Seattle’s 10 Most Transacted Submarkets by Office Sales Volume
Seattle continues to shine due to its ongoing population growth, solid employment, strong academic footprint and tech-bolstered office demand. More than $2 billion worth of office assets changed hands between January and August 2018.
The Tech Office Saga: Silicon Valley vs. San Francisco
Transwestern’s Derek Cuschieri and Jack Seymour touch on the expanding tech presence in Silicon Valley and San Francisco, and the price companies and employees pay to stay cool in the sector’s hottest hubs.
Startup Cities: A List of Great Silicon Valley Alternatives
As well-established tech hubs are becoming pricier by the minute, companies have shifted focus to more affordable locations that provide the perfect scene to kick off a new business.
Facebook Recommits to Renewable Energy With 2020 Pledge
The tech giant wants to slash its greenhouse emissions and power global operations with green sources, further showcasing its commitment to the Paris Agreement.
EDPR Signs 15-Year PPA with Facebook
The social media giant signed a 15-year PPA for 139 megawatts of the energy produced at the 200-megawatt Headwaters Wind Farm in Indiana.
Facebook Data Center to Go All Solar
The social media giant teamed up with Pacific Power and Invenergy to bring online several farms meant to supply the Prineville facility with 100 percent renewable energy.
Kidder Mathews to Market 101 KSF WA Office Building
The Class A office property is located in Redmond, Wash., which is part of Seattle’s rapid expansion due in part to major tech companies expanding or relocating to the area.
CPE’s Top 5 May Posts
Miss out on any CPE stories? Here are five of our most popular articles for the month.
Facebook Signs Largest Office Lease in San Francisco
MetLife Investment Management, The John Buck Co. and Golub & Co. have signed the social media giant for all of Park Tower at Transbay, an upcoming 43-story Class A tower in the metro’s Financial District.
NorthMarq Arranges $157M Loan for Bay Area Office Project
Borrowers Bohannon Development Co. and Alexandria Real Estate Equities will use the financing to develop the 521,000-square-foot Phase II of Menlo Gateway, which will be occupied by Facebook.