Industry News
“The M,” One of U-District’s First Towers, Trades Hands for $138MM
By Meghan Hall One of the first newly-constructed towers to rise in the University District after Seattle’s widespread upzones has sold. In a...
Kilroy Bets Big on Seattle, Buys Denny Regrade Tower in $490MM Deal
By Meghan Hall Los Angeles, Calif.-based Kilroy Realty has made a substantial investment into downtown Seattle as questions surrounding the future of work...
Schnitzer West Obtains $468.70MM Construction Loan for The Artise Development in Bellevue
SEATTLE, Sept. 20, 2021 – JLL announced today that its Capital Markets group arranged a $468.70 million construction loan for The Artise, a...
LPC West, Intercontinental, Close on 50-Year Ground Lease in Seattle’s U-District
(EDITOR’S NOTE: The value of the ground lease has not yet recorded in public records, but the lease is expected to last 50...
Clean, Efficient, Equitable Buildings Infrastructure
By Pierre Delforge As part of its Build Back Better budget reconciliation proposal, the U.S. House of Representatives has included historic provisions to...
PropTech: McKinstry, Avista Team Up to Produce “Edo,” to Improve Utility Functionality and Green Infrastructure
By Meghan Hall The way utilities function has changed little over the decade, but as new data around climate and its relationship to...
Fairfield Residential Buys Kirkland Development Property for $25.3MM
By Meghan Hall Fairfield Residential has acquired a commercial property that will allow it to move forward with plans for a new, mixed-use...
Retail Asset in Normandy Park, Wash., Trades for $3.5MM
NORMANDY PARK, WA, September 17, 2021 – The Leibsohn Group of Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment...
Podcast: Gordon Huether, CEO of Gordon Huether + Partners
When you think of a corporate campus, you rarely set your eyes on the art that helps define the building or a campus....
LBA and PPF Sell Amazon-Leased Building in Everett to BentallGreenOak for $60.1MM
By Meghan Hall Several major investors have struck a deal for an Amazon-leased asset in Everett, an indication of the industrial market’s continuing...
Koz Development Sells Two Puget Sound Multifamily Communities for $45MM
By Meghan Hall Koz Development, a relatively new firm in the commercial real estate industry, has been extremely busy since its initial founding...
Seattle SoDo Property Trades Hands for $13.8MM
By Meghan Hall When it comes to property transactions, industrial deals continue to lead the way in Seattle’s commercial real estate market. In...
