Commercial
Par5 Investments Sells Two Buildings Within the Four-Building Bellevue Business Park for $15MM
By Jack Stubbs On December 13th, in a transaction that was recently recorded, two industrial buildings within the four-building Bellevue Business Park sold...
EverWest Real Estate Advisors Acquires Two Kent Properties for Combined $12.8MM
Kent, WA, December 16, 2019 – Investor interest in industrial properties in Washington State’s Kent Valley continues to be high due to ongoing...
Two Grants Boost Fort Worden’s Building 305 Project
PORT TOWNSEND, WASH.— Plans to renovate Fort Worden’s historic Quartermaster Storehouse received a tremendous boost this week with the M. J. Murdock Charitable...
O’Keefe Development Sells Centralia Distribution Center for $195MM
(EDITOR’S NOTE: According to public records, the transaction price was $195 million, or around $170 per square foot, and the sale closed on...
Northwest Building Spends Combined $61MM to Acquire 43-Acre Manufacturing Property Just North of Boeing in Everett
By Jack Stubbs Seattle-based Northwest Building, who has developed more than five million square feet of industrial product throughout the Puget Sounds region...
Roosevelt Commons Near UW Sold for $157MM by Deutsche Asset Management
By Meghan Hall In the last 24 hours alone, a slew of huge commercial property transactions has hit the Puget Sound market, the...
JP Morgan Spends $206.25MM to Acquire 315,837 SQFT Amazon-Occupied Office Tower in Seattle
By Jack Stubbs Even as 2019 comes to a close towards the end of fourth quarter, it seems that the commercial real estate...
Bosa Sells Three-Property Site in Downtown Bellevue to Schnitzer West for $65MM
By Meghan Hall The impact of big tech and credit tenants on the Bellevue market has been paramount and property prices continue to...
Kilroy Realty Makes Big Land Grab, Buys Five Downtown Properties from Vance Corp for $133MM
By Meghan Hall With a new excise tax on the horizon, Seattle’s property owners are eager to close deals before the year’s end....
Keeping the Emerald City Green: As Development Booms, City Launches Initiative to Preserve Municipal Golf Courses, Some of Seattle’s Last Remaining Open Space
By Meghan Hall The city of Seattle has grown tremendously in the past 100 years, from 276,000 in 1916, to nearly 725,000 in...
Vibrant Cities Raises $43.5MM for Seattle Waterfront Residential Project
SAN FRANCISCO, December 12, 2019 – JLL announced today that it has raised capital totaling $43.5 million for the development of Infinity Shore Club Residences,...
Commercial Building in Everett Trades for $9.8MM as The Port’s Transformation of the Waterfront Continues to Take Shape
By Jack Stubbs Everett, Snohomish County’s largest city, has, over the last few months, seen an increasing interest in a revitalization of the...