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. ...
Northwest Building LLC has paid $76.5 million, or $283.33/sf, for Gateway North, a 270,000-square-foot industrial and data center property in Tukwila, Wash., a southern suburb of Seattle. The Kirkland, Wash., investment firm acquired the property from an affiliate of RREEF ...
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 ...
Bisnow BXP Inc. has sold its 50% stake in the 734,000-square-foot office property at 7750 Wisconsin Ave. in Bethesda, Md., to its partner, Bernstein Cos. of Washington, D.C., in a deal that values the four-year-old building at $430 million. BXP, ...
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 ...
A group of Bellevue, Wash., investors has paid $23 million, or $659.54/sf, for Studio 7500, a 34,873-square-foot office property in Redmond, Wash. The group acquired the property, at 7500 166th Ave. NE, from Nicola Wealth Real Estate, which bought it ...
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