CBRE
LPC West, Intercontinental Real Estate Corporation Break Ground on 197,000 SQFT Life Science Development in Seattle
SEATTLE –– Ground broke Wednesday on a new 197,000-sq.-ft., 9-story, purpose-built life sciences development in downtown Seattle named 222 Fifth. The project is...
Cadman Materials Offers up for Sale Site in Bellevue with Potential Pricing of $120MM to $130MM
By Jon Peterson The recent activity in commercial development across the Eastside has provided opportunities for owners to explore selling excess land parcels. Redmond-based...
EverWest Pays $19.8MM for Seven-Building Industrial Portfolio in Lynnwood
By Catherine Sweeney EverWest, a Denver-based real estate investment company, is growing its industrial portfolio in the Puget Sound. In a recent transaction,...
REDCO Development Buys Iconic Ballard Warehouse & Former Home of Hales Ales for $8MM
REDCO Development, a Bay Area-based developer focused on adaptive reuse and value-add industrial properties, and financial partner Blackbird Investment Group closed on the...
Tenant Improvements that Convert Office Vacancies to Long-Term Occupancy
Office Design Trends for the New Workplace By James Simeo, FAIA, LEED AP At a recent CRE symposium on the Los Angeles market,...
32,000 SQFT South Bay Landing Property in Seattle up for Sale with Pricing Guidance of $17MM
By Jon Peterson An entity associated with the CEO and President of Seattle-based Glacier Fish Company has offered up for sale the 32,227...
Breakthrough Properties, a Tishman & Bellco JV, Raises $3B to Develop Life Science Projects
Breakthrough Closes Largest Ever Dedicated Life Science Real Estate Fund, Excluding Recapitalizations of Existing Portfolios Final Closing Surpasses Initial $1.5 Billion Target to Support World’s...
Retail Power Center in Mount Vernon, Wash., Trades for $18.4MM
SEATTLE – April 27, 2022 – CBRE announced the $18.4 million sale of Skagit Valley Square, a 166,800-sq.-ft. retail power center in Mount Vernon,...
Report: Data Centers See Nationwide Surge in Demand
By Catherine Sweeney Across the United States, data centers are reporting heightened demand. While data center demand was largely accelerated by the COVID-19...
$85.5MM Construction Loan for 252-Unit Apartment Development in Shoreline, Wash.
Seattle – April 20, 2022 – CBRE facilitated a $85.5 million construction loan for Ion, a 252-unit Class A apartment community in Shoreline, Wash. Bill...
Auburn’s Windsor Park Apartments Trades in Equity Deal Worth $23.8MM
By Vladimir Bosanac In a transaction that closed on April 14, an apartment complex in Auburn sold for $23,810,000, or roughly $150,696 per...
Report: Seattle Office Market Lays Ground for Recovery
By Meghan Hall Like many core, urban markets around the country, Seattle sat largely frozen as waves of the pandemic continued to arise....
