Commercial
CIM Acquires the 844-Stall Pine Street Parking Garage in Downtown Seattle for $57.7MM
By Jack Stubbs CIM Group recently added a roughly 349,000 square foot parking garage in the heart of downtown Seattle to its portfolio....
152-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 $111,842 per...
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...
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...
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...
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...
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...
McNellis: The Hell of Regulatory Interpretation
By John McNellis [dropcap]O[/dropcap]ne truth that bears learning is this: News is very seldom as good—or as bad—as it first appears. Even when...
PropTech: 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...
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...
Onward Investors Sells Mercer Pointe at Bellefield Building in South Bellevue for $26.7MM
By Jack Stubbs A roughly 71,000 square foot Class A office building south of Bellevue changed hands on Friday, January 26th, with the Mercer...
KKR Acquires the Arbor Village Senior Living Facility in Kent for $41MM
By Jack Stubbs On Wednesday, January 17th, the Arbor Village Senior Living facility in Kent sold for $41 million, according to public records...
