JLL Arranges $33.9M Sale of Kurv Industrial's Bridge Point Tacoma 210 Distribution Center
•JLL
Pacific Northwest CRE News
Commercial Real Estate News
Breakthrough Properties Pays $78M for Everett Biomanufacturing Facility in Dermody Deal
•Breakthrough Properties
Almanac Realty Investors Commits $250 Million to AmCap Ventures in Inaugural Horizon Fund Deployment with Australian Retirement Trust
•Neuberger Berman
JLL Arranges $42M Fannie Mae Refinancing for SB Real Estate Partners at Vancouver Multifamily Community
•JLL
JLL Secures $40.5M Refinancing for ColRich's The Payton in Portland's Lloyd District Through Prime Finance
•JLL
BRIDGE Housing Promotes Hallock Svensk to General Counsel
•BRIDGE Housing
TPG AG Acquires $628M Industrial Portfolio Across Seven States With Redfearn Capital, Atlanta Property Group and Matterhorn Venture Partners
•TPG Real Estate Partners
Property TransactionsMultifamilyRetail
Virtú Investments Acquires Collins on Pine in Seattle's Capitol Hill, Taps North Coast for Value-Add Renovation
Virtú Investments has acquired Collins on Pine, a 76-unit mixed-use apartment community in Seattle's Capitol Hill neighborhood, in an off-market transaction. The firm's in-house operations team, North Coast, will oversee planned unit and amenity renovations across the 2013-vintage property.
•Virtu Investments
Financing
Strathcona Capital and Belay Investment Group Close $32.7 Million Construction Loan for 105-Unit Seattle Multifamily Project
Strathcona Capital and Belay Investment Group have closed a $32.7 million senior construction loan for 1 Fremont, a 105-unit mixed-use multifamily project in Seattle's Fremont Village neighborhood. The deal also marks the launch of a programmatic joint venture between the two firms targeting construction and bridge financing opportunities across the United States.
•MultifamilyMixed UseRetail
Property TransactionsMultifamily
Nordic Partners Investments Acquires 107-Unit Seattle Apartment Building for $14.4 Million
Bellevue-based Nordic Partners Investments has acquired a 107-unit apartment building in Seattle's First Hill neighborhood for $14.4 million, marking the five-year-old firm's largest transaction to date. The property at 415 Boren Avenue traded at approximately $134,579 per unit, roughly 55% below the average per-unit price for comparable Seattle multifamily assets.
•Kidder Mathews
Property TransactionsStudent Housing
Gatsby 5 LLC Sells Seattle U District Student Housing for Over $5.7M After Redevelopment
Gatsby 5 LLC has sold a student housing property in Seattle's University District for more than $5.7 million, according to King County records. The seller acquired the site in 2023 for $1.6 million and demolished the existing structure to rebuild before exiting the investment.
•Kidder Mathews
More News
Property TransactionsWarehouse & Distribution
CBRE Investment Management Acquires Peppermill Logistics Center in Baltimore-Washington Corridor
CBRE Investment Management has acquired Peppermill Logistics Center, a newly built, 107,000-square-foot Class A logistics facility in the Baltimore-Washington Corridor. The property, completed in mid-2024, is fully leased and located less than one mile from Baltimore/Washington International Thurgood Marshall Airport.
•CBRE Investment Management
Property TransactionsIndustrial
TPG, Redfearn Capital and Partners Pay $628M for 53-Building Industrial Portfolio Across Seven States
A joint venture led by TPG and including Redfearn Capital, Atlanta Property Group and Matterhorn Venture Partners has acquired a 53-building, 5.4 million-square-foot industrial portfolio from DRA Advisors for $628 million. The deal, the largest to date between TPG and Redfearn Capital, spans seven states with roughly 75 percent of assets concentrated in Southeast markets.
•Redfearn Capital
DevelopmentMultifamily
American Capital Group Adds 321-Unit Multifamily Project to Bothell Pipeline
Bellevue-based American Capital Group is expanding its Eastside apartment pipeline with a 321-unit multifamily development in Bothell, Washington. The firm cited the region's job market as a key driver behind the continued development push.
•Kidder Mathews
Property TransactionsMultifamily
BGO Pays $353 Million for Seattle's Ayer Tower, Surpassing $500 Million in Weekly Apartment Acquisitions
BentallGreenOak has acquired the 46-story Ayer apartment tower in Seattle's Denny Triangle for $353 million, pushing the firm's Seattle multifamily spending past $500 million in a single week. The purchase follows BGO's $152 million acquisition of the 238-unit Ballard Independent one day earlier.
•Kidder Mathews
Property TransactionsOffice
BH Properties Acquires 297,591-SF Tollway North Office Park in Plano from KBS, Expanding Legacy Campus to 675,000 SF
BH Properties has acquired the 297,591-square-foot Tollway North Office Park in Plano, Texas from KBS, with Newmark representing the seller. The deal expands BH's footprint in Plano's Legacy corridor to more than 675,000 square feet across 14 buildings.
•BH Properties
Property TransactionsMultifamily
Nordic Partners Investments Acquires 107-Unit Monticello Apartments in Seattle's First Hill
Nordic Partners Investments has acquired Monticello, a 107-unit apartment community located at 415 Boren Ave. in Seattle's First Hill neighborhood. The acquisition targets one of Seattle's most supply-constrained urban submarkets, where proximity to major medical employers and the central business district supports durable multifamily demand.
•Kidder Mathews
Property TransactionsIndustrialWarehouse & Distribution
Sagard Real Estate Acquires $91 Million Class A Distribution Facility Near Port of Baltimore
Sagard Real Estate has acquired a fully leased, 621,144-square-foot Class A distribution facility in Rosedale, Maryland for $91 million, deepening the firm's footprint in Baltimore's port-proximate industrial corridor. The cross-dock asset at 7001 Quad Avenue sits approximately five miles from the Port of Baltimore's Seagirt and Dundalk marine terminals.
•Sagard Real Estate
Property TransactionsSelf Storage
Colliers Brokers $18.4 Million Sale of Sunset Self Storage in Puyallup to BVDSS Puyallup Owner LLC
Colliers has arranged the $18.4 million sale of Sunset Self Storage, a newly constructed Class A self-storage facility in Puyallup, Washington. The transaction involved seller Mitchell RE Holdings LLC and buyer BVDSS Puyallup Owner LLC, with Colliers representing both parties.
•Colliers
Property TransactionsMultifamily
Langara Apartments Sells for $55.1 Million in Issaquah Multifamily Real Estate Acquisition
A 134-unit multifamily property in Issaquah, Washington changed hands for $55.1 million, with the per-unit price of $411,194 coming in well above the Puget Sound regional average. The Langara Apartments acquisition, reported by Kidder Mathews, reflects a broader resurgence in investor appetite for larger multifamily deals across the Seattle Eastside.
•Kidder Mathews