SEATTLE, WA-The tendency to undercapitalize is the playfield of hard-money lenders who rake in high interest rates from developers under pressure, says a local independent development consultant.
BELLEVUE, WA-Office vacancies here are flirting with 25% and there's an eight-story hole in the Downtown core; it's an interesting time to be taking the reigns of the Bellevue Downtown Association.
SEATTLE-The clatter of jackhammers breaking ground on new office projects around Puget Sound is a rarity in these economic slump. But developers--knowing what goes down must someday come up--are making more than 23 million sf of plans.
SEATTLE-The clatter of jackhammers breaking ground on new office projects around Puget Sound is a rarity in these economically challenging times. But developers-- knowing what goes down must someday come up -- are making more than 23 million sf of plans.
SEATTLE, WA-The 23,829-sf store went on line last June with its build-to-suit tenant, the $11-billion retailer, Staples. Well-tenanted and situated in a prime Seattle setting, the owner is ready to complete its investment cycle with a $5.2 million sale.
TACOMA, WA-Eric Cederstrand says it will be a while before demand absorbs enough space to compel developers to put up another office building. Nonetheless, deal flow has picked up enough of late to boost the Colliers broker's outlook to optimistic.
TACOMA, WA-Eric Cederstrand says it will be a while before demand absorbs enough space to compel developers to put up another office building. Nonetheless, deal flow has picked up enough of late to boost the Colliers broker's outlook to optimistic.
TACOMA, WA-Eric Cederstrand says it will be a while before demand absorbs enough space to compel developers to put up another office building. Nonetheless, deal flow has picked up enough of late to boost the Colliers broker's outlook to optimistic.
TACOMA, WA-Colliers International says of the industrial market, "it will get worse before it gets better." And, its predictions call for another two quarters of decline followed by a slow "U" shaped recovery, starting in the middle of 2002.
TACOMA, WA-Colliers International says of the industrial market, "it will get worse before it gets better." And, its predictions call for another two quarters of decline followed by a slow "U" shaped recovery, starting in the middle of 2002.