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SEATTLE-The property owner and developer is an affiliate of locally based First Western Development that recently acquired the 1.3-acre site for $2.6 million. One of the leasing brokers, Jeff Tillman of CB Richard Ellis, tells GlobeSt.com the building is already around 35% preleased.
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July 21, 2025
Assumptions for core and value-add assets improved slightly.
July 21, 2025
Across the country, apartment demand surpassed supply in June for the first time since 2021.
July 21, 2025
“The narrowing rent gap is a signal that the affordability landscape is starting to shift.”