Industry News
4Culture Honored with National Public Art Awards
Summary Americans for the Arts has recognized 4Culture, its project partners and collaborating artists, for 4 of the 49 outstanding public art projects...
Mt. Baker Housing, Lake Union Partners and HAL Real Estate Announce 3.2 Acre ‘Grand Street Commons’ Affordable Housing, Mixed-Use Project in Seattle’s Judkins Park Neighborhood
Large-Scale, Transit-Oriented Development Slated to Add 300 ‘Family-Sized’ Affordable Homes and Approximately 400 Market-Rate Units Near Future Light Rail Station Contaminated Site Clean-up...
Security Properties Buys Lacey Apartment Complex for $54.5MM
SEATTLE, June 27, 2018 – On June 15, 2018, Security Properties and a university endowment purchased Marq on Martin, a Class A multifamily...
City of Seattle and JLL Bring 2.6-Acre Mercer Mega Block to Market in South Lake Union
SEATTLE – June 25, 2018 – JLL announced plans today to bring Mercer Mega Block, a versatile 2.86-acre land site located in Seattle’s...
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...
