SEATTLE, WA-Whether redeveloping, leasing or building to suit, Ruggerio paints a picture of a very active big-box market, but one where companies are paying close attention to the bottom line and staying lean when it comes to paying for space.
SEATTLE, WA-The 2001 retail investment year was buttoned up with two Burnham Pacific shopping centers changing hands for $11 million. Paul Sleeth says the year was fairly strong, but word on the street is 2002 could be much slower--maybe.
SPOKANE, WA-The building will deliver 28,000 sf of class A office space to an economically-weakened high-tech area. No tenants are signed yet, but that does not concern Bruce Miller who says the project's interest reserve provides plenty of leeway.
SEATTLE, WA-Pacific Lighting Systems' desire for a new headquarters, coupled with a lack of suitable properties in the target neighborhood, prompted owners Ken Jones and Seamas Markey to become developers.
SEATTLE, WA-Asking rents in the new South Lake Union building aren't what the developers originally envisioned, but Bryan Syrdal says they're workable and the building is attracting tenants. The first to sign is the Seattle bio-tech company, Zymogenetics.
SEATTLE, WA-Asking rents in the new South Lake Union building aren't what the developers originally envisioned, but Bryan Syrdal says they're workable and the building is attracting tenants. The first to sign is the Seattle bio-tech company, Zymogenetics.
REDMOND, WA-A little more than a year ago, the company thought its NW Tech Center could fetch $45 million empty. Now $30 million is closer to reality says broker Hans Kemp, unless a strong tenant is secured to boost the value.
SPOKANE, WA-After three years of site preparation and a major change in plans, groundbreaking on the first building will come this spring. Ultimately, Kent Hull says the complex is projected to hold 450,000 sf of Class A office space.
SEATTLE, WA-When the deal closes ten months from now, Amgen's acquisition of Immunex will include nearly $1 billion in Puget Sound real estate. It pledges to hang on to some properties but has made no decision about the $150-million Bothell facilities.