Industry News

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University of Washington: Washington Home Prices Up 8.1 Percent Over Last Year in First Quarter of 2016

Washington state’s housing market showed the continuing effects of low supply in the first quarter of 2016. Sales were constrained and new building...

Mayor Murray Releases 20-year Growth Plan for Seattle

Mayor Ed Murray today transmitted his proposal to update Seattle’s 20-year Comprehensive Plan to the Seattle City Council. Seattle 2035 focuses on equitable...

Seattle to Explore Other Options for Civic Square Project

Mayor Ed Murray announced that the City (Seattle) will be exploring other options for the future of the Civic Square project. In March,...

Terreno Realty Corporation Acquires Building in Seattle for $4.7MM

SAN FRANCISCO – Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired...

Vulcan Purchases Bellevue Plaza for $45.35MM

The acquisition of the 60,000-square-foot retail complex highlights Vulcan’s continued expansion beyond its signature South Lake Union developments SEATTLE – May 3, 2016...

Redfin Report: Luxury Home Prices Fell 1 Percent in First Quarter

SEATTLE — May 3, 2016 — Global economic volatility rocked the U.S. luxury housing market in the first quarter of 2016, as the...

U.S. Housing Market Shows Signs of Flattening, According to HomeUnion

Meanwhile, investment home prices rose 8.5% in March IRVINE, Calif., April 27, 2016 – HomeUnion, an online real estate investment management firm and...

HFF Arranges $29.6MM Sale of Seattle Historic Office Building for Mack Real Estate Group

PORTLAND, OR – April 22, 2016 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has completed the sale of 1411 Fourth,...

Terreno Realty Corporation Acquires Building in Auburn, WA for $7.4MM

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...

Downtown Seattle Condominium Prices Were Unchanged in March Following Four Months of Successive Increases

Downtown Seattle Condominium Prices Remain Unchanged in March, Now 3 Percent Lower Than One Year Ago New Construction Inventory Declined 37 Percent in...

Marcus & Millichap’s IPA Division Expands to Seattle

SEATTLE, April 7, 2016– Institutional Property Advisors (IPA), a division of Marcus & Millichap specializing in serving institutional and major private real estate investors, is pleased...

Stonebridge Companies Selects Mortenson Construction to Break Ground on Residence Inn by Marriott in Denny Triangle

Crews begin work on the latest downtown hotel project amid heightened demand SEATTLE – (April 7, 2016) – Stonebridge Companies, a hotel owner, operator and developer headquartered...

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