SILVERDALE, WA—JRK Property Holdings has acquired from a joint venture of Pinnacle and AEW Capital Management, Trillium Heights, a 225-unit apartment home community in Silverdale, WA. The is JRK's second investment in the Puget Sound. Its local portfolio also includes Boulders at Puget Sound, a 714-unit community in Tacoma, the fourth largest apartment community in the region. JRK is a Los Angeles-based real estate investment firm whose holdings include 32,000 multifamily units, and luxury and flagged hotels throughout the United States. Located at 12240 Daphne Road, Trillium Heights was built in 1989 and later renovated in 2011. The community offers a mix of one-, two- and three-bedroom apartment homes in nine, three-story buildings situated on a low-density 11-acre site. Each unit features desirable open floor plans, wood burning fireplaces, private patio or balcony, and full size washer and dryer. Common area amenities include resort-style clubhouse, fitness center, community room, pool and spa, indoor basketball court and children's play area. The property was 96% occupied at closing.

KENT, WA—BKM Capital Partners, an institutional fund manager with a niche focus on value-add, multi-tenant light industrial investments, has acquired Andover Executive Park, an eleven-building multi-tenant industrial business park encompassing 181,163 square feet in the Kent submarket of Tukwila, WA. The asset was acquired in an off-market transaction for $19.8 million.

SEATTLE—Holliday Fenoglio Fowler LP has closed the $87 million sale of Pacific Place Garage, a 1,240-stall subterranean parking garage adjacent to the Nordstrom national flagship store in downtown Seattle. HFF marketed the property on behalf of the seller, the city of Seattle. Madison Marquette purchased the asset. The six-level Pacific Place Garage contains 440,185 square feet situated on 2.08 acres in downtown Seattle. The garage was completed in 1998 and features valet and self-service parking in addition to six hydraulic passenger elevators. Located at 1612 6th Avenue, the garage is below Pacific Place Shopping Center, a five-story, 335,000-square-foot retail, restaurant and entertainment destination anchored by an 11-screen AMC Theatre

Below is GlobeSt.com's bi-weekly update on the middle markets throughout the North West region. Here's a look at the latest news, announcements and deals that you may have missed from areas including: Alaska, Washington, Oregon, Idaho, and Northern California.

NEWS & NOTABLES

SEATTLE—Zillow Group Inc. recently revealed new features created for builders to help better market their communities to home shoppers on Zillow and Trulia. Builders who participate in Zillow Group's Promoted Communities program, the exclusive advertising platform for builders on Zillow and Trulia, will now have the ability to display real-time lot availability on search results and maps. In addition, they will have access to Zillow Group's brand new Builder Insights platform, which is currently in beta.

DEALTRACKER

PORTLAND—Pathfinder Partners LLC, a San Diego-based firm specializing in opportunistic real estate investments, has sold Calico Townhomes—at 531 128^th Ave. SE in Portland's Mill Park neighborhood—for $4.1 million. Calico, built in 2008 as for-sale townhomes, was acquired by Pathfinder in 2013 and has been operated as a rental community. The three-story, 18-unit property consists of 15 two-bedroom, three-and-one-half bath units and three three-bedroom, three-and-one-half bath units ranging from 2,000 to 2,450 square feet. All homes feature hardwood flooring, granite countertops, stainless steel appliances and vaulted ceilings. Several homes contain elevators.

SILVERDALE, WA—JRK Property Holdings has acquired from a joint venture of Pinnacle and AEW Capital Management, Trillium Heights, a 225-unit apartment home community in Silverdale, WA. The is JRK's second investment in the Puget Sound. Its local portfolio also includes Boulders at Puget Sound, a 714-unit community in Tacoma, the fourth largest apartment community in the region. JRK is a Los Angeles-based real estate investment firm whose holdings include 32,000 multifamily units, and luxury and flagged hotels throughout the United States. Located at 12240 Daphne Road, Trillium Heights was built in 1989 and later renovated in 2011. The community offers a mix of one-, two- and three-bedroom apartment homes in nine, three-story buildings situated on a low-density 11-acre site. Each unit features desirable open floor plans, wood burning fireplaces, private patio or balcony, and full size washer and dryer. Common area amenities include resort-style clubhouse, fitness center, community room, pool and spa, indoor basketball court and children's play area. The property was 96% occupied at closing.

KENT, WA—BKM Capital Partners, an institutional fund manager with a niche focus on value-add, multi-tenant light industrial investments, has acquired Andover Executive Park, an eleven-building multi-tenant industrial business park encompassing 181,163 square feet in the Kent submarket of Tukwila, WA. The asset was acquired in an off-market transaction for $19.8 million.

SEATTLE—Holliday Fenoglio Fowler LP has closed the $87 million sale of Pacific Place Garage, a 1,240-stall subterranean parking garage adjacent to the Nordstrom national flagship store in downtown Seattle. HFF marketed the property on behalf of the seller, the city of Seattle. Madison Marquette purchased the asset. The six-level Pacific Place Garage contains 440,185 square feet situated on 2.08 acres in downtown Seattle. The garage was completed in 1998 and features valet and self-service parking in addition to six hydraulic passenger elevators. Located at 1612 6th Avenue, the garage is below Pacific Place Shopping Center, a five-story, 335,000-square-foot retail, restaurant and entertainment destination anchored by an 11-screen AMC Theatre