Seattle
RISE, CIGNA JV Claim Seattle MF for $75M
Canada’s RISE Properties Trust, along with partner Cigna Investment Management, acquired Joseph Arnold Lofts in Seattle for $74.5 million. The… Read more
S&P CoreLogic Case-Shiller: U.S. Home Price Increases Continue to Slow
The latest S&P CoreLogic Case-Shiller Indices show that the rate of home price increases across the U.S. continued to slow… Read more
Vancouver CRE Punches Above Weight
The Vancouver, B.C. commercial real estate market has been punching above its weight, despite global instability. Record-low office and industrial… Read more
Westbank Secures $450M in Construction Financing for Seattle MXU
Vancouver, BC-based Westbank secured $450 million in construction financing for the development of First Light, a mixed-use condominium property in… Read more
New Washington Sustainable Buildings Standard Advances
The Washington State Department of Commerce is proposing to develop new rules for the state by creating an energy performance… Read more
Kimberly-Clark Sells Former Everett Mill Site to Port for $33M
The Port of Everett Commission unanimously authorized a deal to buy 77 acres from Kimberly-Clark Corporation for $33 million. The… Read more
Seattle Can Accommodate Additional Growth
By Dennis Kaiser Seattle is a market on the move. Not only is it booming from a corporate and tech… Read more
Seattle’s First Opportunity Zone Development Gets Underway
Connect Seattle is set for November 7th at Coterie Worklounge. Plan to join us for the afternoon of CRE conversations… Read more
Sound Transit Breaks Ground on $1.5B Downtown Redmond Link Extension
Sound Transit commenced construction on the $1.53-billion Downtown Redmond Link light rail extension project last week. Elected officials and other… Read more
Colliers Commences Retail Leasing at 40-Story Seattle Tower
The Emerald, a 40-story, luxury condominium tower currently under construction at 121 Stewart St. in Seattle’s downtown, is set to… Read more
Bothell Biotech, R&D Facility Receives $20M Refi
Connect Seattle is set for November 7th at Coterie Worklounge. Plan to join us for the afternoon of CRE conversations… Read more
Puget Sound MF Rents Maintain Steady Growth Amidst Delivery of 60K+ Units This Cycle
Third-quarter rent and vacancy data, released by Kidder Mathews, shows continued healthy rental rate growth and sustained low vacancy rates… Read more
Alamo Manhattan’s Block 40 PDX Development Secures JV Equity from MetLife
JLL arranged JV equity for the development of Block 40, a 232-unit, luxury multi-housing project in Portland’s South Waterfront neighborhood.… Read more
Downtown Seattle’s Jacqueline Gruber Q&A: Building Great Cities
By Dennis Kaiser Seattle is arguably the most active commercial real estate market in the country, thanks to a sonic… Read more
Unico Acquires Westlake Tower in Seattle’s CBD for $236M
Unico Properties LLC reportedly acquired Westlake Tower, a Class-A high-rise in Seattle’s CBD, from TIAA for $236 million. Westlake Tower… Read more
Seattle Children’s $300M Building Cure Opens in Downtown Seattle
Seattle Children’s opened the $300-million Building Cure, a new 540,000-square-foot pediatric research facility located at Stewart Street and Terry Avenue… Read more
Urban Renaissance Starts Former County Health Building Renovation in PDX
The renovation of the 10-story former home of the Multnomah County Health Department in Portland’s CBD is underway. Seattle-based Urban… Read more
WeWork Not Coming to Martin Selig’s Seattle Tower After All
WeWork and WeLive will not be joining the tenant mix at Martin Selig Real Estate’s 36-story tower in Seattle’s Belltown… Read more
Joe Sandhu Joins Logistics Property Co. in Seattle
Chicago-based Logistics Property Company, LLC (LPC) expanded its leadership team with the addition of Joe Sandhu, a veteran commercial real… Read more