Eastside
Shidler to Sell Ground Lease on Microsoft Occupied Asset in Bellevue, Pricing could be $210MM
By Jon Peterson Honolulu-based The Shidler Group has put up for sale the ground lease that goes along with the 600,000 square-foot Advanta...
Eastside Office Vacancy Reaches Lowest Rates Since Dot-Com Era as Alibaba, General Electric Sign Leases
By Meghan Hall Positive news for investors continues to pour out of the Puget Sound’s Eastside markets, with increasing numbers of credit tenants...
Partners Group and Unico Acquire 227,811 SQFT Bellevue Connection in Rare, Off-Market Transaction
Partners Group, the global private markets investment manager, on behalf of its clients, and private equity real estate investment firm Unico Properties LLC, a subsidiary of...
Alliance Residential Company Snaps Up Redevelopment Site Near Downtown Bellevue for $12MM
By Meghan Hall Bellevue and the Eastside are experiencing a steady transition from family-owned businesses and properties to large scale development as investors...
Kidder Mathews Promotes Mike Grainger to Oversee Eastside Property Management Operations
Seattle, Wash. (January 17, 2019) – Mike Grainger, a 25-year commercial real estate veteran, has assumed responsibility for Kidder Mathews’ property management operations...
Keppel-KBS US REIT to Buy 21-Building Redmond Campus for $169.4MM
By Vladimir Bosanac A Singapore-based joint venture, Keppel-KBS US REIT, which has already made a splash in the Puget Sound region commercial real...
Skanska Acquires Land in Bellevue for $33MM, Plans 500,000 SQFT Commercial Development
(EDITOR’S NOTE: According to public documents, the land sold for $33 million in a transaction that closed on July 19, 2018.) Skanska plans...
TPG Real Estate Buys Six-Building Redmond Office Complex for $153.5MM
By Jon Peterson San Francisco-based TPG Real Estate has closed on the acquisition of the 536,958 square foot office complex Millennium Corporate Park...
The ‘Heron Flats + Lofts’ Opens in Downtown Redmond: Modern 95-Unit Apartment Building by MainStreet Property Group One of Only Six LEED Platinum-Certified Projects in State
High-End and Eco-Friendly: Sleek, Modern Residential Apartment Building Provides Distinctive Amenities Within Walking Distance of Nearby Parks, Restaurants and Retail at Redmond Town...
Shidler Group Acquires the 600,000 SQFT Microsoft-Leased Advanta Office Commons in Bellevue for $224.85MM
By Jack Stubbs A Honolulu-based company recently made moves to expand its portfolio in the region, acquiring a three-building office property in Bellevue...
Broderick Group’s Q2 Reports See Continued Market Robustness
By Michele Chandler The commercial real estate market is going strong in Seattle, while the Eastside area that includes Bellevue is benefitting from...
New Report Shows Tech Driving Leasing in Both Seattle and Bellevue Markets
By Brittan Jenkins While Amazon continues to be the market mover in Seattle with the two most notable leases in Q1 2017, another...
