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The 95-year-old Dexter Horton building sold to CIM Group for $151 million, but the acquisition may be the last as growth may slow with rising interest rates and reduced global activity signaling the cycle's end.
Two new retailers, Big Lots and Grocery Outlet, have been inked at Tahoma Vista Shopping Center, which PMF is revitalizing as a center where the neighborhood can gather and shop.
Urban Visions' S campus, a new development to include five buildings totaling more than 1.2 million square feet of office and retail space, is one of the largest permitted office development sites ever.
The US multifamily real estate value creation fund had its first close in August 2018, exceeded its target size in October, achieved its hard cap and was oversubscribed with the final close in December 2018.
The US revenue in the vacation rental market was projected to exceed 13 billion in 2018 and as demands increase, the all-year vacation rental properties will increase correspondingly.
In an effort to absorb activity and expand its reach within Seattle and the US, Rider Levett Bucknall merged with Seattle-based cost estimating and construction management firm the Robinson Company.
Maximizing opportunities for affordable housing near transit lines is essential in Seattle and sites such as The Maddux are hard to come by, all of which would not have been possible without the city's funding.
Spokane offers opportunities for lower costs than most other markets in the region, which is part of the impetus for Rover.com's lease for nearly 30,000 square feet in the renovated Wonder Building.
The Highlands property was purchased with a 97% leased rate, but that percentage is expected to fall shortly to approximately 70% due to pending lease expirations, Equus Partners reports.
Its community-centric focus is evident in the South Lake Union SoulCycle location, which connects both at an intimate neighborhood scale as well as a lifestyle hub at a global tech campus scale.