Unico Acquires Westlake Tower in Seattle for $236MM
(EDITOR'S NOTE: The pricing, which comes to just over $661 per square foot, was confirmed by the buyer. The seller was Nuveen Real Estate,...
Affordable Housing Developer Strives to Bring 186 Units of Family-Focused Housing to Rainier Beach
By Meghan Hall
Seattle’s unprecedented growth has caught much of its population unaware, and rapidly rising housing costs are causing displacement never before seen in...
Green River Village in Auburn Sells for $21MM
AUBURN , Wash., Oct. 17, 2019 – Institutional Property Advisors (IPA), a division of Marcus & Millichap(NYSE: MMI), announced today the sale of Green River Village, a 146-unit apartment...
Nitze-Stagen Breaks Ground on Seattle’s First 80-Unit Residential Opportunity Zone Project
Seattle, WA. – October 17, 2019 - Nitze-Stagen, an integrated real estate investment and management firm, started construction this week on Seattle’s first residential...
Preliminary Designs for 249-Unit Apartment Building in Rainier Beach Unanimously Backed by Design Board
By Meghan Hall
Large-scale residential development is expanding beyond its downtown confines to South Seattle, where developers are looking to get ahead of the region’s...
Swift Secures Over 90% Raise of $500MM Target for New Commingled Fund
By Jon Peterson
San Francisco-based Swift Real Estate Partners over the past 9 months has been able to garner just over 90 percent of the...
WeWork and Martin Selig End Deal to Move Forward with Third and Lenora Tower...
By Meghan Hall
WeWork’s rapid ascension in the commercial real estate world seems to be dissolving as quickly as it came. The New York-based co-working...
Proposed Complex of 128 Small Efficiency Dwelling Units Approved by Seattle Design Review Board,...
By Meghan Hall
Small Efficiency Dwelling Units—known as “SEDUs”—have increased wildly in popularity in booming cities such as Seattle, where tech expansion and economic good...
As the Internet of Things and Proptech Takes Off, Red Bison Provides Extreme Connectivity...
By Meghan Hall
Technological innovation has disrupted the commercial real estate industry in a myriad of ways, from how tenants search for homes, to Blockchain...
Retail Double Whammy
By John Cumbelich
The suburban shopping center business is not in crisis.
But the simultaneous presence of two unsettling dynamics in the industry are unraveling once proven...
