Commercial
Report: As Investors Look at Next Steps, Brokerage Firm Calls National Commercial Real Estate Market “Balanced”
By Meghan Hall Ten years out from the Great Recession of 2008 and 2009 and by many accounts, the nation’s economic engine is...
West Seattle Lot with Potential for 75 Units Sells for $2.17MM
SEATTLE, WA, October 18, 2019– Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and...
Snoqualmie Indian Tribe Purchases Salish Lodge & Spa and Vacant Land for Combined $125MM
By Meghan Hall The Snoqualmie Indian Tribe has made two big purchases, acquiring the 86-key Salish Lodge and Spa at 6501 Railroad Ave....
Prologis Releases New Logistics Real Estate Model Amidst Supply Chain Changes Driven by Tech and E-Commerce
By Meghan Hall Modern-day consumerism continues to reach new heights thanks to technologies that have enabled faster delivery times and wider purchasing options....
Prologis to Acquire Liberty Property Trust for $12.6 Billion
SAN FRANCISCO and WAYNE, Pa., Oct. 27, 2019 — Prologis, Inc. (NYSE: PLD) and Liberty Property Trust (NYSE: LPT) today announced that the...
Fortress Investment Group Spends Combined $17.3MM to Acquire Two CVS Properties in Federal Way and Lakewood
By Jack Stubbs Fortress Investment Group, a global investment management firm based in New York, has made several acquisitions in the Puget Sound...
Building A New City: Weinstein A+U’s Perspective on 40 Years in the Business and Seattle’s Changing Built Environment
By Meghan Hall Founded in 1977 by Ed Weinstein, architecture firm Weinstein A+U began as “two guys with drawing boards” who focused on...
Port of Everett Commission Authorizes $33MM Sale for Former Kimberly-Clark Mill Site
Everett, Wash. – Today, the Port of Everett Commission unanimously authorized Port CEO Lisa Lefeber to enter into a Purchase and Sale Agreement with...
Bothell Lab Space Receives $19.92MM Refinancing for Biotech/R&D Facility
SAN DIEGO, October 23, 2019 – JLL announced today that it has arranged a $19.92 million refinancing for Nexus Canyon Park Research Center, a...
WeWork Announces $5B in New Funding from SoftBank Group
Finance Package Includes Combination of Debt and Equity to Fully Fund Business Plan with Objective of Profitability and Free Cash Flow; Board of...
After 100 Years in Business, UMC Pursues Rebrand Amidst Seattle’s Rush-to-Market Environment
By Meghan Hall University Mechanical Contractors, now known as UMC, first opened its doors as a small heating and plumbing shop founded by...
Unico Acquires Westlake Tower in Seattle for $236MM
(EDITOR’S NOTE: The pricing, which comes to just over $661 per square foot, was confirmed by the buyer. The seller was Nuveen Real...