Seattle
Apartments Planned for 90-Year-Old Tacoma Building
Unico Properties acquired the 18-story Washington Building at 1019 Pacific Ave. in Tacoma, WA in an off-market transaction. The Seattle-based… Read more
Amazon Again – The Retailer Buys More Seattle Assets
Amazon Inc. is throwing more money at downtown Seattle buildings. Most recently, the e-commerce giant paid $19.2 million to acquire… Read more
Hines Global REIT Sells KOMO Plaza for $276M
Hines Global REIT ended its five-year hold on KOMO Plaza, in downtown Seattle, selling it to GI TC Seattle LLC.… Read more
$21M Fund Available for Affordable TOD Housing
A new $21-million fund, courtesy of the Regional Equitable Development Initiative (REDI) has come online to help support affordable housing… Read more
Waters Edge Apartments Sold for $56.5 million
Value-added investors have sold the Waters Edge Apartments in Kent, WA for $56.5 million. That’s a big increase from $40… Read more
American Apparel Closes Stores in Nine Cities
Bankrupt retailer American Apparel now plans to close stores in nine cities. The troubled retailer will sell its remaining 101… Read more
1,200-Unit Construction to Begin on Seattle Times Lot
Three years after paying the Seattle Times newspaper $33.5 million for its full-block parking lot near the newspaper’s office at… Read more
Micro Units or Prison Cells?
Both rising rents and the uptick in micro-unit construction are trending in Seattle’s multifamily market. A developer in the market… Read more
Industrial Property Trust Snags 58-Acre Mill for Logistics Center
Industrial Property Trust (IPT) made an agreement with Interfor Corp., a Vancouver, B.C.-based lumber company, to acquire a 58-acre former… Read more
DOJ Approves Alaska Airlines’ $4B Virgin America Purchase
The Department of Justice has approved Alaska Airlines’ $4 billion acquisition of Virgin America. The DOJ’s approval was the final… Read more
Amazon Go Undergoing Testing
Amazon has built its first convenience store, dubbed Amazon Go, at Seventh Avenue and Blanchard Street in Seattle. The 1,800-square-foot… Read more
CBRE GI Acquires Stake in $1.5B Retail Portfolio
Los Angeles-based CBRE Global Investment Partners (GIP) acquired a 45% interest in a $1.5 billion portfolio of 55 retail assets,… Read more
McDonald’s Rolling Out Table Service
McDonald’s plans to roll out table service shortly in many of its U.S. locations. Customers will order from a kiosk,… Read more
The Taller Future for Industrial Warehouses?
Although there are millions of square feet of new construction being developed in the industrial sector, the vacancy rates nationwide… Read more
Amazon Leases Midtown21 – All 365K SF
Amazon Inc. has struck again with a mega-lease, this time taking down the new, 21-story Midtown21 office high rise currently… Read more
Hunt Provides $23M Loans for Seattle Apartments
Hunt Mortgage Group has provided a total of $23.2 million in Fannie Mae loans to refinance three multifamily properties in… Read more
Hines Divests $1.2B Office Assets to Blackstone
Houston-based Hines Real Estate Investment Trust, Inc. completed the disposition of seven West Coast office assets to an affiliate of… Read more