Meriwether Partners
SEATTLE, September 14, 2007 – An investor group led by Meriwether Partners sold the 217-room Marriott Springhill Suites Boise ParkCenter hotel located in Boise, Idaho to an affiliate of Apple REIT for $21 million. Meriwether acquired the property for $12.5 million from West Coast Hotels in 2005 and completed a comprehensive renovation, converting the property from…
Read MoreSEATTLE, August 29, 2007 – Meriwether Partners sold the Central Building located in downtown Seattle to an investment fund managed by LaSalle Investment Management for $43 million. Meriwether acquired the property in October 2005 for $17,500,000. The Central Building consists of an eight-story, 192,000 rentable square foot historic office building located in the heart of Seattle’s…
Read MoreSEATTLE, July 31, 2006 –Meriwether Partners LLC SEATTLE, July 31, 2006 – Meriwether Partners LLC has acquired Floresta Ranch, a 1,650-acre ranch with 47, 35-acre parcels located outside Crested Butte, Colorado. The ranch was acquired for $8.44 million (~$180,000 per parcel or ~$5,100 per acre). Floresta Ranch is pristine high-country, located seven miles west of…
Read MoreSEATTLE, March 29, 2006 – Meriwether Partners announced the $61 million sale of Blanchard Plaza to Shorenstein Properties. Meriwether acquired the property in May 2004 for $33 million. Blanchard Plaza is a 241,000 square foot Class A office tower located in downtown Seattle. At the time of sale, the property was 90 percent occupied, with approximately 60 percent leased…
Read MoreSEATTLE, January 27, 2006 –Meriwether Partners in partnership with Fred Hines, Jr. has acquired the 34,000 square foot SMI Building located in Milpitas, California. Meriwether Partners arranged the $7,800,000 acquisition and also placed a $4,800,000 acquisition loan through GE Commercial Finance. The SMI Building is a one-story office and high-tech manufacturing facility. The property was…
Read MoreSEATTLE, September 9, 2005 – Meriwether Partners has acquired the 249,000 square-foot Market Street Warehouse in Boise, Idaho. Meriwether was represented by Steve Gray and Bob Runyan of RFR Properties and RFR Properties will handle the leasing of the property. Market Street Warehouse, located at 4719 Market Street near the airport, was formerly the Associated…
Read MoreSEATTLE, September 9, 2005 – Meriwether Partners has acquired the 249,000 square-foot Market Street Warehouse in Boise, Idaho. Meriwether was represented by Steve Gray and Bob Runyan of RFR Properties and RFR Properties will handle the leasing of the property. Market Street Warehouse, located at 4719 Market Street near the airport, was formerly the Associated…
Read MoreSEATTLE, August 3, 2005 – Meriwether Partners sold the 117,000-square-foot GSA Building located in Salt Lake City to a New York-based investment group for $21.8 million. Meriwether acquired the property in February 2003 for $18.6 million. At the time of sale, the GSA Building was 100% leased to the United States Federal Government. The property houses unique, critical…
Read MoreSEATTLE, August 1, 2005 – An investor group led by Meriwether Partners LLC in partnership with Inn Ventures, Inc. has acquired the Red Lion ParkCenter Suites hotel in Boise, Idaho. The partnership acquired the property for $12.5 million from West Coast Hotels and is renovating and converting it to a 230 room SpringHill Suites. “We…
Read MoreSEATTLE, May 20, 2005 – An investor group led by Meriwether Partners has acquired the 242,000-square-foot Capitol City Business Center located in Salem, Oregon. The purchase price was $11,550,000. The seller, State Farm Mutual Automobile Insurance Company® was represented by Marc Renard and Tom Usher of Cushman & Wakefield. Capitol City Business Center, formerly known…
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