Washington
Ray Chavez Joins CenterCal as GM
CenterCal Properties recently appointed Ray Chavez as general manager. Chavez will be based out of The Village at Totem Lake… Read more
Lighthouse and ESI Plan Upgrades After Hotel 1000 Buy
Lighthouse Investments and ESI Ventures with equity financing from Kildare Partners recently acquired the Hotel 1000 in downtown Seattle. The… Read more
Deep Roots in Bellevue Lead to Lake Washington Partners’ 520 Corridor Buy
Lake Washington Partners LLC recently purchased Corporate Campus East in Bellevue’s 520 Corridor from the commingled fund of Kennedy Wilson… Read more
Craig Kinzer Joins CBRE’s Advisory and Transaction Services
Craig Kinzer, founding partner of Seattle-based commercial real estate firm Kinzer Partners, is joining CBRE. Kinzer is an industry veteran… Read more
MG Gravitates Toward Centra Opportunity
MG Properties Group recently acquired Centra for $74.5 million from FORE Property. This five-story 223-unit property in Midtown Phoenix was… Read more
Autumn Grove Buy is Calida Group’s First in Portland MSA
Autumn Grove, a 148-unit multifamily asset in Vancouver, WA, was completed in three phases. After receiving its certificate of occupancy… Read more
Amazon and Sound Transit Partner on Affordable Housing
Rising rent costs and real estate prices in the Puget Sound region have made transit-oriented development an impactful solution for… Read more
Roosevelt Neighborhood Multifamily Gets $80M in Added Financing
An $80 million loan was recently arranged for a 275-plus unit apartment complex located in the Roosevelt neighborhood of Seattle.… Read more
Kilroy’s $670M Agreement Includes Indeed Tower Acquisition
Kilroy Realty Corporation has reached agreement in three separate off-market transactions totaling approximately $670 million to acquire Indeed Tower in… Read more
EQ’s U.S. Bank Center Redevelopment to Provide New Energy
EQ Office unveiled the redevelopment of U.S. Bank Center (USBC) in what promises to be one of the largest and… Read more
TexasCentral Signs $16B Contract for High-Speed Train
Texas Central, developer of the high-speed train between Dallas and Houston, has signed a $16 billion contract with Webuild (operating… Read more
WA State Convention Center’s Summit Building Tops Out
Since breaking ground in 2018 on the Washington State Convention Center (WSCC) Addition project, also known as the Summit building,… Read more
Source Expands Resource Centers to Six U.S. Cities
Commercial construction startup Source announced the expansion of its resource centers to six major U.S cities. The resource centers will… Read more
RISE Picks Up Preserve at Sunnyside with Value-Add in Mind
Seattle-based RISE Properties Trust, a Canadian real estate trust, recently acquired the Preserve at Sunnyside Apartments, a 108-unit garden-style community… Read more
Alaska Airlines Plan to Resume Full Schedule at Paine Field
With increasing confidence that air travel is on a steady climb to pre-pandemic levels in the coming year, Alaska Airlines… Read more
Tacoma’s Pent-Up Demand Precipitates Another Multifamily Build
Tacoma is the third largest city in Washington, and its downtown and CBD have experienced a rebirth which has served… Read more
South Seattle Distribution Center Sells for $73M
A three-building industrial warehouse portfolio, South Seattle Distribution Center, was sold to current tenant, Charlie’s Produce, for nearly $73 million.… Read more
Port of Warden Gets SIP Funding for Infrastructure Phase 2
In the past few years, a great deal of economic development and freight growth has occurred at the Port of… Read more
Main Street Place to Consist of 1.2M SF in Downtown Bellevue
Main Street Place, a 6.75-acre mixed-use development, is to be located in one of the most active submarkets in the… Read more