Commercial
Development Site in Downtown Seattle Trades for Healthy $20MM
By Meghan Hall Several parcels home to an array of aging buildings along 12th Avenue in Seattle’s Yesler Terrace neighborhood have traded hands,...
Inslee Announces Plan to Allow Construction Projects Previously Underway to be Completed
Gov. Jay Inslee, in consultation with the state’s construction industry, announced a plan today to allow current construction projects to be completed. The...
After Dropping Redevelopment Plans, Owner Sells Renton’s Greater Hi-Lands Shopping Center for $15.5MM
By Meghan Hall A vacant shopping center once considered a hub of commercial activity in Renton has sold nearly a year after local...
What was an Afterthought, Now Becomes Paramount: COVID-19 Is Changing How AEC Firms Form Design
By Meghan Hall The current global health situation has brought up many questions for those throughout the commercial real estate industry. Among them,...
Study Finds Paradigm Shifts Are Lowering Workplace Productivity
By Meghan Hall As companies grow, they are often evaluating what types of real estate, and how that real estate is used, in...
Stockbridge Hits $225MM Capital Raise for New Commingled Fund with Seattle in Sight
By Jon Peterson Stockbridge Core and Value Add Advisors has finalized the first closing on its new commingled fund called the Stockbridge Value...
Terreno Realty Acquires Property in Kent for $4.5MM
SAN FRANCISCO — Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an...
Mercer Island’s Farmers Insurance Office Building Trades for $46.5MM
By Meghan Hall A sizeable office building on Mercer Island has traded hands in one of the larger transactions of the year to-date....
UBS to Sell $5B Worth of Assets from Troubled UBS Trumbull Commingled Fund
By Jon Peterson UBS is in the process of setting up a sale of roughly $5 billion of assets that are currently held in...
Report: Industry is Entering the Age of “Responsive Real Estate”
By Meghan Hall The commercial real estate industry has a reputation for the sloth-like nature in which it changes. Over the next ten...
Bellingham Medical Office Secures $5.4MM Financing
Bellingham, Washington — The Sage Creek Group, a boutique commercial mortgage brokerage secured $5,400,000 in permanent financing for the DaVita Kidney Center located...
AEW Suspends Redemption Payouts for Core Open-Ended Fund Due to Market Uncertainty
By Jon Peterson Boston-based AEW Capital Management has chosen to suspend redemption payouts to investors in its Core Property Trust open-ended commingled fund,...
