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FinanceHospitalityIndustry News

Trimark Hospitality Sells 116-Room La Quinta in Federal Way for $14.5MM

A Seattle-based investor has expanded into the South King County lodging market with a mid-priced hotel acquisition along the Interstate 5 corridor The...

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AECCommercialIndustrialIndustry NewsLeasing

Amazon to Lease 1.2MM SQFT Kelso Warehouse, Expanding I-5 Fulfillment Footprint

The Trammell Crow-developed Mid I-5 Industrial Park, which delivered speculatively in December, will house an Amazon facility creating several hundred jobs along the...

concert venue
AECCommercialIndustry NewsRetail

Live Nation Plants Flag in Seattle’s Sodo With 5,500-Capacity Concert Hall

The concert promoter’s first Seattle-proper venue lands across from T-Mobile Park, targeting the underserved gap between theaters and arenas with a 2029 opening....

View of lake Sammamish and Issaquah from Poo Poo Point
FinanceIndustry NewsResidentialRetail

Invesco Lists 99-Unit Saffron Mixed-Use Asset in Sammamish at $54.3MM Appraised Value

JLL and Newmark are marketing the value-add multifamily and 47,304-SQFT retail center in one of the Eastside’s most supply-constrained submarkets. Invesco Real Estate...

Pioneer Square in Seattle
CommercialIndustry NewsLeasingRetail

Gloom Coffee Lands at Rubicon’s Masin Block in Pioneer Square

Specialty roaster’s arrival signals a tenant-curation playbook taking hold inside Seattle’s most challenged office submarket. Rubicon Point Partners has secured Gloom Coffee as...

apple logo on a building
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
FinanceIndustry 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...

seattle skyline
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...

Outdoor sports store
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...

Skyline of Bellevue Washington
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...

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