Seattle
The Story of a Local Lender With Double-Digit Yields
Broadmark Capital’s president discussed the lending market, its challenges and how the company managed to maintain average annualized returns of 11 percent or more since its inception in 2010.
NKF Announces New Hires in Seattle
Charlie Farra and Matt Betterman, both of whom came from Colliers International, will focus on tenant representation in the downtown Seattle market.
Skanska Pours Seattle Tower Foundation
The 2+U development will offer 665,000 square feet of office space, a 24,000-square-foot outdoor urban village and an 18,000-square-foot retail component. The project is slated for completion in 2019.
Simply Self Storage Sets Footprint in West Coast
The company purchased Market Street in Seattle, a 577-unit self-storage property. The facility includes more than 85,000 rentable square feet.
69 KSF Office Asset Trades in Seattle
Quadrant Co. built Quadrant I-5 Corporate Park in 1999. JLL worked on behalf of the seller to arrange the $12.5 million transaction.
Vestar to Manage WA Retail Center
The Landing is a 607,000-square-foot shopping mall located in Renton, Wash. Some of its anchor tenants are Target, Dicks Sporting Goods, Regal Cinemas, Marshall’s and LA Fitness.
Robust Development, Insatiable Demand in Seattle
The metro has been one of the strongest rental markets during the current cycle. Over the last five years, average rents have risen nearly $500 to $1,770.
Modera South Lake Union Awarded LEED Silver
The seven-story luxury apartment community is the first Mill Creek Residential property in Seattle to be awarded LEED certification.
Cush & Wake to Acquire Partner Firms
The company entered into an agreement with Northmarq to acquire its partner firms in Minneapolis, Seattle, Salt Lake City and Las Vegas. In total, the firms will have 750 employees and manage 50 million square feet of space.
Geolo Capital JV Scores $80M for Seattle Mid-Rise
PCCP provided the senior loan for the 12-story, mixed-use project that includes a 155-key Thompson Hotel and 93 apartment units.