The property is fully leased to Amazon.com Inc. through November 2031 and could be extended for three additional five-year terms. Amazon pays $43.90/sf in annual rent that's subject to 3 percent increases each year.
Commercial Real Estate Direct Staff Report Lakevision Capital has paid $285.9 million, or $430,572/unit, for the 664-unit Parkside Esterra Park apartment property in Redmond, Wash. The San Jose, Calif., apartment investor purchased the property from Willow Bridge Property Co. of ...
Commercial Real Estate Direct Staff Report Kennedy Wilson Inc. has paid $135 million, or $337,500/unit, for the 400-unit Onyx apartment property in Redmond, Wash. The Beverly Hills, Calif., investment manager purchased the property, at 4850 156th Ave., from LeFrak of ...
Commercial Real Estate Direct Staff Report Ares Management Corp. has paid $123.2 million, or $410,667/unit, for Everlight, a 300-unit apartment property in Redmond, Wash. The New York investment manager bought the property from AEW Capital Management of Boston. The deal ...
Commercial Real Estate Direct Staff Report Preylock Real Estate Holdings has paid $58 million, or $520.80/sf, for the Richmond Town Center, a 111,368-square-foot office property in Redmond, Wash. The Los Angeles investment manager purchased the property, at 7400 166th Ave. ...
PGIM Real Estate has provided $30 million of financing against the 148-unit Allez Apartments in Redmond, Wash., about 15 miles northeast of Seattle. JLL Capital Markets arranged the loan, which has a 10-year term and pays a fixed rate. The ...
Commercial Real Estate Direct Staff Report PGIM Real Estate has provided $43.5 million of financing against the 180-unit Carter on the Park apartment property in Redmond, Wash., about 17 miles east of Seattle. JLL Capital Markets arranged the loan on ...
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