Industry News
Rising Rents Lead to Increased Homeless Population
If New York metro rents grow five percent, 3,000 more people will be forced into homelessness – Among large metros, New York, Los...
Evergreen Vale Apartment Community in Federal Way Sells for $20.25MM
August 3rd, 2017, Seattle, WA – Colliers’ Seattle Multifamily Team of Dylan Simon and Jerrid Anderson brokered the purchase of Evergreen Vale, a...
Mayor Murray Proposes Improvements to Design Review Program in Seattle
August 1, 2017 — Today, Mayor Ed Murray unveiled a proposal to make it easier and faster for new housing to be built...
New Sound Transportation Opens New State-of-the-Art Distribution and Cold Storage Facility in Fife
FIFE, Washington (August 2, 2017) – New Sound Transportation, LLC, a national leader in cold storage and distribution, announced today the opening of...
MainStreet Property Group Breaks Ground on The Bond, A 139-Unit Apartment Complex Located Next Door to Redmond’s Marymoor Park
Eco-Friendly, LEED Gold-Targeted Project to Feature 1.5 Acre Preserved Urban Forest, Large Outdoor Courtyard & Sports Complex with Stunning Views Redmond, Wash., August...
Seattle Climbs to #2 in CBRE’s Annual Tech Talent Scorecard
CBRE’s Scoring Tech Talent report also ranks Seattle as the top market for educational attainment and millennial population growth and the second highest...
CBRE Wins Property Management Assignment for J.P. Morgan’s 1918 8th Avenue and 818 Stewart Street in Seattle, a 1 Million SF Office Portfolio
SEATTLE – August 1, 2017 – CBRE announced today it has won the property management assignment for 1918 8th Avenue and 818 Stewart...
Hunt Mortgage Group & Freddie Mac Lead $44MM Refinance of Bellevue’s Soma Tower Phase II
Total funding equals $44 million NEW YORK, July 31, 2017 — Hunt Mortgage Group, a leader in financing commercial real estate throughout the...
Seattle Micro-Unit Apartment Building Sets Pricing Record at $790/NRSF
July 2017, Seattle, WA – Colliers’ Seattle Multifamily Team of Dylan Simon and Jerrid Anderson closed the sale of the region’s 3rd ever...
John Burns: Older Millennials Leaving the City
By Annie Radecki, Senior Manager The top-grossing restaurant in the Philadelphia metro used to be a French bistro in ritzy Rittenhouse Square, but...
Port Orchard Master Planned Community Officially Re-Launches With Phase I Sale of 172 Home Sites to Four Homebuilders
Established Homebuilders Benchmark Communities, Garrette Custom Homes, MainVue Homes and Zetterberg Custom Homes Purchase Home Sites; Companies Chosen for Superior Construction and Unique,...
Downtown Seattle Association Counts $5B in Downtown Construction Activity
Thriving urban core continues to draw new workers, residents and businesses SEATTLE – The Downtown Seattle Association’s 2017 Mid-Year Development Guide indicates a...