Industry News

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Stella Apartments in Seattle Sells for $6.85MM

Seattle, WA — September 25, 2017 — CBRE Capital Markets has arranged the sale of Stella Apartments, a 20-unit community in the First...

Global Prime Logistics Rents Climb Higher Amid E-Commerce Expansion and Seattle Leads Globally with 16.9% Prime Rent Growth

SEATTLE, WA – SEPT. 25, 2017 – U.S. industrial hubs posted the strongest growth in prime logistics rents for the past year, and Asian...

American Campus Communities Buys Interest in UW Property

AUSTIN, Texas – American Campus Communities, Inc. (NYSE:ACC), the largest owner, manager and developer of high-quality student housing properties in the U.S., today...

WoodSpring Hotels Strengthens Market Position in Extended Stay Lodging in the Pacific Northwest

CHARLOTTE, N.C.–WoodSpring Hotels, the nation’s fastest growing value extended-stay hotel company, has executed three additional license agreements with West77 Partners, a Bellevue, Washington-based...

John Burns: Correcting Demographic Misperceptions

By John Burns, CEO Our survey of almost 1,000 people showed eight significant demographic misperceptions. Read our book Big Shifts Ahead if you...

John Burns: Understanding the Single-Family Renter

By Mikaela Sharp, Research Analyst, and Chris Porter, Chief Demographer Single-family home renters earn more money, have more kids, and are more likely...

Construction Begins on Space Needle’s Historic Century Project Renovation

Innovation and ingenuity on display as work kicks off 500 feet in the air SEATTLE, Sept. 14, 2017 — The Space Needle, one...

Quadrant I-5 Corporate Park Building B Sells for $12.5MM

Seattle, Wash. (September 12, 2017) – SmartCap Group, a commercial real estate investment company, has purchased Quadrant I-5 Corporate Park, Building B, a...

Security Properties Concludes $392.5MM Asset Sale for First Fund

SEATTLE, Sept. 6, 2017 — Security Properties today announced that it has sold the last of the 17 assets that comprised its first...

Puget Sound Housing Market Hits New High for Summer Sales and a New Low for Inventory

September 6, 2017, BELLEVUE, WA – “It’s been the best summer for sales activity, with June, July, and August clocking in a record...

Final Close for DivcoWest’s Fifth Fund $1,585,000,888 Value-Add Real Estate Investment Fund

September 6, 2017 – Divco West Real Estate Services, LLC (“DivcoWest”), a privately-owned real estate investment firm headquartered in San Francisco, has held...

8 Big Housing Changes Thanks to Driverless Cars

By Rick Palacios Jr., Director of Research The combination of widespread ride-sharing and self-driving cars will reshape housing in 8 significant ways: Prime...

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