Commercial
Legacy Companies Proposes Two-Tower, 1.2MM SQFT Office Project in Downtown Bellevue Near Underway Infrastructure Project
By Jack Stubbs Marking the latest statement of intent in the Eastside city of Bellevue—which is increasingly regarded by investors and developers as...
QZ Navigator Spends $29.75MM to Acquire Three-Parcel in Seattle; Site Slated for 396-Unit Affordable Housing Project
By Jack Stubbs Seattle’s Capitol Hill neighborhood—widely regarded as a desirable area to locate, due to its proximity to the Central Business District...
citizenM Hotels Breaks Ground on 216-Key Project in Seattle’s Pioneer Square
SEATTLE — In Seattle this week, citizenM — the pioneer of affordable luxury hotels — announces the start of constructionof the citizenM hotel...
CBRE: High Investor Demand & Moderate Economic Growth Expected to Maintain US Real Estate Pricing in 2020
Cap Rates for Commercial Real Estate Assets Stable in H2 2019, CBRE Survey Finds Los Angeles – February 25, 2020—Strong demand from both domestic and...
McNellis: Your Real Estate Empire-Build it or Buy it?
By John McNellis What’s your strategy in allocating capital between buying finished projects and doing development deals, what percentage of each do you...
Seattle is in “Beast Mode”: Downtown Seattle Association Issues 2020 Economic Report
By Meghan Hall For much of the Puget Sound’s history, jobs and the region’s economic engine were located in the suburbs, outside of...
34,400 SQFT Retail Property in Sumner Sells for $10.8MM
By Jack Stubbs On February 13th, in a transaction that was recently recorded, a four-parcel property—on which sits a 34,400 square foot retail/hardware...
Mortenson Reveals Designs for 11-Story High-End Hotel for Seattle’s Uptown Neighborhood
By Meghan Hall An underutilized parcel at the confluence of Belltown, South Lake Union and Seattle Center Campus is likely to get a...
Design Review Board Recommends Olympic Athletic Club Expansion Return for Second Early Design Guidance Meeting
By Bekka Wiedenmeyer The Ballard Hub Urban Village in northwest Seattle is characterized by historic features and buildings that have a mixture of...
Report: Cultural Shift Towards Co-Working is “Undeniable”
By Meghan Hall Over the past couple of years, coworking has established an undeniable presence in major commercial real estate markets around the...
Equity Commonwealth Enters into Contract to Sell Bellevue’s Tower 333 for $401.5MM
By Meghan Hall Despite an extremely busy end to 2019 for Seattle’s commercial real estate investment market, 2020 is already off to a...
Wasatch Storage Partners Sells Four-Building Self Storage Facility in Federal Way for $21.7MM
By Jack Stubbs Draper, UT-based Wasatch Storage Partners, a national investment, development and management firm focusing on self-storage facilities, recently sold a four-building...
