downtown Seattle
JFP Partners Named Receiver for Three More Martin Selig Buildings in Seattle’s Lower Queen Anne
The transfer pushes the once-dominant Seattle landlord’s receivership tally past 20 buildings and seven parking lots in just over a year, a rollup...
Downtown Seattle Sets Recovery Records as Office Vacancy Climbs Near 35%
The Downtown Seattle Association’s July data shows apartment occupancy, hotel demand and transit ridership all beating or matching pre-pandemic benchmarks, even as office...
Downtown Seattle Draws 3.7MM Visitors in July as Worker Return Stalls at 64%
Downtown Seattle's summer visitor boom pushed foot traffic to 112 percent of pre-pandemic levels in July, yet the daytime office workforce remained stuck...
Rialto Denies Hudson Pacific’s Second Bid to Restructure $101MM Hill7 Loans in Seattle
Rialto Capital has rejected Hudson Pacific Properties' second attempt to restructure the $101 million in debt tied to its half-empty Hill7 tower in...
BXP Extends $250MM MetLife Loan on Safeco Plaza to 2028 as Seattle Tower’s Value Sinks Below Debt
Boston-based BXP and lender MetLife pushed out the maturity on Safeco Plaza's mortgage by more than two years and locked in a fixed...
Ardent Companies Acquires Loan on Steinhauer’s Pioneer Square Tower-and-Hotel Complex in $107MM Seattle Recapitalization
County records show that Atlanta-based The Ardent Companies has taken over the mortgage tied to Seattle's 255 South King Street complex, home to...
Hudson Pacific Rides Seattle Leasing Momentum as Downtown Vacancy Drops for First Time in Six Years
Hudson Pacific Properties said its Seattle portfolio now carries more deals in negotiation than any other market it owns, as fresh leases from...
King County Assessor Candidates Line Up Behind Homestead Exemption That Would Shift Tax Burden to Commercial Owners
The four candidates running to replace John Wilson as King County assessor have coalesced around a universal homestead exemption that would cut tax...
Davis Wright Tremaine Renews 112,000 SQFT Lease at BXP’s Madison Centre in Seattle
Long-Term Renewal in DWT’s Founding City SEATTLE – BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in...
Development Site in Seattle’s Belltown Hits Market with Options Ranging From 140 to 353 Units
A Belltown block occupied by three aging office buildings is testing whether entitlements alone can move a Seattle development site to sale, with...
Pacific Urban Investors Acquires 387-Unit A’Cappella Apartment Homes in Lynnwood for $112MM
CBRE announces $112 million sale of Lynnwood, Washington apartment community An affiliate of Pacific Urban Investors has purchased A’Cappella Apartment Homes, a 387-unit...
Seattle Chamber Music Society to Build 271-Seat Concert Hall Inside U.S. Bank Center
A 44-story downtown Seattle office tower that has spent the past several years fighting record-high vacancy is about to gain an unlikely new...
