Washington
Retail Imports Expected to Hit Lowest Annual Level in 4 Years
Imports at major U.S. retail container ports during 2020 are expected to drop to their lowest total in four years… Read more
WeWork Looks to Expand Puget Sound Footprint
WeWork plans to open a new location in Bellevue later this year. The co-working space operator is in negotiations to… Read more
American Capital Nears Finish Line on Everett’s Broadway Corridor MF
Bellevue-based American Capital Group is putting the finishing touches on Kinect @ Broadway, a 140-unit multifamily community on Everett’s Broadway… Read more
Mill Creek Plans Groundbreaking for Modera Overlake in Redmond
Mill Creek Residential is launching development of Modera Overlake, a new addition to its Pacific Northwest portfolio. The luxury mixed-use… Read more
Costco Continues Expanding Issaquah HQ Campus Footprint
Costco Wholesale acquired a 1.5-acre site adjacent to its corporate headquarters in Issaquah from Pickering Property LLC for $6.4 million… Read more
EverWest Drops $30M in Renton, Kicks Off Series of Seattle-Area Industrial Buys
EverWest Real Estate Investors inked the first of several anticipated industrial acquisitions this year in Washington state. The Denver-based investor… Read more
Kevin Colard Promoted to CIO at Weidner
Weidner Apartment Homes promoted Kevin Colard to Chief Investment officer of the Kirkland-based apartment owner. He previously served as the… Read more
Seattle Sees Sharp Drop in Construction Starts First Half of 2020
The COVID-19 pandemic and resulting recession crushed construction starts in most U.S. metro areas during the first half of 2020.… Read more
Skanska Hosting First-Ever Online Bricks & Books Event for Rainier Scholars
Seattle-based Skanska is changing its eighth-annual Bricks & Books auction benefitting Rainier Scholars to an online fundraising campaign. Starting this… Read more
Ryan Promotes Bret Jordan to Northwest Region President
Ryan Companies promoted Bret Jordan to Regional President for its Northwest region. Jordan joined the company in 2017 and quickly… Read more
Continental Properties Claims MF Dev Site Near Climate Pledge Arena
Bellevue-based Continental Properties completed a nearly $15.1-million land assemblage near Seattle’s Climate Pledge Area with plans to develop an eight-story,… Read more
Port of Seattle Cancels New $200M Cruise Terminal Project for Now
The Port of Seattle canceled its request for industry proposals for a joint investment to build and operate a new… Read more
Prologis Inks Deal with Darigold at Emerald Gateway
Prologis signed a more than 284,000-square-foot lease at Emerald Gateway with Seattle-based Darigold. The planned 1.25-million-square-foot megaproject is located south… Read more
Silverstein Snags Seattle Site Eyed for 500K-SF Resi Development
New York-based Silverstein Properties acquired 801 Blanchard Street in Downtown Seattle from Sugar Mountain Capital. The private real estate firm… Read more
Evergreen Proposes Terraces at New River MF in Glendale
Bainbridge Island WA-based Evergreen Investment Company proposed developing a linear 16-acre site in Glendale west of the Loop 101 at… Read more
Alexandria Acquires Turner Construction’s SoDo HQ Building
Pasadena, CA-based Alexandria Real Estate acquired a nearly one-third acre property at 830 Fourth Ave. S. in Seattle from Bode… Read more
Washington Gov. Inslee Issues Updated Reopening Guidance
Washington Governor Jay Inslee released additional guidance this week to Washington’s Safe Start phased reopening plan that comes on top… Read more
Seattle Passes Transportation Benefit District, Voters to Decide in November
The Seattle City Council approved the Seattle Transportation Benefit District ballot measure this week in a 9-0 vote that will… Read more
Neiman Marcus Vacates its Hudson Yards Store
A year after the 188,000-square-foot Neiman Marcus store at Hudson Yards opened, it’s going dark for good. The Dallas-based retailer,… Read more