Industry News
125-Acre Governors Point in Puget Sound Offered For Sale; Available to Subdivide
SEATTLE—Oct. 27, 2016—Cushman & Wakefield Commerce in Seattle and CBRE have partnered to present Governors Point, an unparalleled investment opportunity for waterfront estate...
Rise Properties Debuts The First Grand Dame of Fort Lawton
Announces Grand Opening this Weekend October 29th & 30th (11am-5pm) A truly unique opportunity to own legacy real estate in Seattle Seattle, WA...
Seattle Mayor Murray Announces Upcoming Request for Proposals for Redeveloping KeyArena
SEATTLE (October 27, 2016) – Today, Mayor Ed Murray announced the City of Seattle will issue a request for proposals (RFP) in early January,...
City Officials Make Headway on Bellevue’s Eastside Rail Corridor and Grand Connection
On Monday, the City Council’s extended study session was bookended by presentations on the Eastside Rail Corridor (ERC) and Grand Connection. Both projects...
$87MM Sale of Pacific Place Garage in Seattle Closes
HFF closes $87 million sale of 1,240-stall parking garage in downtown Seattle PORTLAND, OR – October 26, 2016 – Holliday Fenoglio Fowler, L.P....
PCL Construction Restarts Work on Tower in Belltown
Bellevue, WA (October 26, 2016) – PCL Construction Services, Inc. has commenced construction on the 41-story high-rise in the Belltown area of Seattle...
BKM Capital Partners Buys 11-Building Industrial Asset in Tukwila for $19.8MM
Tukwila, Wash. (October 26, 2016) – BKM Capital Partners, an institutional fund manager with a niche focus on value-add, multi-tenant light industrial investments,...
Amazon Signs Lease to Fully Occupy Vulcan’s 428 Westlake Building in South Lake Union
SEATTLE – October 26, 2016 Vulcan Real Estate and partner McKinstry have leased 81,000 square feet of office space to Amazon at 428 Westlake Avenue...
Skanska Signs $43MM Contract for Tenant Improvements with Juno Therapeutics in Seattle’s South Lake Union
Skanska, one of the world’s leading construction and development firms, announced it has signed a $43 million contract with Juno Therapeutics to complete...
Greystone Provides $31MM Fannie Mae DUS® Loan in Tacoma
ARM Loan Provides Permanent Financing for Newly-Constructed Class-A Building in Tacoma NEW YORK, Oct. 24, 2016 — Greystone, a real estate lending, investment...
Griffis Residential Acquires 524-Unit Residential Asset in Bothell for $145MM
(Editor’s Note: The sales price of the property was $145 million, or $276,718 per unit, and a cap rate of 4.7 percent.) October 18,...
West Elm Opens Store in Bellevue
Retailer Showcases Selection of Washington-based Makers and Artisans BROOKLYN, N.Y.–West Elm announced today a new store in Bellevue, Washington, bringing approximately 30 jobs...