Fairfield Residential Invests in Another Suburban Seattle Multifamily Asset for $41.9MM in Federal Way
By Kristin Bentley San Diego-based Fairfield Residential, a name that has become familiar with its recent activity, continues to expand its presence in...
Seattle Mayor Murray Announces Upcoming Request for Proposals for Redeveloping KeyArena
SEATTLE (October 27, 2016) – Today, Mayor Ed Murray announced the City of Seattle will issue a request for proposals (RFP) in early January,...
City Officials Make Headway on Bellevue’s Eastside Rail Corridor and Grand Connection
On Monday, the City Council’s extended study session was bookended by presentations on the Eastside Rail Corridor (ERC) and Grand Connection. Both projects...
Fairfield Residential Sets New Record for Largest Multifamily Sale in Federal Way at $85MM
By Kristin Bentley An apartment complex in Federal Way, a suburb south of Seattle, sold for $85 million, or $183,190 per unit, according...
Amazon Signs Lease to Fully Occupy Vulcan’s 428 Westlake Building in South Lake Union
SEATTLE – October 26, 2016 Vulcan Real Estate and partner McKinstry have leased 81,000 square feet of office space to Amazon at 428 Westlake Avenue...
Seattle Mayor and Entrepreneur Chris Hansen Agree to Revisit Terms for New Sports Arena
By Kristin Bentley In a letter today to Seattle Mayor Edward Murray and King County Executive Dow Constantine, Chris Hansen and his team...
Skanska Signs $43MM Contract for Tenant Improvements with Juno Therapeutics in Seattle’s South Lake Union
Skanska, one of the world’s leading construction and development firms, announced it has signed a $43 million contract with Juno Therapeutics to complete...
JRK Property Acquires Its Second Asset in the Puget Sound for $37MM
By Kristin Bentley Los Angeles-based JRK Property Holdings has acquired its second asset in the Puget Sound region, a 225-unit apartment complex north of Seattle...
Griffis Residential Acquires 524-Unit Residential Asset in Bothell for $145MM
(Editor’s Note: The sales price of the property was $145 million, or $276,718 per unit, and a cap rate of 4.7 percent.) October 18,...
