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Bellevue Skyline
AECCommercialIndustry NewsResidential

Meta’s Spring District Retreat: Bellevue’s Office-to-Apartment Pivot Gathers Steam

Developer Wright Runstad pivots abandoned tech campus sites to housing as sublease glut reshapes Bellevue’s largest mixed-use project When Meta Platforms signed an...

Bellevue Washington Cityscape and Meydenbauer Bay Aerial View
CommercialFinanceIndustry News

Gaw Capital Acquires Bellevue’s Bellefield Office Park for $87.5MM in Deed-in-Lieu Transaction

Gaw Capital Partners acquired a 550,000 square foot campus in Bellevue for $87.5 million through a deed-in-lieu of foreclosure, highlighting a surge in...

bellevue (2)
CommercialFinanceIndustry NewsNews Releases

Shorenstein, Wright Runstad Transact Three Spring District Properties in Bellevue to Blackstone and Drawbridge Realty

(Editor’s Note: According to industry reports, Blackstone acquired a 40 percent stake each in Blocks 5 and 6, and the combined value of...

dave-maulana-ferros-qM7tLvFDXRQ-unsplash
CommercialIndustry NewsNews ReleasesRetail

Blackstone’s ShopCore Properties, ROIC and EQ Office Rebrand as Perform Properties with Focus on Shopping Centers, Office Assets

SANTA MONICA, Calif. — May 15, 2025 — ShopCore Properties (“ShopCore”), Retail Opportunity Investments Corp. (“ROIC”), and EQ Office (“EQ”) today announced the...

marcin-jozwiak-warehouse
FinanceIndustrialIndustry News

Pine Forest Properties Buys 204,300 SQFT Warehouse Property in Everett for $51MM

By Kate Snyder An industrial property in Everett that serves as an Amazon fulfillment center has traded hands, according to Snohomish County public...

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

AWH Partners Sells 240-Room Embassy Suites by Hilton in Lynnwood for $18MM

By Kate Snyder Another hotel property in the Puget Sound region has traded hands, this time in Lynnwood. The 240-room property, an Embassy...

victor-UoIiVYka3VY-unsplash
FinanceIndustrialIndustry News

Kennedy Wilson Buys 204,500 SQFT Industrial Building in Auburn for $43.8MM

By Kate Snyder An industrial property in Auburn traded hands recently, showing that the region continues to see sales transaction activity. The property...

vitaliy-grin-Cj_CA9GmYsE-unsplash
FinanceIndustrialIndustry News

44,000 SQFT Industrial Property in Monroe Trades Hands for $11.7MM

By Kate Snyder An industrial property has traded hands in Monroe. The asset was purchased for $11.7 million, or approximately $266 per square...

sean-mungur-mDFr9aYfNc-unsplash-motel
FinanceHospitalityIndustry NewsNews Releases

OYO to Acquire Motel 6 Parent Company from Blackstone Real Estate for $525MM

New Delhi & Dallas – September 20, 2024 – Oravel Stays, the parent company of the global travel technology company OYO, today announced...

7575 164th ave redmond
FinanceHospitalityIndustry News

Blackstone Sells 180-Room Residence Inn by Marriott in Redmond for $34MM

By Kate Snyder Another hotel property in the Puget Sound region has traded hands, this time in Redmond. The buyer was an entity...

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AECCommercialFeaturedIndustrialIndustry News

CNBC: How AI and Digitalization are Driving the Data Center Real Estate Market

In the rapidly evolving landscape of real estate investment, data centers have emerged as a lucrative asset class, capturing the attention of investors...

ryan-parker-seQbRNo90Xw-unsplash-2-warehouse industrial
FinanceIndustrialIndustry News

KKR Buys 286,350 SQFT Industrial Property in Auburn for $58.5MM

By Kate Snyder An industrial property has traded hands recently in Auburn. The building, a warehouse with some office space, was sold by...

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