City: Seattle

Puget Sound Business Journal Premier Storage Investors has paid $51 million, or $51,000/unit, for West Coast Self-Storage, a 1,000-unit property in Bellevue, Wash. The Memphis, Tenn., company acquired the self-storage facility from its developer, Commune Capital of Westlake Village, Calif. ...

Commercial Real Estate Direct Staff Report The $132 million CMBS loan against the 537,046-square-foot Millennium Corporate Park in suburban Seattle has had its maturity extended by three years through January 2029. But to win the modification, the collateral property's owner, ...

Prime Finance has provided $24 million of mortgage financing against the 167-room Cedarbrook Lodge in Seattle. The floating-rate loan, with a term of up to five years, was arranged by Sonnenblick-Eichner Co. on behalf of the property's owner, Wright Hotels ...

Puget Sound Business Journal Northwestern Mutual has provided $53 million of financing against the 167-unit apartment property at 110 Roy St. in Seattle. The five-year loan was arranged by Cushman & Wakefield on behalf of the property's owner and developer, ...

Commercial Real Estate Direct Staff Report Northeast Building LLC has paid $76.5 million, or $287.08/sf, for Gateway North, a 266,476-square-foot industrial property in Tukwila, Wash., a southern suburb of Seattle. The Kirkland, Wash., developer, a unit of Matthew G. Norton ...

Commercial Property Executive Steele Development will break ground this year on Hub at Willows, a 138,724-square-foot industrial building in Redmond, Wash. The Seattle developer will build the property at 9900 Willows Road NE, about 16 miles northeast of Seattle. Hub ...

Commercial Real Estate Direct Staff Report High Street Residential has sold the 139-unit Corner 63 Apartments in Seattle for $59.1 million, or $425,179/unit. The buyer was a group of Washington state investors operating as Corner 63 Owner and EPC Green ...

Multi-Housing News Mill Creek Residential has broken ground on Modera Woodmont Beach, a 290-unit apartment property in Des Moines, Wash. The Boca Raton, Fla., developer is building the property at 26915 Pacific Highway South, about 20 miles south of Seattle. ...

Puget Sound Business Journal Bell Partners has paid $78.32 million, or $489,500/unit, for the Milehouse, a 160-unit apartment complex in the Seattle suburb of Redmond, Wash. The Greensboro, N.C., multifamily investor acquired the property from UDR Inc., which bought it ...

Commercial Real Estate Direct Staff Report An affiliate of Red Tail Acquisitions has paid $25 million, or $217,391/unit, for the 115-unit Exeter apartment property in Seattle. The Irvine, Calif., investor acquired the property from Gibraltar LLC of Seattle, which bought ...