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Haggen Grocery in Olympia
FinanceIndustry NewsRetail

75,000 SQFT Haggen Grocery in Olympia Hits Market at $19.3MM After Albertsons Extends Lease Through 2039

A Ketchum, Idaho-linked owner that paid $12 million for the West Olympia site in 2014 is testing whether a freshly extended Albertsons lease...

Washington capitol building in Olympia
FinanceIndustry NewsResidential

Mill Pond Development Site in Olympia Hits Market for $3.5MM With Plans for 90 Apartments

A Thurston County parcel zoned Neighborhood Village has hit the market for $3.5 million with plans for 15 one-bedroom, 60 two-bedroom and 15...

Washington State capitol building
FinanceIndustry NewsResidential

FPA Multifamily Buys 283 Units Across Two Olympia Apartment Communities for $43.7MM

FPA Multifamily buys Evergreen Garden and Rock Maple Village, 283 units in Olympia, for $43.7MM, or $154,417 per unit, from developer Bender Equities.

townhomes
FinanceIndustry NewsResidential

125-Unit Chambers Reserve Build-to-Rent Townhome Community in Lacey Sells for $53MM

The newly built Lacey community of three- and four-bedroom townhomes sold for about $424,000 per unit, roughly 53 percent above the Puget Sound...

Construction beam lifted
AECIndustrialIndustry News

Thurston County Approves $24.6MM Contract to Move Lacey Waste Center Off Settling Landfill

Thurston County approved a $24.6 million design-build contract with Forma Construction and TCF Architecture to reconfigure its Lacey Waste and Recovery Center.

Washington capitol building in Olympia
FinanceIndustry NewsRetail

Olympia’s Capital Mall Among Five in $437MM Starwood Portfolio Back in Special Servicing

Capital Mall in Olympia is one of five regional malls backing a $436.9 million CMBS loan that tumbled back into special servicing on...

the-blowup-grXIcKhqeQU-unsplash-casino
AECHospitalityIndustry News

Nisqually Tribe Launches 75,000 SQFT Red Wind Casino Expansion Near Olympia

The Nisqually Indian Tribe is set to break ground this month on a roughly 75,000-square-foot expansion of its Red Wind Casino off Yelm...

Washington capitol building in Olympia
CommercialFinanceIndustry News

Washington State Lists Two Downtown Olympia Buildings, 28,000 SQFT, for Sale Near Capitol Campus

The Washington State Department of Enterprise Services has opened public bidding on two adjacent state-owned buildings occupying half a block near the Capitol...

Office building
AECCommercialFinanceIndustry News

Thurston County Opens 56,000 SQFT Sheriff’s Headquarters in Former State Parks Building After $14.25MM Tumwater Buy

A former state agency headquarters near Interstate 5 has become the long-sought single home for Thurston County's law enforcement operations, financed entirely outside...

Washington capitol building in Olympia
FinanceIndustry NewsResidential

$11.1MM Loan Secured for 79-Unit Olympia Apartments

Thurston County's apartment vacancy rate just hit its highest point in a decade, yet a lender was still willing to write a 30-year,...

Housing graphic
AECIndustry NewsResidential

Olympia Clears 478-Unit West Bay Yards on Budd Inlet, Denying Environmental Appeal

West Bay Development Group cleared a critical hurdle for its long-planned waterfront redevelopment when Olympia's hearing examiner approved shoreline permits and rejected an...

image of warehouse interior
FinanceIndustrialIndustry NewsLeasing

64,000 SQFT Mottman Industrial Park Property Trades for $18.7MM in Tumwater

A repositioned 64,260-square-foot storage building at Tumwater's Mottman Industrial Park has changed hands for $18.7 million, the largest of four Thurston County industrial...

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