David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
SEATTLE—Amazon holds a long-term lease, and JLL Capital Markets says the sale of the 15-story downtown Seattle office property is indicative of the area's robust office market.
SEATTLE—HFF made the deal for the seller, Unico Properties, and arranged a loan for the undisclosed buyer. Built in 1914, the landmark Smith building was until 1931, the tallest office property west of the Mississippi.
VENICE—Hines Italis SGR has assumed management of the fund from appointed manager Est Capital. The fund includes numerous properties on the Venice Lido including two cultural landmark hotels.