Industry News
New Gateway Office Building in Issaquah Wraps Construction and Sets Stage for Future Development
By Meghan Hall Development is booming in Issaquah as investors and developers look to keep up with demand, and at the end of...
At Long Last, A Truly Final 2021 Energy Code
By Lauren Urbanek It’s been a long time coming, but we now have a final 2021 International Energy Conservation Code (IECC) for new...
77 Percent of Metros Post Double-Digit Annual Home Price Gains in Q3 2020
Profit Margins Hit New Highs Even as Coronavirus Pandemic Damages National Economy; Margins Increase in Almost 90 Percent of Markets Across Nation; Median...
“Bet on Seattle”: Seattle Office Market Remains Quiet, but Long-Term Outlook Remains Strong
By Meghan Hall By many accounts, the third quarter in Seattle simply brought about an extension of conversations that have governed the year...
Harsh Investment Properties Spends $14.7MM on Auburn Industrial Property
By Meghan Hall Investor appetite for Puget Sound industrial product has continued to hold into the end of the year. In a transaction...
Newmark Knight Frank Becomes “Newmark”; Rebranding Reflects Future-Facing Company Vision
Revamp combines a new brand strategy and visual expression Newmark Group, Inc. (NASDAQ: NMRK), a world leader in commercial real estate (CRE) services, today...
Marcus & Millichap Enters Into a Definitive Agreement to Acquire Mission Capital
Addition Broadens Capital Markets Services with Loan Sales, Loan Advisory Services and Expanded Structured Financing Capabilities CALABASAS, Calif., October 19, 2020 – (Marcus...
Charlie’s Produce Invests in Seattle, Spends $17MM on Industrial District Properties
By Meghan Hall Charlie’s Produce, an independent fruit and vegetable distributor, has made a big investment in Seattle, closing on a $17 million...
KKR Acquires Everett’s Glacier Peak at Riverside Business Park for $45.2MM
By Meghan Hall In a signifier of strength in the Puget Sound market, a global investment firm has snapped up a new industrial...
Hunts Point Home Trades for Astounding $60MM
By Meghan Hall A 7,380 square foot home right on the water in Hunts Point, Wash., has traded for top dollar. According to...
Report: Recovery for North American Construction Industry is an “Alphabet Soup of Possibilities”
By Meghan Hall The impact of the coronavirus pandemic on the construction industry was immediate; construction sites were forced to close due to...
Blackstone Announces $14.6B Recapitalization of BioMed Realty
NEW YORK–Blackstone (NYSE: BX) today announced that Blackstone Real Estate Partners VIII L.P. and co-investors have agreed to sell BioMed Realty for $14.6 billion...