Schnitzer West Obtains $468.70MM Construction Loan for The Artise Development in Bellevue
SEATTLE, Sept. 20, 2021 – JLL announced today that its Capital Markets group arranged a $468.70 million construction loan for The Artise, a 25-story...
LPC West, Intercontinental, Close on 50-Year Ground Lease in Seattle’s U-District
(EDITOR'S NOTE: The value of the ground lease has not yet recorded in public records, but the lease is expected to last 50 years,...
Fairfield Residential Buys Kirkland Development Property for $25.3MM
By Meghan Hall
Fairfield Residential has acquired a commercial property that will allow it to move forward with plans for a new, mixed-use development in...
Retail Asset in Normandy Park, Wash., Trades for $3.5MM
NORMANDY PARK, WA, September 17, 2021 – The Leibsohn Group of Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales,...
LBA and PPF Sell Amazon-Leased Building in Everett to BentallGreenOak for $60.1MM
By Meghan Hall
Several major investors have struck a deal for an Amazon-leased asset in Everett, an indication of the industrial market’s continuing health. In...
Koz Development Sells Two Puget Sound Multifamily Communities for $45MM
By Meghan Hall
Koz Development, a relatively new firm in the commercial real estate industry, has been extremely busy since its initial founding in 2014....
Seattle SoDo Property Trades Hands for $13.8MM
[googlemaps https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d43056.97218673016!2d-122.36141249940694!3d47.58606020063131!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x54906a9c39fb369d%3A0x54150ef1d648905c!2s1750%204th%20Ave%20S%2C%20Seattle%2C%20WA%2098134!5e0!3m2!1sen!2sus!4v1631824795394!5m2!1sen!2sus&w=800&h=450]
By Meghan Hall
When it comes to property transactions, industrial deals continue to lead the way in Seattle’s commercial real estate market. In another...
Evans Business Park Buildings in Redmond Sell for $26.7MM
By Meghan Hall
A locally-owned property management firm has sold off a Redmond industrial asset that bears its name. In a deal that closed on...
Survey: Despite Pandemic-Based Uncertainty, Investors Exhibit Increased Risk Appetite
By Meghan Hall
The coronavirus pandemic forced investors to press the pause button in 2020. Experts in the industry acknowledge that the virus has caused...
Goldman Sachs Signs 99-Year Ground Lease for a Development Site in Bellevue
By Meghan Hall
As the commercial real estate sector becomes more competitive across Puget Sound, a number of companies are taking up a variety of...