SEATTLE, WA-While Colliers Executive Rob Aigner disagrees with some assertions that this market has the same characteristics of the early 1980's -- he does say new tenants are rare, and Puget Sound has almost no "deal flow" to help landlords with mountains of vacant space.
ISSAQUAH, WA-Microsoft would like to build a campus in the master-planned community of the Issaquah Highlands. Port Blakely Communities, the Highlands' developer, is working to solve the city's water permit issues. The sticking point now is the lack of a DOT permit.
SEATTLE, WA-Of the 1.5 million sf of space in the multi-use complex, 51,000 sf is retail, and Harbor Properties has found taker for nearly 10,000 sf this month.
RENTON, WA-Like a prudent investor, the City of Renton knows the best way to lower risk is through diversification. Since the early 1990's, the city's municipal leaders have been moving eggs out of the Boeing basket into a broader economic base.
SPOKANE, WA-Before Sept. 11, the 512,000-sf Riverside Centre was scheduled to break ground this coming spring. Now the tower's leasing agent is waiting to see if tenants will shake out of their wait-and-see stances.
REDMOND, WA-Microsoft says it will now hold 250,000 sf of Eastside space previously slated for sublease. Also, there are conflicting signs the company may be taking steps to move forward with constructing an additional 2.95 million sf.
SEATTLE, WA-Seattle's local chapter of the nationwide organization of Commercial Real Estate Women elects of officers and its board of directors for 2002. It also will change its name effective with the coming year.
REDMOND, WA-An old hand at handling master-planned communities, former Weyerhaeuser manager Jim Nyberg now heads development of the 7,400-acre MountainStar year-round resort located an hour east of Seattle near Roslyn, WA.
BELLEVUE, WA-Richard Leider, former vice president with the local office of Spieker Properties, has been selected to continue construction of the 1.5-million-sf mixed use project in the heart of Bellevue's CBD.
BELLEVUE, WA-If and when they will be built remains a question, but a third-quarter report by Cushman & Wakefield lists 7.3 million sf worth of office projects proposed for construction throughout Eastside sub-markets.