Seattle Commercial Real Estate News

Hostess property in Seattle’s South Lake Union: a sweet treat for developers
Bizjournals.com (blog)
The half-block property on Republican Street between Aurora and Dexter avenues north has long been eyed by developers hungry to buy land in the fast-growing neighborhood. The Hostess property would be even more valuable if the proposed rezone of
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Lake Union towers
The Seattle Times
A deal between the city of Seattle and Vulcan, Paul Allen’s realestate firm, is key to Mayor Mike McGinn’s proposal to allow significantly taller buildings in the bustling South Lake Union neighborhood. By Bob Young. Seattle Times staff reporter. PREV
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Mastro diamonds recovered, attorney says
The Seattle Times
The rings have played a pivotal role in bankruptcy and criminal proceedings involving former Seattle real-estate magnate Mastro and his wife, Linda, who were arrested Oct. 24 in a village near Annecy and remain in a jail near Lyon. The couple
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October foreclosures up from last year, down from September
Seattle Post Intelligencer
October foreclosure activity was up in the Seattle area from a year earlier, while falling nationwide, according to a new report. The number of foreclosure filings rose 9.6 percent in King County and 17.9 percent statewide from October 2011, but fell
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BofA aid to struggling borrowers in Wash. tops $370M
Bizjournals.com (blog)
According to research by Seattle-based real estate site Zillow, 34.2 percent of Seattle homeowners are underwater on their mortgages and owe more money than their homes are worth, a mark that is improving but remains high. Bank of America (NYSE: BAC)
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Real Estate Manager – Archdiocese of Seattle (Seattle, WA)
DFW Catholic
Purchase and sale of real estate – Works closely and supervises the assistant in this function and collaborates with the Archdiocesan real estate consultant, the representative agent of the Archdiocese of Seattle and with the Archdiocesan attorney to
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Jailed Mastros raising legal fund
Bizjournals.com (blog)
Friends of bankrupt Seattle real estate developer Michael R. Mastro and his wife, Linda, have been donating a “significant” amount of money to help pay for the couple’s legal defense in France, according to the Mastro’s criminal attorney, Jim Frush
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MetLife, Clarion Partners Pay $548.8M for Seattle High-Rise
CoStar Group
MetLife Real Estate Investments and Clarion Partners acquired the 55-story 1201 Third Avenue Building in Seattle, WA from a joint-venture of Wright Runstad & Co., Beacon Capital Partners LLC and Shorenstein Properties LLC for approximately $548.78
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Commercial Real Estate Recovery May Accelerate in Second Half of 2013
NEWS.GNOM.ES
15, 2012 /NEWS.GNOM.ES/ – The U.S. presidential election may be over, but economic uncertainty will continue to hinder corporate decision making and impede improvement in commercial real estate fundamentals well into 2013, according to Jones Lang
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Advertising on the dust jacket
Seattle Post Intelligencer (blog)
Above is one used by The Book Inn Lending Library in Seattle. It features a slew of local advertising from neighborhood merchants (the library was in the now trending Ballard neighborhood). The ads feature the usual suspects; real estate agent, the
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Seattle Post Intelligencer (blog)
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About CRE Northwest

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