REBusiness Online Duke Realty Corp. has broken ground on the 261,362-square-foot industrial property at 7409 South 202nd St. in Kent, Wash., about 17 miles south of Seattle. The Indianapolis developer, which is building the property on a speculative basis, expects ...
The San Diego developer purchased the property from a Los Angeles investor in a deal brokered by Berkadia. It is encumbered by a $37.96 million Freddie Mac mortgage that was securitized through FREMF, 2020-KF80. It pays a coupon pegged to ...
ColRich has paid $66.1 million, or $344,270/unit, for Skyview 3322, a 192-unit apartment property in Kent, Wash. The San Diego developer purchased the property from a Los Angeles investor in a deal brokered by Berkadia. The three-story property, at 3322 ...
A venture of Security Properties Inc. and Rockwood Capital has paid $141.1 million, or $386,575/unit, for Midtown 64, a 365-unit apartment property in Kent, Wash. The Seattle company purchased the property from its developer, Goodman Real Estate, also of Seattle, ...
An affiliate of Pacific Urban Residential has paid $85.1 million for a pair of apartment properties in Kent, Wash., and Federal Way, Wash. The Palo Alto, Calif., investor bought the two properties from Gelt Inc. of Los Angeles, which was ...
New York Life Real Estate Investors has provided $44.5 million of financing for the construction of Bridge Point Kent 300, with 309,028 square feet of industrial space in Kent, Wash. The two-building property is being developed on a 16-acre parcel ...
Multi Housing News Odyssey Properties and L5 Investments have completed the purchase of Arbor Chase, a 100-unit apartment property in Kent, Wash., for $24.5 million, or $245,000/unit. LivCor, a Chicago subsidiary of Blackstone Group, sold the property, at 1615 West ...
Commercial Property Executive CenterPoint Properties has bought a 276,330-square-foot warehouse at 19826 Russell Road South in Kent, Wash., for $44.5 million, or $161.04/sf. The Oak Brook, Ill., industrial real estate investment company purchased the property from Iron Mountain, which had ...
Royal Firs apartments The property has been rebranded Alvista 240.
The purchase was financed with a $23.39 million agency loan written by Prudential Multifamily Mortgage LLC. The 10-year mortgage carries a fixed rate of 3.845 percent and requires only interest payments for the first five years.
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