Numerous potential buyers expressed interest in the core-plus opportunity offered in acquiring 88 value-add units on 20,600 square feet of high-rise-zoned dirt, which is rare in Seattle.
Non-optimal activities, limited technology use and labor issues continue to plague the construction and logistics industries, with the former accounting for $177.5 billion in US labor costs per year.
Cushman & Wakefield’s chairman of capital markets shares his insights on navigating today’s unique market.
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