Tacoma
$1.2B Point Ruston Development in Tacoma Resumes
The $1.2-billion Point Ruston mixed-use development near Tacoma was cleared to resume construction, following an earlier stoppage when businesses in… 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
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 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
NorthMarq’s Garfinkel Arranges $42M in Debt on Retail in Midwest, Northwest
St. Louis-based NorthMarq Capital SVP David Garfinkel secured $42.3 million in financing for three retail properties in Tacoma, WA, St.… Read more
NorthMarq Secures $19M for Sumner MF
NorthMarq arranged the $19,461,000 financing for The Main Apartments, a 108-unit multifamily property in Sumner, WA. The property is located… Read more
Breaking Down What’s Behind Record-Breaking King County Apartment Sales, Velocity
Lee & Associates’ Northwest Multifamily team issued its Spring 2020 Multifamily Investment Review this week, which delivers an analysis of… Read more
Container Traffic Slides on Factory Shutdowns Over Coronavirus
With coronavirus causing longer Lunar New Year shutdowns of factories in China, imports at major U.S. retail container ports are… Read more
San Diego Investor Picks Up Puget Sound Multifamily for $90M
San Diego-based S. Lew & Associates, Inc. led a group of investors in the purchase of the 401-unit Avery at… Read more
Staffing Firm Upsizes with 83K SF in Move to Old Post Office
Recruitment and staffing firm TrueBlue, reported in October as being near a commitment to 601W Cos.’ Old Post Office redevelopment,… Read more
Report: Home Prices Increased 5% in November Amid Decline in Inventory
U.S. home sale prices increased 5.2% year-over-year in November to a median of $311,600, according to a new report from… Read more
Weingarten Snags Seattle-Area Retail Center
Covington Esplanade, a 187,388-square-foot, daily needs-focused neighborhood shopping center in the suburban Seattle community of Covington, WA, has reportedly traded… Read more
Staffing Firm TrueBlue Poised to Join Old Post Office Roster
Another big chunk of space at 601W Companies’ redeveloped Old Post Office has reportedly been taken down. Recruitment and staffing… Read more
17-Story Tacoma MF Trades for Nearly $26M
VDR Investments Homes LLC purchased Vista Del Rey, a 17-story, 130-unit apartment complex, located at 319 N. Tacoma Ave. in… Read more
Berkadia Completes Pair of Puget Sound MF Sales
Huntington Park and The Orion, two multifamily properties in the Puget Sound, have traded hands. Kenny Dudunakis, David Sorensen and… Read more
Two Industrial Parks Change Hands in the Kent Valley
Boston-based TA Realty acquired two industrial parks in southern King County for roughly $22 million. A local Puget Sound private… Read more
Tribe Reclaims Willamette Falls Ancestral Homelands
The Confederated Tribes of Grand Ronde acquired a 23-acre site near Willamette Falls that was once its ancestral homelands more… Read more
Seattle Multifamily Market Soars to New Heights
By Dennis Kaiser Seattle’s multifamily market continues to ride a wave of demand that is being buoyed by corporate office… Read more
Whole Foods Supplier Consolidates at 1.2M-SF Distribution Center in Centralia
Tukwila-headquartered O’Keefe Development is gearing up to welcome United Natural Foods Inc. (UNFI), Whole Foods’ primary supplier, to a more… Read more