BELLEVUE, WA-Listing agent Chris Reid of Colliers International says finding tenants will pose no problems, despite a recent report by the Federal Deposit Insurance Corp. warning of overbuilding on the Eastside. "I don't quite understand the concern," says Reid.
SPOKANE- Tom Skierka, a spokesman for Deaconess/Empire Health, which is developing a medical office building here, says even though Spokane's "medical core" includes eight blocks of office buildings, demand still outweighs availability.
REDMOND, WA-For a little more than $10 million, the ever-expanding company has secured a 307,000-sf lot at 3650 148th Ave. N.E. with 136,765 sf of office and warehouse structures from Allegiance Health Care Co.
EVERETT, WA-The 11th largest shopping center in Puget Sound has been gaining new permanent tenants. The 722,000-sf retail property also added nearly 50 temporary tenants for the Christmas season.
FACTORIA, WA-The five-story Sterling Plaza II broke ground here in July and is set for completion in February. Its 100,000 sf has already been leased to Stamps.com, an Internet provider of mailing and shipping solutions for businesses.
SEATTLE-Previous reports have Nordstrom moving to a building now under construction at Seventh Avenue and Olive Way, but the leasing agent for its existing location says the retailer is in negotiations to extend its 260,000-sf lease.