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Category Archives: Real Estate

HFF Announces Sale of Willow Creek Corporate Center

HFF Announces Sale of Willow Creek Corporate Center

HFF announces the sale of Willow Creek Corporate Center, a seven-building, Class A office park in the thriving tech submarket of Redmond, Washington.

HFFHFF Announces Sale of Willow Creek Corporate Center

The HFF team represented the seller, and procured the buyer, Preylock Real Estate Holdings.

Willow Creek Corporate Center comprises 421,785 square feet spread across seven fully leased buildings. The campus is located in the supply constrained North Redmond submarket of Seattle, just minutes from Microsoft’s world headquarters.

The HFF investment advisory team representing the seller included Michael Leggett, Dave Otis Logan Greer and Kevin Freels.

About Preylock Real Estate Holdings

Preylock Real Estate Holdings are owners, operators and developers of commercial and residential real estate primarily located on the West Coast. They utilize a relative value approach to real estate investing, identifying unique investment opportunities in highly targeted, supply constrained markets. Generally, they seek to acquire assets that trade at a discount to replacement cost and/or comparable assets in neighboring sub-markets. The company is currently focused on the acquisition of value-add and core plus office buildings in major West Coast sub-markets. Preylock’s sponsors have a combined 26 years of commercial real estate investment experience, including experience with institutional real estate investment partners. To date, Preylock has acquired assets totaling approximately two million square feet, investing approximately $700 million. About HFF

HFF and its affiliates operate out of 26 offices and are a provider of commercial real estate and capital markets services to the global commercial real estate industry. HFF, together with its affiliates, offers clients a fully integrated capital markets platform, including debt placement, investment advisory, equity placement, funds marketing, M&A and corporate advisory, loan sales and loan servicing. HFF, HFF Real Estate Limited, HFF Securities L.P. and HFF Securities Limited are owned by HFF, Inc. (NYSE: HF). For more information, please visit hfflp.com or follow HFF on Twitter @HFF.

Guild Mortgage Promotes Bellevue’s Gemma Currier to Vice President; Will Lead National Retail Sales Operations

Currier will oversee Guild’s sales technology, sales training and development, retail administration and project management functions San Diego-based Guild Mortgage, one of the fastest-growing independent mortgage lending companies in the country, has promoted Gemma Currier to vice president of national retail sales operations to oversee the company’s sales technology, sales training and development, retail administration… Continue Reading

Berkshire Hathaway HomeServices Northwest Real Estate Earns Green Genius Top Listing Award

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Brazen Sotheby’s International Realty Inducted into Luxury Real Estate Board of Regents

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M-M Properties Purchases Sunset North Office Campus in Bellevue for $155.3 Million

CBRE Group, Inc. recently announced it represented a fund managed by Beacon Capital Partners in the $155.3 million sale of Sunset North, a three-building, 464,000-sq.-ft. office campus in Bellevue. The complex was purchased by M-M Properties and a large institutional investor. Sunset North is currently 99 percent leased and anchored by The Boeing Company. Tom… Continue Reading

5th Annual Seattle Modern Home Tour Showcases Eight Residential Works of Architectural Art

The 2016 Seattle Modern Home Tour will take place Saturday, April 30th, offering tour-goers the chance to walk-through and explore eight modern homes throughout the Emerald City, and meet the local architects behind the designs. Seattle Architecture Foundation is local non-profit partner. The Seattle Modern Home Tour returns on the last Saturday in April, giving… Continue Reading

Suncadia Continues to See Increased Home Sales Year After Year

Suncadia, Washington state’s four season mountain resort community located 80 miles east of Seattle, ended 2015 with more than $55 million in closed real estate sales. “Suncadia saw more than 40% of all 2015 sales result from a referral of a friend, family member or business associate by current owners. It is a strong testament… Continue Reading

Seattle-based RE/MAX On the Lake Announces Acquisition of RE/MAX Northwest REALTORS

RE/MAX On the Lake, a locally owned real estate brokerage, is expanding further into the Seattle metropolitan area with the acquisition of RE/MAX Northwest REALTORS. The owners of RE/MAX On the Lake have signed an agreement to purchase the RE/MAX Northwest REALTORS brokerage; the parties expect the transaction to close in early 2016. Following the… Continue Reading