Commercial
Arbutus Properties Pays $13MM for Downtown Seattle Parcels as Plans for Redevelopment Take Shape
By Meghan Hall Vancouver-based Arbutus Properties has purchased two downtown Seattle parcels in preparation to develop a 14-story office project near the Denny...
Subsidiary of Trammell Crow Buys Seattle Development Site for $12.2MM
By Meghan Hall High Street Residential, the residential subsidiary of Trammell Crow Company, has purchased a Seattle lot that could lead to redevelopment....
Lumen Bioscience Leases 13,900 SQFT at Historic Seattle Bakery
(EDITOR’S NOTE: According to public documents, the property is owned Essential Baking Company, which leased the 13,900 square-foot building to Lumen. The address...
PropTech: ZEVTRON Platform Looks to Accelerate EV Charging Infrastructure for Commercial Properties
By Meghan Hall As electric vehicles and green modes of transportation increase in popularity, so has the need for electronic infrastructure and charging...
Perkins Eastman and VIA Architecture Merge
New York, NY (July 14, 2021) Perkins Eastman and VIA Architecture are pleased to announce their recent merger on July 1, 2021. The union of...
Brookfield Executes $263.5MM Ground Lease for Bellevue’s Spring District Blocks 16 and 24
By Meghan Hall Brookfield Asset Management earlier this week closed on two financial transactions involving some of its most well-known Puget Sound assets....
Southern Marinas Acquires Elliot Bay Marina in Seattle for $80.5MM
By Catherine Sweeney Elliott Bay Marina in Seattle has been sold for $80.5 million, according to King County public records. The marina was...
Granite Secures $28MM Interchange Access Ramp Project in Redmond
WATSONVILLE, Calif.–Granite announced it has been awarded the contract to construct the 148th Ave. NE Interchange Access Ramp in downtown Redmond, Washington by the...
Report: Retail Sector “Holds Attention” of Investors in the Puget Sound
By Meghan Hall The retail industry was one of the hardest hit sectors during the pandemic, with closures and shelter-in-place orders rendering many...
Prado Group Closes First Investment Fund at $200MM, Plans to Deploy Investment in Key Gateway Markets
By Meghan Hall After nearly 20 years in business, San Francisco-based Prado Group has closed on its first investment fund. Called the Prado...
Essential Truths of Retail
By John Cumbelich Among the many radical and fundamental changes wrought in retail through the COVID crisis, perhaps none has been more widely...
Medical Office Buildings Attract Investors as Renton, Puyallup, Properties Trade for $56.8MM
By Meghan Hall Medical office properties–because of their importance during the pandemic–have fared well as an asset class. Investors are viewing medical office...
