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FinanceIndustrialIndustry News

Premier Storage Investors Pays $50.7MM for 139,700 SQFT West Coast Self-Storage in Bellevue

The Memphis-based pure-play storage roll-up, backed by an institutional endowment partner, lands a 2016-vintage Class A facility wedged between two Public Storage locations...

Hotel sign on top of silhouette of a hotel building
FeaturedHospitalityIndustry News

Seattle Hoteliers Stare Down Potential ‘Non-Event’ World Cup as 80 Percent Track Below Plan

Visa barriers, FIFA room block releases, and last-minute cost hikes are pulling Seattle into the most underperforming tier of the 11 U.S. host...

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...

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AECCommercialFeaturedHospitalityIndustry NewsResidentialRetail

PMF Investments Lists 2.86-Acre Redmond Inn Assemblage as Mixed-Use Redevelopment Play Near Microsoft

The Bellevue investor, which paid $20.2 million for the 137-room hotel and adjacent Family Pancake House two years ago, has tapped Newmark to...

Bellevue skyline with the marine in the forefront
AECIndustry NewsResidential

Dickson Crews Tear Down Stalled Bellevue Hotel Foundation, Clearing 4.5-Acre Site for SRM’s 146-Unit Altaire Project

The teardown ends a six-year stall on a Mercer Slough-adjacent parcel and resets the path for one of Bellevue’s largest affordable housing deliveries....

Investment graphic with people standing on money
CommercialFeaturedFinanceIndustry NewsPortland

Felton and Kucha Launch Felton Stern Capital Partners to Pursue Discounted Office and Flex Assets

The Lake Oswego-based platform debuts with three institutional properties and a contrarian mandate to acquire top-decile commercial real estate at reset valuations. Two...

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...

Kirkland, WA Waterfront Aerial Panoramic Lake Washington, Bellevue Skyline
CommercialFeaturedFinanceIndustry NewsLeasing

PMF Investments Sells 35,000 SQFT Homeport Building and 118-Slip Marina Site in Kirkland for $46MM

The trophy Lake Washington waterfront asset cleared a complex disposition shaped by mixed product types, a below-market anchor lease and deferred maintenance —...

Bellevue Washington Cityscape and Meydenbauer Bay Aerial View
AECCommercialFeaturedIndustry NewsResidentialRetail

Bellevue Reopens Its Downtown Playbook as Eastside Office Market Pulls Tenants From Seattle

City Council initiates Downtown Livability 2.0, a rewrite of the 2017 land use code aimed at the next wave of high-rise development across...

Skyline of Bellevue Washington
AECIndustry NewsResidentialRetail

Bosa Clears Bellevue Strip Mall to Build 143-Unit Park Row Condo Tower Next to Downtown Park

Vancouver-based developer begins demolition on $109MM, 22-story luxury project as Eastside condo inventory swells and pricing softens. Bosa Development has begun tearing down...

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AECFinanceIndustry NewsResidential

D.R. Horton Affiliate Acquires Multiple Parcels of Vacant Land in Tacoma for $15.8MM

The nation’s largest homebuilder picks up developable land from Japanese builder Ichijo USA in Pierce County, extending its residential pipeline in the South...

Bellevue Skyline
FeaturedIndustry NewsResidential

Bellevue Locks In 5,700-Unit Affordable Housing Target as Eastside Tech Boom Strains Market

The seven-year strategy more than doubles the city’s previous goal as record corporate leasing collides with rising rents and a regional construction slowdown....

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PNW CRE Rising Stars

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