Friday, September 30, 2011
|Seattle Times||Daily Journal of Commerce Headline|
|US incomes fall for first time in nearly 2 years||Hardware stores will be renovated to house several small businesses|
|Belltown condo project revived as apartments||Leone & Vaughn Orthodontics soon will start renovating two former hardware stores at 945 Elliott Ave. W. to house its practice and lease space to other small businesses.
The goal is to retain the industrial character of the property but update it with modern amenities and infrastructure, according to Paul Carr, first vice president with CBRE’s Seattle health care group.
Clint Wallace Architecture is designing the project and Constantine Builders will construct it. Carrie Hayden of Great Jones Home is the interior designer.
Leone & Vaughn paid $3.1 million for the two buildings, which total 18,000 square feet.
Carr led the site selection and represented the orthodontics practice in the purchase. Rick Sanders, with Orion Real Estate Advisors, represented the sellers, who declined to be named.
The renovation is expected to be done by year’s end.
|IBM tops Microsoft to become second-most valuable tech stock|
|Puget Sound Business Journal|
|FDIC cites RiverBank for unsound banking practices|
|Mastro case: bankrupt developer’s son won’t have to pay personally|
|Seattle retail job growth gain second-best in U.S.|
|Big Ballard building, Aurora motel proposed|
|Traffic alert: NB I-405 to close in Bellevue — for real|
|Gas station comes with a grocery store for Issaquah Highlands|
|Duff McKagan, Guns N’ Capital|
|HTC looks to expand in Seattle’s Pioneer Sq., but space is limited|
|Building Bargains: Why REITs Look Attractive|
|Windermere Realty and partners build a park|
|Moody’s Cuts U.S. Lodging Industry Outlook as Hotel Shares Sink on Economy|
|Cash-Short, U.S. Weighs Asset Sales|