Subscribe
Home AEC Lenders Take Control of Westbank’s Stalled 1.2MM SQFT Seattle Tower Development
AECFinanceIndustry NewsResidential

Lenders Take Control of Westbank’s Stalled 1.2MM SQFT Seattle Tower Development

October 28, 20252 Mins read2.2k
Share
robert-ritchie-JEicDFy5Cd8-unsplash-seattle
Photo by Robert Ritchie on Unsplash
Share

By The Registry Staff After seven years of construction delays, the ambitious WB1200 project in Seattle's Denny Triangle has been returned to the lender, with original developer Westbank no longer in control of the nearly 1.2 million-square-foot development at 1200 Stewart St. Recent financing documents recorded in King County reveal that lenders have effectively taken […]

Thank you for your interest in The Registry. If you'd like to read further, you must Subscribe or Log In below to read the rest of this content.

Share
Beyond Inc, Zulily, Overstock, Midvale, Bed Bath & Beyond, Baby & Beyond, Seattle Previous post Seattle Retail Market Sees Vacancy Rise to 3.8% as Leasing Activity Falls to Five-Year Low

2026 Pacific Northwest CRE Rising Stars

PNW CRE Rising Stars

Featured Posts

text reading AI

AI Demand Steadies Puget Sound Office Market as Vacancy Settles at 23.3%

ByOctober 16, 2026


Recent Posts

View of lake Sammamish and Issaquah from Poo Poo Point

Issaquah Taps Final $3.4MM to Ready 21,000 SQFT Maple Street Office Building for 2027 City Hall Move

ByOctober 17, 2026
Buildings

Wallace Properties Pays $6.6MM for 23,000 SQFT Creekside Professional Center, Topping Investor Office Pricing in Puget Sound’s Northend

October 17, 2026
Warehouse with trucks

DSV Builds 750,000 SQFT Semiconductor Logistics Hub in Hillsboro, the Portland Market’s Tightest Submarket

October 16, 2026
Industrial property with red trucks

Panattoni Readies 583,000 SQFT Mt. Vista Logistics in Vancouver as Orchards Availability Sits at 19.5%

October 16, 2026
zac-gudakov-ejL8-QT7h64-unsplash-redmond

KBS Sells 107,000 SQFT Offices at Riverpark in Downtown Redmond to Palisade Group, Olive Point Joint Venture for $27.5MM

October 16, 2026
Related Articles
View of lake Sammamish and Issaquah from Poo Poo Point
AECCommercialIndustry News

Issaquah Taps Final $3.4MM to Ready 21,000 SQFT Maple Street Office Building for 2027 City Hall Move

Issaquah is spending the last $3.4 million of a $16.3 million one-time-funded...

ByOctober 17, 2026
Buildings
CommercialFinanceIndustry News

Wallace Properties Pays $6.6MM for 23,000 SQFT Creekside Professional Center, Topping Investor Office Pricing in Puget Sound’s Northend

Bellevue-based Wallace Properties paid $6.6 million for the 22,658-square-foot Creekside Professional Center...

ByOctober 17, 2026
Warehouse with trucks
AECIndustrialIndustry NewsLeasingPortland

DSV Builds 750,000 SQFT Semiconductor Logistics Hub in Hillsboro, the Portland Market’s Tightest Submarket

DSV's 750,000-square-foot owner-occupied hub in Hillsboro is the only one of the...

ByOctober 16, 2026
Industrial property with red trucks
AECIndustrialIndustry NewsLeasingPortland

Panattoni Readies 583,000 SQFT Mt. Vista Logistics in Vancouver as Orchards Availability Sits at 19.5%

Panattoni is finishing one of the largest speculative warehouses in Clark County...

ByOctober 16, 2026
© Copyright 2024 Jellywp. All rights reserved powered by Jellywp.com