Industry News
Gridline Apartments in Seattle Obtain $60MM Construction Financing
JLL Capital Markets led the financing efforts for the 178-unit Gridline Apartments development in Seattle, Washington SEATTLE, May 12, 2022 – JLL Capital Markets announced...
384-Room Seattle Marriott Bellevue Part of Brookfield’s $3.8B Hotel Deal with Watermark Lodging
EDITOR’S NOTE: The West Coast properties acquired in the transaction include the following hotels:Seattle Marriott Bellevue – 384 roomsFairmont Sonoma Mission Inn &...
Conifer Specialties Takes 35,226 SQFT of Distribution Space at Gayteway Business Park in Arlington
GS Venture Partners of Bellevue and Conifer Specialties announced today they have signed a lease on Building C at Gayteway Business Park in...
Tenant Improvements that Convert Office Vacancies to Long-Term Occupancy
Office Design Trends for the New Workplace By James Simeo, FAIA, LEED AP At a recent CRE symposium on the Los Angeles market,...
UW Regents’ Recent Approval of 11-Story Development Marks the Latest Chapter for University of Washington
By Jack Stubbs The University of Washington, founded in 1861 approximately a decade after the founding of Seattle, is one of the oldest...
49-Unit Apartment Building in Seattle’s South Lake Union Trades in Equity Deal Worth $29.1MM
By Catherine Sweeney After it was first developed by Wilshire Capital Partners in 2017, a 49-unit apartment building in Seattle’s South Lake Union...
SecureSpace Buys 92,244 SQFT Self-Storage Facility in Federal Way for $21.5MM
(EDITOR’S NOTE: According to King County public records, SecureSpace purchased the asset for $21.5 million, or about $92,244 per unit.) SEATTLE — Adding...
Crow Holdings Announces Closing of Multifamily Build-to-Hold Fund With Approximately $680 Million Raised to Date
DALLAS – Crow Holdings, a leading national real estate investment and development firm, announced today the closing of the third development pool of...
Report: Trends Point Toward Greener Buildings for Tenant Health and Health of Planet
By Catherine Sweeney In the wake of an impending climate crisis and a global pandemic, developers are rethinking strategies to design healthier buildings...
Aging Gas Station in Seattle’s University District Slated to Become 27-Story High Rise
By Meghan Hall The development frenzy in Seattle’s University District continues, and another high-rise tower could soon be added to the mix. At...
Eastside Christian Fellowship Purchases Kirkland 405 Corporate Center Building G for $12.5MM
Seattle, Wash. (May 10, 2022) – Building G at Kirkland 405 Corporate Center in Kirkland, Washington has sold for $12.5 million (roughly $403...
Prologis Proposes to Buy Duke Realty in All-Stock Transaction Valued at $61.68 Per Share
SAN FRANCISCO — Prologis, Inc. (NYSE: PLD) (“Prologis”), the global leader in logistics real estate, today sent a letter to James B. Connor,...
