Lacey Marketplace, a 125,204-square-foot retail center in the Olympia, Wash., suburb of Lacey, Wash., has sold in two separate transactions. A group of investors that include Michael Hess and Dale Pinney sold portions of the fully occupied property to Agree ...
REBusiness Online Koelsch Communities has opened the 188-unit Karlo Apartments at 8811 31st Ave. NE in Lacey, Wash. The Olympia, Wash., company started work on the $66.5 million project in 2022. Karlo has one-, two-, and three-bedroom units that range ...
Commercial Real Estate Direct Staff Report Kennedy Wilson has provided $45.62 million of senior mortgage financing and PGIM Real Estate provided $22 million of mezzanine debt for the construction of the 324-unit Cypress Apartments in Lacey, Wash. The financing was ...
The property has been renamed Lacey I-5 Logistics Center. It has 32- to 36-foot clear heights, multiple dock positions, 185-foot truck courts and fully leased by five tenants.
Dermody Properties has paid $132.1 million, or $184.10/sf, for Bridge Point Lacey, a three-building industrial property with 717,544 square feet in Lacey, Wash. The Reno, Nev., investment firm purchased the property from its developer, Bridge Industrial of Chicago, according to ...
Puget Sound Business Journal Security Properties has paid $124 million, or $315,521/unit, for the 393-unit Toscana Apartments in Lacey, Wash. The Seattle investment manager acquired the property earlier this month from its developer, Brogan Cos. At the time, the sales price ...
Commercial Real Estate Direct Staff Report Security Properties has acquired the 393-unit Toscana Apartments in Lacey, Wash., from its developer, Brogan Cos. The sales price could not be learned immediately. The property, at 6979 Birdseye Ave. NE, was built in ...
Puget Sound Business Journal LaSalle Investment Management, a subsidiary of JLL, has paid $23.8 million, or $165.28/sf, for the 144,000-square-foot industrial property at 3130 Hogum Bay Road NE in Lacey, Wash., about 54 miles south of Seattle. The Chicago company ...
TruAmerica Multifamily paid $54 million, or $346,153/unit, for the 156-unit Dakota Apartments in Lacey, Wash. The transaction previously was reported, but the purchase price then wasn't known. The Los Angeles investment firm acquired the property from America Capital Group of ...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
