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Redfin Finds Homebuyers Are Moving Farther from City Centers as Home Prices Rise

Austin Homebuyers Moved 1.6 Miles Farther From the City Center in 2015 Than in 2011 SEATTLE — March 23, 2016 — Despite a...

Grand_Connection_Route
CommercialFeatured

Bellevue Picks Design Firm for Grand Connection Project

By Kristin Bentley After conducting a national and international search, the City of Bellevue has chosen Balmori Associates, a New York-based design firm,...

Industry NewsNews Releases

Avanath Capital Management Acquires Kent Asset for $32.2MM

OAKLAND, Calif., (March 21, 2016) – Avanath Capital Management, LLC, a private real estate investment manager that specializes in affordable and workforce housing,...

CommercialFinance

Retail Giant Vestar Purchases James Center in Tacoma for $31.4MM

By Kristin Bentley One of the largest privately held retail real estate companies in the western U.S., Vestar, announced last Wednesday that it...

Park 8_Phase 2 Rendering_20160303_1000x940
CommercialFinanceResidential

Plus Investment USA’s Proposed International Plaza to be Largest in Bellevue

By Kristin Bentley Designs for a new international plaza were submitted to the city, and if approved it will add the tallest building and...

Otis Elevator Company - Madison Centre
News Releases

Otis Elevator to Provide 22 Units for Prominent Seattle High-Rise

JUPITER, Fla., March 21, 2016 — Otis Elevator has entered into a multimillion-dollar agreement with Schnitzer West, LLC to supply elevators and escalators...

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People on the Move

Don Crotty Promoted to Head of Life Science Center of Excellence at Skanska

New York, NY – Skanska USA, one of the world’s leading construction and project development firms, today announced the promotion of Don Crotty...

CommercialFinance

PMF Investments Acquires the Bellevue Sheraton for $41.8MM

By Kristin Bentley The Bellevue Sheraton now has a new owner since Tuesday. The 179-room hotel, located at 100 112th Avenue N.E., was...

Residential

Bellevue’s Crossroads Village to Add Housing Inventory to Shrinking Market

By Kristin Bentley Polygon Northwest is moving forward with their new Bellevue residential development, Crossroads Village. The developer recently received an approval from...

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News Releases

Home Buyer Frustration Builds as Inventory Shrinks, Prices Rise

KIRKLAND, Washington – Home prices in King County hit new highs in February as buyers tried to outbid each other for the sparse...

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News Releases

Redfin: New Home Listings Surged 12% in February, Slowing the Rate of Inventory Declines

Median Sale Price Growth Slowed to 4.8 Percent Inventory Fell to Record Lows in Seattle, Portland, Louisville and Other Regions SEATTLE — March...

Commercial

Proposed SoDo Sports Arena Has Seattle at a Divide Over a Street

By Kristin Bentley Seattle’s City Hall was flooded with concerned citizens Tuesday night, many wearing their Supersonics gear in support of the proposed...

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