Seattle
St. Louis, Other Metro Areas Rank High as Multifamily Markets to Watch—for Distress
Trepp has identified the St. Louis metro area as the number one multifamily market to watch in 2023. In this… Read more
Report: Seattle Suburban Office Leasing Shows Improvement
Seattle suburban office complexes are starting to see more leasing demand, as a new report from Cushman & Wakefield shows… Read more
Gencom, Corten Real Estate Affiliates Close on Strategic Venture with Provenance Hotels
Affiliates of Miami, FL-based Gencom, an international owner and developer of hospitality and residential properties, and Corten Real Estate, a… Read more
Levin Johnston Wraps-Up Record Year in 2022
Bay Area-based multifamily brokerage company Levin Johnston posted a banner year in 2022, selling nearly 2,500 units across 101 transactions,… Read more
New Office Space Demand Drops 21% Year-Over-Year
New demand for office space nationally ended the year 31.3% below its May 2022 peak and fell 20.7% year-over-year to… Read more
Unico Promotes Robert Penney to CIO in Seattle
Real estate investment and operating firm Unico Properties, LLC has promoted Robert Penney to Chief Investment Officer, replacing Ned Carner… Read more
Advisor Duo Bolts CPX to Lead New Capstone Office in Seattle
Multi-housing real estate specialist Capstone Companies has announced the launch of its new Seattle brokerage office and the addition of… Read more
Renton Rite Aid-Leased Retail Property Trades for $7.6M
The Leibsohn Vara Group of the Marcus & Millichap commercial real estate brokerage firm, has arranged the $7.59 million sale… Read more
Meta Subleases 435K-SF at Fremont Street Tower
Following recent news that Facebook and Instagram parent company Meta Platforms Inc. is subleasing office space in Seattle, the company… Read more
We’re Looking for More Top Leasing and Sales Brokers
Early response has been positive for Connect CRE’s sixth annual call for Top Broker Award nominations. However, we’re looking for as wide a cross-section… Read more
Auburn Multifamily Project Locks-Down $50M in Financing
Northmarq’s Stuart Oswald and Russ Cree with Glacier Real Estate Finance have collaborated to arrange $50 million in construction take-out… Read more
JLL Secures $24M Loan for Seattle Affordable Housing Portfolio
JLL Capital Markets has worked on behalf of SRM Development to secure a five-year, fixed-rate, $24.3 million Fannie Mae loan… Read more
Shoreham Capital Appoints Bill Wenner as VP of Development
West Palm Beach, FL-based Shoreham Capital has named Bill Wenner as VP of development Wenner will oversee the entire development… Read more
Amazon Closing Fresh Pickup Location in Ballard
Amazon continues to pull back on brick and mortar stores, as the company has announced the closure of its Amazon… Read more
Hanley Investment Group Reaches $100M in PNW Sales
Hanley Investment Group, a commercial real estate brokerage that specializes in retail, has crossed the $100 million threshold in the… Read more
Meta Downsizes With Sublease Plans in Seattle & Bellevue
Menlo Park, CA-based tech giant Meta has confirmed it plans on subleasing the Arbor Blocks 333 building in Seattle’s South… Read more
Formost Fuji Acquires Everett Industrial Property for $20M
Kidder Mathews’ Zach Vall-Spinosa and James Leptich have represented Woodinville, WA-based packaging manufacturer Formost Fuji in the $20.05 million purchase… Read more
EQ Office Completes Redevelopment of Seattle Office Tower
Real estate investment firm EQ Office and Olson Kundig architects have completed the redevelopment of 800 Fifth, a Class A… Read more
Downtown Seattle Building Undergoes Extensive Renovation
Urban Renaissance Group (URG) and BentallGreenOak have announced renovation plans for the 20-story Plaza 600 office and retail building in… Read more