BELLEVUE, WA-The 357,000-sf Technology Center was to be the first of seven towers on Eugene Horbach's property at the Southwest corner of NW Fourth St and 108th Avenue NE. But, hard times have arrived-construction has stopped midstream.
SEATTLE, WA-This week's city council meeting failed to produce a vote on Mayor Schell's plan to raise height restrictions--and contributions developers must pay to build taller structures. The ultimate decision could come next month or next year.
SEATTLE, WA-While other sectors of Puget Sound's commercial real estate market have weakened, Paragon Real Estate Advisors says its niche--the brokerage of apartment complexes under 100 units--is strong and showing no immediate signs of a slowdown.
BELLEVUE, WA-With 45 regional projects in the works, the Northwest division of the national construction giant brings on a new senior estimator to assume responsibility for conceptual cost modeling and lead its pre-construction services unit.
SEATTLE, WA-CB Richard Ellis calculates office vacancy rates in downtown Seattle at more than 12% in some areas. Nonetheless, a buyer under the name Seattle Union Station II LLC has paid $261/sf for Opus Center South.
RENTON, WA-Christopher E. Burdett, a vice president with Colliers International Hotels in Seattle, tells GlobeSt.com the second quarter has begun to bustle around Puget Sound's institutional hotel market. The most recent transaction involved two new wood-frame Marriotts and Hospitality Properties Trust.
WOODINVILLE, WA-Despite the sale of its 352-unit Waterford Place apartment complex, the Englewood, CO-based apartment REIT says it plans to remain in the Eastside garden-style market.
SEATTLE, WA-Cheap land along the interstates has been drawing development out from the urban core for nearly 50 years. Now, however, redevelopment in the city may again be less expensive than expanding outward.
SEATTLE, WA-Cheap land along the interstates has been drawing development out from the urban core for nearly 50 years. Now, however, redevelopment in the city may again be less expensive than expanding outward.
TACOMA, WA-With dramatic changes in the real estate market since the dot-com bomb began flooding the office market, Opus Northwest has shifted its focus for Phase I of its proposed Pacific Steps project to hospitality and retail.