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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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Seattle’s Tallest Skyscraper Announced; HFF Finances Yakima Valley Retail Properties

Seattle’s Tallest Skyscraper Announced; HFF Finances Yakima Valley Retail Properties

As the city skyrockets in terms of development, a big change was recently announced to its skyline. Earlier this week, local developer Greg Smith expressed plans to build the city’s tallest building, setting a new bar for new developments in terms of both height and ambition. According to the Puget…

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65-Year-Old Downtown Portland Office Asset Trades Hands as Local Vacancies Dwindle

65-Year-Old Downtown Portland Office Asset Trades Hands as Local Vacancies Dwindle

One of Portland’s landmark office properties traded hands this week when a Unico Properties LLC-controlled investment fund paid a hefty $41 million for a downtown asset. The joint venture between Unico and Cigna Realty Investors purchased the Commonwealth Building from seller Commonwealth Acquisition LLC. Unico Properties previously acted as the…

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Planned Legacy Community to Draw on Appeal of Silicon Canal

Planned Legacy Community to Draw on Appeal of Silicon Canal

As the tech cred of Seattle continues to improve, the city is witnessing an escalation in the number of residential projects designed and built in order to accommodate the young professionals that will be populating the new office complexes. To that effect, Legacy Partners Residential has lined up a new…

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Pacific Northwest College of Art Secures Milestone Loan to Renovate Old Post Office

Pacific Northwest College of Art Secures Milestone Loan to Renovate Old Post Office

One of the largest loans ever awarded by the Portland Development Commission found its beneficiary this week when the organization approved a financing package that would help the Pacific Northwest College of Art. The loan totaling $20.3 million in financial aid will help the non-profit institution renovate an aging facility…

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New Condo Building in First Hill Announces Construction Start Date; Hospitality Market Continues to Raise Interest

New Condo Building in First Hill Announces Construction Start Date; Hospitality Market Continues to Raise Interest

As Seattle’s multifamily market soars with a large number of projects currently going and a backed up development pipeline for the next five years, a new project has popped up in First Hill. Developer Lowe Enterprises Investors has announced the start of construction on its Seneca St. condominium project some…

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Seattle Set to Become More Hospitable as Kimpton Announces New Facility; Hedreen Hits Speedbump with Downtown Hotel Project

Seattle Set to Become More Hospitable as Kimpton Announces New Facility; Hedreen Hits Speedbump with Downtown Hotel Project

The Puget Sound area has been thriving in terms of new developments, due to massive increases in office space in the Denny Triangle where Amazon is driving growth, as well as the rise of South Lake Union as one of the hottest development spots in the entire Pacific Northwest. Now,…

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Development Slate: Amazon Makes Changes to Denny Triangle Spheres, GIS Rekindles Hotel-Condo Project and Belltown Site Trade Hands

Development Slate: Amazon Makes Changes to Denny Triangle Spheres, GIS Rekindles Hotel-Condo Project and Belltown Site Trade Hands

Recent news regarding a number of new or resurrected projects have energized an already exciting development scene as Seattle is seeing large projects continue to take the stage in its downtown area. As Amazon continues to modify its artsy spheres, two high-rise projects promise to make their mark on the…

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Skanska Rolls Out 400 Fairview Development Project with Brand-New Anchor Tenant

Skanska Rolls Out 400 Fairview Development Project with Brand-New Anchor Tenant

One of the most active foreign developers in the bustling Seattle market in recent years has undeniably been Stockholm, Sweden-based Skanska. The developer is operating its interests here through subsidiary Skanska USA, and now it has a new investment going in the city. The company has announced a $150 million…

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New M-F Deal Completed in Seattle as Company Continues Shopping Spree

New M-F Deal Completed in Seattle as Company Continues Shopping Spree

As Seattle continues to grow and its development pipeline keeps being populated, investors are obviously keeping one eye on the city’s multifamily assets. One company that has recently moved on the market is JB Matteson Inc, with the company announcing the acquisition of Greenhouse Apartments, in a deal worth $32.1…

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Pierce County Gives Go-Ahead to Pre-Design Measures for New Facility

Pierce County Gives Go-Ahead to Pre-Design Measures for New Facility

Tacoma’s office market might take a hit as reports claim that Pierce County is looking to consolidate its employees into one standalone office property. As county officials are currently occupying eight different office buildings throughout the city, there might be a number of owners who will scramble to find new…

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Bosa Development Proceeds with Second Condo Tower at Insignia

Bosa Development Proceeds with Second Condo Tower at Insignia

News regarding new development projects in Seattle is extremely common these days, with the city experiencing a tech market boom and an increase in residential development that has the city sorted for the next few years. The most recent bits of news regarding the area’s condo market have revolved around…

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