Regions West | Seattle/Portland
Bellevue Square Shopping Center Undergoing $40M Renovation
May 06, 2008
Kemper Development Co. is giving the Bellevue Square regional shopping center a long overdue makeover, according to the Seattle Post-Intelligencer.
Microsoft to Pre-Lease 571,800SF Office Building in Bellevue
May 05, 2008
Software giant Microsoft has committed to leasing City Center Plaza, a 571,800-square-foot office building currently being developed in Bellevue by Wright Runstad & Co. and Beacon Capital Partners, the Seattle Times reports.
OliverMcMillan to Turn Former Everett Landfill into Mixed-Use Development
May 02, 2008
OliverMcMillan, a privately held San Diego–based developer, has purchased a mostly vacant 140-acre site from the City of Everett, Wash., for redevelopment as a mixed-use project. The price for the land alone was $8 million, according to a spokesperson for the city. Pre-development costs are estimated at $50 million, and an additional $400 million in development costs is projected.
Opus Northwest Begins Construction on Park Apartments in Portland
May 02, 2008
Opus Northwest has broken ground on Park, a mixed-use, 101-unit apartment building in historic Alphabet District of Portland, Ore.
Wrightwood Loans $28M for Seattle Office Buy
April 30, 2008
Wrightwood Capital has provided $28 million to finance the acquisition of an office building in Seattle by The Mayfield Cos.
Carlisle Completes Acquisition of Carlyle Inc. of Tukwila, Washington
April 29, 2008
Carlisle Companies Inc. has completed the acquisition of Carlyle Inc. of Tukwila, Wash.
BordersTarget Seattle-Portland Area for New Concept Store
April 29, 2008
Borders Inc. has announced it will debut a new concept store in Tukwila, Wash., in the Seattle area, in July.
Clise Holds Off Selling Prime Downtown Seattle Site, Cites Credit Crunch
April 25, 2008
Clise Properties has pulled 13 acres of prime Downtown Seattle land off the market despite significant investor interest because of the global credit crisis. The portfolio was assembled by the Clise family for the past 100 years and expected to be developed into a massive $7 billion project that would have changed the skyline of the city.
Riverstone Acquires Seattle Property Management Firm
April 18, 2008
Third party property management firm Riverstone Residential Group has acquired Seattle based HSC Real Estate Inc. With this acquisition, Riverstone looks to increase its viability in the Northwest, as HSC is a property management firm currently operating approximately 34,000 units in the region.
B2 Announces Seattle  Entertainment Venue Plans
April 01, 2008
Plans to build a 100 percent privately financed entertainment facility designed to host professional basketball and hockey in downtown Seattle were announced today by B2 Inc., called The Emerald City Center.
Seattle Apartment Property Marks 15th Purchase for $1.3B Fund
March 26, 2008
The Laramar Group has just acquired Vintage Park, a 543-unit apartment community in the burgeoning suburban Seattle town of Burien, Wa. Chicago-based Laramar purchased the property through the Laramar Multi-Family Value Fund, which allows the company to buy up to $1.4 billion in multi-family assets.
Arson Takes Model Homes in Seattle, Radicals Suspected
March 03, 2008
The Earth Liberation Front, considered a domestic terror group by the FBI, has been linked to early-morning blazes that today destroyed a trio of model homes in a suburb of Seattle, according to Associated Press and other news sources.
James Street Kennedy Wilson Acquires Fourth Seattle-Area Property
Feb. 28, 2008
Kennedy Wilson Multi-family Management Group has brought its total ownership in the greater Seattle market to 1,735 units with the acquisition of the 300-unit James Street Crossing from Equity Residential for about $36 million.
JER Sells Washington M-F for $66M
Jan. 22, 2008
JER Partners, the private equity commercial real estate investment arm of the J. E. Robert Cos., has sold the Glen Park Apartments to Fairfield Residential L.L.C. of San Diego, Calif.
$185M Loan Closes for Refinancing, Expansion of Seattle-Area Hyatt
Jan. 14, 2008
Bellevue Place L.P., owner of the Hyatt Regency Bellevue, has gotten its hands on $185 million in financing for the upscale 382-room hotel. The combination permanent debt and construction loan allows for both the refinancing and expansion of the property, which sits about 10 miles outside of Seattle in Bellevue.
Amazon Plans Massive New HQ Complex in Seattle
Dec. 27, 2007
Online book and merchandise purveyor Amazon.com has unveiled plans to move its headquarters to an as-yet undeveloped complex in Seattle's South Lake Union neighborhood. The company expects to begin moving into its new office space in mid-2010, with full occupancy in 2011.
Wells REIT II Takes Northpointe Campus in Seattle
Nov. 07, 2007
Wells Real Estate Investment Trust II has bought Northpointe Corporate Campus, a new two-building Class-A office development in suburban Seattle, the fund has reported.
feinstein $100M Investment Fund Eyes Strong Seattle Market
Nov. 07, 2007
The Schuster Group, a Seattle-based real estate development and investment firm, has launched a $100 million private real estate investment fund. Called Schuster Realty Partners, the fund will focus on the Seattle area.
Seattle Sheraton Sheraton Seattle Completes $130M Renovation to Boost Convention Business
Oct. 08, 2007
The Sheraton Seattle, located in the city's downtown, has completed a $130 million multi-phase expansion.
ava $200M Hotel, Residential Property to Alter Seattle Skyline
Oct. 02, 2007
A soaring new mixed-use high-rise is about to sprout up in the middle of downtown Seattle, courtesy of a new development planned by The Executive Group and the Fana Group. The partners will spend $200 million to build AVA, a 39-story luxury hotel and condominium property. 
Wilshire-Vermont Metro JV Plans $50M in West Coast Urban Infill Projects
Sept. 24, 2007
New York City-based Real Estate Capital Partners L.P. has teamed up with Los Angeles-based Urban Partners L.L.C. as part of an effort to establish a presence on the West Coast by developing mixed-use urban infill projects.
Seattle Firm Buys $41M Scottsdale Office
Sept. 10, 2007
Development Services of America Inc., a wholly owned subsidiary of Services Group of America Inc. has purchased the Financial Center at Kierland in Scottsdale, Ariz., for around $41 million to serve as its corporate headquarters.
 

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