SEATTLE-The Seattle Opera and the Pacific Northwest Ballet have reached an agreement of understanding with the City for occupying the city's newest performance hall for a term of 25 years.
PORTLAND-The Art Institute of Portland expands its space for the third time, while new tenant PPM Energy Inc. is expected to occupy in August in the 270,000-sf mixed-use development built on the site of the former Blitz-Weinhard fermentation and packaging plant.
SEATTLE-This investment firm, which recently closed on a $150-million facility with Fannie Mae to purchase multi-family projects during the next 18 months, has acquired a 321-unit complex in a Houston suburb.
PORTLAND-Kaiser Foundation Health of the Northwest has renewed the leases for four of its medical groups in the building that was converted from an abandoned Montgomery Ward warehouse in 1984.
PORTLAND-Sited in the River District Urban Renewal Area, the mixed-use project features 176 units of affordable senior housing, retail and a public parking garage for 420 cars.
SEATTLE-The meetings scheduled for Thursday and Saturday this week are an introduction to what the city hopes will lead to healthy public discussion on a vision for future development of the central waterfront area.
SEATTLE-After a year of debate and controversy, the City Council announced its support behind the project which is hoped to attract more biotech companies to the area.
SALEM, OR-The City Council has adopted a staff report from the Urban Renewal Agency clearing the way to move forward on plans to construct a conference center in the downtown area that may be as large as 72,000 sf when completed.
SEATTLE-Despite increasing concessions and a flood of sublease space on the market that are driving effective rents lower, the latest report by Marcus & Millichap suggests that the market should stabilize by year's end.
