Industry News
McNellis: Winter is Coming
By John McNellis As of last Friday, the S&P 500 was down 2.33 percent for the year. Like a dead rat in the...
Allianz Real Estate Ends a Strong Year in the US, Including Debt Investment in Seattle’s 200 Occidental Building
Allianz Real Estate deploys $728mn in new equity transactions in 2018, including the historic Ferry Building in San Francisco, 53 State Street in...
94-Unit Richland, WA Apartment Community Sells for $17.75MM
RICHLAND, WA, November 30, 2018 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the...
ELEVATE Seattle: Industry Celebrates Diversity & Women’s Leadership in Commercial Real Estate
The inaugural event gathered over 450 attendees from every part of the Puget Sound real estate industry SEATTLE, WA (December 6, 2018) –...
Sterling Organization Acquires 50,678 SQFT ‘Elliot Plaza’ in Seattle for $11.65MM in an Off-market Transaction
Palm Beach, FL, December 05, 2018 – SEATTLE, WA – Sterling Organization, a vertically integrated private equity real estate investment firm, has announced...
Port Raises the Roof! Topping Off Ceremony Marks Construction Milestone for International Arrivals Facility at Sea-Tac Airport
Updated facility scheduled to open in fall of 2020 SEATTLE, December 4, 2018 – In what will be a major upgrade for international...
CRISTA Ministries Purchases Amazing Grace Lutheran Church in Seattle for $3.6MM
Seattle Urban Academy to Relocate to Former Church Property Seattle, December 3, 2018 – In a transaction arranged by Colliers International, CRISTA Ministries...
CBRE Arranges $43.8MM Financing for New Cerasa Apartments in Bellevue, WA
BELLEVUE, WA, December 3, 2018 – CBRE Capital Markets’ Debt & Structured Finance team has secured refinancing for the new Cerasa Apartments, an...
Expedia Group Reveals Newest Designs for Seattle Campus Headquarters
BELLEVUE, Wash., November 29, 2018 – Expedia Group, Inc. today released new designs of its Seattle campus, depicting the world-class workplace which will open...
New Downtown Bellevue Luxury Development Will Be Home to Pacific Northwest’s First InterContinental Hotel
Bellevue, Wash. (November 28, 2018) – Fortress Development (www.fortressdevelopment.com) today announced new details about Avenue Bellevue, its luxury mixed-use project in downtown Bellevue,...
Evergreen Point Announces the Opening of Cerasa Apartments in Bellevue, WA
Evergreen Point Development is pleased to announce the opening of Cerasa, a luxury apartment development in Bellevue, WA. The 8-story mid-rise offers 154...
Port of Seattle 2019 Budget and Five-Year Plan Makes Major Investments in Seattle’s Working Waterfront, Seattle-Tacoma International Airport, and Near-Port Communities
New infrastructure, economic development, environmental, and community health top priorities list SEATTLE – The Port of Seattle Commission today approved its 2019 budget...