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NorthEdge Office Development in South Lake Union’s Wallingford Fast-Tracked by Touchstone

NorthEdge Office Development in South Lake Union’s Wallingford Fast-Tracked by Touchstone

A number of projects in the booming submarket of South Lake Union have raced to the development process, while others have lingered in the early stages of planning. Now, a project that had been long-announced is reportedly being fast-tracked by the company in charge. Developer Touchstone recently announced that it…

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Capstone to Break Ground on Live-Work Campus in Redmond This Summer

Capstone to Break Ground on Live-Work Campus in Redmond This Summer

Redmond-based tech giant Microsoft is set to get crowded as a massive mixed-use development project was recently announced in the vicinity of the software company’s headquarters. Developer Capstone Partners has released plans for a new urban village that would create a new live-work community able to accommodate around 8,000 people.…

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Hedreen Mega-Hotel Project Clears Another Hurdle

Hedreen Mega-Hotel Project Clears Another Hurdle

Seattle developer R.C. Hedreen & Co. has been pushing through its initiative of developing a mega hotel project In the city’s downtown. With the Pacific Northwest’s rise to prominence in recent years, the major cities have seen their hospitality stock be reassessed as investors are looking to expand the offering…

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Hudson Pacific Agrees to $57M Fee for Merrill Place in Off-Market Transaction

Hudson Pacific Agrees to $57M Fee for Merrill Place in Off-Market Transaction

A purchase agreement for an office and retail asset in Seattle’s Pioneer Square submarket was recently struck between buyer Hudson Pacific Properties and a joint venture between Angelo Gordon, Nitze-Stagen and Mile Rock Capital. According to a recently released press statement, the off-market transaction will have a value of approximately…

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Vancouver Apartment Community, Portland Industrial Facility Trades Mark Week

Vancouver Apartment Community, Portland Industrial Facility Trades Mark Week

The Pacific Northwest has had a good week as a number of deals perfected across the region continue to indicate the fact that the local real estate market is currently thriving. A recent press statement announced the acquisition of The Villas at Bridge Creek, an apartment complex in Vancouver, WA,…

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Condo Prices Up in Three Major West Coast Markets

Condo Prices Up in Three Major West Coast Markets

Condo prices increased significantly in downtown Seattle, Los Angeles, and San Francisco over the past year according to a recent report by The Mark Co.…

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Washington State Convention Center Acquires Nearby Parcels for $56.5M While Pondering Expansion Options

Washington State Convention Center Acquires Nearby Parcels for $56.5M While Pondering Expansion Options

As the Pacific Northwest continues to grow, the hospitality markets in Seattle and Portland are growing as well. Now both of the major cities in the area have seen the necessity of a larger convention center in order to cash in on the growing market for large events. Other cities…

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AEW Buys Renton Shopping Center from Pearlmark Harvest Lakeshore in Blockbuster Deal

AEW Buys Renton Shopping Center from Pearlmark Harvest Lakeshore in Blockbuster Deal

A massive retail transaction was recently completed for a large Renton property in a deal worth approximately $165.4 million. A unit of Boston-based investment fund AEW Global purchased the The Landing shopping center from its now former owner and developer Pearlmark Harvest Lakeshore. Following the transaction, management duties for The…

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TruAmerica Contiues to Grow with Two Class A Acquisitions

TruAmerica Contiues to Grow with Two Class A Acquisitions

TruAmerica Multifamily is two steps closer to reaching its goal of a $1 billion portfolio by mid-2015 thanks to purchases in Gilroy, Calif., and Federal Way, Wash. …

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Holland Partners Closes $80M Property Acquisition in South Lake Union, with Plans for M-U Development

Holland Partners Closes $80M Property Acquisition in South Lake Union, with Plans for M-U Development

The approved rezoning of South Lake Union, one of the most popular development areas in the much improved city of Seattle, is already paying off. The Puget Sound Business Journal recently reported that Holland Partners, one of the most active development companies in the local market, recently completed the acquisition…

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Othello Partners Awaits Design Review on New Rainier Valley Residential Project

Othello Partners Awaits Design Review on New Rainier Valley Residential Project

Local developer Othello Partners is once again looking to develop a residential complex, in the vicinity of another high-profile project that the company debuted two years ago. The Station at Othello Park was in itself an ambitious project, announced and developed in a time of uncertainty for the national residential…

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Othello Partners Awaits Design Review on New Rainier Valley Residential Project

Othello Partners Awaits Design Review on New Rainier Valley Residential Project

Local developer Othello Partners is once again looking to develop a residential complex, in the vicinity of another high-profile project that the company debuted two years ago. Station at Othello Park was in itself an ambitious project, announced and developed in a time of uncertainty for the national residential market.…

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