Industry News
Report: Most Companies Undecided on Return to Work & Many are Mandating COVID-19 Vaccine
More than 400 Companies Participated in the First of a Two-Part Survey Series SAN FRANCISCO, Nov. 18, 2021 — Sequoia®, the pioneer in Total People...
PropTech: AI-Powered Construction Platform ALICE Technologies
By Meghan Hall The construction industry is a vast sector that includes more than seven million employees that work to create around $1.4...
222-Unit Mixed-Use Project Receives Support From West Seattle Design Board
By Catherine Sweeney After receiving support from the West Seattle Design Review Board for a project approximately two weeks ago, HB Management in...
Entity Affiliated with Brookfield Buys Tukwila Industrial Asset for $28.1MM
By Meghan Hall It’s been a busy week in the Puget Sound, with a number of different deals closing as investors look to...
The Marco in Roosevelt, Wash., Sells for $7.3MM
Colliers’ multifamily team represents buyers in value-add acquisition of 25-unit apartment building. Seattle, Wash.– November 17, 2021 – Colliers, a leading diversified professional services and...
Panattoni, Crow Holdings, Sell Tacoma Gateway II for $87MM
By Meghan Hall A joint venture of Panattoni and Crow Holdings has sold off one of its recently-completed Puget Sound projects as the...
Apple Hospitality REIT Acquires Pearl District Hotel in Portland for $75MM
RICHMOND, Va.–Apple Hospitality REIT, Inc. (NYSE: APLE) (the “Company” or “Apple Hospitality”) today announced the acquisition of a portfolio of three hotels for...
Alexandria’s Mercer Blocks Project Receives Unanimous Backing from Seattle Design Review Board
By Meghan Hall A veteran development team composed of Alexandria Real Estate Equities and architecture firm NBBJ received positive remarks from Seattle’s West...
GLY Construction Names Steve Hoffmann as President
Firm’s leadership transition includes two promotions within its executive committee BELLEVUE, WASH. – Nov. 18, 2021 – GLY Construction (GLY), a locally-owned general...
Hines Buys Norton Building in Seattle for $147.25MM
By Meghan Hall Investors continue to bet on Seattle’s office market, closing on sizable deals and contributing to the health of the industry....
Essex Property Trust Reports Robust Recovery in West Coast Markets
By Catherine Sweeney As the multifamily sector continues to see improved market fundamentals, Essex Property Trust remains bullish for the future of its...
Report: Lack of Available Land Pushes Industrial Product to “Fringes” of Portland
By Meghan Hall Like many West Coast cities, the industrial sector is hot in Portland. The growth of the industrial market, however, doesn’t...