Seattle Commercial Real Estate News of the Day

Wednesday, April 20, 2011

Seattle Times Daily Journal of Commerce Headline
Hot market for rentals inspires twin towers Last phase starts for Amazon HQ
Mastro bankruptcy trial opens with offer to settle Amazon.com is working on the fifth and final phase of its South Lake Union headquarters. The last building is targeting LEED gold and should be complete the first quarter of 2013.

The 11-story building will have 333,000 square feet of office space and 7,200 square feet of retail. It is on the west side of Boren Avenue between Thomas and John streets.

Vulcan Real Estate is the developer, Callison is the architect and GLY Construction is the general contractor.

Amazon has completed the first four phases. When it is done, the 1.9-million-square-foot headquarters will have a total of 11 buildings, both new and rehabbed.

Buying into Washington banking: Consolidation wave looms
Puget Sound Business Journal
Mastro guardian has surprise $7M offer
Seattle is No. 4 office market in USA
Kidder Mathews lands huge lease deal
Seattle-PI.com
Unemployment falls in two-thirds of states
Seattle’s college access lags far behind
Are you kidding? Snow in the forecast
Other News
U.S. Existing Home Sales Rise, Fail to Recover Ground Lost
Blackstone Leads Record Property Push as Buyout Firms Diversify
London Skyscraper Boom Ends
Cadence Capital Buys 33-Unit Multifamily for $5.1M
Other Retailers Find Ex-Blockbuster Stores Just Right
Dallas-Based Mohr Partners Expands into Seattle

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About CRE Northwest

Specialist in office & investment real estate in Seattle & the Eastside
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