Commercial
Kilroy Bets Big on Seattle, Buys Denny Regrade Tower in $490MM Deal
By Meghan Hall Los Angeles, Calif.-based Kilroy Realty has made a substantial investment into downtown Seattle as questions surrounding the future of work...
Schnitzer West Obtains $468.70MM Construction Loan for The Artise Development in Bellevue
SEATTLE, Sept. 20, 2021 – JLL announced today that its Capital Markets group arranged a $468.70 million construction loan for The Artise, a...
LPC West, Intercontinental, Close on 50-Year Ground Lease in Seattle’s U-District
(EDITOR’S NOTE: The value of the ground lease has not yet recorded in public records, but the lease is expected to last 50...
PropTech: McKinstry, Avista Team Up to Produce “Edo,” to Improve Utility Functionality and Green Infrastructure
By Meghan Hall The way utilities function has changed little over the decade, but as new data around climate and its relationship to...
Fairfield Residential Buys Kirkland Development Property for $25.3MM
By Meghan Hall Fairfield Residential has acquired a commercial property that will allow it to move forward with plans for a new, mixed-use...
LBA and PPF Sell Amazon-Leased Building in Everett to BentallGreenOak for $60.1MM
By Meghan Hall Several major investors have struck a deal for an Amazon-leased asset in Everett, an indication of the industrial market’s continuing...
Seattle SoDo Property Trades Hands for $13.8MM
By Meghan Hall When it comes to property transactions, industrial deals continue to lead the way in Seattle’s commercial real estate market. In...
Evans Business Park Buildings in Redmond Sell for $26.7MM
By Meghan Hall A locally-owned property management firm has sold off a Redmond industrial asset that bears its name. In a deal that...
Number of Boeing Dispositions Grows with $200MM Sale of Frederickson Asset
By Meghan Hall With increasing frequency, Boeing is closing on deals to sell off its Puget Sound assets. In the latest deal–and one...
Survey: Despite Pandemic-Based Uncertainty, Investors Exhibit Increased Risk Appetite
By Meghan Hall The coronavirus pandemic forced investors to press the pause button in 2020. Experts in the industry acknowledge that the virus...
Goldman Sachs Signs 99-Year Ground Lease for a Development Site in Bellevue
By Meghan Hall As the commercial real estate sector becomes more competitive across Puget Sound, a number of companies are taking up a...
CRG Breaks Ground on 1.1MM SQFT Distribution Facility for Costco in Tumwater
Firm identified and is developing parcel in land-constrained Seattle for Fortune 50 firm SEATTLE (Sept. 15, 2021) — CRG, the national real estate development and...
