Industry News
CPP Investments and Greystar Form U.S. Purpose-Built Single-Family Rental Joint Venture
Toronto, CANADA – Canada Pension Plan Investment Board (CPP Investments) and Greystar Real Estate Partners, LLC (Greystar), a global leader in the investment, development,...
Seattle Times Purchases 62,000 SQFT Printing Facility in Kent for $13.77MM
By Catherine Sweeney The Seattle Times is expanding its printing efforts after recently acquiring a printing press in Kent, Wash. According to King...
350-Unit Residential Tower Planned for Seattle’s University District is Moved Forward by Design Review Board
By Catherine Sweeney After meeting with the Seattle Northeast Design Review Board for guidance on a 370-unit residential project, Nicola Wealth Real Estate...
Report: Puget Sound Multifamily Recovery in Rearview Mirror
By Meghan Hall The past 18 months have presented a lot of uncertainty for those in the multifamily industry. A mixture of pandemic-induced...
Watershed Offices in Seattle Receive Rare Seattle 3-Star Fitwel Certification
SEATTLE – November 30, 2021: Architecture firm Weber Thompson’s new office, located in the Fremont Watershed building, has been awarded the highest-level Fitwel...
Bridge Investment & Townsend Announce $400MM Global Gateway Institutional Logistics Venture
SALT LAKE CITY–Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge”) and The Townsend Group (“Townsend”) announced today that they have signed a definitive...
Great Floors Completes Sale & Leaseback in Kennewick, Wash. for $7MM
KENNEWICK, WA, December 7, 2021 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory...
Lake Union Partners Sees High Pre-Leasing of 432-Unit Project in Seattle
New Seven-Story Mixed-Use Residential Community Within Midtown Square Project Features 432 Mixed-Income Apartments Including 130 Affordable Housing Units; Demand High as Nearly 25...
Mount Si Apartments in North Bend, Wash., Sell for $15.5MM
By Meghan Hall Local investors are working harder than ever to break into the market, and many are succeeding even as the region’s...
Student Housing Building in Seattle’s University District Sells for $17.25MM
(EDITOR’S NOTE: The property sold for about $179,688 per unit. According to public records, the buyer was an entity affiliated with Farallon Capital...
Meta (Facebook) Pre-Leases 213,000 SQFT at Spring District’s Block 13 in Bellevue
Wright Runstad & Company (“Wright Runstad”) and Shorenstein Properties (“Shorenstein”) today announced they have pre-leased their planned 213,000 square foot Block 13 project...
Local Buyer Acquires 66,235 SQFT Drivers Club in Redmond for $20.5MM
By Catherine Sweeney After its 2019 delivery, the newly constructed Redmond Drivers Club is under new ownership. King County public records show that...