Industry News
Alexandria Pays $200MM for Bothell’s Canyon Park Business Center
By Meghan Hall After years developing centrally located properties near downtown Seattle, major life sciences developer Alexandria Real Estate Equities has turned its...
354-Unit Affordable Housing Development and 100-Bed Men’s Shelter Pitched for 9-Acre Site in Bellevue
By Meghan Hall Plans for affordable housing and a permanent men’s shelter are taking root in Bellevue. Congregations for the Homeless (CFH), the...
Buchanan Street Partners Pays $22MM for 102,450 SQFT Self-Storage Facility in Portland
Portland, OR (February 25, 2021) – Buchanan Street Partners, a Newport Beach, California-based real estate investment management firm, has acquired a recently constructed three-story,...
ICYMI: Puget Sound Industry Outlook 2021
Brought to you by: A closer look at the drivers shaping the commercial real estate industry across the Puget Sound region. SPEAKERS: Eric...
REI Co-op Selects 69,000 SQFT Issaquah Property as First Satellite Office
Co-op will test a hybrid work model that allows employees to work from home up to five days per week SEATTLE – As companies...
Lionstone Raises $745MM for Value-Add Fund with Seattle as One of Its Targeted Markets
By Jon Peterson Houston-based Lionstone Investments has raised $745 million of commitments for its latest commingled fund that goes by the name of Lionstone...
Emergence of SE2050 Challenge Gives Structural Engineers Long-Awaited Seat at the Sustainability Table
By Meghan Hall As sustainable building practices emerged within commercial real estate, a heavy amount of the focus has been placed on the...
CBRE Group, Inc. Acquires 35 Percent Interest in Industrious, Leading Provider of Flexible Space Solutions
CBRE’s Stake Expected to Grow to 40 Percent; CBRE to Have Two Seats on Industrious Board; Industrious to Take Ownership of CBRE Hana; CBRE and...
EverWest Real Estate Advisors Buys Industrial Asset in Tukwila for $12.15MM
By Meghan Hall Industrial real estate properties are continuing to catch the eye of investors. In a deal that closed on February 3rd...
Waterton Raises $1.5B Apartment Fund, Looks for Assets in the Puget Sound Region
By Jon Peterson Chicago-based Waterton has set is sights on growing its apartment portfolio, and the company has shored up a $1.5 billion...
21-Story Olympic Tower at Skyline in Seattle Tops Out
PCL Construction Completes Concrete and Steel on the Senior Living Community in First Hill SEATTLE, Washington (February 22, 2021) – PCL Construction has...
PropTech: ProjectMark Looks to Connect CRE Industry Via Social and Connectivity Platform
By Meghan Hall For decades, the commercial real estate industry has operated by word of mouth and personal connections. However, an emerging tech...
