SEATTLE, WA-The 944,574-sf high-rise on Third Avenue in downtown Seattle is all but leased up, with only smaller spaces totaling less than 40,000 sf available on a non-sublease basis. The communications company QuantumShift just tied up another 1,433-sf.
BELLEVUE, WA-Still, with 3,244,465 sf of office space under construction, the G&E report speaks of a potential black cloud over the Eastside "...if the venture capital and stock markets continue to winnow away at the ranks of local high-tech firms.
KIRKLAND, WA-The software customization company is in the process of vacating its 14,000 sf of offices in the Crown Point Corporate Center here following a decision by its Bellevue-based, Japanese-owned parent company Trans Cosmos USA, to shutter the operation.
SEATTLE, WA-In line with a recent announcement that it was leaving the resort and real estate business to concentrate on its primary business of timber, Pope Resources has a sale pending on its Port Ludlow Resort on the Olympic Peninsula.
ISSAQUAH, WA-The 367,000-sf retail property is one of the larger shopping centers in greater Puget Sound area. The center is fully leased and occupied. Key tenants include Target, Ross, Longs Drugs, Safeway and Gottschalks.
SEATTLE, WA-The DCLU will begin next week the two-month process of relocating its operations to Key Tower, the city's 62-story downtown office building. The move is part of Seattle's Civic Center project aimed at consolidating municipal operations.
RENTON, WA-The buyer, HAL Real Estate Investment, acquires a grand total of 670,000 sf here at an aggregate rate of $124/sf. Unico still owns several other office properties in the Renton area, and is bullish on the submarket.
SEATTLE, WA-The local real estate development firm plans to transform a former downtown UA movie theater here at 2121 Sixth Ave in into an 18-story, 180,000-sf tower with 10,000-sf of ground-floor retail and five top-floor luxury residential units.
SEATTLE, WA-The relatively small CBD building, said to have been built as a brothel in rough-and-tumble, turn-of-the-century Seattle, is set to fetch a handsome price of nearly $3 million, despite it being a potential tear-down.
BELLEVUE, WA-The Vancouver, B.C.-based REIT is offering five of its "matured" Class A office holdings -- two here and three in Southern California -- and also trying to work a deal that would take the public company private.