Industry News
Lake Washington Partners Moves Its Corporate HQ From Issaquah To Bellevue
The marquee location reflects its investment and growth in Bellevue and brings it closer to its tenants; company’s expansion in Puget sound region...
Duke Realty Brings on Equity Partner for Amazon-Leased Asset in Dupont for $155MM
By Meghan Hall A newly-developed industrial asset in the growing industrial hub of DuPont, Wash., has a new equity partner. According to public records,...
Q&A: IEC Celebrates 40 Years of Multifamily Investment 
By Catherine Sweeney Since 1981, Interstate Equities Corporation, a Los Altos, Calif.-based investment company, has been investing in multifamily markets across California and...
After Spending $462MM in the Puget Sound in 2021, RISE Properties Trust Talks CRE Strategy
By Meghan Hall RISE Properties Trust has invested heavily in Seattle and Portland over the past year, and the firm is most definitely...
182-Unit SeaGlass Village in Bremerton Trades for $35.5MM
SEATTLE – Berkadia announced today the sale of SeaGlass Village, a 182-unit garden-style multifamily property located in Bremerton, Washington. Senior Managing Director Kenny Dudunakis,...
Podcast: Rene Morkos, Founder & CEO of Alice Technologies
I have not worked in construction, but I can imagine the difficult task of having to redesign or reorient something during the design...
Report: Optimizing Health and Wellness in Industrial Spaces Could Aid in Success of Sector
By Catherine Sweeney As e-commerce continues to grow, the need for health and wellness in the workplace has also grown. According to a...
Boeing Employees’ Credit Union Sells Tukwila Offices to Nicola Wealth for ~$18MM
By Meghan Hall The Boeing Employees’ Credit Union has sold two office buildings in Tukwila to an investor already well-familiar with the neighborhood....
Northmarq Arranges $74MM Construction Loan for Ember Apartments in Lynnwood, Washington
SEATTLE, WASHINGTON – Jake Leibsohn, senior vice president and Ron Peterson senior vice president and managing director of Northmarq’s Seattle-based regional office arranged the...
Clarion Sells Tukwila’s Park Place Shopping Center for $36MM
(EDITOR’S NOTE: The property is located at 17585 Southcenter Parkway and totals 126,916 square feet. According to public records, Clarion Partners sold the...
Report: Life Sciences Sector is a Small Portion of the Commercial Real Estate Market, but its Growing Fast
By Meghan Hall The life science asset class was once considered a “niche” market, but during the course of the pandemic the industry...
Report Shows Signs of Strength in Retail Sector Moving into 2022
By Catherine Sweeney The retail industry is showing positive signs of growth after several years of challenges caused by the COVID-19 pandemic. According...