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Hudson Pacific CEO Outs REI Among Brand-Name Tenants Circling Seattle Office Market

An offhand name-drop on the REIT's first quarter earnings call confirmed the outdoor co-op is hunting for new Puget Sound space, fueling speculation...

Bellevue Skyline
CommercialIndustry News

Healthcare Realty Lists 2.55-Acre Wilburton Central in Bellevue at $32MM as Covered-Land Redevelopment Play

The Nashville-based medical office REIT has tapped Cushman & Wakefield to market three contiguous parcels totaling 111,141 square feet along 116th Avenue NE,...

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FinanceIndustry NewsResidential

Muckleshoot Indian Tribe Pays $5.5MM for 16,700 SQFT Former Rite Aid at Puyallup’s Canyon Road Corner

A vacated big-box drugstore in Pierce County has changed hands at a price that reflects sustained demand for well-located suburban retail real estate...

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AECCommercialIndustry News

City of Tacoma Files Pre-Application for $13.5MM Replacement Fire Station 7 on 2.27-Acre SERA Campus

The new 13,500-square-foot station at 5801 South Tyler Street will sit on land Tacoma purchased from Parks Tacoma for $870,000 last August, replace...

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FinanceIndustrialIndustry News

Premier Storage Investors Pays $50.7MM for 139,700 SQFT West Coast Self-Storage in Bellevue

The Memphis-based pure-play storage roll-up, backed by an institutional endowment partner, lands a 2016-vintage Class A facility wedged between two Public Storage locations...

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AECFeaturedIndustry NewsResidentialRetail

Topgolf Tees Off, Alliance Residential Steps Up With 300-Unit Apartment Pitch at Everett Mall

A private-equity reset at Topgolf has redrawn the anchor tenant calculus at Brixton Capital's Hub @ Everett, opening the door for a multifamily...

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FeaturedHospitalityIndustry News

Seattle Hoteliers Stare Down Potential ‘Non-Event’ World Cup as 80 Percent Track Below Plan

Visa barriers, FIFA room block releases, and last-minute cost hikes are pulling Seattle into the most underperforming tier of the 11 U.S. host...

Rendering of townhome development design in Bellevue
AECIndustry NewsResidential

City of Bellevue Approves Soma Homes’ 19-Townhome Bel-Red Project on 1.15-Acre Office Site

The four-year-old Puget Sound builder will demolish a two-story business park at 12505 NE Bellevue-Redmond Road and replace it with four buildings of...

Indoor playground equipment
CommercialFinanceIndustrialIndustry NewsRetail

Second Nick’s Magnificent Playground Planned in 17,352 SQFT Redmond Building After $5.9MM Purchase

The buyer paid roughly $340 per square foot for the former Perma-Chink Systems headquarters near Marymoor Park and is already eyeing a third...

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AECCommercialFeaturedHospitalityIndustry NewsResidentialRetail

PMF Investments Lists 2.86-Acre Redmond Inn Assemblage as Mixed-Use Redevelopment Play Near Microsoft

The Bellevue investor, which paid $20.2 million for the 137-room hotel and adjacent Family Pancake House two years ago, has tapped Newmark to...

Apartments with Space Needle in the background
FeaturedFinanceIndustry NewsResidential

Pacific Development Partners Lists 57-Unit Union 18 in Seattle’s Capitol Hill

Santa Monica investor markets two-building, 45,822-SQFT property at 1140 18th Ave with appraised value of $12.7MM, roughly 39 percent below its $20.8MM acquisition...

Bellevue Washington Cityscape and Meydenbauer Bay Aerial View
AECFeaturedIndustry NewsResidential

Demolition Underway on Stalled Bellevue Hotel Foundation, Clearing Path for 146-Unit SRM Affordable Project

The teardown ends a nearly six-year stall on a 4.5-acre Mercer Slough-adjacent site and triggers Phase II of an Amazon-backed development designed to...

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