BELLEVUE, WA-Lend Lease Real Estate's building permits for the 1.4-million-sf mixed-use development expired and came back to life this week as a three-phase project. Lend Lease now has one year to restart construction and five years to complete the $360-million project.
TUMWATER, WA-Thurston County Economic Development Director Dennis Matson tells GlobeSt.com he is working with a team from Milwaukee appointed by Miller Brewing to handle the disposition but that the process won't get underway until negotiations with the union are complete regarding severance.
SEATTLE-The self-storage REIT promotes its EVP and chairman of Shurgard Europe David Gant to president and COO of the overall company. The role change is effective the first day of August.
HILLSBORO, OR-Continental Real Estate Companies still must acquire the 17-acre property and Meier & Frank still must sign a formal lease agreement, but Continental President David Kass tells GlobeSt.com the department store chain has otherwise committed to anchor the would-be 370,000-sf retail center.
BELLEVUE, WA-The division of Pacific Theaters Corporation was slated for 86,000-sf movie theater on the ground and mezzanine levels in the 315,000-sf retail portion of the 1.4-million-sf Lincoln Square project, construction of which was halted last summer.
TUKWILA, WA-Portland, OR-based MBK Northwest sells 450,000 sf of Parkway SuperCenter--a 700,000-sf collection of big box, power center retailers and restaurants--to New York-based KIMCO Realty Corp.
SEATTLE-Over the next 90 days, the Fresno, Calif.-based regional retailer will close four stores in the Seattle-Metro area, one in Wenatchee, Wash. and one in Corvallis, Ore. The moves are part of a larger cost-cutting plan announced this week.
VANCOUVER, WA-Replacing Rite Aid, which leased 35,000 sf, Ross is scheduled to open a 30,187-sf store this fall at the 164,400-sf mall owned by C.E. John Co. It will be the second Ross store in the Vancouver market.
TACOMA, WA-The state Court of Appeals recently upheld a minicasino owner's right to expand its business on the Tacoma waterfront thanks to a poorly timed challenge from the state Department of Ecology.
DUPONT, WA-The Weyerhaeuser and DuPont companies will spend about $25 million to clean up 850 acres of contaminated land here that will eventually hold a 180-acre golf course and substantial commercial and industrial development.