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Vulcan's trophy office product set an all-time record price per square foot for Seattle, which happens frequently in healthy coastal markets that possess strong rent growth fundamentals.
The city's first JW Marriott, a 283-key hotel, will be located in downtown at 2000 Ross Ave. upon opening in February 2022, according to developer Sam Moon Group.
Woodforest National Bank created the Woodforest CEI-Boulos Opportunity Fund, a $20 million private real estate investment, targeting projects in the recently designated Opportunity Zones across its footprint.
The trustees of the Masonic Hall & Asylum Fund have acquired The College of New Rochelle, a 15.6-acre college campus in New Rochelle, N.Y. for $32 million.
Four Corners Property Trust has signed a definitive agreement for the purchase of 14 outparcel properties from PREIT for $29.9 million, priced at a 6.5% going-in cash cap rate, exclusive of transaction costs.