Seattle's original leading source for commercial real estate news, analysis, trends, events and resources in office, industrial, retail, multifamily, hotel, healthcare and net lease property sectors.
Portland-based Sortis Holdings Inc. invested capital from its $100 million Sortis Opportunity Zone Fund to close on equity funding for Tukwila Village Phase II, a mixed-income senior living development.
A local Puget Sound private investor traded Pacific West Business Center in Kent, WA and White River Corporate Park in Auburn, WA to TA Realty for approximately $22 million.
Caffe Ladro amplifies the vision of 2+U's Urban Village, which features more than 24,000 square feet of covered open and outdoor space under the lifted 2+U office tower.
Given Seattle’s strong hospitality market and residential development community along with WhyHotel’s relationship with Avalon Bay, it made sense to open its next location in Seattle.
Concord Pacific, an urban residential developer, purchased the site at Minor Avenue and Stewart Street following its first foray, Seattle House, a mixed-use project adjacent to Amazon’s Spheres at 6th and Bell.
As transit-oriented living becomes increasingly mainstream, housing near light rail gets more attention from investors such as Waterbury Park Apartments, purchased for $56 million by RISE and Aegon Real Assets.
Urban Renaissance Group and real estate investment firm Iron Point Partners recently sold the 548,704-square-foot SeaTac Office Center to a partnership between San Francisco-based PCCP LLC and URG.
With this demand in mind, Lake Washington Partners entered the Southend submarket, which has a different price point compared to the suburban Bellevue submarket along with high-quality labor.
Adaptive Biotechnologies Corporation has signed a 12-year full-building lease at 1165 Eastlake Ave. East, a sustainable 100,000 rentable-square-foot headquarters office/laboratory development in the Eastlake Life Science Campus
Seattle has a strong suburban office sales market and there is an abundance of capital for both stabilized and value-add profile suburban office assets such as the recently sold Corporate Campus East III in Bellevue.