Bellevue
Continental Properties Claims MF Dev Site Near Climate Pledge Arena
Bellevue-based Continental Properties completed a nearly $15.1-million land assemblage near Seattle’s Climate Pledge Area with plans to develop an eight-story,… Read more
Neiman Marcus Vacates its Hudson Yards Store
A year after the 188,000-square-foot Neiman Marcus store at Hudson Yards opened, it’s going dark for good. The Dallas-based retailer,… Read more
Kowalchuk, Ahlf Step Into New Roles at Skanska in Seattle
Skanska USA Building promoted Don Kowalchuk to SVP of operations and Lacey Ahlf to VP of operations in Seattle. Kowalchuk’s position,… Read more
Washington Employment Grows Again in June, Businesses Gradually Reopen
Washington’s economy added 71,000 jobs in June and the state’s preliminary seasonally adjusted monthly unemployment rate dropped to 9.8% in… Read more
Seattle Sublease Space Increases 13% Since April
Seattle’s sublease market is starting to reflect the impacts of the COVID-19 shutdowns and resulting economic downturn. Research by NKF… Read more
Skanska Unveils Design for 25-Story Bellevue Tower
New York City-based Skanska unveiled updated designs for The Eight, a planned mixed-use office tower in downtown Bellevue. The site at… Read more
CushWake’s Jason deVries Adds Seattle, Bellevue Offices to Plate
Cushman & Wakefield’s managing principal in Portland has added two additional offices in the Pacific Northwest to his responsibilities. Jason… Read more
Pine Forest Picks-Up Everett Industrial Site
Bellevue-based Pine Forest Properties acquired a fully-entitled 4.8-acre property at Riverside Business Park in Everett from Auburn-based Latitude Development for… Read more
Amazon Claims Former Macy’s Store at Redmond Town Center
Amazon leased the 111,000-square-foot former Macy’s department store at Redmond Town Center, which had closed last year. The former retail… Read more
Seattle Experiences Steep Decline in Commercial Real Estate Sales
The latest research from the Commercial Brokers Association (CBA) shows commercial real estate investment activity in the Puget Sound region… Read more
West77 Partners Updates Plan for Bellevue’s Washington Square Expansion
West77 Partners has reconfigured and reduced development plans for the Washington Square Expansion mixed-use project in Bellevue. The 1.8-acre downtown… Read more
Canyon, American Capital JV Plans Lynnwood MF Development
Canyon Partners Real Estate LLC and American Capital Group (ACG) formed a joint venture to develop Kinect @ Lynnwood, a… Read more
Equity Commonwealth Says 98% of April Rents Were Paid
Equity Commonwealth (EQC) said Monday that 98% of contractual April rents had been collected in its same-property portfolio. The total… Read more
Bridge Plans Industrial Development on 16-Acre REI Kent HQ Site
Chicago-based Bridge Development Partners is buying 16 acres in Kent with plans to develop a two-building warehouse project. The site… Read more
Vacant Mercer Island Redev Site Snagged for Nearly $47M
Minneapolis-based Ryan Cos. and Seattle-based HAL Real Estate acquired a nearly six-acre property on Mercer Island for $46.45 million. The… Read more
Kidder Mathews Boosts Bellevue Team with Two Additions
Kidder Mathews added two veteran commercial real estate brokers to its Bellevue office. Steve Pelluer and Kim Hutchins have been… Read more
Bel-Red Transit-Oriented Development Site Sells for $12M
A 1.4-acre transit-oriented development site, at 1600 132nd Ave. NE in Bellevue, sold for $12.3 million, which works out to… Read more
Top Broker Honorees: Colliers International’s Bill Cooper
Colliers International’s Bill Cooper is an accomplished commercial real estate broker who helps a diverse group of clients, from start-ups… Read more
KKR Buys Amazon-Leased Tower from Equity Commonwealth for Nearly $402M
New York-based KKR & Co. Inc. completed the acquisition of Tower 333, a 435,000-square-foot office property in Bellevue. Chicago-based Equity… Read more