Seattle

BREMERTON,WA-Plans to develop a high-tech business park west of Kitsap Lake are moving forward, after legal challenges posed by two citizen groups have been dropped.

SEATTLE-The Alexandria, VA-based REIT paid $129.3 million for a total of 995 units in Issaquah, Lynwood and Everett as part of a nine-property portfolio acquisition from developer Trammell Crow Residential.

SEATTLE, WA-The central business district was hardest hit, with 47% of the total within its borders. Then again, says Colliers, there are currently tenants looking for 1.3 million sf in Seattle within the next six to 12 months.

TACOMA, WA-The 13.7-acre property in the heavy-industrial waterfront area here was the only such parcel that Simpson had not yet developed. The subsidiary of Seattle-based Simpson Investment Company owns about 150 acres here, including a timber mill.

REDMOND, WA-For a little more than $10 million, the ever-expanding company has secured a 307,000-sf lot at 3650 148th Ave. N.E. with 136,765 sf of office and warehouse structures from Allegiance Health Care Co.

SPOKANE, WA-The commercial lender also is reporting that its fourth quarter could be down from a year ago, due to a problematic $135,000 lease that may have to be written off in the final three months of the year.

SEATTLE-The new center, to serve as a subpolice station among other things, will be opened around the clock, helping to reduce crime and make the area more attractive to shoppers and businesses.

KIRKLAND, WA-The Bellevue-based company's operating income is primarily derived from its commercial real estate lending activities, which is down from last year, albeit not from lack of effort