First Hill
Su Development’s Yesler Towers South Tower Opens, Bringing Project to 352 Units
The south tower at Su Development’s twin-building Yesler Towers has secured its temporary certificate of occupancy and started leasing, doubling the freeway-facing project’s...
Nordic Partners Investments Buys 107-Unit Monticello Apartments for $14.4MM in Seattle’s First Hill
The 107-unit Monticello Apartments drew multiple competing offers in an off-market process before selling for $134,579 a unit, well below Seattle’s broader multifamily...
Harborview Moves on Six-Story Medical Office Building on $52MM Yesler Terrace Site in Seattle
King County and UW Medicine have begun the public review process for a six-story medical office building atop seven levels of below-grade parking...
Synergy Breaks Ground on 37-Room Candlewood Suites at Seattle’s Swedish Cherry Hill After 13-Year Wait
A long-vacant sliver of land tucked inside a hospital parking garage on Seattle’s First Hill is finally moving after more than a decade...
SRM Development Lands $48.5MM Refinance on 178-Unit Gridline Apartments in Seattle’s Capitol Hill
SRM Development has retired the construction debt on its leased-up Gridline Apartments in Capitol Hill, closing a $48.5 million permanent loan from a...
105-Unit Alcove First Hill Micro-Apartments Hit the Market in Seattle
An entity affiliated with the managing partner of a Seattle social purpose corporation has put the 105-unit Alcove First Hill micro-apartment building on...
Spruce Street School Clears Permit Hurdle for 20,000 SQFT First Hill Campus Conversion
The 43-year-old private elementary school will trade its leased Denny Triangle home for an owned First Hill building, with classes targeted to begin...
AEW Capital Management Sells 75-Bed Senior Living Facility in Seattle for $13MM
The Mercer Island-based operator expands its Puget Sound footprint with the purchase of a 75-bed senior living community in one of Seattle’s most...
Perkins&Will, Mortenson Tapped for Six-Story Behavioral Health Building at Harborview’s Yesler Terrace Site
Seattle’s safety-net hospital pivots a once-stalled Kaiser Permanente parcel into the centerpiece of a $1.74 billion campus modernization, with construction targeted for 2027....
Swedish Health Services Taps CBRE to Market Trapezoidal Development Site in Seattle’s First Hill
The sale of 1401 Madison St. reflects a broader repositioning by major hospital systems as medical outpatient real estate commands record pricing nationwide....
Nordic Partners Investments Buys 79‑Unit John Winthrop Apartments in Seattle’s First Hill for $11MM
(Editor’s Note: According to King County public records, the sales price was $11 million, or about $139,240 per unit.) Seattle, Wash. (March 31,...
Red Tail Acquisitions Buys 115-Unit Exeter House Apartments for $25MM in Seattle’s First Hill
The 1927 property traded at roughly $217,400 per unit, well below comparable recent multifamily sales across Seattle’s urban core. An entity affiliated with...
