Commercial
Strong Tourism Helping to Fuel Seattle Hotel Market
By Robert Carlsen With tourism in Seattle achieving record high visitation numbers and hotels in the central business district looking at 80 percent...
CalPERS New $1.5B Commitment to be Partially Invested in San Francisco and Seattle
By Jon Peterson California Public Employees Retirement System is planning to invest in office building transactions in the San Francisco and Seattle markets...
Seattle Seeing Growth in Life Sciences Real Estate Sector
By Robert Carlsen While the life sciences real estate sector in the Puget Sound region is still growing and flourishing, the challenge for...
McNellis: Flatten the Code
By John McNellis When even the crooked developers think the polls-leader gives real estate a bad name, you know Washington has problems. A short-term...
Retail Investor Buys Leasehold Interest Portion of a Shopping Center in Bothell
By Jon Peterson San Diego-based Retail Opportunity Investments Corporation (ROIC) has bought a leasehold interest of a portion of the Canyon Park Shopping...
Seattle Evaluating a 14-Story, Mixed-Use Building in Financial District
By Alice Yin Hotel Concepts is in the process of designing a 14-story mixed-use building in Seattle’s International District. The project aims to...
DCT Plans New Industrial Development in Tacoma/Fife Submarket to Start the Quarter
By Jon Peterson Denver-based DCT Industrial Trust is planning to start constriction this quarter on the 240,000 square foot DCT Fife Distribution Center...
Old Federal Reserve Building to be Crowned by a Modern Office Tower
Martin Selig, a legendary Seattle developer, is reported to be planning a modern office tower atop the former Federal Reserve Building at 1015...
Blackstone Re-enters Seattle Market with 38-Building Suburban Office Acquisition
By Jon Peterson New York City-based Blackstone Group has made its first investment in the Seattle market in several years with the acquisition...
Costco Buys Redmond Plot for $16MM
Costco Wholesale has been reported as the buyer of a 15.4-acre plot of land in southeast Redmond, just south of Union Hill Road....
Property in Seattle Part of $175MM Investment in Student Housing Portfolio Deal with Principal
By Jon Peterson Des Moines, Iowa-based Principal Real Estate Investors has made an investment in the 196-unit Identity student housing property in Seattle...
Pioneer Square’s Old World Charm Leads its Development Resurgence
By Naib Mian Seattle’s historic Pioneer Square neighborhood is experiencing a revival with new developments and the influx of young companies. “Pioneer Square...