Commercial
BioMed Realty’s 700 Dexter Development in South Lake Union Receives First EDG Approval
By Jack Stubbs Tonight, BioMed Realty, along with its design partner, SkB Architects, got one step closer to seeing their vision at 700...
Blackstone Buys Historic Exchange Building in Seattle for $156.5MM
By Jack Stubbs In one of this year’s largest commercial sales, the 22-story Exchange Building sold Tuesday for $156.5 million, or just over...
Amazon Initiates a Search for Seattle’s Sister City
By Jack Stubbs Amazon is on the move. Seattle’s local tech behemoth sent shockwaves through the city—and, indeed, the nation—last week when it...
Bentall Kennedy Buys Burien Cold Storage Facility for $57.5MM
By Jack Stubbs Last Friday, a 237,000 square foot cold storage facility in Burien occupied by Western Distribution Services, sold for $57.5 million,...
Group Proposes KeyArena Redevelopment to Entice SoDo Arena Approval, City of Seattle Promptly Rejects It
By Vladimir Bosanac The Sonics Arena Investment Group, an investment company led by Seattle native entrepreneur Chris Hansen, as well as former Seattle...
Ballard Retail/Warehouse Property Sells for $24.9MM
By Jack Stubbs A Ballard retail and warehouse property sold earlier this week for $24.9 million, or approximately $208 per square foot, according...
McHugh Building in Seattle’s Lake Union Sells for $10.5MM
By Jack Stubbs One of Lake Union’s jewels the McHugh Building sold on Wednesday for $10.48 million, or roughly $382 per square foot,...
Redmond Athletic Club Sells for $14.2MM
By Jack Stubbs Late last week, Redmond Athletic Club was sold for $14.2 million to Mill Creek Residential, a Dallas-based national residential apartment...
CenterPoint Breaks Ground on 230,000 SQFT Kent Warehouse
By Jack Stubbs “We’re very excited to be building this project for Classic Accessories, [and to be] putting up a new long-term home...
Starwood Capital Buys Portions of Macy’s Building in Seattle for $50MM
By Vladimir Bosanac Starwood Capital Group, a private investment firm with over $55 billion in assets under management took two additional floors in...
Kent Industrial Sale & Leaseback Transaction Goes for $12.5MM
By Vladimir Bosanac An 80,000 square foot industrial building located at 6419 South 228th Street in Kent, sold last week for $12.5 million,...
Clarion Partners Buys Tableau’s Fremont Building for $157.85MM
By Vladimir Bosanac New York-based Clarion Partners closed on the purchase of 1621 North 34th Street in Seattle on Monday for $175,850,000, or...