Commercial

4923 Articles

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...

Urban Visions Sells 6-Story Colonial Grand Pacific Building in Downtown Seattle for $10MM

By Jack Stubbs Seattle-based Urban Visions recently sold one of it’s local properties. On October 16th, the company sold the Colonial Grand Pacific...