Seattle

Urban Renaissance Group LLC and KKR have purchased former Bon Marche department store and plan to implement extensive renovations.

The firm's new investor-directed fund focuses on asset management rater than development.

Austin, San Francisco and Seattle had the highest increases in office vacancy over the last 12 months.

The fund is a unique investor-directed multi-asset platform, and will debut later this month.

Phoenix, Seattle, Nashville, Salt Lake City and Las Vegas join the list, which highlights markets that are expected to outperform the nation.

CenterCal Properties has secured a $274 million loan to refinance a 2.7 million square-foot retail portfolio on the West Coast.

The firm arranged five separate fixed-rate CMBS loans, on behalf of a joint-venture partnership, for six retail properties.

Investors are following renter migration patterns outside of the big cities with non-major metros receiving the highest investment activity on record last year.