Industry News
Principal Seeks $500MM Raise for Data Center Fund with Pacific Northwest as One of Targeted Markets
By Jon Peterson Des Moines, Iowa-based Principal Real Estate Investors is now out marketing a new commingled fund investing in data center assets with...
Experts Have High Hopes for Tech-Centric Markets—But Only in a True Post-COVID-19 World
By Meghan Hall 2020 started off as a bright year for the tech industry and tech-centric markets such as San Francisco and Seattle....
NMHC Rent Payment Tracker Finds 80.4 Percent of Apartment Households Paid Rent as of November 6
The NMHC Rent Payment Tracker is powered by Entrata, MRI Software, RealPage, ResMan and Yardi Washington, D.C. – The National Multifamily Housing Council (NMHC)’s Rent...
Do Amenities Still Matter in a Post-COVID-19 World?
Over the past decade, amenities in and around office buildings had grown in quantity, popularity and creativity. The proliferation of office amenities was...
Hines, Benenson Street Capital Partners, Submit Application to Transform Retail Property in Bellevue into 1.4MM SQFT Mixed-Use Development
By Meghan Hall Even as the commercial real estate industry debates the future of urban cores, developers are not shying away from downtown...
Proposed Residential Tower Wows Seattle Design Review Board: “It’s one of the best projects we’ve reviewed to-date”
By Meghan Hall Seattle’s design review process provides the local community and city an opportunity to evaluate how proposed developments will shape the...
Oakpointe Buys Up Massive Development Site in Covington for $28MM
By Meghan Hall For the past seven years, the City of Covington, Wash., has been diligently planning for a new urban village that...
Terreno Realty Corporation Acquires Property in Bellevue for $11.7MM
San Francisco — Terreno Realty Corporation, an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an...
PropTech: Investment Real Estate Platform Juniper Square Finds Success by Growing Alongside CRE Industry
By Meghan Hall The past couple of years has brought an explosion of tech into the commercial real estate market. Many of these...
EJF Capital & Holland Partner Group JV Spends $62.5MM for Two Vancouver, WA Properties
EJF Capital LLC (“EJF”) and Holland Partner Group (“HPG”) today announced that they have formed a joint venture to acquire and operate two...
Life Science Industry Comes into its Own, Transforms from “Once Volatile” to Resilient Sector
By Meghan Hall Over the course of the past market cycle, the life science sector has blossomed, changing from what was once viewed...
Pioneer Square High Rise Clears Final Reviews, Will Bring Workforce Housing to Seattle’s Core
By Meghan Hall A rubble-filled pit at the heart of Seattle’s Pioneer Square neighborhood is nearing its renaissance as plans for a brand-new...