Washington
Redfin and RentPath Are Officially Hitched
Late last week, Seattle-based Redfin completed its previously announced acquisition of RentPath for $608 million in cash. Now aligned with… Read more
PNW Data Center Pipeline Hits Record Levels
As the Pacific Northwest continues to develop as a major market for the data center industry, the construction pipeline in… Read more
Former Bon Marché, Macy’s Stores Get New Life
Seattle-based Urban Renaissance Group LLC (URG) and investment firm KKR recently acquired the 300 Pine St. building in downtown Seattle.… Read more
Seattle Takes the Tech Leasing Top Spot
Seattle claimed the top spot among leading U.S. markets for large tech leases, with 14 mega-leases of a cumulative 3.4… Read more
Brookfield Adds Sumner Logistics Asset to Portfolio
As a target global gateway market, Seattle continues to be a focus for Brookfield Properties’ growing logistics business. The firm… Read more
Merrill Gardens Approaches Stabilized Occupancy
Merrill Gardens Rancho Cucamonga is a 112-unit independent living, assisted living and memory care facility built in 2018. The property… Read more
Where Are Investments Thriving?
As one quarter winds down, there are signs of improvement within the commercial real estate sector in many respects. Connect… Read more
The Portal Sells for Third-Highest Price/SF for its Size
The Portal, a 56-unit mixed-use apartment building located at 743 N. 35th St. in the Fremont neighborhood, recently sold for… Read more
Shovel-Ready Dirt Can Support 10.3MSF of Multi-Use Development
Segale Properties has begun marketing 250 contiguous acres of pad-ready properties ─ fully entitled for a wide range of uses… Read more
LifeStance Heads South for Corporate Relocation
LifeStance Health recently relocated its corporate headquarters to Scottsdale from Bellevue, WA. The behavioral health care company signed a lease… Read more
Safeway Near UW Campus is Largest Site Brought to Market
Located at 3020 NE 45th St., the property is ground leased to the Safeway grocery chain, which has operated as… Read more
Avalon Goes from 76% to 90% Leased in Four Months
Pathfinder Partners, a San Diego-based private equity firm specializing in multifamily real estate investments, recently sold Avalon Apartments for $23… Read more
Judkins Park Breaks Ground for Future Multifamily, Retail
Real estate development firms Hatteras Sky and Trent Development, and capital partner Cresset Diversified Real Estate Capital recently broke ground… Read more
Suburban Apartments Have Outperformed Central Cities, Right? Not Necessarily
Among the theses that emerged during the course of the pandemic was that suburban apartment properties have outperformed their central-city… Read more
NMHC: Make Housing a Component of the Infrastructure Conversation
With attention in Washington turning to a potentially large-scale infrastructure package, the National Multifamily Housing Council has provided an analysis… Read more
Bridge Point Lakewood 90 Benefits from Industrial Uptick
Previously a vacant gravel lot, Bridge Point Lakewood 90 will be an industrial warehouse and distribution facility. Bridge Development Partners… Read more
Office Demand Recovers in NYC, Other Key Markets as 2021 Progresses
A year after the pandemic began, demand for office space in the country’s largest markets is approaching pre-COVID levels, and… Read more
Office Industry Vets Join C&W as Two-Person Team
Veteran office brokers Andrew Shultz and Brandon Burmeister have joined Cushman & Wakefield as senior directors in Seattle. Shultz brings… Read more
Lendlease Names Americas Head for EH&S
Lendlease named Ray Master as head of environment, health & safety (EH&S), Americas. He’ll be based in Lendlease’s New York… Read more