Tuesday, October 30, 2012

Seattle Retail Portfolio Trades for $175M

National Commercial Real Estate News From CoStar Group

Seattle Retail Portfolio Trades for $175M

Briar Development, the real estate holding company for the Haggen family, sold a retail portfolio to San Diego-based MGP X Properties LLC, an affiliate of Merlone Geier Properties, for $175 million.

The transaction includes 15 operating sites leased to regional grocery chains Haggen Foods and Top Foods. 14 of those are located in the Puget Sound area, with one additional site in Oregon. Also included were five undeveloped sites slated for future...

In The Pipeline: CoStar Development & Construction News for Oct. 21 - 27

In The Pipeline is a column on significant acquisitions of commercial land for sale, and other transactions and trends affecting office, industrial, flex, multifamily, mixed-use, hotel and public works developers. Send us news leads about your new commercial real estate project -- and sign up to be added to our distribution list to receive future In the Pipeline columns by e-mail.
San Francisco's Transbay Tower Cleared For Construction

The Transbay...

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