Hospitality
PMF Investments Buys 137-Room Inn, Adjacent Restaurant in Redmond for $20.2MM
By Kate Snyder An inn and adjacent restaurant in Redmond were sold in a portfolio deal recently that shows the city continues to...
Sohal Hotels Sells 143-Room La Quinta Inn in SeaTac for $27.5MM
By Kate Snyder A hotel property in SeaTac traded hands recently, showing that investors continue to be attracted to the Puget Sound region’s...
Seattle’s Space Needle to Receive Temporary “Tiny Crown” for Elevator Modernization Project
By The Registry Staff Seattle’s iconic Space Needle, a symbol of innovation and progress, is set to undergo another remarkable transformation. Crews have...
MCR Hotels Sells 146-Room Residence Inn by Marriott in Renton for $55.5MM
By Kate Snyder A hotel in Renton traded hands recently, showing that the city’s hospitality market continues to attract investors. The Residence Inn...
102-Room DoubleTree by Hilton Hotel Olympia Refinanced for $10.5MM
OLYMPIA, Wash., October 10, 2023 – Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions,...
Seattle-Tacoma International Approves $400MM C Concourse Expansion Project
By The Registry Staff Seattle is set to elevate its status as a travel destination with the approval of a nearly $400 million...
Mayor Harrell Signs New Seattle Tourism Improvement Area Legislation to Draw More Visitors and Expand Economic Benefits for the Region
STIA enhancements will capitalize on new Summit Seattle Convention Center, increase travel and tourism promotion. Seattle, WA – Today, Mayor Bruce Harrell signed the new Seattle...
16-Story, 246-Key Hotel & Residential Development Project in Seattle Hits the Market at $30MM
By The Registry Staff Seattle’s skyline may one day be altered by a 16-story, 246-room hotel and residential complex at 1520 5th Avenue,...
Woodinville’s $700MM Project Welcomes the Somm Hotel and Spa
By The Registry Staff In the picturesque suburbs of Seattle, where the beauty of the Pacific Northwest meets the bustling tech industry, Kirkland,...
Report: Seattle’s Hotel Market Moves Toward Recovery, Hits Plateau in Occupancy Growth
Seattle – September 21, 2023 – Seattle’s hotel market, hit hard by the pandemic in 2020, continues to move toward recovery, but occupancy...
Ilahie Properties Wants to Transform Former Foss Maritime Property in Seattle into 300,000 SQFT Commercial Development
By The Registry Staff In a move that underscores the potential for growth in the ever-evolving Seattle real estate landscape, Ilahie Properties Inc....
Blackstone Affiliate Sells 128-Room Hotel in Mukilteo for $12.3MM
By Kate Snyder A hotel property in Mukilteo traded hands recently, showing that investors continue to show interest in the area’s hospitality market....