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Seattle skyline from the waterfront
AECCommercialFinanceIndustrialIndustry News

Theater Designer Converts 8,510 SQFT Wallingford Industrial Building into ExoArts Black Box Venue in Seattle

A Seattle theatrical designer has acquired a nearly 60-year-old industrial building in Wallingford and tapped one of the region’s premier cultural-space architects to...

Rendering of hotel design
AECHospitalityIndustry News

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...

warehouse facade
AECCommercialFinanceIndustrialIndustry News

73,000 SQFT Read Products Interbay Industrial Property in Seattle Hits Market With 400,000 SQFT Development Upside

A Seattle ownership entity tied to Mark Revere’s fourth-generation packaging company has brought two long-held Interbay industrial buildings to market for the first...

industrial site
FinanceIndustrialIndustry News

BKM Capital Partners and Kayne Anderson Acquire 448,549 SQFT Kent Valley Industrial Park for $93.6MM as Part of Portfolio Deal

The $93.6 million acquisition of a portion of a Kent Valley industrial park by BKM Capital Partners and Kayne Anderson Real Estate represents...

Rendering of school building design
AECCommercialIndustry News

Bellevue School District Files Plans for Construction of 140,000 SQFT School in Wilburton Neighborhood

With land use applications now filed with the City of Bellevue, the Bellevue School District is advancing plans to demolish the aging International...

zac-gudakov-ejL8-QT7h64-unsplash-redmond
AECFinanceIndustry NewsNews Releases

Redmond Acquires 9.1-Acre Site from Heidelberg Materials for $38.5MM to Build New Maintenance and Operations Center

City Council Approves Acquisition of 9.1 Acres from Heidelberg Materials (Editor’s Note: CBRE PNW Capital Markets’ Tom Pehl, Charles Safley and Jeff Hodson...

Bellevue skyline with mountains in the background
CommercialFinanceIndustry News

Vulcan Real Estate Eyes Potential Deal on 365,000 SQFT Office Tower in Downtown Bellevue

The prospective acquisition — which would include the Amazon-leased West Main Tower 1 that Vulcan listed through Newmark in February — would mark...

University of Washington sign
AECCommercialFeaturedIndustry News

UW’s Iconic Suzzallo Library Gets a $21.5MM Seismic Overhaul to Survive the Next Century in Seattle

The University of Washington is spending $21.5 million to anchor Suzzallo Library’s masonry, towers and 18 exterior statues against the next major Cascadia...

groundbreaking
AECIndustry NewsResidential

PMB, The Springs Living Break Ground on 225-Unit Senior Living Community in Issaquah

Healthcare real estate developer PMB and Oregon-based operator The Springs Living have started construction on a 225-residence senior living community in the Issaquah...

PS Business Parks, Blackstone, San Francisco, Los Angeles, Inland Empire, Seattle industrial real estate warehouse
FinanceIndustrialIndustry News

Blackstone Affiliate Sells 81,215 SQFT Andover Distribution Center in Tukwila for $35.3MM to Kayne Anderson

At roughly $435 per square foot for a 1966-vintage building on nearly 7.7 acres near Sea-Tac Airport, the May 26 transaction signals that...

alex-rosas-DYN_megHLB0-unsplash-west seattle
FinanceIndustry NewsResidentialRetail

Madison Development Group Lands $60.8MM Fannie Mae Refi on 216-Unit Spruce in West Seattle

Issaquah-based Madison Development Group has secured $60.8 million in Fannie Mae refinancing for Spruce, the 216-unit West Seattle apartment and retail complex it...

Bellevue skyline
AECIndustry NewsResidentialRetail

Transforming Age Bets on 1,000-Unit, Mass-Timber EverGlen Village to Crack Bellevue’s Affordability Gap

A nonprofit developer has advanced plans for EverGlen Village, a more than 1,000-unit affordable senior housing community spread across five mass-timber buildings on...

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