Seattle
Security Properties Pays $57M for 4th Las Vegas MF Buy
Security Properties made its fourth Las Vegas investment, buying the 414-unit, Class A Avanti Apartments for $57 million. Fairfield Residential… Read more
Seattle On Record Pace with $3.5B in CRE Construction
Downtown Seattle currently has 65 major commercial real estate construction projects underway, totaling $3.5 billion. The activity beats the metro’s… Read more
Prologis Plans ‘New-Gen’ Seattle Industrial Project
San Francisco-based Prologis is seeking to build a 196,500-square-foot warehouse, manufacturing and R&D project in South Seattle. The four-story facility… Read more
Amazon Shopping for New Facility in Houston
Seattle-based Amazon.com Inc. is exploring a new $136-million fulfillment center in Northwest Houston’s Pinto Business Park. The online retail giant… Read more
Microsoft Acquires LinkedIn for $26.2B
Seattle-based Microsoft is acquiring LinkedIn for a reportedly $26.2-billion all cash offer, by far the largest in Microsoft’s history. A… Read more
Mid-Year Report Card: Economic Down-Shift and Recession?
By Dennis Kaiser Connect Los Angeles brought together nearly 500 CRE leaders last week for an information-packed conference in DTLA.… Read more
Avalara Inks 100K SF in Seattle
Tech company Avalara signed a 10-year lease to take down 100,000 square feet at under-construction Hawk Tower at 255 King… Read more
What Makes a City Favorable?
There are many things to consider when moving to a new city. To find out what aspects matter most, Abodo… Read more
400-Unit Overlook at Lakemont in Bellevue Acquired for $118M
Security Properties and Pacific Life Insurance Co. bought Overlook at Lakemont, a 400-unit, Class B multifamily complex. The $118 million… Read more
Moody REIT II Pays $74M for SpringHill Suites
Moody National REIT II Inc., headquartered in Houston, has acquired the 234-key Marriott SpringHill Suites Hotel in Seattle for $74.1… Read more
Berkshire Buys 206-Unit Cook Street in Oregon
Berkshire Group has acquired the 206-unit Cook Street Apartments in Portland, OR. The seller was Seattle-based developer Lake Union Partners,… Read more
Amazon’s Economic Engine Adds More Horsepower in IE
Seattle-based Amazon continues to expand in California, adding two new fulfillment facilities, including one in Eastvale, and another in Tracy.… Read more
Ashford Prime Contracts to Sell Seattle Hotel for $84M
Ashford Hospitality Prime has struck a definitive agreement to sell the 250-key Courtyard Seattle Downtown. The $84.5 million transaction is… Read more
15 Best Cities to Work and Live
By: Daniella Soloway Work, Live and Play environments are taking over cities. Hear more about the development of such lifestyle… Read more
CBRE Closes $26.7M Retail Center Sale
Irvine, CA-based PASSCO Companies sold Lincoln Plaza, an 80,922-square-foot community shopping center in the city of Tacoma, WA to a… Read more
Starwood’s Sternlicht: Don’t Stress Over CRE Bubbles
Boston Federal Reserve president Eric Rosengren has warned that low interest rates are pumping up property values. But strong real… Read more
Westpark Acquired by KBS for $128M
KBS Real Estate Investment Trust Inc. continues to expand its footprint in the Seattle area, with the recent acquisition of… Read more
CONNECT RETAIL: Would a Minimum-Wage Hike Hurt Retail?
Connect Retail is our weekly column on the sector, authored by veteran CRE writer Ian Ritter. Well, the retail real… Read more