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AECCommercialIndustrialIndustry NewsLeasing

Amazon to Lease 1.2MM SQFT Kelso Warehouse, Expanding I-5 Fulfillment Footprint

The Trammell Crow-developed Mid I-5 Industrial Park, which delivered speculatively in December, will house an Amazon facility creating several hundred jobs along the...

View of lake Sammamish and Issaquah from Poo Poo Point
FinanceIndustry NewsResidentialRetail

Invesco Lists 99-Unit Saffron Mixed-Use Asset in Sammamish at $54.3MM Appraised Value

JLL and Newmark are marketing the value-add multifamily and 47,304-SQFT retail center in one of the Eastside’s most supply-constrained submarkets. Invesco Real Estate...

white modern apartment buildings
FinanceIndustry NewsResidential

Henbart Lists 44-Unit 101 Broadway in Seattle’s Capitol Hill, Pitching Assumable Debt Across From Light Rail

The 2017-built podium asset designed by Studio Meng Strazzara enters a Seattle multifamily market that brokers say has shifted from correction to recovery....

BioMed Realty Seattle South Lake Union Beebe Realty Dexter Yard Vulcan Real Estate Lakefront Blocks Deka Immobilien
FinanceIndustry NewsResidential

32-Unit Edric Apartments in West Seattle Hits Market at $12.5MM

The 2021-vintage, 97-percent occupied building is asking $390,625 per unit at a trailing 5.32 percent cap rate, pricing above current Seattle MSA averages....

Outdoor sports store
CommercialFeaturedIndustry NewsLeasingRetail

Hudson Pacific CEO Outs REI Among Brand-Name Tenants Circling Seattle Office Market

An offhand name-drop on the REIT’s first quarter earnings call confirmed the outdoor co-op is hunting for new Puget Sound space, fueling speculation...

Facade of an apartment building
FinanceIndustry NewsResidential

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....

Apartment building facade
FeaturedFinanceIndustry NewsResidential

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...

josh-hild-4AnHVIzkPn4-unsplash-seattle
CommercialIndustry NewsLeasing

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...

Rendering of townhome development design in Bellevue
AECIndustry NewsResidential

City of Bellevue Approves Soma Homes’ 19-Townhome Bel-Red Project on 1.15-Acre Office Site

The four-year-old Puget Sound builder will demolish a two-story business park at 12505 NE Bellevue-Redmond Road and replace it with four buildings of...

Pioneer Square district and Centurylink Field stadium in Seattle.
AECCommercialFeaturedIndustry NewsLeasing

Hudson Pacific’s Seattle Portfolio Splits Between Strong Denny Triangle, Struggling Pioneer Square

Washington 1000 sits 99.5 percent vacant 18 months after delivery as Pioneer Square holdings drag down portfolio averages. Hudson Pacific Properties’ Seattle office...

Apartments with Space Needle in the background
FeaturedFinanceIndustry NewsResidential

Pacific Development Partners Lists 57-Unit Union 18 in Seattle’s Capitol Hill

Santa Monica investor markets two-building, 45,822-SQFT property at 1140 18th Ave with appraised value of $12.7MM, roughly 39 percent below its $20.8MM acquisition...

Bellevue Washington Cityscape and Meydenbauer Bay Aerial View
AECFeaturedIndustry NewsResidential

Demolition Underway on Stalled Bellevue Hotel Foundation, Clearing Path for 146-Unit SRM Affordable Project

The teardown ends a nearly six-year stall on a 4.5-acre Mercer Slough-adjacent site and triggers Phase II of an Amazon-backed development designed to...

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