Industry News
Skanska Unveils “The Eight,” New 25-Floor, 540,000 SQFT Mixed-Use Development in Bellevue’s Downtown Core
Seattle – Skanska, a leading global development and construction firm, today unveiled updated design renderings for its newest project, “The Eight,” located at the intersection of...
A Decade in the Making, Seattle’s Asian Art Museum Gets New Lease on Life
By Meghan Hall Seattle’s Asian Art Museum in Capitol Hill is iconic—for many growing up in the region, the 1930s-era building and large...
One Workplace Launches Second Round of ONEder Grant Program to Inspire Innovation in Architecture and Design
By Meghan Hall Technology hubs like the San Francisco Bay Area have a well-established reputation for innovation, while others, such as the Puget...
Rockpoint Group Announces Fund Closings with $5.8B in Commitments
Opportunistic and Lower Risk Investment Vehicles Exceed Targets BOSTON, June 16, 2020 — Rockpoint Group, a global real estate investment management firm, today announced the final...
Black Creek Hits $1.9B in Commitments for Industrial Fund with Puget Sound as Potential Investment Market
By Jon Peterson Denver-based Black Creek Group has now reached a total amount of commitments of $1.9 billion for its Black Creek Industrial Fund,...
Vulcan’s Second Phase of Bellevue Plaza Heads to Design Review
By Meghan Hall The second phase of Bellevue Plaza, a massive half-block development in downtown Bellevue, is headed towards design review. The second...
Minnesota-based UnitedHealthcare Group Buys Medical and Retail Asset in Everett for $20.8M
By Meghan Hall Minnetonka, MN-based UnitedHealth Care Group has snapped up an Everett medical clinic and surrounding retail for a healthy $20.8 million....
Pine Forest Properties Buys Latitude Business Park and Development Site in Everett for $4.5MM
(EDITOR’S NOTE: Pine Forest paid $4.5 for the property, according to Snohomish County property records.) Everett, WA – June 10, 2020: Pine Forest...
Amazon Expands into 111,000 SQFT in Redmond, Plans to Create 600 Jobs
Company’s new facility will also add new office space for AWS. At the beginning of 2020 we announced that Amazon would continue to...
Fana Group of Companies Buys Bellevue Development Site for $26.9MM
By Meghan Hall A major Bellevue-based developer has sold off a key piece of property gearing up for redevelopment—an indication that investors are...
PropTech: REscan Unveils 3D Mapping Technology After Four Years in Development
By Meghan Hall Viewing and evaluating properties in a digital manner has become paramount as social distancing orders across the nation took effect,...
Link Industrial, Panatonni, Break Ground on 800,000 SQFT Industrial Complex in Kent
By Meghan Hall The Puget Sound industrial sector has remained the darling of the regional commercial real estate industry over the past several...