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SEATTLE- Driven up by new online deliveries and steady job cuts, the Puget Sound area apartment market is experiencing its highest vacancy rates in several years, according to a recent report prepared by Hendricks & Partners. Economists warn recovery is not in the near future, but there is hope the multifamily market, along with the Northwest economy in general, bounces back by 2004.
LYNNWOOD, WA-The 90,000-sf retail center has received the permanent financing. It was arranged through L.J. Melody & Co, with Nationwide Life Insurance Co. providing the funding on behalf of the Mukilteo Center LLC.
GRAYS HARBOR, WA- Driven by the decline of the
SEATTLE-Microsoft joins the Northern Virginia high-tech community this week, opening is $25 million Innovation and Technology Center in Reston, Va. The goal of the facility is to bring jobs and new technology investment to the region.
SEATTLE-The locally-based Starbucks opens its first store in Athens, Greece, marking a continuation of the coffee company's international expansion plans. Starbucks opened its first store in continental Europe in Zurich, Switzerland last year.
SEATTLE-Rob MacAulay is leaving owner-developer Martin Smith Inc. after five years as a principal to become a partner at Meriwether, where he will be reunited with former Martin Smith Principals Robert Briscoe and Joel Aslanian.
BELLEVUE, WA-In their first public discussion of the possible $94-per-sf acquisition for a new civic center, Bellevue City Council members called it a bargain price. Necessary renovations would raise the total project cost to as much as $350 per sf.
BELLEVUE, WA-The Master Builders Association of King and Snohomish counties is seeking a more spacious office and has set its sights on the City University building. The group's board will vote today whether to purchase the CU facility for $5 million and ultimately unload its current headquarters for $1.6 million.
SEATTLE-Seattle Art Museum officials will consider this week a plan that would allow Washington Mutual to build a 40-story office tower next to the museum. In exchange, the museum would be able to triple its size eventually.
COEUR D'ALENE, ID-Price Legacy Corp., a San Diego-based company, says it has reached an agreement to buy 25 acres in the Riverstone development for $6 million. The real estate investment trust plans to construct a 225,000-sf mixed-use facility, including a movie theater.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource