News Releases
Redmond Technology Center Sells for $30.25MM
Seattle, Wash. (June 7, 2016) – Transwestern, a privately held commercial real estate company, has purchased Redmond Technology Center, a 101,855 square foot...
Mayor Launches Innovative Navigation Center for Unsheltered Homeless
Executive Order pursues replicating a new low-barrier comprehensive service center based on proven San Francisco model SEATTLE (June 9, 2016) – Mayor Edward...
Clark/Lewis, a Joint Venture, Named New Washington State Convention Center General Contractor/Construction Manager
General Contractor/Construction Manager to begin work immediately SEATTLE – June 8, 2016 – The Washington State Convention Center (WSCC) Public Facilities District announced...
Zillow Boosts Accuracy with Update to Zestimate Algorithm
A new model for new construction and increased computing power improves median error rate to 6 percent SEATTLE, June 8, 2016 — Zillow,...
Zillow: As the Housing Market Recovers, Negative Equity Concentrates in the Rust Belt
SEATTLE, June 8, 2016 — As the housing market continues to recover, homeowners who are underwater on their mortgages are increasingly concentrated in...
Redfin: Denver, Portland and Seattle are the Hottest Markets of 2016
Redfin-Designated Hot Homes Make Up a Larger Share of Listings in These Western Cities Than in Any Other Market SEATTLE — June 9,...
City of Seattle Awards $2MM in Community Health Care Facility Funding
SEATTLE (June 8, 2016) – The City of Seattle today announced three awards totaling $2 million to promote capital improvements in Seattle’s network...
CBRE Group, Inc. Rises to #259 in the FORTUNE 500
LOS ANGELES — CBRE Group, Inc. (NYSE:CBG) has been ranked at #259 on FORTUNE’s 2016 list of the largest U.S.-based companies. CBRE has...
Aquicore Raises $5MM Series A Round to Transform Building Energy Management
The funding round led by Kiddar Capital will strengthen Aquicore’s innovative approach to energy management WASHINGTON, D.C. (June 8, 2016) – Today Aquicore,...
Mayor Murray Asks Council to Approve $87MM Pacific Place Garage Sale
SEATTLE (June 7, 2016) – Mayor Ed Murray announced today he is sending legislation to the Seattle City Council to authorize the sale...
HFF Closes $20.75MM Sale of Hard Rock Café Seattle Building
SAN FRANCISCO, CA – June 7, 2016 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has closed the $20.75 million sale...
Ascentis Real Estate Partners Buys Redmond Technology Center for $30.3MM
(EDITOR’S NOTE: According to public records, the building was purchased for $30.25 million, or $297 per square foot.) BETHESDA, Md., June 6, 2016 —...