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CommercialIndustry NewsLeasing

Apple Closes In on 195,000 SQFT Arbor Blocks Lease, Doubling Down on Seattle’s South Lake Union as Meta Retreats

The iPhone maker is in advanced talks to take the second Arbor Blocks building in Seattle, a deal that would lock in nearly...

white modern apartment buildings
FeaturedFinanceIndustry NewsResidential

Henbart Lists 44-Unit 101 Broadway in Seattle’s Capitol Hill, Pitching Assumable Debt Across From Light Rail

The 2017-built podium asset designed by Studio Meng Strazzara enters a Seattle multifamily market that brokers say has shifted from correction to recovery....

BioMed Realty Seattle South Lake Union Beebe Realty Dexter Yard Vulcan Real Estate Lakefront Blocks Deka Immobilien
FinanceIndustry NewsResidential

32-Unit Edric Apartments in West Seattle Hits Market at $12.5MM

The 2021-vintage, 97-percent occupied building is asking $390,625 per unit at a trailing 5.32 percent cap rate, pricing above current Seattle MSA averages....

Apartments with Space Needle in the background
FeaturedIndustry NewsLeasingResidential

Puget Sound Apartment Deal Flow Collapses as Buyers Hold the Line on Pricing

First-quarter transactions fell to 58 across the four-county region, with sales volume down 63 percent from the prior quarter as cap rates pushed...

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CommercialFinanceIndustry News

King County Buys 66,900 SQFT Kirkland 405 Office Building in Totem Lake for $32.6MM

The acquisition consolidates public ownership of a Totem Lake property already operating as a 24/7 behavioral health crisis center, with the seller absorbing...

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CommercialFeaturedIndustry NewsLeasingRetail

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...

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CommercialFeaturedFinanceIndustry NewsLeasing

Eastdil Tapped to Market 750,000 SQFT Bravern Towers in Bellevue After QSuper Default

A King County court has greenlit the sale of the trophy Eastside office complex, with bidders already circling a property whose value has...

Barnes & Noble storefront
FeaturedIndustry NewsLeasingRetail

Barnes & Noble Reopens in Downtown Seattle with 18,000 SQFT Flagship at 520 Pike

The nation’s largest bookseller returns to the city’s retail core after a six-year absence, anchoring Tishman Speyer’s office tower with the largest downtown...

Facade of an apartment building
FinanceIndustry NewsResidential

57-Unit Capitol Hill Studio Building Vitality on Howell Lists at $9.5MM, Priced 15% Below Appraisal

Greenbuild Development affiliate puts 57-unit 2016-vintage asset on the market at $166,667 per unit as Capitol Hill supply pipeline shrinks to 139 units....

Apartment building facade
FeaturedFinanceIndustry NewsResidential

Bellevue Investor Relists 51-Unit Viewland Apartments in Seattle’s Greenwood for $20MM Months After Acquisition

The ownership group is testing the market with a quick re-trade of the newly built North Seattle asset, anchored by a rare assumable...

CommercialFinanceIndustrialIndustry News

Teutsch Partners Sells 1.82-Acre Lakewood Contractor Services Property for $8.4MM

University Place investor lands a contractor supply yard on 26th Avenue South leased to Foundation Building Materials as Pierce County retail tightens A...

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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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