Industry News
Allstate Plans Sale of Vacant Building in Hillsboro with Potential Pricing of ~$150/SQFT
By Jon Peterson Northbrook, Ill.-based Allstate Corp. has placed on the market for sale an office building in Hillsboro, Oregon located at 1100...
PMB Real Estate Services Proposes 340,000 SQFT Life Sciences Development in Seattle
By Catherine Sweeney An office development proposed for Seattle is getting a brand new look after the project site changed ownership. During an...
Panattoni & Port of Seattle Plan 400,000 SQFT Industrial Development in Des Moines
Developed in partnership with City of Des Moines, project supports 600+ full-time jobs, protects local wetlands, improves regional trail, and adds to urban...
Skanska Names Murphy McCullough Head of Commercial Development Operations in the U.S.
July 12, 2022 – Skanska has named Murphy McCullough as president and CEO for Skanska USA Commercial Development, overseeing its commercial and multi-family...
Latitude Development Leases 234,000 SQFT to OnTrac Logistics at Baywood Park in Everett
Everett, WA – Latitude Development announced that it leased 234,458 square feet to OnTrac Logistics at Baywood Park in Everett. OnTrac Logistics will...
Amazon Planning to Slow Down Development of Several Projects in Bellevue
By Vladimir Bosanac With continued economic uncertainty across the country, it is perhaps with particular emphasis that we should consider what one of...
Trammell Crow Residential Sells 135-Unit Apartment Building in Issaquah for $103.75MM
By Catherine Sweeney High investor demand in the multifamily sector has led to an increased number of sales in the Puget Sound region....
Vine Street Group Offers up for Sale 1.35MM SQFT, 24-Building Portfolio Leased to State Government in Olympia and Tumwater
By Jon Peterson A massive state government-occupied office portfolio just hit the market, and its sale will likely test the market’s willingness to...
215-Unit Multifamily Portfolio in Bethany, Ore. Receives $50.5MM in Permanent Financing
Portland, Ore. – Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a total of $50.5 million of permanent...
Holland Partners, Principal Real Estate Investors Receive $67MM in Financing for 235-Unit Apartment Community in Mukilteo, WA
SEATTLE – CBRE has arranged $67 million in financing for the recapitalization of Bella Terra Apartments in Mukilteo, Wash., on behalf of a...
Beta Hatch Opens 50,000 SQFT Production Facility in Cashmere, Wash.
SEATTLE and CASHMERE, Wash. – Beta Hatch, a pioneering ingredient manufacturer and the leading insects-as-feed company, has announced the grand opening of its...
GID Pays $242MM for 409-Unit Apartment Community in Kirkland
By Catherine Sweeney Over the past several months, multifamily assets in the Seattle metro area have been picked up by investors left and...