Washington
Extended Stay Portfolio Sets New U.S. Price-Per-Key Record for Woodspring Brand
A five-property 596-room extended-stay hotel portfolio in Washington recently sold to SPI Hospitality LLC of Dallas. With an aggregate sale… Read more
ACI and Tradewinds Team Up on PNW Training
ACI Mechanical and HVAC Sales recently teamed up with HVAC provider Tradewinds Climate systems to offer the complete line of… Read more
Three Solar Installations Produce 100% Renewable Energy
Excelsior Energy Capital, Monarch Private Capital, Unico Solar Investors, Oak View Group and the Seattle Kraken announced the completion of… Read more
A New Model for Measuring CRE Market Risk
With the pandemic leading commercial real estate professionals to rethink assumptions about which markets are safe and which are risky, the NAIOP Research Foundation has developed… Read more
Tech Sector Leads Rebound in U.S. Office Demand
The tech industry led a rebound in U.S. office-leasing activity in 2021, fueled by increased hiring and demand for tech… Read more
Spire’s Strategic Marketing Efforts Pay Off During COVID
Spire, the $350 million 41-story condominium tower by Laconia Development, has sold 88 homes so far in 2021, exceeding that… Read more
Kent’s Limited Supply Gives Midtown 64 an Edge
A partnership between Security Properties Inc. and an affiliate of Rockwood Capital recently acquired Midtown 64 in an off-market transaction… Read more
Former Buca di Beppo Site Could be Developed up to 350 Feet
A former restaurant location on 1.11 acres at 4301 Alderwood in Lynnwood recently sold to Koz Development for $5.5 million.… Read more
Climate Pledge Arena Relies Solely on Renewable Energy
The newly opened Climate Pledge Arena employs numerous sustainable practices and operations. The arena relies solely on renewable energy sources… Read more
It’s Time to Spotlight CRE’s Standout Attorneys
The deadline is end-of-day on Friday to submit nominations for Connect CRE’s second annual Lawyers in Real Estate Awards. Response to this year’s awards program has been positive,… Read more
Plans are Afoot for Bellevue Office Campus
Insiders say Tishman Speyer Properties is under contract to buy the BelleVista Place project in Bellevue, WA, which has an… Read more
Climate Pledge Arena Opens Doors with Net Zero Goal
Populous designed the new Climate Pledge Arena in Seattle, which opened its doors to the public on Oct. 22. The… Read more
Invesco, LPG Buy 211K-SF Cascadian and its Life Sciences Capabilities
The Cascadian, a 211,066-square-foot project in the Eastlake Corridor of South Lake Union, recently sold for an undisclosed price to… Read more
Geo Queen Anne Includes 20% Affordable Rates
A $47.6 million loan was recently arranged for the construction of Geo Queen Anne, a 168-unit multifamily community. Located at… Read more
Propeller Airports Plans Redevelopment at Paine Field
Propeller Airports today announced the acquisition of Castle & Cooke’s fixed based operation (FBO) at Paine Field in metro Seattle.… Read more
Construction to Get Underway Next Year on Inn & Spa at Rocky Pond
Next summer, GenCap Construction Corp. will begin work on its newest project in Washington State, the Inn and Spa at… Read more
Bridge Inks Five Leasing Agreements at Three New Industrial Facilities
With the global pandemic catalyzing the growth of e-commerce across the country and population surges in the Seattle and Portland… Read more
Wonolo Announces Raise of a $138M Growth Round
Increasingly, businesses across the country are grappling with unpredictability – from inconsistent consumer demand to labor shortages to supply chain… Read more
NextWave is Bullish on the Pacific Northwest
According to David Sloan, principal at Next Wave Investors LLC, recent Yardi data indicates continuing growth in demand for quality… Read more