State: Washington - WA
Drugstore.com Backs Out of Office Lease in Puget Sound
May 2, 2001 Special to Commercial Real Estate DirectConfirming a months-long rumor, drugstore.com has publicly said it has cancelled its lease for 140,000 square feet at the proposed Lincoln Square, a mixed-use project in downtown Bellevue, Wash.The lease cancellation raises ...
Design Market Center
The specialty shopping center is focused on the home decorating and furnishings markets.
Investor Group Buys Suburban Seattle Office Complex
April 24, 2001 By Brad Berton, Commercial Real Estate Direct Contributing WriterAn investment group led by Stan Rosen has acquired the Kent Business Campus in suburban Seattle for about $8 million, or just under $76/sf.Rosen, a local investor, bought the ...
Boeing Realty Offers Lots in Pacific Gateway Business Park
April 24, 2001 KENT, Wash. - Boeing Realty Corp., a subsidiary of The Boeing Company (NYSE:BA), has completed the roads and infrastructure for Phase I of the 240-acre Pacific Gateway Business Park.The lots have been placed up for sale.The property ...
BRE Completes Construction on $41Mln Bellevue, Wash., Apartments
April 23, 2001 Commercial Real Estate Direct Staff ReportBELLEVUE, Wash. – BRE Properties (NYSE:BRE) completed development on a $41 million, 248-unit apartment community during the first quarter.The Pinnacle BellCentre, at 308-108 Avenue NE, is 44 percent occupied.The company also completed ...
AvalonBay Buys 3 Multifamily Communities in Seattle for $129.3Mln
April 12, 2001 SEATTLE – AvalonBay Communities has purchased 995 apartment units in three communities for $129.3 million during the first quarter.The properties are: the 333-unit Avalon Wynhaven; the 424-unit Avalon Brandemoor; and the 238-unit Avalon Wildwood.The company also sold ...
Center Trust Sells 2 Shopping Centers
March 27, 2001 MANHATTAN BEACH, Calif. – Center Trust Inc. (NYSE:CTA) has sold two shopping centers, one in California and one in Washington, for $29.1 million.The company sold the 169,000-sf Madera Marketplace in Madera, Calif., and the Westgate North, a ...
Venture Involving AEW, Soros Pays $44 Mln for Pacific Northwest Resort
A venture involving Dolce International, AEW and Soros Real Estate Investors has purchased the Skamania Lodge along the Columbia River in Washington. The purchase price is believed to be $44 million.
Burnham Pacific Sells 2 Centers to Pru Venture for $19 Mln
February 26, 2001 SAN DIEGO – Burnham Pacific Properties Inc. (NYSE:BPP) has completed the $19 million sale of two shopping centers to Retail Value Investment Program, a venture of Developers Diversified Realty (NYSE:DDR), Coventry Real Estate Partners and Prudential Real ...
A&B Sells Bainbridge Island, Wash., Properties for $15.6 Mln
February 6, 2001 BAINBRIDGE ISLAND, Wash. - Alexander & Baldwin Inc. (NYSE:ALEX) and its subsidiary, A&B Properties Inc., have sold three real estate assets on the island for $15.6 million to Joshua Green Corp.Included in the sale were the 97,000-square-foot ...
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