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AECFeaturedFinanceHospitalityIndustry News

Everwild Nordic Spas Hunts Washington Sites, Targeting 80,000 SQFT Urban Buildings and 5-Acre Parcels

First Western Properties has been tapped to source Washington acquisition targets for Everwild Nordic Spas & Hotels, the Basecamp Resorts brand that is...

Warehouse with trucks
FeaturedFinanceIndustrialIndustry NewsLeasing

South Sound Industrial Splits in Two as Big Tenants Return and Small-Bay Absorption Stalls at 9.8% Vacancy

Lee & Associates' August South Sound industrial report shows overall vacancy easing to 9.8 percent as tenants chasing blocks of 300,000 square feet...

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CommercialFinanceIndustry News

Ventas-Linked Buyer Pays $24.1MM for Kent Senior Living Community

A Ventas-linked buyer pays $24.1 million for the Arbor Village senior living community in Kent, well below KKR's $41 million purchase in 2018.

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AECIndustry NewsRetail

Boo Han Market Secures Permits for Third Store at Former 18,870 SQFT Grocery Outlet in Federal Way

A family-owned Korean grocer that started in a Lakewood garage nearly five decades ago has now cleared a construction milestone toward opening its...

Apartment buildings
FeaturedIndustry NewsResidential

Seattle’s Apartment Boom Skipped Families, With Only 14.5% of Rentals Offering Three or More Bedrooms

A Berkadia analysis of Seattle's rental stock finds the metro has spent its building cycle on studios and one-bedrooms, leaving renter families to...

warehouse facade
FinanceIndustrialIndustry News

Two-Building, 28,000 SQFT Willows Northwest Portfolio Trades for $10.9MM in Redmond

A pair of 1984-built office and warehouse buildings on adjacent Redmond parcels traded for $10.9 million, or roughly $391 per square foot, more...

Apartment buildings in Seattle with the Space Needle in the background
CommercialFinanceIndustry NewsRetail

Schuster Group Affiliate Sells Seattle’s Madison Center for $9.3MM

Nevolan 2711 LLC has paid $9.3 million for the four-parcel Madison Center retail and office complex from an entity tied to The Schuster...

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AECIndustry NewsResidential

PCP Opens 217-Unit Rove in Downtown Redmond, With a 270-Unit Second Act and a Third Site in Hand

PCP, the Cleveland multi-family office formerly known as Ponsky Capital Partners, opens its first Puget Sound apartment building two blocks from Redmond's light...

Fremont Cut, Lake Union Ballard Locks, Salmon Bay, Olympic Mountains
AECIndustry NewsResidential

Holland Partner Group, Tokyo Tatemono Break Ground on 185-Unit Fremont Apartment Project in Seattle

Demolition, grading and shoring are underway at the century-old North 36th Street retail strip Holland Partner Group and Tokyo Tatemono bought for $18.5...

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CommercialFinanceIndustry News

King County Hospital District 2 Buys 100,000 SQFT Evergreen Medical Office in Kirkland for $69.9MM

King County’s public hospital district has bought its way out of a landlord relationship at one of its busiest outpatient buildings, paying $69.9...

Seattle skyline from Lake Union
FinanceIndustry NewsResidentialRetail

Sequel Investment Company, Evergreen Gavekal Pay $35.05MM for 95-Unit East Howe Steps in Seattle’s Eastlake

IPA brokers the $35.05MM sale of East Howe Steps, a 95-unit mixed-use Eastlake apartment complex, and arranges acquisition financing.

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CommercialFinanceIndustry NewsRetail

Maverick Gaming to Shutter Two Tukwila Casinos, Cutting 238 Jobs and Emptying Buildings Sold in Previous $205MM Portfolio Sale-Leaseback

Kirkland-based Maverick Gaming will go dark at two adjacent Tukwila cardrooms on Nov. 1, eliminating 238 jobs and handing back a pair of...

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PNW CRE Rising Stars

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