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Cantina Monarca Leases 8,000 SQFT Waterfront Flagship at Vulcan’s Lake Union Piers in Seattle

Bellevue-based Cantina Monarca is crossing Lake Washington with a waterfront flagship of about 8,300 square feet at Vulcan Real Estate’s Lake Union Piers,...

Seattle skyline at dusk
FinanceIndustry NewsResidential

Bell Partners Acquires 261-Unit Leva on Market in Seattle’s Ballard for $94.8MM

Greensboro, North Carolina-based Bell Partners has expanded its Puget Sound portfolio with the $94.8 million purchase of Leva on Market, a 2008-vintage mixed-use...

Apartment building facade
AECIndustry NewsLeasingResidential

Nitze-Stagen Opens Leasing at 193-Unit, Amazon-Backed Trace 4001 Near Seattle’s Othello Station

Financed with a $19.1 million Amazon Housing Equity Fund loan, a Forbright Bank construction loan and equity from local impact investors, the eight-story...

Apartment buildings in Seattle with the Space Needle in the background
CommercialFeaturedFinanceIndustry NewsResidential

Blackstone Says Rising Rates Hit Apartments Hardest as Data Centers Carry Q3 Real Estate Book

Blackstone told investors that its multifamily holdings absorbed the heaviest blow from widening cap rates in a third quarter marked by the sharpest...

markus-spiske-BTKF6G-O8fU-unsplash - retail
FinanceIndustry NewsRetail

Nuveen Buys 91,000 SQFT Safeway-Anchored Redondo Square in Des Moines for $32.1MM

The $32.1 million Redondo Square deal comes as CBRE reports institutional buyers targeting grocery-anchored centers in the Puget Sound region, where Kidder Mathews...

San Mateo, Essex Property Trust, BRE Properties
FinanceIndustry NewsResidential

Veritas Equity Partners Buys 70-Unit Viking Apartments in Lynnwood for $10MM

The 1962-built, seven-building complex near Edmonds College traded about 26 percent below its original $13.5 million asking price, though the longtime owner still...

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IndustrialIndustry NewsLeasing

Alliance Door Products Renews 119,000 SQFT in Sumner as District Leads Puget Sound Industrial Absorption

Building products distributor Alliance Door Products, part of the Lynden Door Family of Companies, renewed its 119,000-square-foot lease on Sumner's 142nd Avenue East...

microscope in a lab
AECFeaturedIndustry NewsLife Science

Seattle Lab Pipeline Goes Dark With Zero Construction, Leaving 1.8MM SQFT to Absorb

Seattle has no life science space under construction, and San Diego has joined it at zero while the Bay Area’s pipeline shrank to...

Seattle skyline
AECIndustry NewsResidential

Ravenna Partners Breaks Ground on 104-Unit Lachlan Apartments in Seattle’s Fremont Neighborhood

Seattle developer Ravenna Partners has started construction on Lachlan, an eight-story, 104-unit apartment building on a long-stalled lot beside Fremont Brewing, reviving a...

getty-images-PEJHeCeqREM-unsplash-grocery
FinanceRetail

PSP Investments, Nuveen Launch $790MM Grocery-Anchored Retail Venture With 19 Open-Air Centers

Canada's Public Sector Pension Investment Board and Nuveen Real Estate have launched a joint venture that has already deployed $790 million across 19...

Portland, Vancouver, Marcus & Millichap, Damascus, Canby, Amazon, Pacific Northwest,
FinanceIndustry NewsPortlandResidential

Clackamas’ 234-Unit Townhomes with a View Lands in Special Servicing as Expenses Squeeze $24MM CMBS Loan

A $24.1 million CMBS loan on NBP Capital's 234-unit Townhomes with a View in Clackamas, Ore., has moved to special servicer Rialto Capital...

Sparks from metal work
IndustrialIndustry NewsLeasing

Rainier Industries Renews 131,000 SQFT at Its Tukwila Headquarters on Olympic Avenue South

Rainier Industries, the 130-year-old Seattle-born maker of tents, displays, awnings and custom signage, has committed to another term at its 131,000-square-foot manufacturing headquarters...

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PNW CRE Rising Stars

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