Puget Sound Business Journal Griffis Residential has acquired the 233-unit Berkshires on Elliott in Seattle for $90.8 million, or $389,699/unit. The seller was Berkshire Group. Griffis plans to upgrade the property, at 2400 Elliott Ave., which was built in ...
Puget Sound Business Journal HFF has arranged a $95.5 million construction loan on behalf of developer Schnitzer West and an unnamed institutional investor for Centre 425, a 16-story office tower that's under construction in Bellevue, Wash. The lender has not been ...
Cushman & Wakefield arranged the $526 million of construction/permanent financing that a subsidiary of the Canada Pension Plan Investment Board provided for the 1.5 million-square-foot expansion of the Bellevue Collection mixed-use complex in downtown Bellevue, Wash. The debt, which was ...
The Canada Pension Plan Investment Board has agreed to provide $526 million of construction financing for the 1.5 million-square-foot expansion of a mixed-use complex in downtown Bellevue, Wash. Kemper Development Co., the project's developer, already has broken ground on the ...
Commercial Real Estate Direct Staff Report Metropolitan Life Insurance Co. has provided $110 million of mortgage financing against the Westin Bellevue, a 337-room hotel in the Seattle suburb of Bellevue, Wash. The 10-year loan amounts to roughly 60 percent of ...
96 percent occupied. Walton Street had acquired One Bellevue as part of a larger portfolio in 2011 from Goldman Sach's Whitehall Street Real Estate Fund. And last month, Blackstone Mortgage Trust Inc. provided $320 million of financing against the portfolio.
Puget Sound Business Journal The 21-story One Bellevue Center in Seattle, which serves as the headquarters for eBay, has been sold for $150 million. LaSalle Investment Management and the California State Teachers Retirement System acquired the 368,000-square-foot office property, at ...
90 percent occupied. The property had served as collateral for a $113.5 million mortgage that was securitized through LB-UBS Commercial Mortgage Trust, 2005-C2, but that was paid off as a result of the sale.
Puget Sound Business Journal One of the last development sites along Bellevue Way in downtown Bellevue, Wash., is back on the sales market, and the asking price has jumped 45 percent to $24.9 million. The 1.2 acre property, at 120 ...
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