Author: rpatel@orioncp.com

Tom Grossi Joins ORION Commercial Partners as Partner, Director of Property Management

Tom Grossi Joins ORION Commercial Partners as Partner, Director of Property Management

Tom Grossi is Partner, Director of Property Management with ORION Commercial Partners where he is responsible for all asset and property management assignments for ORION clients.  His experience with nationally ranked property management companies has allowed him to understand the importance of managing commercial property investments throughout the entire ownership life cycle (beginning with at…

ORION Sells Ridgewood Center

ORION Sells Ridgewood Center

ORION Commercial Partners is pleased to announce the sale of Ridgewood Center in Federal Way, WA to Calista Corporation for $3.6 million. At the time of sale, Ridgewood was 88% leased to national- and regional-credit tenants. The building is 31,757 SF not including covered parking structure, built in 1989, and extensively remodeled in 2009. Please…

Key Bank Building Sells for $36M

Key Bank Building Sells for $36M

Journal Staff, DAILY JOURNAL OF COMMERCE BELLEVUE — An entity called Fana Key LLC bought the nine-story, 96,571-square-foot Key Bank Building in Bellevue from Legacy Partners for a little over $36 million last week, according to property records. The property at 10655 N.E. Fourth Street was built in 1972. Foster City, Calif.-based Legacy bought it…

Big West Seattle Retail/Apartment Development Planned

Big West Seattle Retail/Apartment Development Planned

Eric Pryne, THE SEATTLE TIMES The old Huling Brothers auto showrooms and lots on busy Fauntleroy Way Southwest at the entrance to West Seattle have sat mostly vacant since the dealerships closed five years ago. Now the properties are finally showing signs of life. Two high-powered national developers have unveiled plans for a six-story building with more…