South Lake Union
Waterton Raises $1.5B Apartment Fund, Looks for Assets in the Puget Sound Region
By Jon Peterson Chicago-based Waterton has set is sights on growing its apartment portfolio, and the company has shored up a $1.5 billion...
$12.5MM New Financing Secured for Seattle Net Lease Office Building
Seven-Story, 82,000-Square-Foot South Lake Union Class B Building 100 Percent Leased to Seattle Cancer Care Alliance; Submarket’s Low Vacancy Supports Long-Term Fundamentals Seattle,...
Private Group Plans Sale of KIRO 7 Third & Broad Asset in Seattle with $60MM Pricing Guidance
By Jon Peterson An entity affiliated with Atlanta, Ga.-based Cox Media Group has chosen to put up for sale the long-owned Third &...
After Decades in South Lake Union, Weber Thompson Moves to Sleek, Sustainable Office in Seattle’s Fremont Neighborhood
By Meghan Hall One of Seattle’s busiest architecture firms has departed its longtime home in South Lake Union in search of greener pastures—almost...
Zurich to Buy the Terry Thomas Office Asset in Seattle for $52MM
By Jon Peterson New York City-based Zurich Alternative Asset Management is set to acquire the 44,445 square foot Terry Thomas office building in...
Alexandria Brings JV Partner into Seattle Life Science Portfolio for $315MM
Alexandria arranged the off-market, joint venture transaction with Clarion Partners for a 70 percent portion of the life science portfolio in Seattle’s South...
“The Kilroy Stars”, a New Constellation of Light Sculptures, Will Appear Along the West Coast to Inspire Hope for the New Year
Four Pop-Up Installations Will Illuminate Cityscapes of San Francisco, Seattle, San Diego and Los Angeles LOS ANGELES--The Kilroy Stars, a series of light...
Shorenstein Pays $17MM for South Lake Union Office Development Site in Seattle
By Jon Peterson San Francisco-based Shorenstein Properties has paid $17 million to acquire the office building development site in South Lake Union located at...
Local Partnership Puts Terry Thomas Office Asset in Seattle up for Sale, Pricing Could hit $50MM
By Jon Peterson A local partnership that includes developer Mike Hess has placed on the market for sale the Terry Thomas 44,445 square...
Alexandria Real Estate Submits Initial Plans for Mercer Mega Block Project in Seattle’s South Lake Union Neighborhood
By Meghan Hall In the fall of 2019, Pasadena, Calif.-based Alexandria Real Estate agreed to purchase a critical block from the City of...
Oregon Pension Fund Provides Additional $300MM to Ascentris Relationship, Will Target Seattle
By Jon Peterson The Oregon Public Employees Retirement Fund will continue to seek investment opportunities in commercial real estate across a number of...
citizenM Opens in Seattle’s South Lake Union Neighborhood
Global hotel innovator citizenM disrupts the traditional hospitality industry once more with its new app for the new era of travel July 28,...
