SEATTLE-Krispy Kreme Doughnuts petitions the city for a master use permit to build a 4,300-sf store in North Seattle on 125th Street and North Aurora. It will mark the company's third foray into Washington state.
TACOMA-Members of the Tacoma School District OK a plan to buy the six-story Broadview Apartments for $3.6 million. The eventual purchase will allow for the expansion and modernization of Stadium High School.
SEATTLE-King County preserves the 443-acre Ames Lake Forest near Carnation through its transfer of development rights program. The rights have been banked for resale to landowners inside the city's Denny Triangle neighborhood.
FEDERAL WAY, WA-Quadrant Corp., the Bellevue, Wash.-based real estate arm of Weyerhaeuser, sells the Washington Education Association a 60,000-sf Northlake Building for $9.5 million. The purchase includes a 3.8-acre parcel of land valued at $2.5 million.
LYNNWOOD, WA-In yet another sizable retail transaction in Snohomish County, a Redmond, Wash.-based private partnership purchases the retail center for $6.4 million. Anchored by a QFC market, the center was 84% leased at the time of sale.
TACOMA, WA-City officials are contemplating whether to apply for a $2.7 million grant from the U.S. Department of Housing and Urban Development in order to buy the 42,804-sf Carlton Center office building. The public will be asked to weigh in on the purchase next month.
SEATTLE-In the investment market, there have been some eye-catching sales so far this year, according to the report, but for the most part, "there's nothing for sale.
SEATTLE-Developers seeking to refurbish Barcelona Court condominiums on Queen Anne have received $3.8 million in financing from Seattle Savings Bank. The money will be used to rehab the historic 13-unit complex.
SEATTLE-Three apartment complexes trade hands, indicating that the Puget Sound multifamily market is managing to stay afloat even in rough economic waters. Investors appear to be taking this lull and hoping to turn transactions into future opportunities.
SPOKANE, WA-Borders Books and Music plans to open a 23,576-sf store by September. The store will be located at the southwest corner of Highway 2 and East Hawthorne Road in the Northpointe Plaza shopping center.