UNFI Pacific Northwest Distribution Center

4002 Galvin Road
Centralia, Washington 98531

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We provided financing for O’Keefe Development’s acquisition of our 77-acre shovel-ready site in Centralia and the construction financing for O’Keefe Development’s build-to-suit of the new 1.2 million SF state-of-the-art UNFI facility centrally located between Seattle and Portland.

"The construction of the Centralia facility represents the first significant step in our optimization of UNFI's Distribution Center network following the acquisition of SUPERVALU, allowing us to better serve all our customers throughout the Pacific Northwest", said Steve Spinner, UNFI Chairman and CEO.

Sammamish Town Center

Sammamish, Washington

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Innovation Realty Partners, LLC has secured $40 million in financing from The Benaroya Company to facilitate its continued assemblage of land located within the Sammamish Town Center district in Sammamish, Washington. Innovation Realty Partners currently owns or controls approximately 77 acres within the Town Center.

"We are thrilled to play a role in the exciting new Sammamish Town Center project", said Larry Benaroya of The Benaroya Company. "It will be one of the premier planned communities in the Pacific Northwest located in one of the best markets in the United States."

Campus View Student Housing at Highline College

Des Moines, WA

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We provided short-term financing to Highline Place, LLC for construction of Campus View in partnership with Highline College Foundation which has a long-term lease. Campus View is open to all students the college serves including international and domestic. It is located adjacent to the Highline College Campus and features160-bed, 44 state-of-the-art college two- and four- bedroom units complete with furniture on four floors, and over 12,000 square feet of ground floor retail space and Highline College office space.

"We appreciate the opportunity to work with both Benaroya and the ownership group on this project. We look forward to seeing the building’s future contributions to the Highline College student community."

619 Western Building

619 Western Ave
Seattle, WA 98104

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The office portion of the beautifully renovated historic 619 Western Building, for which we provided financing is full.  Chef Software leased three floors and technology product design firm, Artefact leased the top two floors.  This jewel along Seattle`s changing waterfront will have unobstructed views of Elliott Bay.  Seismic upgrades, options for natural ventilation, new electrical, mechanical and plumbing systems matched with operable windows and rooftop deck make this a very special environment.

“The Benaroya Cos., they’re sophisticated. They are not afraid of real estate,” said real estate broker Stan Piha. “They see things differently than a typical lender.”

Big Lots Isssaquah

1475 11th Avenue NW
Issaquah, WA 98027-5319

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We provided financing to M&M Rafizadeh Family LLC for the acquisition of the 37,500 SF Big Lots store in the heart of Issaquah's retail core.  The Big Lots retail store is conveniently located in Issaquah's Pickering Place Center.

"This deal highlights The Benaroya Company’s remarkable speed with underwriting completed, documents prepared and funds delivered in under 24 hours from loan request in order to meet the borrower’s purchase deadline."  

New Sound Transportation

7495 26th St E
Fife, WA 98424

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We developed and financed a new 53,750 sf build-to-suit refrigerated storage, freezer and distribution center for New Sound Transportation, LLC on 5.9 acres at our Benaroya Business Park- Fife.

New Sound Transportation owner, Valeriy Karcha, said he feels blessed to have the new facility, which will be a better environment for our employees and much more accommodating to the needs of our customers. Val also stated “that working with the Benaroya Company has been a great experience for himself and the company."
 

Kimpton Palladian Hotel

2000 2nd Ave
Seattle, WA 98121

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We provided financing for construction of the Palladian Kimpton Hotel - a 97 room boutique hotel in Seattle's Belltown neighborhood.

"The Pacific Northwest has been an integral part of Kimpton's growth story for more than two decades and we look forward to continuing our success in Seattle," said Kimpton CEO and President Mike Depatie.