Industry News
Redmond’s Delano Apartments Trades for $51.5MM
By Meghan Hall San Mateo, Calif.-based G.W. Williams Company is expanding its holdings in the Puget Sound, snapping up Redmond’s Delano Apartments. In...
Blackstone Puts Lakewood Apartment Complex up for Sale, Pricing Guidance at ~$110MM
By Jon Peterson New York City-based Blackstone has placed on the market for sale the 522-unit Village at Seeley Lake in Lakewood. The pricing...
Google Buys Kirkland Urban East Development Site for $40MM
By Meghan Hall Large tech titans are continuing to invest in the region undeterred. Google has expanded its Kirkland Urban holdings once more,...
McNellis: A Vaccine for Retail?
By John McNellis Retail has the virus. Just as with people, different retailers are reacting to this infection very differently. Ailing merchants with...
Silverstein Properties Buys Downtown Seattle Restaurant for $17.5MM
By Meghan Hall Seattle’s remaining development sites are continuing to be bought up by interested investors, as firms continue to use the current...
Union View Project Site Hits the Market, Pricing Could Reach ~$14MM
By Meghan Hall A development site on the border of Seattle’s rapidly growing Wallingford and Fremont neighborhoods is on the market. With entitlements...
Eastside Experts: Market Slowdown Can Produce “Healthier” Market Long-Term
By Meghan Hall The beginning of 2020 saw the Eastside commercial real estate industry firing on all cylinders: multifamily, office, hospitality and retail...
Port Cancels RFP Seeking Partner for New Cruise Terminal
In April 2020, the Port of Seattle suspended its planning for a new cruise terminal to serve the Alaska market, citing a need...
citizenM Opens in Seattle’s South Lake Union Neighborhood
Global hotel innovator citizenM disrupts the traditional hospitality industry once more with its new app for the new era of travel July 28,...
Nashville-based Healthcare Realty Buys Tacoma Medical Office for $11.025MM
By Meghan Hall While sales volume for traditional office space has declined over the past several months, medical office sales are continuing to...
First Industrial Spends $6.1MM for Land in Lakewood, Plans 129,000 SQFT Development
By Jon Peterson As the industrial sector looks as perhaps one of the most robust ones to come out of the current economic...
As Layoffs and Furloughs Hit the CRE Industry, Workplaced Provides Professionals Platform to Connect
By Meghan Hall As companies within the commercial real estate industry look to stay afloat during the market correction caused by coronavirus, they...
