Industry News
Hughes Marino Settles Lawsuit with CBRE
(EDITOR’S NOTE: The information below is press release statement issued by Hughes Marino following the agreement that it reached with CBRE in March...
Innovation Realty Partners Secures $30MM Financing from The Benaroya Company for Sammamish Town Center
Sammamish, WA – March 15, 2018 – Innovation Realty Partners, LLC has secured $30 million in financing from The Benaroya Company to facilitate...
Construction Begins on Seattle Asian Art Museum Renovation and Expansion
Public groundbreaking ceremony commemorates start of work on major project to preserve and expand museum’s historic Art Deco building in Seattle’s Volunteer Park...
Equity Residential Acquires Chloe Apartments in Seattle’s Capitol Hill Neighborhood for $53.7MM
(EDITOR’S NOTE: The sales price for the property was $53.7 million, or approximately $458,974 per unit, according to King County records. Equity Residential,...
PCC Community Markets to Open Flagship Store in Rainier Square Development
The nation’s largest community-owned food market to be first major grocer to enter downtown in more than a decade SEATTLE – PCC Community...
Terreno Realty Corporation Acquires Building in Seattle for $42MM
SAN FRANCISCO–Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial...
Union Investment Acquires The Porter, 294-Room Hotel in Portland for ~$148MM
Another hotel acquisition for Unilmmo: Global / 294 rooms in a premium location Union Investment has acquired the boutique and lifestyle hotel The...
Skanska Signs $77.9MM Contract For New Central Kitsap Schools
SEATTLE – Skanska, one of the world’s leading construction and development firms, announced it has signed a $77.9 million general contractor/construction manager (GC/CM)...
BioMed Realty Introduces Dexter Yard Project Slated to Open in South Lake Union in Fourth Quarter 2020
SEATTLE – BioMed Realty has announced the arrival of Dexter Yard, its latest building in Seattle’s South Lake Union neighborhood. Located at 700...
HFF Announces $170MM Refinancing of 901 Fifth Avenue in Seattle
NEW YORK, NY – Holliday Fenoglio Fowler, L.P. (HFF) announces the $170 million refinancing of 901 Fifth Avenue, a 540,589-square-foot, Class A office...
NorthMarq Capital’s Seattle Office Arranges Refinancing of $23.2MM for Chateau Woods Apartments in Woodinville
SEATTLE – Stuart Oswald, senior vice president/managing director of NorthMarq Capital’s Seattle regional office, arranged a loan of $23,227,000 for the Chateau Woods...
U-Haul to Offer 3,800 Self-Storage Rooms at Former Boeing Offices
Tukwila 2-building complex on 112th Street is now U-Haul of Duwamish TUKWILA, Wash., Feb. 21, 2018 – U-Haul® will soon offer a contemporary...