Industry News
Clark Construction Earns AGC of Washington Award
Build Washington Awards program acknowledges public buildings for excellence in safety, innovation, service and diversity SEATTLE (June 25, 2018) – Clark Construction Group...
Bertch Capital Partners Spends $5.8MM To Acquire 17 Acres in Sumner, Slated for Industrial Development
(EDITOR’S NOTE: the sales price for the 17 acres was approximately $5.8 million, or roughly $341,176 per acre, according to a representative from Colliers’ Seattle,...
Huge Gains in New Home Sales and Pricing 10 Years after the Downturn
Ten years after John Burns Real Estate Consulting began surveying home builders every month, new home sales and pricing feedback demonstrate a solid...
Existing-Home Sales Backpedal, Decrease 0.4 Percent in May
WASHINGTON (June 20, 2018) – Existing-home sales fell back for the second straight month in May, as only the Northeast region saw an...
WoodSpring Suites Expands Footprint in Seattle Area
ROCKVILLE, Md., June 19, 2018 – Choice Hotels International, Inc. (NYSE: CHH), one of the world’s largest hotel companies, in collaboration with West77...
NorthMarq Seattle Arranges $38MM Permanent Financing for Pacific, WA Apartments
SEATTLE (June 19, 2018) – Bob Spiro, senior vice president of NorthMarq Capital’s Seattle regional office, arranged $38 million in permanent financing for...
KBS Signs 12,000 SQFT Lease at The Park at Woodinville
WOODINVILLE, Wash., (June 18, 2018) – KBS Realty Advisors of Newport Beach, California announced today that it leased 11,995 square feet to Northwest...
SeaLevel Properties Spends $7MM on 5.44-Acre Site in Port of Everett’s Waterfront Place Development Project
(EDITOR’S NOTE: According to sources with direct knowledge of the transaction detail, the price for the site was $7 million. $3 million was...
NorthMarq Capital Arranges $28.7MM in Acquisition Financing for Luxury Apartments in Seattle, Washington
SAN FRANCISCO – A team led by Managing Director Dennis Williams and Vice President Tom Wight of NorthMarq Capital’s San Francisco regional office...
Capitol Hill Station Development to Celebrate Groundbreaking
Seattle, WA (June 12, 2018) — The Capitol Hill Station Development, a transit-oriented, mixed-income and mixed-use development project that surrounds the new Capitol...
CBRE Acquires FacilitySource for ~$290MM
Los Angeles, June 12, 2018 – CBRE Group, Inc. (NYSE:CBRE) today announced a significant strengthening of its ability to deliver integrated solutions for...
CBRE Arranges $16.1MM Sale of Best Buy/Party City in Silverdale, WA
SEATTLE, WA – JUNE 11, 2018 – CBRE Capital Markets has arranged the sale of the Best Buy/Party City, a completely renovated, 69,415...