Industry News

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CenterPoint Acquires Warehouse Near Port of Tacoma for $25.5MM

(EDITOR’S NOTE: According to public documents, CenterPoint acquired the property for $25,530,750.00. The seller was New Sound Transportation, LLC. Records also indicate that...

Single-Tenant Grocery Property in Walla Walla, Wash., Sells for $16.2MM

(EDITOR’S NOTE: According to online records, the property is currently occupied by Albertsons.) Irvine, CA — Newmark announces the sale of a single-tenant, net...

Lacey Office Property Trades for $4.8MM

LACEY, WA, December 14, 2020 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory...

Tacoma’s James Center Plaza Trades for $6.9MM

TACOMA, WA, December 11, 2020 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory...

PropTech: Cityhive Taps into Tenant Knowledge to Help Landlords Fill Vacancies

By Meghan Hall In the nation’s busiest markets, landlords are always looking for ways to fill residential vacancies while competing with other properties....

Review Board Returns Mixed-Use Building at Safeway-Owned Site to Design Review, Citing Code, Design Violations

By Bekka Wiedenmeyer Queen Anne Ave. represents one of Seattle’s many commercial corridors, encouraging small business with easy access to pedestrian zones and...

Podcast: Bob Lehto, International Head of People @ OKCoin

I am joined today again with my co-host Jack Seymour of Transwestern for our joint startup stories podcast. Today, we speak with OKCoin’s Bob Lehto, the...

Hybrid Future of Work and Gensler’s Take on Evolving Office Design

By Meghan Hall For many, a potential return to the office is on the horizon as multiple vaccines near widespread distribution. As that...

Nicola Wealth Pays $32MM to Buy Single-Tenant Office Building in Redmond

By Jon Peterson Vancouver, B.C.-based Nicola Wealth Real Estate has acquired the 34,873 square-foot Studio 7500 office building in Redmond for $32.5 million, according...

University Place Office Property Trades for $6.5MM

UNIVERSITY PLACE, WA, December 10, 2020– Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and...

Mill Creek Announces Leasing Underway at 228-Unit Modera Broadway in Seattle’s Capitol Hill

Mixed-Use Development Community Adds 228 Apartment Homes to Capitol Hill Neighborhood SEATTLE – Dec. 10, 2020 – Mill Creek Residential, a leading multifamily investor and operator...

MG Properties Group Buys Bellevue Apartment Complex for $191MM

By Meghan Hall San Diego, Calif.-based MG Properties Group has scooped up the Liv Bel-Red apartment complex—now known as Vue 22—in a transaction...

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