Commercial
Cornerstone Makes Madison Centre its First Investment in Seattle Office Development
By Jon Peterson Hartford, Conn.-based Cornerstone Real Estate Advisers has made its equity investment into the Madison Centre project in downtown Seattle its...
Kimpton Reveals Plans for Bellevue Boutique Hotel
By Kristin Bentley A new full-service boutique hotel is coming to Bellevue. Kimpton Hotels & Restaurants announced last Wednesday that it is partnering...
DCT Buys Vacant Industrial Asset in Fife for $9MM
By Jon Peterson Denver-based DCT Industrial Trust paid $9.85 million to buy an empty industrial building in Fife located at 5555 8th Street...
Los Angeles’ IRG Acquires Weyerhaeuser Campus for $70.5MM
By Kristin Bentley Nearly two years after being placed on the market, the Weyerhaeuser campus in Federal Way has found a buyer –...
Carey Watermark Acquires Seattle Marriott Bellevue
By Kristin Bentley In its first venture into the Seattle market, a private REIT has acquired the Seattle Marriott Bellevue, a 17-story, state-of...
MetLife Uses Core Opened-Ended Fund to Buy Seattle Asset
By Jon Peterson New York City-based MetLife used its MetLife Core Property Fund as its capital source for the $129.4 million acquisition of...
Kilroy Updates Seattle’s Real Estate Style
By Michael Hopek Kilroy Realty Corp. plans to change how Seattle businesses operate by providing a creative workspace that makes employees want to come...
Amazon Crossing Into Brick-and-Mortar Retail World with Campus Pickup Points, Bookstore
By Nancy Amdur E-commerce giant Amazon is further venturing out of the virtual world and making its mark in the brick-and-mortar retail sector...
Microsoft HQ Could Go Urban Without Leaving Suburbia
By Neil Gonzales Microsoft Corp. could go massively urban while still remaining put in suburbia. The technology heavyweight reportedly eyes a multibillion-dollar redesign...
Alliance Realty Moves Ahead with Pill Hill Apartment Proposal Despite Parking Issues
By Jonah Loeb Alliance Realty Partners of Seattle has unveiled plans to develop The Broadstone First Hill, an 8 story, mixed-use residential and...
Seattle One of More Attractive Tech Office Investment Markets in U.S., JLL Says
By Adam Steinhauer Despite several million square feet of new office space that will become available in the next two years and the...
Bixby Land Gets 5.6 Percent Cap rate on First Deal in Seattle
By Jon Peterson Newport Beach, Calif.-based Bixby Land Company has produced a 5.6 percent cap rate on the company’s first ever industrial transaction...