PALO ALTO, CA-While technically the university did not need the Santa Clara County's approval, even though a portion of the property lies within its jurisdiction, it is hoping to head off future stumbling blocks.
SEATTLE, WA-Company CEO Timothy Callahan says shakeouts in the Internet and technology industries have certainly affected the office space sector in all 20 of the markets in which EOP operates, but that the company was well prepared for it.
TACOMA, WA-Pickering Inc. takes 44,500 sf in the East 11th Street property, bringing the 180,000-sf building to 100% leased. Simpson Timber, a Tacoma company, leases the balance of the building.
CHICAGO-Seattle-based Dow Hotel Co., a partner in the joint venture, says it is aggressively "seeking to acquire and manage other mid- to large-size, full-service hotels, especially those that have extensive food and beverage capabilities and others.
SEATTLE, WA-In a market where the average home costs $310,000, redevelopment of two surplus county-owned buildings in Pioneer Square will provide affordable housing and workspace for Seattle artists.
TACOMA, WA-Oxbow Financial & Technology Center, the first building, will have six floors of offices, two of parking and two of retail. Rates in the building are expected to run $20-24/sf net, based on size, tenant improvements and the floor.
SEATTLE, WA-The consensus among experts speaking at a gathering of the Commercial Brokers Association yesterday is that the local market should remain strong into the next year, though at a slower pace than that of 2000.
SPOKANE, WA-Iron Bridge LLC has plans for up to 400,000 sf of industrial flex space on its 19-acre riverfront property here, but it is waiting to secure tenants before breaking ground on the project.
AUBURN, WA-Just west of the Transit Center, the Armory Building is being renovated and expanded, and local resident David Allen is planning a multi-story building on the former site of the Truitt Building.
BOTHELL, WA-The telecommunications company appears to be moving forward with the purchase of three buildings at the Northcreek Technology Campus III for an estimated $70 from the subsidiary of Portland-based Schnitzer Investment Corp.