Industry News
Seattle City Council Paves Way for Washington State Convention Center Addition
Unanimous, 9-0 vote a major milestone, enabling project to begin this summer SEATTLE (May 9, 2018) – On Monday, the Seattle City Council,...
Arrivé Mixed-Use Tower in Seattle Celebrated Topping Out
Seattle, Washington (May 9, 2018) – PCL Construction Services, Inc., along with the rest of the project team, celebrated the topping out of...
Terreno Realty Corporation Acquires Building in Renton for $6MM
Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial property...
Urban Visions and Mitsui Fudosan Announce Opening of Seattle’s West Edge
Seattle, WA (May 8th, 2018) – Local developer Urban Visions and joint venture partner Mitsui Fudosan America announced today that West Edge, their...
Wells Fargo Wealth Management Acquires Olympic Industrial Park in SeaTac for $12.95MM
SeaTac, May 8, 2018 – Olympic Industrial Park, a two-building, 94,739-square-foot industrial complex just outside downtown Seattle in SeaTac, WA, recently sold for...
Skanska Shares Details for Multifamily Development on 4th Avenue in Seattle
Proposed project is a sustainable 30-story residential tower with ground-level retail SEATTLE – Skanska today shared preliminary details from its Early Design Guidance...
McNellis: Does WeWork at All?
Company discloses $1 billion losses in bond offering By John McNellis [dropcap]W[/dropcap]all Street’s biggest houses just hawked $702 million in junk bonds for...
Colliers Sets Pricing Records, Sells Two Properties in Seattle’s U-District for Combined $10.4MM
May 4, 2018, Seattle, WA – Dylan Simon and Jerrid Anderson of Colliers’ Seattle Multifamily Team set new pricing records for the region,...
JB Matteson Acquires 153-Unit Origin Apartments in Seattle for $53MM
SEATTLE (May 7, 2018) – JB Matteson, Inc., a San Francisco Bay Area-based private real estate investment manager, announced today the $53 million...
Blackstone to Acquire Gramercy Property Trust in $7.6B Transaction, Seller Owns Nearly 500,000 SQFT in Puget Sound
(EDITOR’S NOTE: Blackstone Real Estate Partners VIII, which is making the acquisition, is a-$15.8 billion opportunity fund that Blackstone closed in October 2015,...
Gaw Capital Partners Closes Gaw Capital US Fund III, Meeting its Hard Cap at US$412MM
Los Angeles (May 4, 2018) – Real estate private equity firm Gaw Capital Partners announced the final close of its third US value-added...
Local Affordable Housing Developer Mt. Baker Housing Announces Plans for More Than 160 New Affordable Housing Units, New Home for Rainier Valley Food Bank and Innovative ‘Community Food Center’
New Apartment Homes Within One-Quarter Mile of Rainier Beach Light Rail Station to House Individuals/Families at 50-60% Area Median Income and Feature 2-3...