Seattle
Elion Establishes West Coast Presence in Seattle with Former Amazon Logistics Exec
Miami-based Elion Partners expanded its leadership team with the addition of James Lambert, the former head of real estate for… Read more
Bridge Plans Industrial Development on 16-Acre REI Kent HQ Site
Chicago-based Bridge Development Partners is buying 16 acres in Kent with plans to develop a two-building warehouse project. The site… Read more
April MF Rent Collections for Oregon, SW Washington Better than Expected
Not since 2008 has there been such a dramatic shift in the rental market as in the past month, as… Read more
Modular Builder Expanding Factory Footprint to Phoenix Area
Palo Alto, CA-based S2A Modular plans to build a $25 million facility in the Phoenix area in 2021. The sustainable… Read more
Village at Totem Lake Debuts in Kirkland
El Segundo, CA-based CenterCal Properties opened the initial phase of The Village at Totem Lake in Kirkland. Phase one of… Read more
Two Washington Firms Ranked on NMHC’s List of Top 50 Largest MF Owners
A pair of Pacific Northwest apartment companies were recognized by the National Multifamily Housing Council (NMHC) on its 2020 NMHC… Read more
Seattle, Tacoma Port Container Volumes Dip 22% Due to COVID-19
Total container volumes dropped 21.6% in March 2020 compared to the previous year at ports of Seattle and Tacoma. The… Read more
Vacant Mercer Island Redev Site Snagged for Nearly $47M
Minneapolis-based Ryan Cos. and Seattle-based HAL Real Estate acquired a nearly six-acre property on Mercer Island for $46.45 million. The… Read more
Savills Brings Kevin Harris to D.C. Office
Kevin Harris has joined Savills as corporate managing director in the Washington, D.C. office. He will be responsible for providing customized… Read more
Amazon Just Filled 100,000 Positions, Looks to Add Another 75,000
Amazon hired more than 100,000 people in less than a month as the COVID-19 pandemic struck. The giant Seattle-based e-commerce… Read more
Port of Seattle Provides Rent Relief to Maritime, Landside Tenants
Building on recent tenant relief at Seattle-Tacoma International Airport, the Port of Seattle will provide rent relief for qualifying business… Read more
Domain Capital, Simpson Housing Form $1B JV with PFA Pension
Atlanta-based Domain Capital Group, LLC’s subsidiary, Domain Capital Advisors, and Simpson Housing LLLP completed a joint venture with PFA Pension… Read more
NorthMarq Arranges Nearly $23M Refi of Frederickson MF
NorthMarq’s Seattle office secured $22.5 million to refinance Sawyer Trail Townhomes, Phase I in Frederickson, WA, a community 15 miles… Read more
Port Temporarily Suspends 20 Ongoing Construction Projects
The Port of Seattle will temporarily suspend roughly 20 current construction projects from Thursday, April 9 to Monday, April 13… Read more
Seattle Drops on Construction Crane Index
Seattle no longer holds the crane count crown on Rider Levett Bucknall’s Crane Index. The Emerald City’s 36 cranes is… Read more
Despite COVID-19 Restrictions, Burrard Reports Strong Condo Sales at Seattle’s Nexus
Strong home sales, closings and move-ins are progressing safely and at a swift pace at the Nexus condominium building in… Read more
Port of Seattle Bars Evictions, Offers Emergency Financial Relief to Airport Tenants
The Port of Seattle Commission today approved an immediate, short-term emergency financial relief package for airport-based businesses, barring evictions of… Read more
McKinstry Bolsters Technical Services Business
McKinstry, a Seattle-based designer, builder, operator, and building maintenance firm, named a new National Director of Technical Services and promoted… Read moreRedfin Receives $110M Injection from Durable Capital
Seattle-based Redfin Corporation reached an agreement to sell $110 million of capital stock to Durable Capital Partners LP. The proposed… Read more