Washington
Multiple Bartell Drug Locations Closing in Seattle Area
At least three Bartell locations in the Seattle metropolitan area, adding to the wave of closures that began just over… Read more
Vertical World Expands with New Interbay Lease
Vertical World, America’s first pioneering climbing gym, signed a 15-year lease for 42,337 square feet of space at Commodore Interbay… Read more
CMBS Distress Rate Rises for Top 20 SMSAs
The distress rate for CMBS loans across the 20 largest markets in August was 7.2%, slightly above the national CMBS… Read more
Developer Takes Over Tacoma Modular Tower Project
Charles Cheung, a Los Angeles-area developer, is seeking permits to develop a $70 million, 233-unit project called Star Residence. In… Read more
Lift Partners Pay $30M for M3 Business Center
Tukwila’s M-3 Business Park, at 1001-1061 Andover Park E., sold for $30 million to San Francisco-based investment company Lift Partners.… Read more
Panattoni Breaks Ground on Large Industrial Development
Panattoni Development, in partnership with PGIM Real Estate, acquired North Creek Commerce Center at 18712 Bothell Everett Highway in Bothell,… Read more
Skanska Chosen by State of WA for $834M Project on I-405
Skanska signed an $834 million contract with the Washington State Department of Transportation (WSDOT) to expand and make operational improvements… Read more
Partner Valuation Advisors Names West Coast Managing Director
Partner Valuation Advisors, a national commercial real estate valuation advisory firm, has added Phillip Hanshew as managing director in San… Read more
U District Partnership Grants Aimed to Revive Commercial Properties
The U District Partnership has introduced the 2023 U District Vacant Spaces Revival Grant program. The initiative is an opportunity… Read more
Leah Masson Joins Cushman & Wakefield as Senior Director
Leah Masson has joined Cushman & Wakefield’s Seattle office as a Senior Director. With nearly a decade working in the… Read more
HSF Originates $52M Loan for Woodinville Hotel Development
Dallas-based private lender HALL Structured Finance (HSF) originated a $52-million loan for the development of The Somm Hotel and Spa,… Read more
Stuf Self-Storage Expands to Atlanta’s West Midtown
Self-storage startup Stuf has grown its national tech-enabled network into the southeast with a new Atlanta location. The company also… Read more
Gantry Arranges Refi on Flex Industrial Park
Gantry has secured $11 million of permanent financing to refinance Cumberland Industrial Center, a four-building flex industrial park encompassing 118,500… Read more
Ziegler Closes $118M Bond Issue on Redmond CCRC
Specialty investment bank Ziegler has closed the Emerald Heights $118,330,000 Series 2023 Bonds through the Washington State Housing Finance Commission. Proceeds from the bonds… Read more
Polish Developer Cavatina Announces First Seattle Project
Cavatina, Poland’s leading office and residential developer, has unveiled its first Seattle project as the company plans to enter the… Read more
Seattle Apartment Project Nears Completion, Begins Leasing
The seven-story, 82,000-square-foot project, called John Fox Place (formerly Nesbit), has begun leasing and is expected to finish in the… Read more
CBRE Facilitates Sale of 228-Unit Bend MF Community
CBRE facilitated the sale of the Seasons at Farmington Reserve, a 228-unit multifamily community in Bend, Oregon, to ColRich. CBRE’s… Read more
Earth Care to Establish First North American Location in Seattle
Earth Care Equipments Private Limited, a leading manufacturer of organic waste converters based in India, will establish its first North… Read more
MMCC Arranges $4M Refinancing for Seattle MF Asset
Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged $4.025 million… Read more