Commercial
McKesson Building in Everett, WA Sells for $16.5MM
Seattle, Wash. (November 21, 2019) – The McKesson Building, located at 710 132nd Street in Everett, Washington, has sold in an off-market deal...
Two-Building Storage/Warehouse Property in Tacoma Sells for $20MM
By Jack Stubbs A number of multi-tenant and industrial properties have traded hands in the Pierce County city of Tacoma over the last...
Healthcare Realty Spends $22.8MM to Acquire 36,350 SQFT Medical/Office Building in Kirkland
By Jack Stubbs Nashville, TN-based Healthcare Realty, a publicly-traded REIT that specializes in the development of medical office buildings throughout the U.S., recently...
DivcoWest Plans $2B Capital Raise for Next Commingled Fund, Will Target Puget Sound Assets
By Jon Peterson San Francisco-based DivcoWest will be targeting a $2 billion capital raise for its DivcoWest Fund VI commingled fund, according to a...
In $29.3MM Transaction, YWCA Brings on New Equity Partner for “Opportunity Place” Building in Seattle
By Meghan Hall The Young Women’s Christian Association has been operational in the Puget Sound for more than 125 years and is the...
Weber Thompson-Designed UTC Headquarters and Kiara win at the NAIOP Night of the Stars awards
November 19th, 2019 — Judges for the 2019 NAIOP Night of the Stars program have selected the new Washington Utilities and Transportation Commission (UTC) building...
Weingarten Realty Buys Home Depot-Anchored Shopping Center in Covington for $37.4MM
By Meghan Hall Weingarten Realty, a real estate investment trust (REIT) that focuses on the acquisition, management and development of neighborhood retail assets,...
PropTech: PropTech Platform Revedy Wants to Bring Buying a Vacation Home “Out of the Dark Ages”
By Meghan Hall The advent of vacation rental-based technology companies has revolutionized the commercial real estate industry in that now, almost anyone can...
Indeed and JPC Incorporate Northwest Flavor in Design of Seattle Office Space
By Bekka Wiedenmeyer In November 2018, developer Skanska USA announced it had made a deal with Indeed as the first tenant in the...
JLL Arranges $110MM Refinancing of 15-building Office Park in Bellevue
HOUSTON, November 18, 2019 – JLL announced today that it has arranged a $110 million refinancing of Bellefield Office Park, a 15-building office campus...
McNellis: Meals on Broken Wheels
By John McNellis What do DoorDash, GrubHub, Postmates and Uber Eats have in common with Lassie? Nothing. They’re dogs; Lassie’s a superstar. What...
Newmark Knight Frank Arranges $130MM Floating Rate Loan for Hyatt Regency Lake Washington
Renton, WA (November 12, 2019) — On behalf of SECO Development, Newmark Knight Frank has arranged a $130 million floating-rate loan for the refinancing of...