Industry News
Granite Awarded $39MM Light Rail Station Project in Seattle
WATSONVILLE, Calif. — Granite Construction Incorporated (NYSE:GVA) announced today that it has been awarded a $39 million sub-contract by Absher Construction Company to...
Avanath Capital Management Buys Seattle Workforce Housing Asset for $73.3MM
SEATTLE, Wash. – Avanath Capital Management, an institutional fund manager that invests in affordable and workforce housing, has acquired two workforce housing assets...
REI Confirms Relocation of HQ to Bellevue’s Spring District
SEATTLE – REI announced that it has finalized an agreement to relocate its headquarters to a section of the Spring District in Bellevue, Wash....
Hudson Pacific and Canada Pension Plan Investment Board Acquire Seattle’s Hill7 Tower for $180MM
LOS ANGELES & TORONTO–Hudson Pacific Properties, Inc. (NYSE: HPP) and Canada Pension Plan Investment Board (“CPPIB”) announced today that they have acquired through...
Zillow: West Coast To See Biggest Rent Increases Over Next Year
According to Zillow’s forecast, rents across the nation are expected to maintain a 1.7 percent growth rate, while rents in Seattle and Portland...
Joint Venture Triggers Construction Of New Tower In Downtown Seattle
LAS VEGAS, Oct. 6, 2016 — A joint venture partnership between a China-based real estate holding company and a Las Vegas-based real estate developer will trigger construction...
Council Roundup: Bellevue Primed For Major Transportation Loan
The City Council on Monday unanimously approved funding to pay the required administrative costs to apply for a $100 million federal loan. The...
Hyatt and R.C. Hedreen Company Announce Plans for a Hyatt Regency Hotel in Seattle
Hyatt Regency Seattle will be located in city’s vibrant Denny Triangle neighborhood, connecting guests to all Seattle has to offer CHICAGO — Hyatt...
At GLY Construction, the Next Generation of Leaders Carries Forward a Strong Legacy
On the brink of celebrating 50 years as a proudly Pacific Northwest company, GLY welcomes a new leadership team and two new owners...
Madison Marquette Purchases Downtown Seattle Parking Garage After Closing On $207MM Loan
SEATTLE, Sept. 29, 2016 — Madison Marquette, a private real estate investment and operating company, announced the purchase of the parking garage underneath...
Seattle Real Estate Startup Looks to Disrupt Real Estate Industry with Unique Value Proposition
Added Equity RE launches with disruptive model: Sell homes on Zillow, let sellers save thousands of dollars, and get out of the way....
U.S. and Chinese Universities Start Construction on Joint Tech Innovation Institute in Seattle Region
Leaders from the University of Washington, Tsinghua University, Microsoft and other local organizations came together Friday to celebrate to kick off construction of...