Industry News
CBRE Wins Property Management Assignment for J.P. Morgan’s 1918 8th Avenue and 818 Stewart Street in Seattle, a 1 Million SF Office Portfolio
SEATTLE – August 1, 2017 – CBRE announced today it has won the property management assignment for 1918 8th Avenue and 818 Stewart...
Hunt Mortgage Group & Freddie Mac Lead $44MM Refinance of Bellevue’s Soma Tower Phase II
Total funding equals $44 million NEW YORK, July 31, 2017 — Hunt Mortgage Group, a leader in financing commercial real estate throughout the...
Seattle Micro-Unit Apartment Building Sets Pricing Record at $790/NRSF
July 2017, Seattle, WA – Colliers’ Seattle Multifamily Team of Dylan Simon and Jerrid Anderson closed the sale of the region’s 3rd ever...
John Burns: Older Millennials Leaving the City
By Annie Radecki, Senior Manager The top-grossing restaurant in the Philadelphia metro used to be a French bistro in ritzy Rittenhouse Square, but...
Port Orchard Master Planned Community Officially Re-Launches With Phase I Sale of 172 Home Sites to Four Homebuilders
Established Homebuilders Benchmark Communities, Garrette Custom Homes, MainVue Homes and Zetterberg Custom Homes Purchase Home Sites; Companies Chosen for Superior Construction and Unique,...
Downtown Seattle Association Counts $5B in Downtown Construction Activity
Thriving urban core continues to draw new workers, residents and businesses SEATTLE – The Downtown Seattle Association’s 2017 Mid-Year Development Guide indicates a...
Owens Financial Group Provides $18.72MM in Acquisition Financing for Multifamily & Retail Asset
ELLENSBURG, WA – Owens Financial Group (OFG), based in Walnut Creek, CA, provided fixed rate bridge financing in the amount of $18,720,000 for...
Mayor Murray Transmits Legislation to City Council for Improved Civic Square Project Agreement with Bosa Development
Today, Mayor Ed Murray transmitted to City Council legislation authorizing the sale of the Civic Square project to Bosa Development to build a...
CSM Lodging Completes Aloft and Element Hotel Development in Redmond, WA
Newest addition to CSM’s extensive lodging portfolio serves Microsoft campus and more Minneapolis, MN (July 13, 2017) – CSM Corporation, a Minneapolis-based lodging,...
Seattle Mart Creative Office Building Sells for $14.6MM
Seattle, Wash. (July 13, 2017) – Vista Investment Group, a privately held commercial real estate investment company, has purchased Seattle Mart, an 82,218...
Terreno Realty Corporation Acquires Building in Seattle, WA for $4.0MM
SAN FRANCISCO — Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired...
Madrona Ridge Residential to be Fully Integrated Into Security Properties Under New Leadership
SEATTLE, July 10, 2017 — On July 10, 2017, Madrona Ridge Residential, an affiliate of Seattle-based Security Properties, is being fully integrated into...