Seattle
Redfin and RentPath Are Officially Hitched
Late last week, Seattle-based Redfin completed its previously announced acquisition of RentPath for $608 million in cash. Now aligned with… Read more
PNW Data Center Pipeline Hits Record Levels
As the Pacific Northwest continues to develop as a major market for the data center industry, the construction pipeline in… Read more
Former Bon Marché, Macy’s Stores Get New Life
Seattle-based Urban Renaissance Group LLC (URG) and investment firm KKR recently acquired the 300 Pine St. building in downtown Seattle.… Read more
Seattle Takes the Tech Leasing Top Spot
Seattle claimed the top spot among leading U.S. markets for large tech leases, with 14 mega-leases of a cumulative 3.4… Read more
Brookfield Adds Sumner Logistics Asset to Portfolio
As a target global gateway market, Seattle continues to be a focus for Brookfield Properties’ growing logistics business. The firm… Read more
Merrill Gardens Approaches Stabilized Occupancy
Merrill Gardens Rancho Cucamonga is a 112-unit independent living, assisted living and memory care facility built in 2018. The property… Read more
The Portal Sells for Third-Highest Price/SF for its Size
The Portal, a 56-unit mixed-use apartment building located at 743 N. 35th St. in the Fremont neighborhood, recently sold for… Read more
Safeway Near UW Campus is Largest Site Brought to Market
Located at 3020 NE 45th St., the property is ground leased to the Safeway grocery chain, which has operated as… Read more
Avalon Goes from 76% to 90% Leased in Four Months
Pathfinder Partners, a San Diego-based private equity firm specializing in multifamily real estate investments, recently sold Avalon Apartments for $23… Read more
Judkins Park Breaks Ground for Future Multifamily, Retail
Real estate development firms Hatteras Sky and Trent Development, and capital partner Cresset Diversified Real Estate Capital recently broke ground… Read more
Office Demand Recovers in NYC, Other Key Markets as 2021 Progresses
A year after the pandemic began, demand for office space in the country’s largest markets is approaching pre-COVID levels, and… Read more
Office Industry Vets Join C&W as Two-Person Team
Veteran office brokers Andrew Shultz and Brandon Burmeister have joined Cushman & Wakefield as senior directors in Seattle. Shultz brings… Read more
Do You Know a Rising Star in CRE?
Connect Media’s 2020 Next Generation Awards shined a spotlight on an impressive list of more than 100 of commercial real… Read more
3D Imaging System Gets Nod for MHI Innovation Awards
Seattle-based ThruWave, a pioneer of 3D millimeter wave (mmWave) imaging for logistics and supply chain automation, has been named a… Read more
Top Life Science Broker Steve Purpura Joins Beacon Capital in Boston
Steve Purpura, the head of CBRE’s Boston Consulting Practice and northeast Life Science Practice, has left the firm to join… Read more
Office Vacancies Are Highest in Austin, San Francisco and Seattle
Austin, San Francisco and Seattle took the brunt of the COVID wallop in terms of loss of occupancy during the… Read more
Report: U.S. Office Sector Continues to Struggle Toward Recovery
As the local weather conditions around much of the U.S. are typical of the unsettled, uncertain early days of spring,… Read more
Shelf Engine Automation Generates Accurate Grocery Orders
Prior to the pandemic, average grocery profits hovered around 2 percent, largely due to store and supply chain inefficiencies. Shifting… Read more
Nominate a Rising Star for Our Fifth Annual Next Generation Awards
Connect Media’s fourth annual Next Generation Awards in 2020 shone the spotlight on more than 100 of commercial real estate’s… Read more