Author: rpatel@orioncp.com

Lake City Mini-Storage Sells for Over $18M
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Lake City Mini-Storage Sells for Over $18M

Lake City Mini-Storage in Seattle, Washington has been sold for $18.5 million. Developed in the late 1980s, the two-and three-story, reinforced concrete building is approximately 72,052 SF, plus a 32,002 SF lot. Brokers Scott Clements and David Butler of ORION Commercial Partners represented both the buyer and seller in this transaction. The sellers were four…

Seattle company buys Boeing’s Longacres property in Renton

Seattle company buys Boeing’s Longacres property in Renton

Puget Sound Business Journal | By Marc Stiles Seattle-based Unico Properties is the new owner of The Boeing Co.’s approximately 150-acre Longacres campus, which is home to the headquarters building of the Commercial Airplanes division, Unico said Friday. “Unico is thrilled to own an important piece of Puget Sound history and we are excited to…

More Institutional Investors Are Buying into the Sector, CoStar Analysis Shows
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More Institutional Investors Are Buying into the Sector, CoStar Analysis Shows

CoStar Group | Richard Lawson Real estate investors are taking more interest in medical office buildings as higher prices and risks in other property types have squeezed annual returns, according to a CoStar analysis. The report, titled “Investing in Medical Office: Just What the Doctor Ordered,” shows the cities with the fastest-growing population of seniors…