Finance
Seattle-Bellevue Market Had Higher Q1 Net Absorption Than Entire Rest of West Coast
By Brittan Jenkins Growth in the Seattle-Bellevue real estate market has been recognized nationally, and the region has established itself as major real...
Seattle Hill Crossing Shopping Center in Snohomish Sells for $13.5MM
Marking its first time on the market since it was constructed, the Seattle Hill Crossing shopping center in Snohomish sold to Che Investments...
ROIC Buys Highland Hill Shopping Center in Tacoma for $47.35MM
San Diego-based Retail Opportunity Investments Corporation (ROIC) added another retail asset to its portfolio in a $47,350,000 deal for the Highland Hill Shopping...
McNellis: The Death of Retail?
By John McNellis “The outlook for physical retailers is grim, the sector roiled by store closings, layoffs and bankruptcies.” San Francisco Chronicle 5...
REIT Blueprint Buys Two Queen Anne Apartment Buildings for $19.2MM
By Brittan Jenkins In a $19,225,000 deal, Seattle-based REIT Blueprint purchased two multi-family apartment buildings in Seattle’s Queen Anne neighborhood from Alan L....
Glen Eden Apartments in Queen Anne Sell for $11.5MM
By Brittan Jenkins The Glen Eden apartments in Seattle’s Queen Anne neighborhood sold to Glen Eden LLC, an entity located on Mercer Island,...
Building Housing Elliott Bay Book Company Sold to Keeler Investments Group for $14MM
By Brittan Jenkins The building that houses Seattle’s beloved Elliott Bay Book Company in Capitol Hill sold for $14 million on April 28....
JLL Report Shows Transit-Served Submarkets are Outperforming Traditional Office Markets
By Brittan Jenkins Transportation and traffic have played a huge role in Seattle and the greater Puget Sound region over the last several...
Kilroy Realty to Break Ground on $370MM Mixed-Use Project 333 Dexter This Quarter
By Brittan Jenkins Kilroy Realty, the group behind the $370 million mixed-use office complex 333 Dexter, said in an earnings call on Thursday...
San Francisco and Seattle Targeted Markets for Nuveen’s Target-Date Fund
By Jon Peterson New York City-based Nuveen is planning to invest more capital in San Francisco and Seattle for its target-date mutual fund...
Toyota of Puyallup’s General Manager Buys Dealership Building for $10.25MM
By Brittan Jenkins Kerry Sawyer, the general manager of the Toyota of Puyallup, which has been operating in the area for 46 years,...
Deacon Corp. Sells Off Bellevue Office Building for $11.1MM
By Brittan Jenkins Portland-based Deacon Corp., the owner of the 520 Corporate Center Building A and also a current tenant, sold off its...