Industry News
Mayor Durkan Signs Cultural Space Agency Charter to Create First Public Development Authority in Nearly 40 Years
New Public Development Authority to Develop Real Estate Projects in Partnership with Cultural Communities SEATTLE (December 15, 2020) – Mayor Jenny A. Durkan signed the...
Lakewood Industrial Asset Trades for $5.55MM
LAKEWOOD, WA, December 15, 2020 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory...
WinCo Foods Buys Edmonds Grocery Asset for $23.5MM
By Meghan Hall Retail assets continue to trade despite the pandemic, but the assets attracting the most attention are often single-tenant buildings home...
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...