Industry News
Drawbridge Realty Secures $240MM in New Equity Commitments Through KKR; Will Target Bay Area and Puget Sound Properties
(Editor’s Note: Drawbridge has invested in the past in the greater San Francisco Bay Area as well as many other markets around the country...
Strides Made in the Pacific Northwest in Sustainable Design, Despite Challenges Ahead For an Expanding Region
By Jack Stubbs As cities throughout the Puget Sound region continue to expand, members of the architecture, engineering and construction (AEC) community are...
Green Lake’s 80-Unit Crew Apartments Sells for $22.3MM
By Meghan Hall The Crew Apartments, a recently built, 80-unit complex located in Seattle’s Green Lake neighborhood, has sold for $22.3 million, or...
Security Properties Spends $41.5MM to Acquire 147-Unit Brookstone at Edgewater Townhomes in Puyallup
SEATTLE, (June 13, 2019) — On June 12, 2019, Security Properties purchased Brookstone at Edgewater, a Class A townhome-style multifamily property located in Puyallup, WA for $41,500,000. Security Properties now...
Lift Partners Fund I Grows to $75MM, Will Target Puget Sound & Bay Area Properties
San Francisco, CA (June 11, 2019) – Lift Partners, a real estate operating company headquartered in San Francisco, is pleased to announce the...
Orenda is the PNW First Public-Private Equity Investment for Workforce Housing
Seattle (June 12, 2019) – Laird Norton Properties (LNP), Spectrum Development Solutions(Spectrum), and Seattle Children’s announced today an expanded partnership at Orenda to address the workforce...
Port of Seattle’s In-Progress Cruise Ship Terminal Highlights Continued Revitalization of Puget Sound Region’s Waterfronts
By Jack Stubbs The greater Puget Sound region — and the Emerald City, Seattle, within it —has a long-standing maritime history. The Central...
Skanska Reveals Details of Dynamic Design for 2+U’s ‘Urban Village’ in Seattle
Multi-Level, Open-Air Retail and Community Space Represents First-of-its-Kind Ground Floor Design in Seattle Market, Melding Retail, Art, Culture and Nature SEATTLE (June 11, 2019) –...
Strong Retail Numbers Push Seattle-Tacoma Above National Average
By Bekka Wiedenmeyer The Seattle-Tacoma Metro Area ended Q1 on a high note as nearly 155,000 new jobs were created over the past...
Apple to Take All of Kilroy’s 645,000 SQFT 333 Dexter in Seattle’s South Lake Union
By Vladimir Bosanac Apple will be joining other tech giants in South Lake Union when it moves into Kilroy Realty’s 333 Dexter, a...
3650 REIT Originates $135MM 10-Year Loan to Refinance Selig Office Portfolio in Seattle
SEATTLE (June 10, 2019) – 3650 REIT (“3650”), a balance-sheet lender focused on creating long-term relationships by originating, servicing and asset managing long-...
Port of Everett Commission Unanimously Votes to Authorize Eminent Domain to Acquire Vacant Kimberly-Clark Mill Site
Everett, Wash. — On June 4, the Port Commission unanimously approved a resolution authorizing the Port to utilize its eminent domain authority to acquire...