Daily market intelligence on mortgages, equity raising, investment sales, and CMBS.

Thursday, 16 February 2012

Amazon to Purchase 3 City Blocks in Seattle for Office Project

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Seattle Times

Amazon.com has agreed to purchase three city blocks in Seattle's Denny Triangle area with plans to develop three 1 million-square-foot office towers.

The properties are owned by the Clise family. The deal includes options for Amazon to acquire more of the family's holdings in the area.

The three adjoining blocks are bounded by Westlake Avenue, Sixth Avenue and Blanchard Street. Properties on the blocks include parking lots, a theater, a Toyota dealership and a motel.

The buildings would be Amazon's first foray into office development and ownership.



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Additional Info

  • Syndicate to Realpoint: No
  • Cities: Seattle
  • States: Washington
  • Subject: Development/Construction (DEV), West Regional Digest (WDIG)
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Data Digest

 

CMBS DELINQUENCY VOLUME

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CMBS SPECIAL SERVICING VOLUME

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Top Bookrunners Domestic, Private-Label CMBS - 2017
Investment Bank #Deals Vol$mln MktShr%
Goldman Sachs 17.59 11,819.34 13.68
JPMorgan Securities 14.52 10,968.11 12.70
Citigroup 12.04 10,012.71 11.59
Wells Fargo Securities 14.02 9,936.06 11.50
Deutsche Bank 12.55 9,879.74 11.44

 

RCA CPPI

 

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CMBS 2.0 Spreads

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Top CMBS Loan Contributors - 2017
Lender #Loans Vol$mln MktShr%
Goldman Sachs 146.89 11,719.34 13.63
JPMorgan Chase Bank 117.68 10,114.14 11.76
Deutsche Bank 198.48 9,689.97 11.27
Morgan Stanley 166.18 8,539.78 9.93
Citigroup 199.05 8,088.24 9.41

 

 

 

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