Seattle Commercial Real Estate News

Amazon now employs more people than Microsoft

Amazon.com Inc. now employs more than 109,000 workers, which is more than 28,000 more than it did a year ago and the company now employs more people than Microsoft Corp.

Amazon Gets Design Approval for Seattle Campus ‘Biodomes’ brandchannel.com

also redefining architecture and work-space. Amazon just received approval from Seattle’s design review board for a five-story office building to be constructed

Real Estate Buzz: It’s show time for The Martin apartments Seattle Daily Journal of Commerce (subscription)

Last week was opening night for Vulcan Real Estate’s latest project: The Martin, a 24-story apartment tower next to Seattle Cinerama at Fifth and Lenora.

Challenge for Seattle’s Next Mayor: Making Housing Affordable KPLU News for Seattle and the Northwest

Seattle rents have climbed 7 percent in the past year—faster than any other big city in the country, according to real estate data firm Reis Inc. And the median

Talon Private Capital pays $52 million for North End office buildings Puget Sound Business Journal (Seattle)

Officials of Talon Private Capital of Seattle and national real estate company PCCP LLC said they have acquired two office buildings north of Seattle for a total of

.

Full-block office on Seattle’s ‘Pill Hill’ sells for $35 million Puget Sound Business Journal (Seattle) (blog)

Healthcare Realty Trust, a publicly traded real estate investment trust based in 47-story Wells Fargo Center in downtown Seattle sold for $396 a square foot.

Amazon plans 2 Fla. distribution centers and 1 in Baltimore

Amazon.com Inc. said it plans to build two new distribution centers in Florida and one in Baltimore that will hire a total of 2,000 people.

Revitalized Rainier Square envisioned The Seattle Times

a high-rise office tower with ground-floor retail could replace Rainier Square. to do something iconic, like the Seattle Public Library, Space Needle and Pike

Hemisphere’s greenest new building is in Lacey Seattle Post Intelligencer

A local building recently was certified as the most environmentally friendly in the Western Hemisphere and the third-greenest in the world, by one measure.

Commercial property roundup: SKB, Goodman are among this Puget Sound Business Journal (Seattle)

Goodman Real Estate of Seattle bought this building in Seattle’s Pioneer Square for SKB hired Chris Holden, a commercial real estate veteran in Seattle,

New Seattle Hotel/Condo Highrise Planned for Denny Triangle Gayapolis

Officials of GIS International Group said Wednesday that they’re starting to plan development of a hotel-condo building in the Denny Triangle area of downtown

Tommy Bahama moving headquarters to new Seattle building

Skanska USA plans to break ground Wednesday on its 400 Fairview office and retail project in Seattle now that it has poached tenant Tommy Bahama from Vulcan Inc.

Bellevue church is expected to sell its prime downtown site soon

After years of study, a Bellevue church is getting close to selling a valuable piece of downtown property where high-rise office and residential towers could be built.

Schnitzer West sells two Eastside properties for $476 million

Seattle commercial real estate company Schnitzer West had a $475.5 million payday Tuesday when it sold two assets — the Bravern Signature Residences in Bellevue and a collection of 11 office buildings in Bothell — to two different buyers.

Hemmed in by development, metal plating firm leaving Seattle

One of Ballard’s oldest manufacturers is leaving town, the latest in a string ofdefections that are transforming the traditionally maritime industrial area of Seattle.

Intel selling DuPont site, plans to reduce staff there

Tech giant Intel Corp. plans to sell its campus in DuPont but lease back some of the space, company spokeswoman Chelsea Hossaini said Monday.

High-rise development site in Seattle’s Belltown sells

A property in the Belltown area of downtown Seattle sold Thursday for $11.5 million, according to public records.

The seller, HAL Real Estate Investments, had obtained a master-use permit from the city to build a 40-story residential tower on the property at 2116 Fourth Ave. Dean’s Transmission is currently operating on the property.

Grosvenor Buys 11 Office Buildings in Seattle Suburb for $167M Commercial Property Executive

Seattle’s Eastside submarket continues to absorb significant amounts of office space,” added James Delmotte, senior vice president/investment for Grosvenor

Pre-built apartments arrive in Belltown Seattle Post Intelligencer

The first apartments of a 49-unit Belltown building arrived by truck this past weekend and were craned into place. OneBuild assembled the apartments in its a

Security wins Vancouver apartment portfolio with $64M bid Portland Business Journal (blog)

A Seattle-based real estate investor has prevailed in one of the most competitive local apartment offerings in recent memory. Security Properties secured three

Bringing office space to Pike/Pine, Dunn and Hobbes ready to dig in CHS Capitol Hill Seattle

Dunn plans to build on the experience gained operating the Agnes Underground space and build the new project as office and coworking space connected

New apartment building in Seattle sells for $32 million

The Seattle group that developed the GreenHouse apartment building in Seattle’s Columbia City neighborhood has sold the property — after saying earlier that it couldn’t let it go.

Officials of JB Matteson Inc., a San Mateo, Calif.-based private real estate investment manager, announced the company bought the 124-unit project at 3701 S. Hudson St. for $32.1 million

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About CRE Northwest

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