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Puget Sound Business Journal BKM Capital Partners has paid $85.7 million, or $207.81/sf, for five industrial properties with 413,840 square feet in the Seattle suburbs of Kent and Tukwila, Wash. The Newport Beach, Calif., investment manager acquired the properties from ...
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. The 140,000-square-foot property opened ...
Multi-Housing News Kite Partners has paid $24.1 million, or $277,011/unit, for the Q, an 87-unit apartment property in Seattle. The local investment firm acquired the property from ACME Realty, which bought it in 2016 for $26.6 million. CBRE represented ACME ...
Commercial Property Executive MCA Realty has paid $20.6 million, or $148.96/sf, for a three-building industrial property totaling 138,296 square feet in Kent, Wash., a city that's 14 miles south of Seattle. The Santa Ana, Calif., investment firm acquired the property, ...
Mesa West Capital has provided $82.5 million of mortgage financing against the 352-unit Olin Fields apartment property in the Seattle suburb of Everett, Wash. The loan, with a term of up to five years, allowed the property's owner, a venture ...
The Seattle Social Housing Developer has paid $60.9 million, or $406,000/unit, for the 150-unit Elara at the Market apartment property. The city agency was formed three years ago to own and operate certain housing properties in Seattle. It is funded ...
A venture between BKM Capital Partners and Kayne Anderson Real Estate has paid $1.81 billion, or $214/sf, for a portfolio of 51 industrial properties with 8.45 million square feet. Link Logistics, the industrial investment arm of Blackstone, was the seller. ...
Commercial Real Estate Direct Staff Report Green Light Housing has paid $35.45 million, or $221,562/unit, for the 160-unit Carriage House Apartments in Vancouver, Wash. The Portland, Ore., investment firm acquired the property, at 4714 Northeast 72nd Ave., from Jackson Square ...
Bridge Housing has paid $25.35 million, or $234,722/unit, for Latitude, a 108-unit apartment property in the Seattle suburb of Everett, Wash. The San Francisco affordable-housing specialist acquired the property, at 12907 East Gibson Road, from Jackson Square Properties of San ...
Northmarq has provided $60.83 million of Fannie Mae financing against the 216-unit Spruce apartment property in Seattle. The five-year loan pays a fixed-rate coupon and amortizes on a 35-year schedule. It allows the owner of the property, Madison Development Group ...
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