Sabey to invest $40Mln to redevelop Providence Hospital (1910 Building) and Jefferson Tower and build a biomedical facility on the site.
June 6, 2002 FEDERAL WAY, Wash. – United Dominion Realty Trust (NYSE:UDR) has purchased a 518-unit apartment property in this Seattle suburb for $36.1 million.As part of the transaction, the REIT is assuming $8.7 million of debt, which carries an ...
June 3, 2002 Commercial Real Estate Direct Staff ReportLend Lease Real Estate Investments said the sharp slowdown in the Seattle office market has prompted it to put its Lincoln Square mixed-use project under review.Because of a sharp increase in vacancies ...
May 1, 2002 Macquarie Bank Group of Sydney, Australia, will officially launch its commercial real estate finance business in the United States tomorrow, opening up an office in Seattle.Macquarie Real Estate Finance has already closed some $110 million of loans ...
March 11, 2002 KENT, Wash. – Lend Lease Real Estate Investments Inc. has acquired the Valley Industrial Park from TrizecHahn Corp. (NYSE:TZH).Lend Lease did not disclose how much its Value Enhancement Fund V paid for the 961,000-square-foot industrial property, but ...
January 30, 2002 Commercial Real Estate Direct Staff ReportRreef Funds has bought a 420-unit apartment complex in Mukilteo, Wash., outside Seattle.While terms of the sale, which closed last month, could not be learned, the property had a market value of ...
January 25, 2002 By Susanna Potter, Commercial Real Estate Direct Staff WriterAFL-CIO Building Investment Trust is paying $31.2 million, or about $143/sf, for three adjoining office buildings in the CenterPoint Corporate Park in Kent, Wash. The Trust is buying the ...
January 24, 2002 By Susanna Potter, Commercial Real Estate Direct Staff WriterRREEF Funds has paid just over $40 million for a 772,094-square-foot industrial park in Kent, Wash.The Kent East Corporate Park was sold by New York Life Insurance Co., which ...
December 21, 2001 Seattle tower has 26 percent vacancy rateSeattle Post IntelligencerSEATTLE – Samis Land Co. spent $27 million renovating Smith Tower to lure high-tech companies. Now, two years later, the 87-year-old building is more than a quarter vacant, largely ...
December 14, 2001 SEATTLE – Aegon USA Realty Advisors has provided roughly $12.4 million in fixed-rate, permanent financing for a 123,000-square-foot industrial facility.The 20-year mortgage replaces construction financing of about the same amount.The Samis Foundation owns the building at 651 ...
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