Regions West | Seattle/Portland
Beaulieu bldg First Industrial Continues to Expand in Metro Seattle
Aug. 14, 2008
Having entered the Seattle market only last year, Chicago-based First Industrial Realty Trust has grown its presence there steadily, its most recent transaction being the just-announced acquisition of a three-building distribution portfolio in the Kent Valley. The Class A buildings total 233,000 square feet and are 100 percent leased.
$27M Financing Deal in Place for Seattle Shopping Center
Aug. 01, 2008
The 306,000-square-foot Northgate North Shopping Center on Northgate Highway in Seattle has just been refinanced to the tune of $26.7 million.
gates foundation Work Gets Underway on $500M Gates Foundation HQ in Seattle
July 24, 2008
Ground has just broken in Seattle on what will become the new home of the Bill & Melinda Gates Foundation.
Colliers International Introduces Urban Landlord Partners
July 23, 2008
Colliers International announces the formation of the Urban Landlord Partners, which focuses on the needs of institutionally owned assets located in downtown core markets.
Financing in Place for Portland Industrial Property's Transformation
July 18, 2008
An historic Portland warehouse building is on track to evolve into a mixed-use property now that HomeStreet Capital has provided ConoverBond Development with $10 million in financing for the project.
One Island Square Sells Island Square in Mercer Island
July 09, 2008
One Island Square L.L.C. sold Island Square, located at 2758 78th Avenue SE in Mercer Island, Wash., to United Dominion Realty L.P.
Kennedy Wilson Expands Seattle-Area Apartment Portfolio via $117M Buy
July 01, 2008
Kennedy Wilson Multifamily Management Group Ltd., the multi-family investment division of Kennedy Wilson, has acquired two Class B apartment communities in the Seattle area for a total of just over $117 million.
2ndJohn.jpg Cooling Condo Sales Tied to Seattle Rental Growth, $48M Sale
June 24, 2008
Taking advantage of a Seattle apartment market with a high barrier to entry, Sobrato Development Cos. has acquired Expo62, a 114-unit apartment complex in the Lower Queen Anne area of the city from Intracorp Real Estate L.L.C. in a $48 million deal.
Suburban Seattle Apartment Complex Commands $38M
June 20, 2008
The Hearthstone at Merrill Creek, a 220-unit apartment property in Everett, Wash., has recently come under new ownership
Financing in Place for Suburban Portland Apartment Property
June 17, 2008
Elmonica Court Apartments in Beaverton, Oregon has just been financed. Red Mortgage Capital Inc., one of the top Fannie Mae DUS lenders in the country, provided the fixed-rate financing for property owner, Portland-based Randall Group Inc.
Columbia Sportswear to Redevelop Seattle Block
June 12, 2008
Columbia Sportswear Co. has announced plans to redevelop a block of real estate in downtown Seattle, Wash., for the opening of two side-by-side Columbia and Mountain Hardwear-branded retail stores.
Construction Wraps Up on $140M Orthopedic Center
June 05, 2008
The doors of the new 372,000-square-foot Swedish Orthopedic Institute at 601 Broadway have opened about 17 months after its groundbreaking. Skanska USA Building constructed the property on behalf of the institute, and local architectural firm NBBJ oversaw design.
Portland MSA Slated for Significant Growth in Population, Jobs
June 04, 2008
Greater Portland can expect 100,000 new jobs and a 29 percent increase in gross regional product by 2013, according to the 2008 Greater Portland Prosperity Index, released today by Greenlight Greater Portland.
Seattle Apartment Market to Remain Buoyed by Strong Economic Base
June 03, 2008
As is the case with many major metropolitan cities, job growth in Seattle has simmered, but the change is not expected to negatively impact the apartment market, according to a recent report by Marcus & Millichap.
New Seattle Convention Center Hotel Debuts
June 02, 2008
The doors of Homewood Suites by Hilton Seattle Convention Center/Pike Street have just recently opened following a renovation. Located at 1011 Pike Street, just across from the Washington state Convention & Trade Center and near the Pike Place Market, the property is owned by AEW SBCO Seattle L.L.C. and managed by Stonebridge Co.
JV Introduces Merlo Station Apartments
May 30, 2008
Tualatin Valley Housing Partners, Enterprise Community Investment Inc., and project partners announced the grand opening of Merlo Station Apartments, a community of 128 new apartments for families earning 60 percent or less of area median income in Beaverton, Oregon.
Communications Company Considers Sale of 294,000SF Mixed-Use Property
May 29, 2008
Holding firm to its current strategic plan, Fisher Communications Inc. has revealed that it is investigating options for its real estate assets, among them, the 294,000-square-foot Fisher Plaza near downtown Seattle, Wash.
Four Portland-Area Chili's Restaurants Close
May 28, 2008 - Source: The Oregonian
About 200 employees are out of work, with no advance warning.
Bidding War for Former INS Building Closes
May 27, 2008
The 77,000-square-foot building at 815 Airport Way in Seattle, Wash., originally developed in 1932, has been sold to a newly formed 10-partner company called INS Holdings L.LC. according to the Seattle Post-Intelligencer.
Work Wraps Up on Trace 100-Unit Trace North Residential Building
May 23, 2008
The doors of Trace North, the sister building to Trace Lofts, have just opened. The 100-unit condominium property caps off developer Ted Schroth's transformation of an abandoned lot and vacant warehouse into the two-building, residential and retail property with a total of 142 living spaces.
Construction Commences on $60M Suburban Portland Mixed-Use Project
May 22, 2008
Construction has gotten underway on Battle Ground Village, a 140,000-square-foot mixed-use retail development in Battle Ground, Wash., about 25 miles outside of Portland, Oregon.
Vulcan Opens Affordable Housing Development in Seattle
May 20, 2008
Vulcan Inc. today announced the opening of Borealis Apartments, a new workforce housing project in Seattle’s South Lake Union neighborhood.
Local Developer to Bring Affordable Housing to Portland's Martin Luther King Boulevard
May 19, 2008 - Source: Portland Business Journal
With support from the Portland Development Commission, US Bank, the state of Oregon and the Housing Authority of Portland, Armstrong Stafford LLC is building the six-story, 85-unit complex.
Work Gets Underway on $200M Portland Seniors Housing Property
May 14, 2008
Construction has commenced on Mirabella, a 30-story continuing care retirement community site on one acre in Portland's South Waterfront submarket.
Rise in Oregon Vineyards Means Expansion for Wine Center
May 13, 2008 - Source: The Oregonian
The increase in the wine country's commercial facilities -- growing from 200 five years ago to more than 350 today -- has prompted a $3.5 million expansion for Oregon Wine Services and Storage.
 

Complete Commercial Property Development Coverage


If you work in Portland real estate, you understand the value of the right commercial property development resources. Commercial Property News provides all the important real estate news and events that occur in Washington State and Oregon. Subscribe to CPN today and stay educated on the latest changes in commercial industrial real estate in the north western United States.

Is Family Business a Good Idea?
August 15, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Oh what a conundrum! Family business: Should I, or shouldn't I? In my opinion there really isn't a right or wrong answer to this question. It is simply a matter of personal preference....

What to Do When Marketing Goes Wild
August 08, 2008
By Mike Myatt, Chief Strategy Officer N2growth --Have your company's marketing initiatives wandered astray? Is the proverbial tail starting to wag the dog with respect to your current marketing campaigns? How do you know when marketing is out of control?...

Six Mistakes Real Leaders Avoid
August 01, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --I recently had a reader ask: "Is there a simple test that can be used to quickly determine an executive's leadership ability?" The short answer is yes. There are, in fact, a great...

Top Brokers Do Deals in Bad Markets, Too
July 18, 2008
By Mike Myatt, Chief Strategy Officer N2growth --Many in the industry long for the frothy markets of 2005 when sellers experienced record low cap rates, buyers were aided by loose credit and a strong flow of funds from the capital...

Know Thy Customer
July 11, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --How well do you really know your customer? Let me put this as simply as I can. If you want to succeed in business you must be in touch with the demands of...