ING's sound investment.
ING Clarion A family of application development systems for Windows from SoftVelocity, Inc., Pompano Beach, FL (www.softvelocity.com). Clarion provides a comprehensive set of tools for development, including a screen builder, 4GL and application generator. , the leading real estate investment advisory firm, has purchased Elliott West, a three building office complex in Seattle, Washington This page is protected from moves until disputes have been resolved on the .
The reason for its protection is listed on the protection policy page. , for $117 million.
The 300,000 s/f property was acquired on behalf of one of the firm's investment funds Noun 1. investment funds - money that is invested with an expectation of profit
assets - anything of material value or usefulness that is owned by a person or company . The building is fully occupied by Clear Channel Communications Not to be confused with clear channel radio stations, which are AM radio stations with certain technical parameters.
Clear Channel Communications (NYSE: CCU) is a media conglomerate company based in the United States. and F5 Networks.
Over the past year, ING Clarion has been rapidly adding to its portfolio in the Puget Sound Puget Sound (py`jĕt), arm of the Pacific Ocean, NW Wash., connected with the Pacific by Juan de Fuca Strait, entered through the Admiralty Inlet and extending in two arms c. area. This acquisition significantly increases the firm's interests in the region, with holdings now valued collectively at more than $800 million. Other 2005 transactions completed by ING Clarion in the region include the purchases of warehouse and distribution properties valued at approximately $100 million, and the sale of a 680,000 s/f office tower, located at 1001 Fourth Avenue Plaza.
"Elliott West is a terrific property, located in very desirable part of Seattle," said Steve Latimer, managing director of ING Clarion's Seattle office.