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Seattle, CIM Group, The Benaroya Company, Pine Street Parking Garage, Washington State Convention Center, Mitsui & Co., Ltd.

CIM Acquires the 844-Stall Pine Street Parking Garage in Downtown Seattle for $57.7MM

[googlemaps https://www.google.com/maps/embed?pb=!4v1517940715519!6m8!1m7!1sX-oRphVdV7c0vreMviYk5Q!2m2!1d47.61081547959786!2d-122.3386772794107!3f289.78234388323216!4f19.222624081018182!5f0.7820865974627469&w=700&h=450] By Jack Stubbs CIM Group recently added a roughly 349,000 square foot parking garage in the heart of downtown Seattle to its portfolio. On Monday,...
Seattle, Kidder Mathews, Lala Salama Hospitality Inc., Hawthorn Suites, Kent, SeaTac Airport, King County, Tukwila, South Tacoma

104-Room Hawthorn Suites Hotel by SeaTac Airport Sells for $17MM

By Jack Stubbs On Thursday, February 1st, the Hawthorne Suites by Wyndham Hotel in Kent sold for $17 million, or approximately $163,461 per room, according...
Seattle, Junson Asset Management, Barings, Pike Place Market, Washington State Convention Center, Westlake Park, Kidder Mathews

Motif Hotel in Downtown Seattle Sells for $145MM as Part of $800 Million Portfolio

By Jack Stubbs The Motif Seattle, a luxury hotel located in the heart of downtown Seattle, recently changed hands as part of a $800 million...
Facebook, Crane Aerospace, Crane Aerospace and Electronics, Puget Sound, Dexter Station, Lake Union, Tristar Capital, Commerz Real, Commerzbank Group, Stockbridge Capital Group, Capstone Partners

Facebook Quietly Leases Nearly 700,000 SQFT on the Eastside

By Vladimir Bosanac Late in December of 2017, a relatively unnoticeable transaction in Redmond took place, where Facebook purchased two high tech/flex office buildings for...
Seattle, Recharge the Battery, Battery Street Tunnel, WSDOT, Final Environmental Impact Statement, Record of Decision, Belltown

Uncertain Future for the 120,000 Square Foot Battery Street Tunnel in Belltown

By Jack Stubbs There’s been a lot of development activity occurring in Belltown over the last several months, and a new initiative is in the...
video

Microsoft Takes 86,000 SQFT in Shorenstein’s Redmond Town Center

By Vladimir Bosanac Shorenstein Properties, a San Francisco-based commercial real estate owner and investor, expanded its relationship in Redmond with Microsoft. The company leased to...
Seattle, Stanford Hotels, Mortensen Construction, Jensen Fey Architects, Amazon, Amazon HQ Campus Hotel, South Lake Union

Construction to Begin Soon on 283-Unit Amazon HQ Campus Hotel in South Lake Union

By Jack Stubbs In the coming weeks, construction will begin on the “Amazon Headquarters Campus Hotel,” a 15-story project that is being developed by San...
Rite Aid drugstore, Phase I environmental report, Washington, government, retail centers, dry cleaners, real estate, regulations

McNellis: The Hell of Regulatory Interpretation

By John McNellis One truth that bears learning is this: News is very seldom as good—or as bad—as it first appears. Even when it comes...
Seattle, BuildingConnected, Silicon Valley, pre-construction industry, general contractors, commercial real estate tech,

TechView: BuildingConnected Q&A

By Jack Stubbs In the current era of commercial real estate tech, many companies are seeking to integrate technology into their products to streamline and...

BioMed Realty Foresees an Active Market in the Year Ahead

By Jack Stubbs A month into the new year, many companies are trying to gauge how the industry might evolve over the next 12 to...

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