Industry News
Bellevue Office Building Sells for $22.5MM
By Catherine Sweeney A 44,419-square-foot commercial office building in Bellevue was recently sold for $22.5 million, according to King County public records. The...
Review Board Recommends 5-Story Apartment Building Seattle’s Beacon Hill Neighborhood Return for Second Design Guidance Meeting
By Bekka Wiedenmeyer Seattle’s Beacon Hill neighborhood is rapidly developing in response to the area’s easy access to mass transit. The Othello Station...
Invesco Provides $55MM Refinancing for Class A Multifamily Building in Portland
Portland, OR – May 3, 2021 – Cushman & Wakefield announced today that the real estate services firm served as the exclusive advisor...
Next Wave Enters Oregon Market And Expands Northwest Footprint With Two Acquisitions Totaling $48.6MM
(EDITOR’S NOTE: Seattle-based Foundation Group Real Estate, led by Isaac Chamberlin, represented the buyer of the Serrano North and South community in Spokane.) Tualatin, OR...
92-Unit Port Orchard Property Portfolio Sells for $8.65MM
(EDITOR’S NOTE: According to industry sources, the three properties traded were located at 4110 Madrona Drive SE in Port Orchard, 4945 Hidden Terrace Lane...
BioMed Realty Acquires Full Block Development Site in Seattle for $63.4MM
(EDITOR’S NOTE: According to public documents, the deal encompassed two separate transactions. The first transaction, which closed on April 29th, includes a site...
NorthMarq Arranges a $43.5MM Construction Loan for Multifamily Development in Seattle
SEATTLE, WASHINGTON (May 3, 2021) – Jake Leibsohn, vice president and Ron Peterson managing director of NorthMarq’s Seattle-based regional office arranged a $43,500,000 construction loan for...
PropTech: Heirloom Design Creates Platform to Minimize Commercial Furniture Waste
By Meghan Hall The commercial building industry has the unfortunate reputation of being one of the largest contributors to waste and energy consumption...
Portland’s Knight Cancer Institute Project Champions “Team Science” Approach to Design
By Meghan Hall The new Knight Cancer Research Building (KCRB) in Portland seeks to bring previously competing scientists, experts and researchers together to...
Bell Partners Continues West Coast Expansion with $88.3MM Acquisition in Kirkland
(EDITOR’S NOTE: According to public documents, the property sold for $88.3 million, or about $437,129 per unit. The seller was Dallas, Texas-based Trinsic...
Future-proofing Our Protected Lands: Sustainable Design Solutions for Delicate Natural Environments
By Shawn Pelowitz Few places can boast the range of natural environments that the U.S. can. From the rocky peaks of the Sierra...
Premier Workspaces Looks to Add 100 Coworking Locations, Other Companies Hopeful for Comeback
By Catherine Sweeney Through the course of the COVID-19 pandemic, many flexible workspace operators struggled or went bankrupt as employees turned to work-from-home...