Seattle
Seattle Multifamily Sales Market Reaches Decade-Plus Low
Seattle is on track for the fewest annual apartment sales in more than a decade, with only 13 recorded sales… Read more
Gantry Secures Refi on New-Build Seattle Apartments
Gantry has secured a $22-million permanent loan to refinance the construction loan for the Fireside Flats Apartments located at 841… Read more
Amazon Signals Interest in Restarting Three-Tower Bellevue Project
As Amazon.com Inc. employees return to the office, the company is signaling it could resume work on its downtown Bellevue… Read more
Industrious Opens Third Seattle Workspace
Flexible workplace provider Industrious has opened its newest downtown Seattle workspace, Industrious 400U @ Rainier Square, located at 400 University… Read more
LPC and Partners Break Ground on U District Office Tower
Lincoln Property Company (LPC), Intercontinental Real Estate Corporation, University of Washington (UW) and Sound Transit broke ground Wednesday on the… Read more
Submit Your Nominations for Connect CRE’s 2023 Top Mortgage Brokers & Lenders
For commercial real estate professionals on the lending side, 2022 brought an increasingly challenging year as macroeconomic turbulence roiled the… Read more
Pebblebrook Divests Seattle’s Hotel Monaco After 12-Year Hold
(Updated with additional information) CBRE Hotels arranged the sale of Hotel Monaco, a 189-key luxury property in downtown Seattle. Pebblebrook… Read more
Weyerhaeuser Orders Headquarters Employees Back to the Office
Employees at Weyerhaeuser’s headquarters in Seattle’s Pioneer Square have been ordered to return to their offices three days a week… Read more
Bifurcation in the Seattle Multifamily Market
By Derek Graham Seattle’s multifamily market has recently been impacted by negative sentiment among investors, with a decrease in rent… Read more
Thayer Manca Adds Sixth Asset to Washington State Multifamily Portfolio
Thayer Manca Residential (TMR) acquired Roosevelt Ridge, a 75-unit rental property located in the Pinehurst neighborhood of Seattle, for an undisclosed sum.… Read more
EQ Office Names Leasing Director for Seattle
EQ Office, Blackstone’s US office portfolio company, has appointed David Marks as Director of Leasing in Seattle, effective immediately. He will… Read more
Harbor Custom Development to Sell Port Orchard Development Site
Harbor Custom Development, Inc., a real estate company involved in all aspects of the land development cycle, has entered into… Read more
Seattle Lags Other Major Markets in Office Demand Recovery
Seattle and Chicago represented the exceptions to the rule in VTS’ latest VTS Office Demand Index (VODI). Whereas five of… Read more
Alison Beddard Adds Oregon Oversight to Washington State Managerial Duties
Cushman & Wakefield has named Alison Beddard as managing principal of the firm’s operations for Oregon. The new appointment expands on… Read more
Broderick Group Adds 30-Year Veteran to Office Leasing Team
Broderick Group, Inc. has added Larry Almeleh to its Seattle brokerage team. He brings more than 30 years of Seattle… Read more
Report: Demand Drives Puget Sound Industrial Rents to Record Levels
Tenant demand for high-quality functional space combined with limited supply has driven Puget Sound industrial rents to record levels, according… Read more
Gantry Secures $12M Refi for Seattle Office Ground Lease
Commercial mortgage firm Gantry has secured a $11.7 million permanent loan to refinance the ground lease supporting a Class A… Read more
Report: 2023 will be a Pivotal Year for Seattle Office Market
A new report from Kidder Mathews on the state of the office commercial real estate market in Seattle indicates 2023… Read more
Kidder Mathews Tabs Parker Ksidakis as First VP in Seattle
Retail investment specialist Parker Ksidakis has joined Kidder Mathews’ Seattle office as First Vice President. Ksidakis is the third retail… Read more