Industry News
Clise Properties Buys Bellevue Retail Asset for $28.3MM as Market Remains Resilient
By Meghan Hall Clise Properties, a Seattle-based development company who has operated in the region for more than 100 years, has purchased an...
As New Players Enter the Market, Expert Says the Key to Successful Life Sciences Projects is Finding the Middle Ground
By Meghan Hall The life science industry has exploded in recent years, its rise further catalyzed by its stability during the last eight...
Puyallup Tribe of Indians Buys Fife Apartment Complex for $13.6MM
By Meghan Hall A brand-new residential complex in Fife, Wash., has traded hands. According to public records, The Lux at Fife has sold...
Apartment Development Site in UW’s Greek Row Sells with Plans & Permits in Place for 36-Bedroom Student Housing Project
Seattle, Wash. (November 16, 2020) – A University District townhome development site, located at 4741 18th Avenue NE in Seattle, Washington, has sold...
CenterPoint Adds Rail-Served Property To Its Port Of Tacoma Cluster for $7.2MM
(EDITOR’S NOTE: According to public documents, CenterPoint purchased the property for $7.2MM from Gig Harbor, Wash.-based Sonatore Port Holdings LLC.) OAK BROOK, ILLINOIS...
Podcast: Mark Whiting, CEO of Drawbridge Realty
We sit down today with Mark Whiting, the co-founder, chairman and CEO of San Francisco-based Drawbridge Realty. Drawbridge is a real estate investment and...
PropTech: Vero Leasing on What CRE’s Swell of New Tech Could Mean for Residential Tenants and Landlords
By Meghan Hall Vero Leasing is a cloud-based platform designed to enable those within the multifamily industry to complete lease applications in a...
Design Review Board Recommends University Temple United Methodist Church Project Return for Second Recommendation Meeting
By Bekka Wiedenmeyer For more than a hundred years, University Temple United Methodist Church (UTUMC) has called Seattle’s U-District home, growing from one...
Principal Seeks $500MM Raise for Data Center Fund with Pacific Northwest as One of Targeted Markets
By Jon Peterson Des Moines, Iowa-based Principal Real Estate Investors is now out marketing a new commingled fund investing in data center assets with...
Experts Have High Hopes for Tech-Centric Markets—But Only in a True Post-COVID-19 World
By Meghan Hall 2020 started off as a bright year for the tech industry and tech-centric markets such as San Francisco and Seattle....
NMHC Rent Payment Tracker Finds 80.4 Percent of Apartment Households Paid Rent as of November 6
The NMHC Rent Payment Tracker is powered by Entrata, MRI Software, RealPage, ResMan and Yardi Washington, D.C. – The National Multifamily Housing Council (NMHC)’s Rent...
Do Amenities Still Matter in a Post-COVID-19 World?
Over the past decade, amenities in and around office buildings had grown in quantity, popularity and creativity. The proliferation of office amenities was...