Industry News
Vulcan Breaks Ground on 249-Unit Multifamily Development in Bellevue’s BelRed Corridor
Ondina is a 249-unit sustainable transit-oriented development project SEATTLE, Wash. – Vulcan announced today that it has broken ground on a 1.4 -acre...
Podcast: Greg Kennealey, CEO of Mission Hill Hospitality
Today’s conversation takes us back to the hospitality industry, and I have the great pleasure of speaking with Greg Kennealey, the CEO of...
Laird Norton Buys Two Capitol Hill Apartment Buildings for $42MM
(EDITOR’S NOTE: According to public records, the seller of the properties is associated with Star Equity Management, while the buyer is an LLC...
Harsch Expands in Auburn with $7.8MM Powerline Industrial Park Purchase
SEATTLE, WA – Harsch Investment Properties announced its acquisition of Powerline Industrial Park in Auburn, Washington for $7.8 million. The property consists of five buildings...
Gemdale USA Pitches Preliminary Designs for New, 10-Story Office Tower in Seattle’s Uptown Neighborhood
By Meghan Hall In the coming years, the Uptown neighborhood of Seattle is expected to see a high level of development, especially of...
Local Developer Buys Bellevue Asset from Brenner Construction Co. for $33MM
By Meghan Hall A commercial asset known as Cascade Place II in Bellevue has traded hands, adding to the growing number of transactions...
Report: Appetite for Multifamily Properties Continues to Surge as Nation Records Highest Quarterly Sales Volume on Record
By Meghan Hall The multifamily sector continues to grow by leaps and bounds as the nation’s demand for rental housing remains unabated. The...
Exeter Property Group Pays $76.5MM to Bring on Equity Partners for Two Puget Sound Industrial Sites
By Meghan Hall As the Puget Sound continues to grow, equity partnerships have become popular amongst investors who wish to grow their portfolios...
Seattle’s Shoresmith Apartments Secures $42.6MM Refinancing
SEATTLE, Wash. – Cushman & Wakefield announced today that the real estate services firm served as the exclusive advisor to Plus Capital Partners LLC in...
MG Properties Group Adds to Portland Portfolio with $54MM Multifamily Acquisition
SAN DIEGO, Dec. 1, 2021 — MG Properties Group, a private San Diego-based real estate investor and operator, is further expanding its Portland presence, today announcing the acquisition...
Healthcare Is a National Security Issue. Why Don’t We Treat It That Way?
By Mark C. Royal, CEO at PIE Development (“Real Estate for Healthcare”) and Founding Team Partner at Bespoke Real Estate Advisors November 2021...
400 Westlake Tops Out in Seattle’s South Lake Union
Seattle, WA—The redevelopment of the historic Firestone Building at 400 Westlake topped out today in South Lake Union. The sixteen-story, 269,000-square-foot office building...