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 sold by...
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 Washington...
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 businesses obsolete....
Prado Group Closes First Investment Fund at $200MM, Plans to Deploy Investment in Key...
By Meghan Hall
After nearly 20 years in business, San Francisco-based Prado Group has closed on its first investment fund. Called the Prado Alpha Fund,...
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 accepted than...
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 properties less...
Seattle Review Board Requests Two-Tower Mercer Blocks Project Return for Second Recommendation Meeting
By Bekka Wiedenmeyer
Seattle’s South Lake Union neighborhood was built on the back of industry. Populated with warehouses and industrial buildings, the area was home...
Boston Properties, CPP and GIC Announce $1B of Equity in Office Co-Investment
BOSTON and TORONTO, July 14, 2021 - Boston Properties, Inc. (NYSE: BXP), the largest publicly traded developer, owner, and manager of Class A office properties in the United States, Canada Pension...
Cabot Seeks $1B Capital Raise for New Core Industrial Fund with San Francisco, Los...
By Jon Peterson
Boston-based Cabot Properties is planning to seek $1 billion in real estate commitments for its Cabot Industrial Core Fund III, as stated in...
51,400 SQFT Kent Self-Storage Sells for $10.8MM
KENT, WA, July 13, 2021 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced...
