North Seattle Parcel Slated for 121-Unit Future Multifamily Development Sells for $8MM
SEATTLE – Dec. 17, 2021 – CBRE announced the $8 million sale of a land parcel located in north Seattle’s Fremont neighborhood to Kamiak, a...
Hillsboro’s Tanasbourne Commerce Center Attracts Foreign Investor, Sells for $33.85MM
By Meghan Hall
Portland’s commercial office market has not been immune to the impacts of the COVID-19 pandemic. However, momentum continues to build, including in...
Washington Maritime Blue Declared Finalist for $1 Billion Build Back Better Regional Challenge
Washington Maritime Blue was chosen from more than 500 nationwide applicants for initial funding and is the only finalist from Washington state to now...
Alexandria Makes Entrance into Bellevue Market, Spends $77.5MM on Business Park
By Meghan Hall
Pasadena, Calif.-based Alexandria Real Estate Equities has acquired or developed a number of properties throughout the Puget Sound over the years. However,...
Seattle Design Review Board Approves 129-Unit Belltown Project
By Scott Anderson
Last week Seattle’s Downtown Design Review Board held a meeting to discuss and vote on the approval of the new 2407 1st...
Miami-Based Crescent Heights Extends Its Seattle Footprint with $21.5MM Buy
By Vladimir Bosanac
Development opportunities and sites across Seattle’s central business district are becoming fewer in number, and one active development company is looking to expand...
Autodesk to Acquire Cloud Based Estimating Company ProEst
ProEst will join Autodesk to strengthen its preconstruction offering and connect the project cost lifecycle within Autodesk Construction Cloud
SAN FRANCISCO, Dec. 16, 2021 -- Autodesk, Inc. (NASDAQ: ADSK)...
Principal Pays $57.4MM to Acquire R&D Asset in Hillsboro, Ore.
By Jon Peterson
Des Moines, Iowa-based Principal Real Estate Investors has closed on the acquisition of the 195,546 square foot Hitachi Hillsboro R&D facility in Hillsboro...
Schnitzer West Acquires Last Piece of Development Site for $29MM, Plans 430,000 SQFT Class...
(EDITOR’S Note: According to public records, Schnitzer West paid $29 million for 551 and 619 Roy Street. The deal closed yesterday. Schnitzer West acquired...
Lowe Tops Out 550-Unit Mason and Main Apartment Development in Seattle’s Yesler Terrace
SEATTLE--Lowe, a national real estate developer, investor and manager, has topped out the second of two nine-story towers totaling 550-apartments with approximately 6,800 square...