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.
SIOR Northern California chapter recently held its annual kick-off event and panelists addressed the challenges and opportunities in the CRE market, and when will the slowdown occur.
The renovation of T-Mobile's corporate headquarters just a few blocks away is having a snowball effect on nearby buildings as T-Mobile and its vendors seek temporary space to house displaced employees.
Seattle and the Bay Area are two markets that continue to show employment outpacing housing and Greystar has three multifamily projects nearing completion in both areas.
Marina Square is a three-asset class mixed-use waterfront development that will include multifamily, hospitality and paid parking which are needed after increases in population and housing demand in Bremerton.
KeyBank provided $70 million in combined construction and permanent loan financing to AVS Communities for the Reserve at Lacey, an affordable senior housing property serving those 55 or older.
ScanlanKemperBard has plans to further elevate the stature and improve the bustling Original Rainier Brewery property, while maintaining its historic integrity.
A joint venture of Blue Moon Capital Partners and Áegis Living affiliates purchased three class-A seniors housing properties totaling 253 units in suburban Seattle and Northern California free and clear of existing financing.
Unico Investment sold a 27-building office portfolio of repositioned historic and newly constructed assets totaling 1.8 million square feet to Broad Street Principal Investments, an affiliate of Goldman Sachs.
Microsoft Corp. announced a $500 million commitment to preserve existing affordable housing, spur construction of new units and partner with nonprofits to address the Puget Sound affordable housing crisis.
Evergreen's lease will positively impact the value of an already-valuable building in a rapidly appreciating market as most of the tenant demand in this area comes from industrial, flex or light industrial users.