INDUSTRY NEWS
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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…
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…
Auburn industrial building sells for $10.5M
Daily Journal of Commerce | By JOURNAL STAFF AUBURN — An industrial building at 4620 B St. N.W. in Auburn sold out of receivership for…
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…
Property near new Expedia campus sells for $8.5M
Seattle Daily Journal of Commerce | By Brian Miller An industrial property at 1111 Elliott Ave. W. has sold for $8.5 million, according to King…
Branom Instrument property is sold
Seattle Daily Journal of Commerce | By Journal Staff SEATTLE — An industrial/office building at 5500 Fourth Ave. S. has sold for $4.5 million, according…
Commercial site sells for $3.7M
Seattle Daily Journal of Commerce | By Journal Staff FEDERAL WAY — A new commercial building at 164 S.W. Campus Drive has sold for just…
Seattle Curtain site sells for $13M; 279 apartments planned
Daily Journal of Commerce | Brian Miller A development site where 279 apartments are planned, at 104 12th Ave., has sold in two deals worth…
Portland Investor Buys Historic Rainier Brewery in Seattle’s Georgetown Neighborhood
CoStar | Carlos Linkins ScanlanKemperBard Partners With ReCap Real Estate Investment to Acquire Mixed-Use Campus A Portland, Oregon-based investment firm purchased the Original Rainier Brewery…
ORION Commercial Partners Retains Leasing of Blackriver Corporate Park Through $28.8M Sale
Earlier this month, Blackriver Corporate Park in Renton, WA sold for $28.8M to Laird Norton Properties. ORION Commercial Properties played an integral role, leasing 98.9%…
ORION Team Ski Day Was Lit
The ORION Commercial Partners’ broker team enjoyed hitting the slopes on January 27th, 2017 for the 1st annual “Snow Troopers” team building event. The peaks…
Seattle-Based Talon Private Capital Acquires Office Campus in Tukwila For $22.2MM
THE REGISTRY, Kristin Bentley A three-story office campus was acquired in Tukwila last Friday, by Seattle-based real estate investment firm Talon Private Capital, for $22.2…
ORION Commercial Partners represent both Seller and Buyer in a $12,089,000 acquisition
ORION Commercial Partners, Raakhi Patel JJW Group LLC, an international professional service organization, acquired The Franciscan Medical Pavilion at 205 10th St. NE, Auburn, 98002,…
Hawaiian Investors Pay $9.9M for Kimball Creek Village
CoStar Group, Phillip Weisburd Local Owners Sell Snoqualmie Office, Retail Center Kimball Creek Village LLC, a HI-based investor, acquired the Kimball Creek Village shopping center…
We’ve Moved to Seattle Tower!
We are thrilled to have expanded into the 22nd floor of Seattle Tower. This vintage Art Deco building has undergone a recent major update and…
ORION Sells Belgate Development Site
ORION Commercial Partners is pleased to announce the sale of Belgate, a land development parcel in the heart of Downtown Bellevue. The buyer, Province, plans…
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…
ORION Sells Brooks Rand Property
ORION Commercial Partners is pleased to announce the sale of a 1-acre site located on the Burke Gilman Trail in Fremont for $196/SF of building…
ORION Sells Grant County Mall
ORION Commercial Partners is pleased to announce the sale of the Safeway-anchored Grant County Mall in Moses Lake, WA for $8,315,000, or $75/SF. Scott Clements…
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…
Maple Valley Retail is Sold for $13M
DAILY JOURNAL OF COMMERCE, Journal Staff MAPLE VALLEY — A California-based group has purchased portions of a shopping center for $13 million. The Wilderness Village…
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…
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…
Bartell HQ Moves to West Seattle
Amy Martinez, THE SEATTLE TIMES Bartell Drugs said Thursday it will move its headquarters to West Seattle after 23 years in the Georgetown area south…
Kent Valley Industrial Portfolio Sells for $37.6 Million
Justin Sumner, COSTAR PS Business Parks, Inc. (NYSE: PSB) has acquired 212th Business Park, a 958,000-square-foot, eight-building industrial park for $37.6 million, or about $41 per…