Washington
Gerding Edlen Completes Succession Plan, Investment Management Arm Goes Green
Portland-based Gerding Edlen Development (GED) phased out the Gerding Edlen name and formed Edlen & Company. Mark Edlen and former… Read more
CenterPoint Claims First Renton Asset
Oak Brook, IL-based CenterPoint Properties acquired its first property in Renton. The asset at 811 S.W. Grady Way was sold… Read more
Washington Gov. Inslee Unveils New COVID-19 Recovery Plan, Set to Launch This Week
Washington Governor Gov. Jay Inslee unveiled a phased COVID-19 recovery plan, called “Healthy Washington – Roadmap to Recovery.” The new… Read more
Avison’s Chicago Office Adds Operations Manager
Samantha Fonda has joined Avison Young as the operations manager for the Chicago region. She’ll be responsible for defining operational policies; identifying, hiring… Read more
Amazon Launches $2B Housing Equity Fund
Amazon launched the Housing Equity Fund, a more than $2 billion commitment to preserve and create in excess of 20,000… Read more
Invesco Adds Redmond Creative Office Asset to Portfolio
Invesco Real Estate acquired 9805 Willows, an 80,980-square-foot, creative office asset in Redmond, reportedly for nearly $35.5 million. The seller was… Read more
MCA Realty Enters Puget Sound Metro with First Acquisition
MCA Realty acquired Lakewood Business Park, a 136,350-square-foot multi-tenant industrial asset in Lakewood for $18.2 million. The deal marks the… Read more
Bridge Buys 117-Acre Site for 1.9M-SF Logistics Corridor Development
Chicago-based Bridge Development Partners acquired 117 acres in Milton with plans to develop Bridge Point I-5 Seattle, a four-building, 1.9-million-square-foot… Read more
Killian Pacific Unveils Plans for SW Washington Waterfront Community
Killian Pacific plans to develop Ninebark, a new residential community on nearly nine acres along the Columbia River and part… Read more
Washington Gov. Inslee Extends Eviction Moratorium Through March
Washington Governor Jay Inslee extended the state’s eviction moratorium, extending all existing provisions and making adjustments to provide additional support… Read more
Faul Acquires Historic Site in Belltown for Adaptive Re-Use Project
Seattle-based Faul acquired the historic Seattle Labor Temple building at 2800 First Ave. in Belltown. The developer plans an adaptive… Read more
Skanska Divests Share of Seattle Tower to Hana for Nearly $670M
South Korean financial group Hana Alternative Asset Management, alongside Hana Financial Group, acquired a 95% stake in the Skanska-developed and… Read more
SKB Snags Industrial Portfolio in Seattle’s Magnolia-Interbay Submarket
ScanlanKemperBard (SKB) formed a joint venture with an existing capital partner to acquire a 213,066-square-foot industrial property near Seattle’s Magnolia,… Read more
Amazon Acquires Former Register Facility for $63M, Plans Last-Mile Facility
Amazon acquired the former Orange County Register newspaper printing facility in Santa Ana from Caribou Industries for $63.2 million. The… Read more
Mt. Baker Completes Enviro Clean Up for Seattle MF Development
Mt. Baker Housing (MBH) completed environmental remediation of The Maddux affordable housing site in Seattle’s Mt. Baker neighborhood. It is… Read more
Seattle Port Commission Approves $3.7B Capital Improvement Plan
Port of Seattle Commissioners approved the 2021 budget and five-year, $3.7 billion capital improvement plan to support an equitable, rapid,… Read more
Bridge Buys Kent Site, Plans 310K-SF Industrial Development
Bridge Development Partners acquired 6750 S. 228th St. in Kent with plans to transform the site into Bridge Point Kent… Read more
Newmark Completes $16M Net Leased Grocer Deal
A single-tenant, net leased grocer property within Walla Walla’s Eastgate Marketplace Shopping Center traded hands for $16.2 million. The 60,026-square-foot… Read more
Seattle Extends Eviction Moratorium Through Spring
Seattle Mayor Jenny A. Durkan signed a new Executive Order extending COVID-19 relief measures for residents and continuing the moratoriums… Read more