Seattle
Invesco Adds Redmond Creative Office Asset to Portfolio
Invesco Real Estate acquired 9805 Willows, an 80,980-square-foot, creative office asset in Redmond, reportedly for nearly $35.5 million. The seller was… Read more
Bridge Buys 117-Acre Site for 1.9M-SF Logistics Corridor Development
Chicago-based Bridge Development Partners acquired 117 acres in Milton with plans to develop Bridge Point I-5 Seattle, a four-building, 1.9-million-square-foot… Read more
Faul Acquires Historic Site in Belltown for Adaptive Re-Use Project
Seattle-based Faul acquired the historic Seattle Labor Temple building at 2800 First Ave. in Belltown. The developer plans an adaptive… Read more
Skanska Divests Share of Seattle Tower to Hana for Nearly $670M
South Korean financial group Hana Alternative Asset Management, alongside Hana Financial Group, acquired a 95% stake in the Skanska-developed and… Read more
SKB Snags Industrial Portfolio in Seattle’s Magnolia-Interbay Submarket
ScanlanKemperBard (SKB) formed a joint venture with an existing capital partner to acquire a 213,066-square-foot industrial property near Seattle’s Magnolia,… Read more
Amazon Acquires Former Register Facility for $63M, Plans Last-Mile Facility
Amazon acquired the former Orange County Register newspaper printing facility in Santa Ana from Caribou Industries for $63.2 million. The… Read more
Mt. Baker Completes Enviro Clean Up for Seattle MF Development
Mt. Baker Housing (MBH) completed environmental remediation of The Maddux affordable housing site in Seattle’s Mt. Baker neighborhood. It is… Read more
Seattle Port Commission Approves $3.7B Capital Improvement Plan
Port of Seattle Commissioners approved the 2021 budget and five-year, $3.7 billion capital improvement plan to support an equitable, rapid,… Read more
Seattle Extends Eviction Moratorium Through Spring
Seattle Mayor Jenny A. Durkan signed a new Executive Order extending COVID-19 relief measures for residents and continuing the moratoriums… Read more
Seattle Creates First Public Development Authority in Nearly 40 Years
Seattle Mayor Jenny A. Durkan signed the Cultural Space Agency Public Development Authority (PDA) charter to create the first new… Read more
Amazon is World’s Largest Corporate Purchaser of Renewable Energy
Seattle-based Amazon.com, Inc. signed agreements to purchase energy from 26 wind and solar projects around the world, a move that… Read more
Fireside Flats MF Launched in Seattle’s Roosevelt Neighborhood
Seattle-based Pastakia + Associates commenced construction on Fireside Flats, a six-story multifamily building in Seattle. The project is located on… Read more
Oracle Relocating to Texas from Silicon Valley
Software giant Oracle Corp., a Silicon Valley mainstay for more than 40 years, said Friday it would relocate its headquarters to… Read more
MG Properties Bags Bellevue MF from Kennedy Wilson for $191M
San Diego-based MG Properties Group acquired the LIV Bel-Red Apartment Homes in Bellevue for $191 million. The seller was Kennedy… Read more
Clarion Claims $450M Stake in Alexandria’s SLU Life Science Portfolio
An affiliate of Alexandria Real Estate Equities, Inc. divested a 70% interest in a three-asset life science portfolio in Seattle’s… Read more
Lawyers in Real Estate 2020: Hillis Clark’s Kurt Kruckeberg
Kurt Kruckeberg, principal of Hillis Clark Martin & Peterson in Seattle, has devoted his career to understanding the real estate… Read more
Lawyers in Real Estate 2020: Olshan’s Eric Goldberg
As a partner at Olshan Frome Wolosky, Eric Goldberg is well-known for his skilled handling of sophisticated real estate structures,… Read more
CenterPoint Properties Claims Auburn & Tukwila Facilities
Oak Brook, IL-based CenterPoint expanded its Puget Sound portfolio with the addition of a pair of industrial facilities for roughly… Read more
Amazon Fresh Will Make Illinois Debut in Naperville This Week
Amazon said Friday it would open its first Amazon Fresh grocery store in Illinois on Dec. 10 in Naperville. The… Read more