Industry News
Gibraltar Investment Property Solutions Snaps Up Akrona Apartments for $13.5MM
By Meghan Hall The second quarter of 2019 was an active one for the Seattle investment market, with both large institutional and local...
Greystar’s 22-Story Residential Student Tower Seeks to Define University District Skyline
By Meghan Hall Much of Seattle’s high-rise residential development has been concentrated within the City’s downtown core, near major employers in neighborhoods such...
Fifth Wall Closes New $503MM Fund, the Largest Real Estate Venture Capital Fund Raised to Date
With over $1 billion assets under management and more than 50 corporate strategic investors spanning 11 countries Fifth Wall has assembled the largest...
Alexandria Real Estate Purchases Historic Asset Near Pioneer Square for $12.3MM
By Meghan Hall Pasadena, Calif.-based Alexandria Real Estate Equities has been a prolific developer in the region, developing key properties into life science-...
Black Creek Group Industrial Real Estate Investment Platform to be Acquired by Prologis for $3.99 Billion
DENVER (July 15, 2019) — Black Creek Group, a Denver-based real estate investment manager and development firm with a more than 25-year history,...
Seattle’s Oldest Skyscraper Earns LEED Platinum Certification and BOMA 2019 International TOBY Award
SEATTLE (July 16, 2019) — Real estate investment and operating firm Unico Properties LLC, a subsidiary of Unico Investment Group LLC, announced today that...
New Bothell Apartment Complex Trades for $38.4MM
By Meghan Hall The city of Bothell is seeing investor and developer interest pick-up, as the town, located at the north of Lake...
Eastside Office Supply Has Been “Unexpectedly Devoured” by Tech Companies
By Meghan Hall To many, the attraction to the Puget Sound’s Eastside Office markets is apparent, with infrastructure, public transportation and private development...
Amazon Solidifies Commitment to Bellevue with Plans for 43-Story Tower
By Meghan Hall What could become the tallest development in downtown Bellevue is officially in the works, per project materials submitted to the...
Skanska Announces Ethan Stowell’s Tavolàta as First Retail Lease at 2+U’s Urban Village in Downtown Seattle
Nationally Acclaimed Restaurateur will open Tavolàta at Skanska’s fourth development in the Seattle area, anchoring 2+U’s retail village. SEATTLE (July 11, 2019) – Skanska, a leading...
Skanska to Build Center for Science and Innovation at Seattle University in Seattle for $83.5MM
Skanska USA has signed a contract with Seattle University to build the Center for Science and Innovation on their Seattle, Washington campus. The...
GGLO, Washington Holdings’ 270-Unit Apartment Development Returns for Second Early Design Guidance Meeting
By Meghan Hall The Greenwood neighborhood north of downtown Seattle has seen an explosion of growth in both commercial and multifamily development has...
