Industry News
U-District Marquee Development Site Hits the Market
Seattle, Wash. – One of the largest development sites in Seattle’s University District, a near full-acre zoned to allow a 320-foot tower, was...
NorthMarq secures $4.7MM refinance of the Fryar Building in Sumner
SEATTLE, WASHINGTON – Bob Spiro, senior vice president/managing director and Scott Moline, vice president of NorthMarq’s Seattle office completed the $4.7 million refinance...
GenCap Construction Starts Work on 215-Unit Project in Shoreline
Local Company Experiences Significant Growth as Demand for Construction Leader’s Services Rise Shoreline, Wash., March 5, 2021 – GenCap Construction Corp. a rapidly-growing Puget Sound-based...
Entity Affiliated with CBRE Global Investors Buys Industrial Assets in Tacoma Sell for $61.3MM
By Meghan Hall The Puget Sound’s industrial market continues to be the darling of the commercial real estate sector, with accessible properties and...
Alexandria’s Buying Spree Continues with $45MM Acquisition of Canyon Park Heights in Bothell
By Meghan Hall Alexandria’s Bothell buying spree is continuing at a rapid pace, with another acquisition in the growing submarket in just a...
9.5 Acres on Seattle’s Lake Union Goes to Market
Seattle, WA — U.S. Homeport has placed its Lake Union asset on the market for sale. The urban marine facility is positioned on nearly...
After Establishing Itself in the Bay Area, Vantis Picks Seattle Market for Expansion into Pacific Northwest
By Meghan Hall Vantis, a commercial interior construction firm, has experienced quick success in the Bay Area’s Silicon Valley market, and just several...
Climate Pledge Arena to Install Solar Project Totaling 1.2 Megawatts
Arena seeks to be first in the world that is net Zero Carbon certified SEATTLE (March 3, 2021) — Today, Excelsior Energy Capital (“Excelsior”), Unico Solar Investors (“Unico...
JLL Launches Partnership and Investment in SFR Proptech Leader Roofstock
Roofstock will purchase Stessa from JLL as the companies forge a commercial partnership to expand Roofstock’s global reach and enhance JLL’s residential offerings...
States Title—Now Doma—to Go Public Via M&A Deal Valued at $3B
Doma, a Leading Force for Disruptive Change in the Residential Real Estate Industry, Announces Plans to Become Publicly-Traded via Merger with Capitol Investment...
City of Seattle, Sound Transit and Port of Seattle Announce $1.75MM Investment for Construction Diversity Programs and Equity in Workforce Development
SEATTLE – Mayor Jenny A. Durkan announced a first of its kind partnership today among the City of Seattle, the Port of Seattle and Sound Transit to invest $1.75 million to provide...
Seattle-Based Broadmark Realty Capital Announces $200MM At-the-Market Equity Offering Program
SEATTLE–Broadmark Realty Capital Inc. (NYSE: BRMK) (the “Company”), an internally managed secured real estate finance company, today announced that it has filed a prospectus...