Industry News
Review Board Recommends Dunn Lumber HQ Expansion in Seattle’s Latona Neighborhood Move Forward to MUP
By Bekka Wiedenmeyer Seattle’s Latona neighborhood has historically been rooted in shoreline logging, beginning with the harvest of the old growth forest surrounding...
Largest Privately Developed “Net Zero” Multifamily Property in the U.S. for Sale on Bainbridge Island for $22.4MM
Seattle, Wash. (January 28, 2021) – The largest privately developed “net zero” apartment property in the United States has been listed for sale....
Seattle Luxury Multifamily Property Trades for $72.325MM
(EDITOR’S NOTE: According to public documents, the property traded for $72.325 million. The transaction closed on January 26th.) SEATTLE, Jan. 27,2021 – Institutional Property Advisors...
Peregrine Realty Sells Bothell’s North Creek Parkway Center for $62.1MM
By Meghan Hall After several years of ownership, Newport, Calif.-based Peregrine Realty Partners has sold an office asset in the growing Bothell submarket....
Designs for 212-Unit Seattle U District Complex Met with Optimism
By Meghan Hall A new high-rise slated for Seattle’s University District core made its community debut on Monday night at an Early Design...
Tishman Speyer Places BelleVista Project in Bellevue Under Contract for ~$155MM
By Jon Peterson New York City-based Tishman Speyer has placed under contract the BelleVista Place re-development project in Bellevue. The potential sales price...
Tacoma’s Weatherly Inn Completes $35MM Refinance
SEATTLE, WASHINGTON (January 25, 2021) – Stuart Oswald, senior vice president/managing director of NorthMarq’s Seattle office, arranged the $35 million refinance of Weatherly Inn....
Filson’s Seattle HQ Sells for $21MM
By Meghan Hall Outdoor clothing retail Filson—which has a storied history in Seattle—has seen its headquarters and flagship store traded to a new...
PropTech: CREtelligent Looks to Advance Industry’s Due Diligence Processes
By Meghan Hall The due diligence process in the commercial real estate sector can be lengthy and complicated, with a number of different...
Blackstone & LBA Announce $1.6B Mostly Calif. & Seattle Industrial Portfolio Recapitalization
NEW YORK & IRVINE, Ca. – January 22, 2021 – Blackstone Real Estate Income Trust, Inc. (“BREIT”) and LBA Logistics (“LBA”) today announced the recapitalization of...
Millennials and COVID-19: The Unlucky Generation
By Dr. Dominic BrownGlobal Head of Demographic Insights @ Cushman & Wakefield Millennials, those born from 1981 to 1996, have been given many...
Study Finds Well-Planned Logistics Real Estate and E-Commerce Can Lower Carbon Footprint of Retail
By Meghan Hall Layers of often unnecessary packaging, the fleets of cars, gas consumption: For some, e-commerce and logistics appear as industries that...