FIFE, WA-Publicly traded Heartland Partners LP agrees to sell the residential-zoned land in phases over the next three years. The first phase, a $5.6-million deal, is expected to close before the end of the year.
SEATTLE-Prompted in part by the recent terrorist attacks, locally-based essention Inc. and WPS work quickly to aid the real estate industry in its emergency planning and recovery operations online.
VANCOUVER, WA-Light Photonics, an early stage optical component supplier, will start production at tis new 57,000-sf laser diode manufacturing plant later this month. The facilty, which includes 22,000 sf of class 1000 clean room, was completed in August.
ISSAQUAH, WA-Despite a dim economy, JPI Development has snapped up a 247-unit apartment complex here for $8.6 million, according to Cushman & Wakefield. The site is located on 627 acres of the Talus Master Planned Community.
RENTON, WA-Three smokestacks at the Shuffleton Steam Plant are scheduled to be demolished Saturday morning, making room for a mixed use development at the south end of Lake Washington.
SEATTLE-The owners of the recently renovated properties pay off a Key Bank construction loan with a $12-million, 15-year permanent financing from Safeco Life Insurance Company and Sterling Savings Bank.
POULSBO, WA-Plans to put an Olympic College branch here have been placed in limbo, along with $300 million in construction projects being halted state wide because of an ailing economy.
SEATTLE-The vacancy rate grew 1.6 percentage points from the second quarter to the third, a much slower pace than the 3.5 percentage point gain between the first and second quarters, according to the latest data from Cushman & Wakefield.
SEATTLE-In an effort to lure more tourists to spend their money in the Emerald City, the Seattle-King County Convention and Visitors Bureau discount program has kicked off a bit earlier this year.
BELLEVUE, WA-The regional developer is moving its headquarters from Kirkland to its latest project, Civica Office Commons in downtown Bellevue. Schnitzer will take about 16,000 sf on the fourth floor in the north building of the two-tower, 300,000-sf development, bringing it to 86% occupancy.