Industry News
SeaTac’s Innsbruck Apartments Sells for $6.9MM
SEATTLE, Wash. –April 20, 2022 – Colliers is pleased to announce the sale of Innsbruck Apartments in SeaTac, Washington for $6,900,000 ($222,580 per...
Report: Data Centers See Nationwide Surge in Demand
By Catherine Sweeney Across the United States, data centers are reporting heightened demand. While data center demand was largely accelerated by the COVID-19...
Report: Eastside Office Recovery Once Again Delayed by Coronavirus Pandemic
By Meghan Hall The new year was jam-packed with optimism, especially from those in the office sector who believed that companies would finally...
$85.5MM Construction Loan for 252-Unit Apartment Development in Shoreline, Wash.
Seattle – April 20, 2022 – CBRE facilitated a $85.5 million construction loan for Ion, a 252-unit Class A apartment community in Shoreline, Wash. Bill...
426-Unit Affordable Housing Project Proposed in Seattle to Return for Second EDG Meeting 
By Catherine Sweeney An affordable housing complex being proposed by Bode in Seattle’s Bitter Lake neighborhood met some challenges at an early design...
As Seattle’s Urban Growth Continues Unabated, Co-Living Projects in Ballard Gain Traction
By Meghan Hall Seattle’s economic boom has come with many positives, but the city’s growth has also had its drawbacks. As the region...
142-unit Junction Flats + Junction Landing in West Seattle Sold for $58.3MM
Seattle, Wash. (April 19, 2022) – A two-property portfolio of apartment buildings at the West Seattle Junction sold today in a transaction structured...
Hines Creates Global Digital Strategy Office
(NEW YORK) – Hines, the global real estate firm, today announced the creation of a Global Digital Strategy Office (GDSO) and the promotion of...
127-Unit Apartment Building in Lynnwood Trades in Equity Deal Worth $40.4MM
By Catherine Sweeney After it was last acquired in 2012, a 127-unit apartment building in Lynnwood, Wash. is being traded in what appears...
American Campus Communities Announces $13 Billion Transaction with Blackstone Funds
AUSTIN, Texas & NEW YORK— American Campus Communities, Inc. (NYSE: ACC) (“ACC” or the “Company”), the largest developer, owner and manager of high-quality student...
Cortland Chief Economist Brad Dilllman: Multifamily’s Greatest Challenge is Supply
By Meghan Hall The multifamily industry has proved its resiliency over the past couple of years, weathering many of the challenges posed by...
BioMed Planning to Bring 616,000 SQFT Life Science & Technology Project on Denny Park South Location it Recently Acquired
By Vladimir Bosanac Last week, BioMed Realty expanded its footprint in the Seattle market, where the life science stalwart already owns 1.2 million...
