Industry News
Macerich Stumbles with $127.7MM in Losses in Q1 2024
The reign of the American shopping mall may be drawing to a close, but not without a fight. Mall owner Macerich, a titan...
Tonkon Torp to Occupy 61,000 SQFT in New Downtown Portland Office Starting in 2025
PORTLAND, Oregon. (April 29, 2024) Tonkon Torp LLP announced today that it will be relocating its offices in May 2025 to the Wells...
Terwilliger Plaza Senior Living Community Opens 370,000 SQFT Expansion in Downtown Portland
Portland, Oregon (April 15, 2024) – Terwilliger Plaza, a single-site non-profit Continuing Care Retirement Community (CCRC), located in Portland, OR celebrates the completion...
WeWork Secures $450MM Financing Toward Emergence from Chapter 11
Receives Conditional Approval of Disclosure Statement Secures $450M of New Money Financing to Fund Emergence and Provide Post-Emergence Capital On Track to Emerge...
CenterPoint Properties Sells 108,000 SQFT Industrial Property in Auburn for $26.65MM
Seattle, Wash. (April 29, 2024) – CenterPoint Properties has sold Pike Distribution Center, a 108,000-square-foot industrial property in Auburn, Washington, for $26,650,000 (about...
51-Unit Auditorium Apartments in Seattle Traded for $12.6MM
By Kate Snyder An apartment complex in Seattle was purchased recently in a deal that shows investors continue to be attracted to the...
LIHI, ICHS to Partner in 90-Unit Mixed-Use Project in Seattle’s Chinatown International District
International Community Health Services (ICHS) is partnering with Low Income Housing Institute (LIHI) in the construction of a mixed-use development that will be...
Kennedy Wilson & Haseko Acquire Two Multifamily Communities in Vancouver, Wash. for $90MM
BEVERLY HILLS, Calif. – A real estate fund managed by Kennedy Wilson has partnered with Haseko Corporation to acquire The Farmstead (711 NE...
Topgolf Negotiations Confirmed for Everett Mall As City Looks to Become an Entertainment Destination
Rumors have swirled around the Everett Mall like a well-struck golf ball, but Mayor Cassie Franklin had played her cards close to the...
Waterton Acquires 186-Unit 2000 Lake Washington Apartments in Renton for $53.2MM
(Editor’s Note: According to King County property records, the sale price was $53.2 million, or approximately $286,021 per unit. The seller was an...
Reviving Downtown: Strategies to Enhance Conversion Projects
By Janice Li As the conversation around what to do with empty office space continues, how to actually accomplish this goal is being...
Oracle Opts Not to Renew +50,000 SQFT Lease in One Bellevue Center
By The Registry Staff Another tech corporation is making moves to downsize its presence in Seattle. According to a recent report from the...
