Commercial
Facebook Signs 13-Year Lease in Wright Runstad’s & Shorenstein’s Block 16 in Bellevue’s Spring District
By Meghan Hall Bellevue has been a hotbed of leasing and development activity in recent months, with hundreds of housing units, Seattle’s Light...
Parkview International Spends $59.1MM to Acquire 240-Room Embassy Suites by Hilton-Seattle Hotel in Bellevue
By Jack Stubbs On Thursday, January 23rd, Parkview International, a financial investment management company based in New York, acquired a two-parcel property in...
Unico Properties Sells 87,800 SQFT Mixed-Use 1505 Fifth Avenue Office Building in Seattle to Goldman Sachs Affiliate for $32.5MM
By Jack Stubbs In a recently-recorded transaction, Seattle-based Unico Properties sold the 1505 Fifth Avenue mixed-use office building in Seattle to an affiliate...
PropTech: Enterprise Cloud Platform Rivur Eases Complexity of Construction Funding
By Meghan Hall The construction funding process is complex and time-consuming, with construction industry professionals tracking and managing everything from draw packages to...
Preliminary Design for 23-Story Downtown Seattle Hotel Needs More Refinement
By Meghan Hall Seattle has become an increasingly popular destination, with plenty of attractions both inside and outside of the City that cater...
Blackstone Closes on $540.35MM Acquisition of 800 5th Avenue Office Building in Seattle
By Jack Stubbs On Friday, January 25th, New York City-based Blackstone Real Estate Partners acquired the 800 5th Avenue office building in downtown...
End of Seattle’s Current Development Cycle Not Yet in Sight
By Meghan Hall Since the Great Recession, Seattle has grown by leaps and bounds, its pace of expansion rivaling some of the country’s...
504,000 SQFT Mixed-Use Development to Rise Along Seattle’s Waterfront
By Meghan Hall Seattle’s iconic waterfront is in the midst of a renaissance with several major infrastructure and development projects, including the Colman...
Unico Properties Sells Smith Tower and Florence Building in Seattle to Goldman Sachs Affiliate for $138MM
By Jack Stubbs In a recently-recorded transaction, Seattle-based Unico Properties sold two assets in Pioneer Square—the iconic Smith Tower and the adjacent Florence...
Five Gates Now Open at Sea-Tac Airport’s North Satellite Modernization Project
New eateries, a retailer and new Alaska Lounge to open throughout spring and summer SEATTLE – The Port of Seattle opened five new...
McNellis: WeWorking a New Angle
By John McNellis With major announcements almost daily, WeWork is stealing so many headlines it’s annoying the president. The latest is its name-change...
Anchor Health Properties Buys Two Kitsap Medical Office Buildings for $17.6MM
(EDITOR’S NOTE: According to public documents filed with the Kitsap County, Achor Health Properties paid $17.6 million, or just over $130 per...