Seattle Commercial Real Estate News

Dispute may stop construction of major hotel KOMO News Hedreen, the Seattle-based real estate company, accuses the union of raising objections as a negotiating ploy for making the new hotel a union workplace, an allegation that a union official denies. Hedreen has raised the stakes in the dispute by …

<http://www.komonews.com/news/business/Dispute-may-stop-construction-of-major-hotel-216104421.html>

Glimcher Announces Tenant List for The Outlet CollectionTM | Seattle DailyFinance COLUMBUS, Ohio–(BUSINESS WIRE)– Glimcher Realty Trust (NYSE: GRT) , one of the country’s premier retail real estate investment trusts, today released the tenant list for the newly renovated The Outlet Collection | Seattle. After the renovation is …

<http://www.dailyfinance.com/2013/07/18/glimcher-announces-tenant-list-for-the-outlet-coll/>

First private Yesler Terrace project moving forward Puget Sound Business Journal (Seattle) Meanwhile, the Seattle Housing Authority (SHA) is continuing talks with Vulcan Real Estate to be the master developer of Yesler Terrace.

Ultimately, the World War II-era public housing project on First Hill, where 1,200 people now live, could have up …

<http://www.bizjournals.com/seattle/news/2013/07/18/first-private-yesler-terrace-project.html>

Ann Sacks to open in South Lake Union

Puget Sound Business Journal (Seattle) (blog) Upscale tile and plumbing company Ann Sacks will open a new retail store in Seattle’s South Lake Union neighborhood later this summer. Vulcan Real Estate said the 2,900-square-foot store will open across from the Whole Foods grocery store next to the …

<http://www.bizjournals.com/seattle/morning_call/2013/07/ann-sacks-to-open-in-south-lake-union.html>

Front-runners McGinn, Murray targeted in mayoral TV debate The Seattle Times Staadecker, who owns a commercial real-estate company, touted his business skills and said Seattle City Hall should be run “like a five-star hotel.” Joey Gray boasted of growing an ultimate Frisbee league and said she’s running in part because not …

<http://seattletimes.com/html/politics/2021423254_mayordebatexml.html>

New Jersey company pays $62.3 million for Seattle apartment tower

Dispute may stop construction of major hotel

A conflict between development company R.C. Hedreen and the hospitality workers’ union may jeopardize construction of a major hotel near the Washington State Convention Center in downtown Seattle.

First private building set for Yesler Terrace Seattle Post Intelligencer "With all that Seattle has to offer in urban living, housing opportunities for the middle class near the downtown core and major employers in Seattle are almost nonexistent," Jake McKinstry of Spectrum Development Solutions said in a news release.

<http://www.seattlepi.com/realestate/article/First-private-building-set-for-Yesler-Terrace-4670810.php>

Suncadia Achieves More Than $27 Million in Real Estate Sales in Early 2013 MarketWatch (press release) ROSLYN, WA, Jul 17, 2013 (Marketwired via COMTEX) — Suncadia, a year-round mountain resort located 80 miles east of Seattle, started 2013 with a jump in real estate sales, demonstrating that consumer confidence and the real estate market are …

<http://www.marketwatch.com/story/suncadia-achieves-more-than-27-million-in-real-estate-sales-in-early-2013-2013-07-17>

LivingSocial closes its New York office space and terminates its local events …

The Next Web

According to LivingSocial’s Head of Communications Sara Parker, the closure of its New York office differs from Seattle, in that separate office space is still being provided in New York for employees that cannot work remotely. LivingSocial claims this …

<http://thenextweb.com/insider/2013/07/16/livingsocial-closes-its-new-york-office-space-and-is-terminating-its-local-events-division/>

Seattle City Employees’ executive director resigns Pensions & Investments The pension fund also approved several restructuring changes to its real estate portfolio, which had a 10.4% allocation, as of March 31. The board approved redeeming the Washington Capital JMT Real Estate Equity Fund, managed by Washington Capital …

<http://www.pionline.com/article/20130716/DAILYREG/130719913/seattle-city-employees-executive-director-resigns>

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About CRE Northwest

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