Seattle
WeWork Has Stopped Paying Rent at Seattle Locations
WeWork has stopped paying rent on two of its leases as the company filed for Chapter 11 bankruptcy. Once valued… Read more
Hot Pot Chain to Open First WA Location at Cypress Apartments
Malubianbian, a Sichuan skewer hot pot restaurant, is coming to Vulcan Real Estate’s Cypress apartment building, marking the company’s first… Read more
PCC Community Markets to Shutter Struggling Seattle Location
PCC Community Markets, an organic grocery store featuring local ingredients and products, has announced it will close its downtown Seattle… Read more
Starbucks Lays Out Roadmap for Long-Term Growth
Accelerating store expansion to 55,000 units worldwide by 2030 is among the pillars of the growth plan announced by Seattle-based… Read more
Finding Proof of Sustainable Headquarters
In the current built environment, many companies fly their “sustainability” flags, broadcasting their efforts toward carbon reduction. But ProptechOS sought… Read more
Seattle-Area Real Estate Firm iCap Accused of Fraud
A Bellevue investment firm, iCap, is facing financial and legal troubles amid charges that the firm raised millions of dollars… Read more
Seattle Ranked Among Top Port, Industrial Markets by Cushman & Wakefield
As the industry sees a recent decrease in imports and a softening of the economy, port-proximate U.S. industrial real estate… Read more
WA’s First Affordable Housing Designed for LGBTQ Seniors Opens
The Pacific Northwest’s first affordable and affirming housing and community center designed for LGBTQIA+ older adults has officially opened. A… Read more
146-Room Renton Residence Inn Bought for $55M
MCR, the country’s third-largest hotel owner and operator, has completed the sale of the 146-room Residence Inn by Marriott Seattle… Read more
It’s Time to Nominate Standout Commercial Real Estate Attorneys
End-of-day on Friday, Oct. 27 is the deadline for submitting nominations for Connect CRE’s fourth annual Lawyers in Real Estate Awards. We believe there are… Read more
Kidder Mathews Sells 96-Unit Apartments for $27M
Seventh and James Apartments, a mid-rise apartment building in Seattle’s First Hill neighborhood, recently sold for $26.9 million. Dylan Simon,… Read more
Landmark Sets New Record for Off-Campus Student Housing Deliveries
Landmark Properties completed a successful fall move-in season with the delivery of 10 new properties, totaling 8,195 beds, near flagship… Read more
Retail Sector in Seattle Poised for Growth When Market Recovers
As uncertainty continues in light of economic headwinds and real estate challenges, overall, retail sales saw an increase compared to… Read more
MCA Realty Sells Multi-Tenant Industrial Park for $13.75M
MCA Realty, an Orange County-based real estate investment and management firm, has sold Spectrum Business Park, a multi-tenant industrial park… Read more
Troubled StoryBuilt Selling $2B Development Pipeline
Embattled real estate firm StoryBuilt is selling $2 billion of its development pipeline. The commercial and residential pipeline is on… Read more
Return to Lender: Week of Oct. 12, 2023
Hear from the leaders in loan advisory and special servicing during a panel on distressed assets at Connect Investment & Finance… Read more
IPA Closes $80M Puget Sound MF Asset Sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, closed the sale of Waters Edge, a 304-unit multifamily asset… Read more
Office Projects Converted to LS Facilities Amid Low Supply, High Demand
While the significant growth experienced by life sciences early in the pandemic has cooled, the Puget Sound region remains a… Read more
Amazon Begins Relocating Employees to Bellevue Office Space
Amazon has started the process of moving its employees to new Bellevue office space despite delays in construction. Amazon is… Read more