Seattle

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…

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…

Portland Investor Buys Historic Rainier Brewery in Seattle’s Georgetown Neighborhood
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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 in Georgetown, a revitalized industrial neighborhood in Seattle, bolstering its Pacific Northwest footprint. ScanlanKemperBard, along with joint-venture partner ReCap Real Estate Investment, acquired the historic brewery from locally based Sabey…

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…