Commercial

4455 Articles

Macy’s Sells Final Floors of 300 Pine to Starwood Capital Group for $68.7MM

By Meghan Hall With its impending closure at 300 Pine Street in Seattle on the horizon, Macy’s has officially sold its remaining floors...

PropTech: CasaOne Builds Technology for Flexible Furniture Rental Services

By Meghan Hall In dynamic and fast-paced markets like the San Francisco Bay Area and Seattle, both residents and companies are often looking...

Design Review Board Requests Second Recommendation Meeting for 650,000 SQFT Project in Downtown Seattle

By Bekka Wiedenmeyer The Denny Triangle in Downtown Seattle is quickly evolving from what was once an older development of early 20th century...

Delmar Building in Pioneer Square Sells for First Time in 75 Years for $7.35MM

By Meghan Hall The Delmar Building in Pioneer Square was completed in the early 1890s, part of a wave of building activity that...

Clarion Partners Spends Combined $30.3MM to Acquire Three Warehouse/Industrial Buildings in Everett

By Jack Stubbs Just a few weeks after the company acquired the Washington Federal Building in downtown Bellevue, New York-based Clarion Partners on December...

Spotlight Continues to Shine on Seattle as Office Leasing Reaches New Heights

By Meghan Hall The Seattle office market is well-poised for continued success in 2020, as the market’s annual growth continues to see historic...

Two-Building, 92,949 SQFT Office Property and Associated Parking Lot in Downtown Everett Sells for $13MM

By Jack Stubbs On December 10th, in a transaction that was recently recorded, a two-tower office property in Everett totaling 92,949 square feet,...

William Warren Group Sells 82,200 SQFT Self-Storage Facility West of Renton for $21.4MM

By Jack Stubbs William Warren Group, a Santa Monica, CA-based firm that manages, acquires and develops self-storage properties nationwide, last December sold an...

Madison Realty Capital Provides $27MM Financing Package on Seattle Metro Area Properties

NEW YORK, Jan. 13, 2020 — Madison Realty Capital (MRC) originated a $27 million first mortgage loan collateralized by a multifamily project under construction...

San Francisco Pension Fund Makes $75MM Commitment to Cabot Fund; Targets San Francisco and Seattle

By Jon Peterson San Francisco Employees’ Retirement System has made a commitment of $75 million into the Cabot Industrial Value Fund VI, according...

Harrison Street Spends $26.5MM to Acquire 31,507 SQFT Medical/Office Building in Edmonds

By Jack Stubbs On December 27th, in a transaction that was recently recorded, a medical/office building in Everett sold for $26.5 million, Snohomish...

Eastside Office Vacancy Reaches Lowest Rates Since Dot-Com Era as Alibaba, General Electric Sign Leases

By Meghan Hall Positive news for investors continues to pour out of the Puget Sound’s Eastside markets, with increasing numbers of credit tenants...

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