Expedia began occupying Tower 333 as its corporate ...
249-Unit Apartment Property Planned for Bellevue, Wash.
REBusiness Online SummerHill Apartment Communities has paid $12.3 million for a 1.4-acre development site at 1600 132nd Ave. NE in Bellevue, Wash., where it plans to build a 249-unit apartment property. The San Ramon, Calif., developer, a subsidiary of Marcus ...
Seattle-Area Apartments Sold for $16.2Mln
Goodman Real Estate Inc. has paid $16.2 million, or $162,000/unit, for the 100-unit Inlet View Apartments in Silverdale, Wash., a Seattle suburb. The Seattle developer bought the seven-building complex, at 9880 Bushlac Lane NW, from an unidentified seller that was ...
KKR Pays $401.5Mln for Amazon-Leased Office Building in Bellevue, Wash.
KKR & Co. Inc. has bought the 414,964-square-foot Tower 333 office building in Bellevue, Wash., for $401.5 million, or $967.55/sf. The New York investment company purchased the 20-story property, at 333 108th Ave. NE, from Equity Residential, which had taken ...
14725 SE 36th St.
Crestwood Corporate Plaza is 60 percent occupied.
Swift Real Estate Buys Bellevue, Wash., Office Building for $23.6Mln
Commercial Property Executive Swift Real Estate Partners has bought the 153,317-square-foot Crestwood Corporate Plaza in Bellevue, Wash., for $23.6 million, or $153.92/sf. The San Francisco real estate investment company purchased the five-story office building, at 14725 SE 36th St., from ...
3650 REIT Writes $35Mln Construction Loan for Tacoma, Wash., Apartments
A venture of Cypress Equity Investments and Hoang Quan Group of Vietnam has lined up a $35 million construction loan from 3650 REIT to fund the completion of The Hailey, a 186-unit apartment property in Tacoma, Wash. The loan was ...
333 108th Ave. NE
Tower 333 office building is fully leased to Amazon.com Inc., which will move in this year. Amazon's lease is for 16 years. Expedia Group previously had occupied the building.
2101 SW Sunset Blvd.
Sunset View Apartments Turner's acquisition includes the assumption of a $34.2 million Fannie Mae loan that was written in 2018 and is included in Multifamily Connecticut Avenue Securities Trust, 2019-01. The 12-year loan has a 4.65 percent coupon and requires ...
Equity Commonwealth to Sell Seattle-Area Office Building for $401.5Mln
Commercial Real Estate Direct Staff Report Equity Commonwealth has agreed to sell the 435,406-square-foot Tower 333 office building in the Seattle suburb of Bellevue, Wash., for $401.5 million, or $922/sf. The deal is expected to close by March 12. The ...
1520 West Casino Road
Greensview Apartment Homes Goodman's acquisition was financed with a $22 million loan from USBank, according to Snohomish County, Wash., records.
2101 SW Sunset Blvd.
Sunset View Apartments is 94 percent leased. Turner's acquisition includes the assumption of a $34.2 million Fannie Mae loan that was written in 2018 and is included in Multifamily Connecticut Avenue Securities Trust, 2019-01. The 12-year loan has a 4.65 ...
Turner Impact Buys Workforce Apartments Near Seattle for $49.8Mln, Assumes $34.2Mln Loan
Turner Impact Capital has paid $49.8 million, or $207,500/unit, for the 240-unit Sunset View Apartments in Renton, Wash. The Santa Monica, Calif., real estate investment company bought the property, at 2101 SW Sunset Blvd., from a venture of Meter Properties, ...
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