Berkshire To Seed New Investment Fund with Assets in San Jose and Seattle
By Jon Peterson
Boston-based The Berkshire Group has seeded its new investment fund with properties in San Jose and in the Seattle area, according to...
TruAmerica Pays $36MM to Buy Apartment in Renton
By Jon Peterson
Los Angeles-based TruAmerica Multifamily paid $36.75 million or $181,000 per unit to buy the 202-unit Windsor Apartment Homes in Renton.
“It’s our opinion...
Belltown’s Dimension Building Sells for $144MM
Chicago-based real estate investment management firm Heitman has been named as the buyer of the Dimension apartment building in Seattle’s Belltown area. The 27-story...
Hyatt Flags New Hotel in Emerging Renton Neighborhood
By Neil Gonzales
Chicago-based Hyatt Hotels Corp. announced on Tuesday that the $197 million hotel being built in South Lake Washington by Renton’s SECO Development...
McNellis: Doing it on the Side
Making it in Real Estate Part Two: Doing it on the Side (Moonlighting)
Are we in the wrong business?
On the “Best Jobs in America” lists,...
Seattle Arena Gains Design Approval, Street Closure Recommendation
By Nancy Amdur
A proposed sports arena for Seattle cleared two significant hurdles this month, gaining unanimous approval for the project from both the city’s...
Dwindling Office, Industrial Vacancy Spurs Launch of Online Space Trading Service
By Nancy Amdur
As office and industrial space in many markets gets increasingly difficult to find, a real estate Web site is launching a new...
While Expedia Leaves Bellevue for Seattle, Other Tech Firms are Moving to the Eastside...
By Neil Gonzales
A big-time technology firm is leaving Bellevue, but the city remains a top destination for innovation.
In April, online travel company Expedia.com announced...
McNellis: Back to School
By John McNellis
Whether a lawyer, architect, engineer or broker, a young professional in real estate often hears expressions—some slang, others simply arcane—that neither the...
Canadian Pension Plan Establishes New Relationship with Kemper Development
By Jon Peterson
Toronto-based Canada Pension Plan Investment Board has made its first investment with Bellevue-based Kemper Development Company on providing a $526 million construction-to-permanent...