Commercial
Fortress Development Breaks Ground on Two-Tower Avenue Bellevue Project
New details announced about West Tower spotlight how the project will seta new standard of living in Bellevue and the Pacific Northwest Bellevue,...
Crown Pointe in Kirkland Sells for $47.75MM
Newmark Knight Frank Advises on $47,750,000 Sale of Crown Pointe in Kirkland, WA Kirkland, WA (September 19th, 2019) – Newmark Knight Frank (NKF) has advised...
Bianco Properties Spends $29.85MM to Acquire Three Parcels Within Tacoma Central Retail Plaza in Tacoma
By Jack Stubbs Creve Coeur, Missouri-based Bianco Properties, a company that owns and manages real estate investments nationwide across all major asset classes—including...
Washington State Kicks off Search to Find Site for Second Airport
By Meghan Hall Many will point to the affluence of technology and medical firms as the Puget Sound’s main economic drivers, but the...
Center Plaza in DuPont Sells for $10.3MM
Davis Property & Investment has announced the sale of Center Plaza 6 in DuPont Washington to Northwest Carpenters Institute (NWCI). The asset sold...
120,000 SQFT Bay Vista in Seattle Secures $36MM Bridge Loan
SEATTLE, September 18, 2019 – JLL announces that it has placed a $36 million bridge loan on Bay Vista, a 119,793-square-foot, mixed-use commercial condominium with...
Redmond’s Overlake East Center Sells for $41MM
(EDITOR’S NOTE: According to public documents, the buyer was San Francisco-based Merlone Geier Partners, a real estate investment firm that focuses exclusively on...
BKM Capital Acquires 133,595 SQFT Multi-Tenant Industrial Portfolio Federal Way for $14.7MM
NEWPORT BEACH, Calif., (Aug. 12, 2019) – BKM Capital Partners, an institutional fund manager with a niche focus on value-add, light industrial multi-tenant...
Despite Widespread Demand, Disparity in Market Fundamentals Between Downtown Seattle and Outlying Submarkets Remains
By Meghan Hall It is easy to paint the region’s explosive growth with broad brush strokes in an assumption that every submarket throughout...
Fortress Investment Group Spends $11.3MM to Acquire 4.87-Acre Safeway Property in Everett
By Jack Stubbs In late June 2019, in a transaction that was recently recorded, New York-based global investment management firm Fortress Investment Group...
Menashe Properties Spends $113MM to Acquire 297,000 SQFT Medical/Dental Office Building in Downtown Seattle
By Jack Stubbs Portland, Oregon-based commercial real estate company Menashe Properties recently added a medical/dental office property in Seattle to its Puget Sound...
67,144 SQFT Covington Place Shopping Center Sells for $25MM
By Jack Stubbs On September 12th, the Covington Place Shopping Center sold for $25 million, or about $372 per square foot, King County...