Seattle
Alexandria Expands Its Seattle Life Science Cluster Campuses
Pasadena, CA-based Alexandria Real Estate Equities, Inc. plans to deliver 188 East Blaine St. and start pre-construction activities for 1165… Read more
Russell Wilson, A-Rod Expand TruFusion Studios to Washington
Russell Wilson and Alex Rodriguez partnered with local entrepreneurs Scott Swerland and Taryn Naidu to bring rapidly-expanding TruFusion studios to… Read more
Newmark Realty Capital Hits $2.5B CRE Mortgage Activity in 2018
San Francisco-based Newmark Realty Capital (NRC), Inc. completed $2.47-billion of commercial mortgages during 2018 across 270 transactions. This is the… Read more
California Buyer Finds Seattle MF Appealing
The Redwood, a newly-constructed, 75-unit apartment community in Seattle’s Capitol Hill neighborhood, has been sold. The buyer, El Segundo, CA-based… Read more
Sound West Launches Project-Specific Opportunity Zone Development Near Seattle
Seattle-based The Sound West Group of companies commenced development of Marina Square, an opportunity zone project project near Seattle, in… Read more
Acquisition Financing Arranged for Historic Seattle Georgetown MXU Campus
ScanlanKemperBard (SKB) secured $32.5 million in acquisition financing for the Original Rainier Brewery, a four-building, 187,466-square-foot creative, mixed-use campus in… Read more
Broadstone Bags 18-Building Elliott Bay MOB Portfolio
Rochester, NY-based Broadstone Net Lease bought the Elliott Bay National Medical Office Portfolio, an 18-building portfolio of outpatient facilities leased… Read more
Microsoft Commits $500M to Tackle Puget Sound Region’s Affordable Housing Crisis
Microsoft Corp. made a $500 million commitment to preserve existing affordable housing, spur construction of new units, and partner with nonprofits to… Read more
Unico Completes $710M, 1.8M-SF Portfolio Deal in Denver, Seattle
Seattle-based Unico Investment Group LLC sold a 27-building portfolio of repositioned historic and newly- constructed office assets totaling 1.8 million… Read more
FIBREE Aims to Spread the Good Word About Blockchain
Having launched this past summer in Europe and expanded across the Asia Pacific region, a group aimed at sharing blockchain… Read more
CIM Claims Dexter Horton Building in Seattle for $151M
Los Angeles-based CIM Group acquired the Dexter Horton Building, a 15-story, roughly 335,000-square-foot Art Deco office building in Downtown Seattle… Read more
To Protect Employees, Starbucks Will Install Needle-Disposal Boxes in Stores
After Starbucks employees found blood, discarded needles, and syringes in bathrooms, the Seattle-based company has plans to install needle-disposal boxes… Read more
Carmel Partners Closes Oversubscribed MF Fund 7 at $1.28B
San Francisco-based Carmel Partners completed the final close of Carmel Partners Investment Fund 7, its U.S. multifamily real estate value… Read more
Drew Heitstuman Joins HFF’s Seattle Team from JLL
HFF expanded its team in the Puget Sound with the hiring of Drew Heitstuman as a director focused on debt… Read more
1.2M-SF Seattle Office Campus Approved
Urban Visions received permit approval from the City of Seattle for S campus, a 1.2-million-square-foot development planned to include office… Read more
Spokane’s Wonder Building Fetches Newest Tenant
Seattle-based Rover.com signed a lease for nearly 30,000 square feet in Spokane’s recently renovated Wonder Building. The nation’s largest network… Read more
Weaker Housing Market Drives Growth in Apartment Sector
A weaker national housing market continued to benefit the apartment market, according to research by Reis. The apartment vacancy rate was… Read more
Investcorp Sells Seattle-Area Tech Campus for $34M
Equus Capital Partners acquired Highlands Campus Tech Centre, a 201,766-square-foot mixed-use development in Bothell, WA, from Investcorp for $33.55 million.… Read more
1,800 Companies Left California in a Year, Texas Remains Top Destination
A new study shows that 1,800 companies left California in 2016, the most recent year figures were available. The main… Read more