Industry News
CPAH Breaks Ground on 96-Unit Jamii Court Family Housing Project in Southwest Portland
Nonprofit developer converts former motel-turned-shelter into a five-story, family-focused affordable community backed by $15.1 million in Metro Bond funding Community Partners for Affordable...
57-Unit Capitol Hill Studio Building Vitality on Howell Lists at $9.5MM, Priced 15% Below Appraisal
Greenbuild Development affiliate puts 57-unit 2016-vintage asset on the market at $166,667 per unit as Capitol Hill supply pipeline shrinks to 139 units....
Bellevue Investor Relists 51-Unit Viewland Apartments in Seattle’s Greenwood for $20MM Months After Acquisition
The ownership group is testing the market with a quick re-trade of the newly built North Seattle asset, anchored by a rare assumable...
The Data Center Bargain: What Every Town Should Demand
Free power. Free heat. Clean water. The bargain every town should be demanding. By Billy the Broker (I just want to stay anonymous)...
Teutsch Partners Sells 1.82-Acre Lakewood Contractor Services Property for $8.4MM
University Place investor lands a contractor supply yard on 26th Avenue South leased to Foundation Building Materials as Pierce County retail tightens A...
Muckleshoot Indian Tribe Pays $5.5MM for 16,700 SQFT Former Rite Aid at Puyallup’s Canyon Road Corner
A vacated big-box drugstore in Pierce County has changed hands at a price that reflects sustained demand for well-located suburban retail real estate...
Everett Unveils Site Plan for $120MM Downtown Stadium Anchoring AquaSox, USL Future
The preliminary aerial map of the Everett Outdoor Event Center pins a 5,000-seat ballpark between Broadway and the BNSF rail corridor, framed by...
Prosper Portland Considers Taking Back Two Old Town Buildings via Deed-in-Lieu of Foreclosure After $7MM Loan Default
The city’s economic development agency expects to assume control of 208 and 234 NW Fifth Avenue this week, ending a controversial 14-month bet...
CRP Properties Lists for Sale Historic 53,700 SQFT Jackson Tower in Downtown Portland
The 1912-built clock-topped landmark at 806-818 SW Broadway re-enters the market as Portland’s downtown office vacancy posts its first quarterly decline in three...
City of Tacoma Files Pre-Application for $13.5MM Replacement Fire Station 7 on 2.27-Acre SERA Campus
The new 13,500-square-foot station at 5801 South Tyler Street will sit on land Tacoma purchased from Parks Tacoma for $870,000 last August, replace...
KG Investment Properties Sells 67,800 SQFT O’Shea Building in Seattle for $16.9MM
A Seattle-based enetity acquired the 1915-built downtown landmark on a 13,560-square-foot corner across from Westlake Center for roughly $249 per gross square foot,...
SoFi Lands 33,000 SQFT Lease at Kilroy’s West8 Tower in Seattle’s Denny Regrade
The fintech firm’s expansion at the renovated 539,000-square-foot office tower extends a leasing run that has now produced 150,000 square feet of new...
