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Seattle, Beacon Capital Partners, CBRE Global Investors, Maritime Building, Metropolitan Park Tower, downtown Seattle, Bellevue
CommercialFinance

Beacon Capital Partners Spends $434.8MM to Acquire the Metropolitan Park Towers in Downtown Seattle

 By Jack Stubbs On Thursday, August 9th, Boston-based Beacon Capital Partners paid $434.8 million, or approximately $613 per square foot, to acquire...

Seattle, Lennar Northwest, Maple Valley, Black Diamond, CalAtlantic Homes, Oakpointe Communities, Ten Trails development, King County
AECFinanceResidential

Lennar Northwest Acquires 74 Acres of Vacant Land in Maple Valley, Washington for $10MM; Single-Family Project Planned

 By Jack Stubbs On Tuesday, July 31st, 74 acres of vacant land in Maple Valley sold for $10 million, according to public...

Seattle, Ankrom Moisan Architects, Site Workshop, Lowe Enterprises, Yesler Terrace, design review recommendation meeting, conditions
AECResidential

335-Unit Development in Yesler Terrace Given Green Light at Second Design Review Recommendation Meeting

By Jack Stubbs Seattle’s Yesler Terrace neighborhood has been in a state of transformation ever since the 1940s when the Seattle Housing Authority...

Seattle, Weber Thompson, Mill Creek Residential, Capitol Hill, Cal Anderson Park, Light Rail Station, Modera Broadway, Nagle Place
AECResidential

Two-Building 228-Unit Development in Capitol Hill Approved at Design Review Recommendation Meeting

By Jack Stubbs A new mixed-use development is on the way to Capitol Hill. On Wednesday, August 8th, a two-building, 228-unit development planned...

AECCommercial

Octave 9, Slated to Open in 2019, Set to Bring New Immersive Experience to Downtown Seattle

By Jack Stubbs At a time when the city of Seattle is changing so rapidly and experimental design practices are continually being brought...

FinanceResidential

397-Unit Drake Apartments in Tacoma Sells for $29.88MM

 By Jack Stubbs On Tuesday, August 7th, the Drake Apartments in Tacoma sold for $29.88 million, or approximately $75,264 per unit, according...

Industry NewsNews Releases

CenterPoint Properties Acquires 342,869 SF in South Seattle for $73MM

(EDITOR'S NOTE: According to King County records, the three parcels located at 5900, 5960 and 5990 1st Avenue South in Seattle sold for a...

Seattle, Caron Architecture, Capeluto Development Company, Seattle Department of Construction and Inspections, Early Design Guidance
AECResidential

79-Unit Development in West Seattle Denied Approval at Early Design Guidance Meeting

By Jack Stubbs Late last week on Thursday, August 2nd, a 79-unit development planned for West Seattle was denied approval at an Early...

Seattle, BuildZoom, construction industry, labor shortage, Washington, California, “The Scar From Which The Construction Workforce Has Yet To Recover"
AECCommercialFeatured

National Construction Industry Still Suffering From Labor Shortage, Recent Study Shows

By Jack Stubbs “The idea was just to get a finger on the pulse of what’s happening in construction. The picture that emerged...

Industry NewsNews Releases

104-Unit Cedar Park Apartments in Bremerton Trades for $8MM

BREMERTON, WA – Summerfield Commercial is pleased to announce the sale of the Cedar Park Apartments, a 104-unit community in Kitsap County. Project...

Industry NewsNews Releases

Jackson Capital Group Opens its Doors to Seattle

SEATTLE, WA (August 6, 2018) – Jackson Capital Group – a boutique brokerage firm for capital markets transaction services, with an immediate focus...

Seattle, Barrientos RYAN, Runberg Architecture Group, University of Washington, University District re-zone, Early Design Guidance
AECResidential

227-Unit Development in Seattle’s University District Approved at Early Design Guidance Meeting

By Jack Stubbs The ever-active University District in Seattle has a new project on the way. On Monday, August 6th, a 227-unit project...

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PNW CRE Rising Stars

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