Pacific Northwest Area News

Bixby, AXA Teaming Up to Acquire $400 Million in Western US Logistics Properties

Bixby Land Co., which is partnering with AXA, recently acquired a nearly 150,000-square-foot logistics facility in Phoenix's West 10 Business Center. Newport Beach, CA-based Bixby Land Co. has teamed with the real assets division of Paris-based AXA Investment Managers to target up to $400 million in acquisitions in the blazing hot industrial real estate sector. Through the joint venture, the companies will target mid-size, leased properties in...
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Posted: February 21, 2018, 4:09 am

SECO Secures $265M Construction Loan for Southport Office Campus

SECO Development, Inc., a developer that specializes in infill and high-end mixed-use projects, secured a $265 million construction loan for the development of the 727,634-square-foot Southport Office Campus at 1101 Lake Washington Blvd. N. in Renton, WA. Dave Karson, Steve Kohn, Gideon Gil, John Alascio, Chris Moyer and Alex Lapidus of Cushman & Wakefield’s Equity, Debt and Structured Finance team arranged the financing on behalf of the borrower...
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Posted: February 13, 2018, 10:24 am