Commercial
CA-based Fruit Growers Supply Co. Spends $35.6MM to Acquire 27 Parcels of Forest Land in East Washington
By Jack Stubbs The greater Pacific Northwest region—and the iconic Emerald City, Seattle, within it—is widely known for its abundance of breathtaking natural...
Swift Real Estate Spends $23.6MM to Acquire Crestwood Corporate Plaza in Bellevue’s Eastgate Neighborhood
By Jack Stubbs Bellevue’s Eastgate neighborhood—located just south of Bellevue College and sitting in close proximity to the intersection of I-90 and I-405—continues...
Morgan Stanley Spends $19.8MM to Acquire Under-Development 97,522 SQFT Industrial Property in Kent
By Jack Stubbs The Puget Sound region’s Kent Valley—which ranges from the city of Kent further south to Sumner, Auburn, and Puyallup, cities...
Merlone Geier’s Northline Village in Lynnwood Takes Shape
Video renderings reveal an active, walkable, light-rail-adjacent mid-rise office campus and mixed-use neighborhood that will transform the northern suburb LYNNWOOD, WA – As...
Google To Invest $10B in U.S. Offices and Data Centers in 2020
By Sundar Pichai Today I’m pleased to announce that Google will invest more than $10 billion in offices and data centers across the...
Legacy Companies Proposes Two-Tower, 1.2MM SQFT Office Project in Downtown Bellevue Near Underway Infrastructure Project
By Jack Stubbs Marking the latest statement of intent in the Eastside city of Bellevue—which is increasingly regarded by investors and developers as...
QZ Navigator Spends $29.75MM to Acquire Three-Parcel in Seattle; Site Slated for 396-Unit Affordable Housing Project
By Jack Stubbs Seattle’s Capitol Hill neighborhood—widely regarded as a desirable area to locate, due to its proximity to the Central Business District...
citizenM Hotels Breaks Ground on 216-Key Project in Seattle’s Pioneer Square
SEATTLE — In Seattle this week, citizenM — the pioneer of affordable luxury hotels — announces the start of constructionof the citizenM hotel...
CBRE: High Investor Demand & Moderate Economic Growth Expected to Maintain US Real Estate Pricing in 2020
Cap Rates for Commercial Real Estate Assets Stable in H2 2019, CBRE Survey Finds Los Angeles – February 25, 2020—Strong demand from both domestic and...
McNellis: Your Real Estate Empire-Build it or Buy it?
By John McNellis What’s your strategy in allocating capital between buying finished projects and doing development deals, what percentage of each do you...
Seattle is in “Beast Mode”: Downtown Seattle Association Issues 2020 Economic Report
By Meghan Hall For much of the Puget Sound’s history, jobs and the region’s economic engine were located in the suburbs, outside of...
34,400 SQFT Retail Property in Sumner Sells for $10.8MM
By Jack Stubbs On February 13th, in a transaction that was recently recorded, a four-parcel property—on which sits a 34,400 square foot retail/hardware...
