Industry News
Brittany House Apartments on Magnolia Sells for $8.5MM
On Friday, February 1, Brittany House Apartments, LLC purchased the 26-Unit Brittany House Apartments on Magnolia for $8,500,000, or approximately $327,000/unit and $356/sf....
Industrial Warehouse in Kent, Wash. Sells for $12.7MM to LBA Realty
By Meghan Hall LBA Realty is continuing to invest in Seattle’s industrial office market and has purchased another asset in Kent, Wash., to...
PropTech: Boutique Real Estate Firm work.shop Prepares Clients for a Future of “Clicks to Bricks”
By Meghan Hall The future of the U.S. retail real estate market is rapidly evolving, with major long-time players such as Sears filing...
Madison Residential Purchases 77-Unit Marina Club Apartments in Des Moines, Wash., for $15.7MM
By Meghan Hall Agoura Hills, Calif.-based property investment firm Madison Residential is slowing expanding its portfolio in the Puget Sound region and closed...
Simon Properties Secures Design Approval for 986 Residential Units as Part of Seattle’s Northgate Mall Overhaul
By Meghan Hall The revitalization of Seattle’s Northgate Mall is slowly making progress, as the phased development requires four separate master use permits...
Laird Norton Properties and Heartland Merge to Form an Integrated Real Estate Enterprise
Heartland LLC Will Continue to Support Existing and New ClientsHeartland’s Jim Reinhardsen Named President of LNP SEATTLE (January 31, 2019) – Laird Norton...
Report: Downtown Seattle Office Market to Remain Strong in 2019 Despite Potential Slowdown in Amazon Commitments
By Meghan Hall Seattle’s commercial real estate industry has a lot to look forward to in the coming year, as major projects such...
Flexible Workspace and Technology Campus extraSlice Leases Additional 16,450 SQFT at Benaroya I-90
Bellevue, January 30, 2019 – In a transaction that significantly expands the footprint of its Bellevue flexible workspace and technology campus, extraSlice –...
West Bellevue Development Site Near Downtown Sells for $6.2MM
By Meghan Hall As available office space and development opportunity in Seattle’s urban core becomes increasingly tight as the market cycle matures, developers,...
Greystar’s 235-Unit Proposal for Seattle’s U-District Wins Approval with Conditions
By Meghan Hall Charleston, SC.-based developer Greystar sailed through the Early Design Guidance process, receiving unanimous approval from the Northeast Design Review Board...
Wilshire Capital Purchases 75-Unit Apartment Community in Seattle’s Capitol Hill Neighborhood for $17.5MM
Seattle, WA (January 29, 2019) – CBRE Capital Markets has arranged the sale and financing of The Redwood, a newly constructed, 75-unit apartment...
Mark Holdings Buys Wally Apartments in Seattle for $9.925MM
SEATTLE, Wash. (January 29, 2019) – A former Mack Real Estate Group executive, together with his former Mark Urban colleague, have completed their...
