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August 01, 2014

Investment market heats up on the Eastside

Puget Sound Business Journal

Marc Stiles

The region's investment sales market was jolted out of a slumber when news broke that scads of properties - mostly office - are for sale.

During the first half of the year, office sales volume in the region totaled $787 million, but only about a fifth of that total transacted from April through June. The lower volume in the second quarter was tied "more to a lack of available properties rather than a lack of interest," states a report by the Kidder Mathews brokerage.

This shortage of for-sale properties was wiped out with news that Walton Street Capital is selling...

For the full story, go to Puget Sound Business Journal .

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