Commercial
PropTech: Geoverse Ushers in New Wave of Connectivity by Helping Office Tenants, Landlords Access 5G and LTE
By Meghan Hall In tech-centric markets such as San Francisco and Seattle, connectivity is key, and it is often one of the first...
Lessons Learned from The Great Recession: Act Quickly and Decisively
By Meghan Hall Coronavirus has taken the national economy by storm, emerging as the black swan that could mark the end of the...
Blackstone Pulls out of Acquisition of 325 Eastlake Avenue in Seattle
By Jon Peterson New York City-based Blackstone has made the decision not to pursue any further the potential purchase of the 170,000 square...
Prologis to Halt New Spec Developments Across Globe, Sees Fund Redemptions Increase
By Jon Peterson As the economic impact of the coronavirus takes shape, it is starting to show the effect the global pandemic will...
Port Temporarily Suspends Ongoing Construction to Review COVID-19 Safety Plans
The Port of Seattle will temporarily suspend approximately 20 current construction projects from Thursday, April 9 to Monday, April 13 to complete reviews...
Industry Experts: Construction Firms “Embracing” Challenges Posed By COVID-19
By Meghan Hall Activity in the construction industry has come to all but a screeching halt, as municipalities, in an attempt to control...
CalPERS Makes Additional $375MM Allocation into Emerging Manager Program
By Jon Peterson California Public Employees Retirement System has approved a new $375 million allocation into its real estate emerging manager program for real...
Tomorrow is Another Stay: Impacts of COVID-19 on the Hotel Industry Part Three
By Jena Thornton COVID-19 continues to have a dramatic and wide-sweeping impact on the global hospitality industry. We will continue to report the Smith...
Microsoft Solidifies 300,000 SQFT-Plus of Leases in Redmond
By Meghan Hall Eastside suburban markets are still riding out the momentum of previous quarters as new leasing and sales transactions have come...
Half of Bellevue’s I-90 Corporate Campus Sells for $19MM
By Meghan Hall After just over a year of ownership, RBT Investments has closed on the sale of about half Bellevue’s I-90 Corporate...
Washington Care Services in Seattle Sells for $10.5MM
By Meghan Hall Following on the heels of another medical center sale this week, New Jersey-based private buyer has closed on the sale...
Report: Structural Trends Could Mean Some Stability for Logistics Real Estate Despite COVID-19
By Meghan Hall The magnitude of the impact that COVID-19 will have on the economy, and in turn, commercial real estate largely remains...