State: Washington - WA

Puget Sound Business Journal Abacus Capital Group has paid $144 million, or about $431,138/unit, for the 334-unit Ridgedale Apartments in Bellevue, Wash. The New York investor purchased the property from the Ezralow Co. of Los Angeles, which had paid $56 ...

Commercial Real Estate Direct Staff Report Kitsap Mall in Silverdale, Wash., has been appraised at a mere $34.5 million - less than half the amount owed against it. The shopping mall's $74.56 million loan, securitized through WFRBS Commercial Mortgage Trust, ...

Commercial Real Estate Direct Staff Report A group of lenders led by Bank of America has provided $145.75 million of financing to fund Jamestown's $251.25 million, or $722.24/sf, purchase of Home Plate Center in Seattle. The Atlanta investment and management ...

A venture of Wright Runstad & Co. and JPMorgan has welcomed its first tenants to The Residences at Rainier Square, a 189-unit apartment property in downtown Seattle. The apartment units sit on floors 39 through 58 of the Rainier Square ...

The Registry Greystar has paid $98 million, or about $441,441/unit, for Spencer 68, a 222-unit apartment property in Kenmore, Wash. The Charleston, S.C., company purchased the property from Main Street Property Group of Kirkland, Wash. The five-story property, at 6711 ...

Commercial Property Executive Rockwood Capital has paid $84 million, or $565.65/unit, for Lincoln Plaza, a 148,501-square-foot office property in Bellevue, Wash. The San Francisco investor purchased the property from Principal Real Estate Investors of Des Moines, Iowa. The property was ...

Clarion Partners has paid $60 million, or $259,740/unit, for the 231-unit Citizen and Oake apartment property in Lakewood, Wash., some 10 miles south of Tacoma, Wash. The investment manager bought the garden-style property, at 5406 82nd St. SW, from Thayer ...

Clarion Partners has acquired a 70 percent stake in Alexandria Center, a 290,111-square-foot life-sciences property in downtown Seattle, in a deal that values the property at $364 million, or about $1,254/sf. The New York investment manager purchased the stake from ...

Kilroy Realty Corp. has paid $490 million, or $909.09/sf, for West 8th, a 539,000-square-foot office property in downtown Seattle. The Los Angeles REIT purchased the property from an affiliate of DWS Group, which had acquired it in 2016 for $370 million. ...