Industry News

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Legacy Partners Buys Bellevue Asset for $18.2MM, Moves Forward with Redevelopment Plans

By Meghan Hall Foster City, Calif.-based Legacy Partners has snapped up a commercial property in Bellevue, paying $18.2 million, in a deal that...

Portland’s The Galleria Refinanced for $61.5MM

Portland, OR — Newmark announces it has arranged the $61.5 million refinancing of The Galleria Building, a 196,032-square-foot, Class A office property in...

Swift Sells Bellevue Asset for $45MM

By Jon Peterson San Francisco-based Swift Real Estate Partners has sold the 92,200 square foot office building Bel Spring in Bellevue located at...

Pine Tree Spends $66MM on Grocery-Anchored Community Center In Hillsboro

Northbrook, Ill.-based Pine Tree, in partnership with a U.S. state pension fund, acquired Sunset Esplanade, a 269,710-square-foot neighborhood shopping center located in the...

Proposed 14-Story Hotel in Seattle Clears Early Design Review–After Board Alters Vote

By Meghan Hall The earliest stages of design review are meant to give a general overview of what a new project could look...

RMR Group Places Everett Property up for Sale with Pricing Guidance in the $250/SQFT Range

By Jon Peterson As commercial assets across the region gain interest from a wide group of investors, owners of properties in outer regions...

King County Adds to Growing Portfolio with $28.7MM Acquisition of Kirkland La Quinta Inn

By Meghan Hall King County has been working hard to provide Seattle’s unhoused population with a place to stay, closing on a number...

Q+A: As Life Returns to Normal, its Leaving “The Office” Behind

By Meghan Hall The office is now facing a similar situation that brick and mortar retail began dealing with in 2017: people no...

King Lasik Opens Doors Near Tacoma Mall After $5.5MM Purchase

March 4, 2022 (Tacoma, WA) – Lee & Associates Commercial Real Estate Services is pleased to announce that the Wedge Building at 4733 Tacoma...

46,000 SQFT Net-Leased Property in Spokane Trades for $8MM

SPOKANE VALLEY, WA, March 4, 2022 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and...

Podcast: Adam Stone, CEO & Co-Founder of ADU OZ Fund

Today’s conversation takes us to the back yard! Not necessarily my back yard, but a place where some cities across the country are...

Dermody Properties Brings on Equity Partner for Auburn Logistics Center for $51.1MM

By Meghan Hall A new warehouse and distribution center in the Seattle suburb of Auburn, Wash., has a new equity partner. Public documents...

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