SPOKANE, WA-With vacancy rates falling, lease rates on the rise and capitalization rates here averaging 10%, investors are beginning to take a harder look at the Spokane apartment market, according local brokers and a recent study.
AUBURN, WA-The Office Max-anchored, 45,951-sf center in the middle of the shopping district here is listed at $7.29 million. The 3-year-old property's owner is ready to sell and move on to his next project.
TACOMA, WA-The permit process for a 10-story office building in Seattle can take two to three years, while the process for the same development here is likely to take only a year.
SEATTLE, WA-With a serious energy crunch up and down the West Coast, power-saving rooftop gardens are beginning to garner attention. City officials here are placing them on two new government buildings and about a dozen older parking garages.
TACOMA, WA-The 13.7-acre property in the heavy-industrial waterfront area here was the only such parcel that Simpson had not yet developed. The subsidiary of Seattle-based Simpson Investment Company owns about 150 acres here, including a timber mill.
TACOMA, WA-Having spent a year and $3.4 million assembling its requisite four-acre parcel in the central business district here, Deuce Vision LLC is moving closer to its long-term goal of a master-planned, office-retail-residential development.
RENTON, WA-With 8,000 employees in Renton -- nearly one-third of Renton's entire work force -- the impacts of such a closure could be felt for years. Boeing officials say no decision has been made.
TACOMA, WA-The 13.7-acre property in the heavy-industrial waterfront area here was the only such parcel that Simpson had not yet developed. The subsidiary of Seattle-based Simpson Investment Company owns about 150 acres here, including a timber mill.
SEATTLE, WA-Industrial space is slowly being squeezed out of the greater Seattle area as escalating land prices fuel redevelopment. A Grubb & Ellis research report says this gentrification may foreshadow the demise of Seattle's industrial market.
SEATTLE, WA-The latest project of local developer Dale Behar is a 156,000-sf high-tech mid-rise office building in the Capitol Hill district. The permits are in, and Behar is ready to go as soon as its preleasing hits 60%.