Industry News
Three Brothers, One Industry: Colliers’ Brian, Greig and Brad Lagomarsino on Breaking Into and Growing in Commercial Real Estate
By Meghan Hall When Brian, Greig and Brad Lagomarsino first started their careers, the three brothers never anticipated ending up in the same...
Massachusetts State Pension Fund Plans $200MM Co-Investment with Blackstone for Life Science Portfolio
By Jon Peterson Massachusetts Pension Reserves Investment Management Board (Mass PRIM) has approved a $200 million commitment into a co-investment of a large...
REI Co-Op Sells Spring District HQ to Facebook for $390MM
SEATTLE – REI Co-op announced today that it has completed the sale of its newly completed corporate campus in the Spring District neighborhood...
PropTech: With Automated Data Entry, Intelligence Platform Northspyre Saves Clients 30 to 40 Percent of Working Hours
By Meghan Hall In the development and commercial real estate industry, time is often of the essence. For decades, data tracking and analytics...
Polygon Homes Buys Bothell Development Site for $11.7MM
By Meghan Hall Demand for for-sale product—including townhomes and condominiums—has emerged as a strong market as interest rates remain competitive and buyers look...
Entitled Downtown Seattle Development Site Sells for $127.7MM
By Meghan Hall With an eye on the future, investors are moving forward with deals in Seattle, and an entitled site ready for...
Podcast: Christopher Yip, Partner @ RET Ventures
Christopher Yip is a partner at RET Ventures, a venture capital firm focused on the property technology or PropTech space. He’s based in San...
Amazon to Let 180,000 SQFT South Lake Union Lease Lapse, Will Relocate 1,000 Employees
By Meghan Hall Amazon’s plans for growth are shifting, and the company has decided to let one of its original leases in Seattle...
Tacoma Continues to Attract Investors as Westminster Towers Apartments Sells for $28MM
By Meghan Hall As the Puget Sound’s economy continues to grow, investor interest in the suburbs has also increased in markets both East...
Local Partnership Puts Terry Thomas Office Asset in Seattle up for Sale, Pricing Could hit $50MM
By Jon Peterson A local partnership that includes developer Mike Hess has placed on the market for sale the Terry Thomas 44,445 square...
U.S. Properties With Foreclosure Filings See A Slight Uptick As Coronavirus Pandemic Continues
9,889 U.S. Properties Received a Foreclosure Filing in August 2020, Up 11 Percent from Last Month; Foreclosure Rates Highest in South Carolina, Florida...
The Crisis-Proof Shopping Center
By John Cumbelich While an anxious national media reports on the retail apocalypse, spiking vacancy rates and big-name bankruptcies, perhaps it’s time for...
