Industry News
BECU to Expand Presence in Downtown Seattle with New Financial Center
One of credit union’s largest locations to serve members who live, work and play in Seattle Seattle (February 22, 2017) — BECU, Washington’s...
Hersha Hospitality Buys South Lake Union Hotel from Vulcan for $79MM
PHILADELPHIA, PA — February 22, 2017 — Hersha Hospitality Trust (NYSE: HT, “Hersha” or the “Company”), owner of upscale hotels in urban gateway...
Kidder Mathews Acquires Alden Management Group
Portfolio Grows to 45 million square feet Irvine, Calif. (February 21, 2017) – Kidder Mathews, a commercial real estate firm, announced it has...
Pacific Urban Residential Buys Wasatch Hills in Renton for $67.2MM
(EDITOR’S NOTE: According to public documents, the property sold for $67,244,853, or approximately $188,000 per unit, and it closed on February 15, 2017....
Susan Boyd Elevated to CEO at Bellwether Housing
Feb. 15, 2017 SEATTLE – After a thoughtful and extensive nationwide search engaging more than 150 prospects from a variety of sectors, the...
Longtime Northwest Real Estate Fund Manager Launches New Firm in Bellevue
BELLEVUE, Wash., Feb. 6, 2017 — Seattle area hedge fund manager Blake Robbins, formerly of Overlake Capital, has launched a new firm. Robbins’s...
Terreno Realty Corporation Spends $7.8MM for Industrial Building in Seattle
Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial property...
Amazon to Create 2,000 Jobs at New Air Cargo Hub
SEATTLE–Jan. 31, 2017– (NASDAQ:AMZN)—Amazon has been an active member of the business community in Kentucky for nearly 20 years, employing more than 10,000...
Downtown Residence Inn by Marriott to Help Usher in Seattle Hotel Boom
Seattle – (January 31, 2017) – Mortenson Construction this week marked the topping out of the 15-story, 302-room Residence Inn by Marriott at...
$325MM Capital Stack Arranged for Seattle Tower
New Joint Venture Resurrects Stalled Project in Belltown Submarket; Secures Favorable Construction-to-Permanent Loan from Two of Newmark’s Correspondent Life Insurance Lenders SEATTLE, WASHINGTON...
Commercial Office Interiors Merges with Silicon Valley Powerhouse InsideSource
Seattle, WA (January 30, 2017) – Commercial Office Interiors has merged with Silicon Valley-based workplace consultants and office furniture products powerhouse InsideSource. The...
ATLAS Workbase to Open First Facility in Seattle
Designed with Gensler and OpenSquare, created with partners FedEx Office, Steelcase and Philips Lighting, sets new standard for coworking spaces; modern and highly...