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American Life Acquires Site North of CenturyLink Field

American Life Acquires Site North of CenturyLink Field

With the current rate of development in Seattle in virtually any of the major sectors being amongst the highest in the entire U.S., it comes as no surprise that developers view every availability as a chance to cash in on the buzz. The latest company to ripple the waters of…

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Daly Sets Sights on Seven-Month Modular Construction for ‘N’ Habit

Daly Sets Sights on Seven-Month Modular Construction for ‘N’ Habit

One of the hottest trends in building now is the use of prefabricated elements, banking on the effectiveness the medium offers. One of the first Seattle developers to jump on that bandwagon was Daly Partners. Normally, a mid-rise apartment community project rising in Seattle’s Belltown neighborhood would take around a…

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MacFarlane Partners Sets Similar Development Plans for Two Multifamily Projects in South Lake Union

MacFarlane Partners Sets Similar Development Plans for Two Multifamily Projects in South Lake Union

MacFarlane Partners has seriously ramped up its involvement in the Seattle area, specifically the booming neighborhood of South Lake Union, only recently announcing serious progress in the development of two different apartment projects. The investment management firm has recently announced a January 2013 deal for a parcel at 201 Westlake…

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Yesler Terrace Redevelopment Finally Launches with Green Light for First Private Project

Yesler Terrace Redevelopment Finally Launches with Green Light for First Private Project

One of the most ambitious neighborhood revitalization projects in the entire city of Seattle is finally seeing plans come through as the first private residential project in the community is set to break ground. Spectrum Development Solutions, one of the companies tasked with the repositioning of Seattle’s Yesler Terrace, has…

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Bellevue’s Spring District Kickstarts Development with Two Office Buildings

Bellevue’s Spring District Kickstarts Development with Two Office Buildings

The development process for the Spring District project in Bellevue is now underway after the city’s official records point out permitting approved for two new office structures in the mixed-use neighborhood. Developed by Wright-Runstad, the Spring District will constitute a 36-acre, environmentally sustainable urban area that will replace the old…

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Corporate Park in Kent Fetches $170M, in Northwest’s Largest Industrial Sale

Corporate Park in Kent Fetches $170M, in Northwest’s Largest Industrial Sale

A landmark deal was recently completed after the Pacific Northwest’s largest industrial property finally traded hands for quite the fee. The Northwest Corporate Park in Kent was acquired by an affiliate of New York-based private equity fund manager KTR Capital Partners. The deal cost the buyer a staggering $170 million,…

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Sound Transit Breaks Ground on Permanent Facility in Tukwila

Sound Transit Breaks Ground on Permanent Facility in Tukwila

The Sound Transit transportation system is seeing a one of its temporary constructions replaced by a permanent facility as a development project for a new Tukwila station has recently begun. Sound Transit has broken ground on a new $46 million structure to replace the temporary facility at 7301 Longacres Way…

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Potential Development Site Trades Hands in Bellevue’s CBD for $31M

Potential Development Site Trades Hands in Bellevue’s CBD for $31M

Bellevue’s Central Business District is running out of room for development as one of the last spots in the area that could support a large commercial building was recently snapped up in a $31 million deal. Kidder Matthews representatives Andy Miller, Jason Rosauer, Dave Speers and Rob Anderson handled the…

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Major Office High-Rise Trades Hands for $390M in City’s Financial District

Major Office High-Rise Trades Hands for $390M in City’s Financial District

As Seattle’s office market soared over the past year, a number of major office building transactions have been completed. The Russell Investments Center, 1201 Third Ave. and Vulcan’s Amazon campus have drawn massive amounts of money as investment companies are focusing on Seattle real estate. Continuing that trend is the…

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Hobby Lobby Set for First Oregon Location

Hobby Lobby Set for First Oregon Location

A retail giant is setting its sights on new opportunities in the state of Oregon as Hobby Lobby has announced that it is expanding its Pacific Northwest operations with a brand new store in Portland. The retailer has selected the Heritage Mall in Albany, OR to house its first location.…

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Bellevue Collection Set for Massive Expansion as Kemper Looks to Continue 65-Year Legacy

Bellevue Collection Set for Massive Expansion as Kemper Looks to Continue 65-Year Legacy

One of the largest development projects in the Seattle metro area was recently announced when local real estate company Kemper Development said that it has plans to expand its Bellevue Collection asset. The existing property is currently one of Bellevue’s focal points, including spots such as the Bellevue Square shopping…

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Vulcan Real Estate Taking Denny Triangle by Storm with The Martin

Vulcan Real Estate Taking Denny Triangle by Storm with The Martin

By Alex Girda, Associate Editor In a press release recently issued by Vulcan Real Estate, the company announced that it has broken ground on a massive residential development. Dubbed The Martin, the 24-story luxury apartment tower will be located in the Denny Triangle area, a part of the city that is…

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