Industry News
KBS Renews Over 25,000 SQFT in Leases at Bellevue’s Ridgewood Corporate Square
BELLEVUE, Wash. (July 13, 2018) – KBS Realty Advisors of Newport Beach, California, announced today the renewal of 25,812 square feet in leases...
Surban: The Next Big Change to The American Landscape
By Steve Burch, Senior Vice President; Jenni Lantz, Manager; and Mikaela Sharp, Consultant The residential construction industry is shifting away from the suburban...
McNellis: Uber’s Johnny Cab Future
By John McNellis While Uber isn’t exactly driving straight to the bank, it may get there yet. The company has ripped through $10...
Prologis Attracts $325MM of New Commitments into Core Plus Fund
By Jon Peterson San Francisco-based Prologis has received new commitments from major institutional investors totaling $325 million that will go into its Prologis...
1.93-Acre Redevelopment Opportunity in Seattle’s Ballard Neighborhood Officially Brought to Market
By Jack Stubbs Redevelopment opportunities throughout the city of Seattle are at a premium, and a new transit-oriented development opportunity in Ballard—available for...
Newmark Arranges $33MM in Permanent Financing For Tower Building in Seattle
(EDITOR’S NOTE: According to public documents, the owner of the property is Tower Building LLC, an entity affiliated with Mikki Ellingsen who is the...
Common Opens in Seattle, Expanding National Footprint
Continuing Rapid Growth, Common to Bring its Signature Coliving Community to Fifth National Market with Anew Apartments NEW YORK (July 09, 2018) –...
Greystar Announces the Grand Opening of Elan Uptown Flats in Seattle, WA
Greystar is pleased to announce the grand opening of Elan Uptown Flats, a new apartment development in Seattle, WA. The urban community offer...
MBK Senior Living Acquires 9 Communities for $382MM, One Property in Bellevue for $96.6MM
(EDITOR’S NOTE: The 278,706 square foot Bellettini Retirement Facility in Bellevue sold for $96.6 million, or approximately $346 per square foot, according to public...
Newmark Arranges $62MM in Fixed-Rate Financing for 624 Yale Apartments in Seattle
(EDITOR’S NOTE: In May 2016, the developer, The Blume Company, and Newmark Realty Capital Inc., arranged a $44.276 million in construction financing for the...
Local Non-Profit and Department of Ecology to Bring 144 Affordable Apartments to Seattle’s Mt. Baker Neighborhood
By Jack Stubbs Housing affordability remains a pressing issue throughout Seattle and the rest of the Puget Sound region, and affordable housing developers...
Honest Buildings Launches New Portfolio Capital Planning Platform for Owners
NEW YORK, June 28, 2018 — In commercial real estate, capital planning is inextricably tied to an owner’s overall business strategy and effective...
