Commercial Real Estate

 

Yakima Speedway To Be Sold For Mixed-Use Development

After almost 60 years in operation, the Yakima Speedway and Ice Rink will be sold to make room for a new mixed-use development project. The proposed plan, currently known as Sun Square Yakima, includes a hotel, office space and retail area. The current ice rink will be replaced with a NHL-sized ice arena. Ted Pollock, […]

Rising Sea Levels Could Mean Trouble for Seattle-area Homes

A recent Zillow analysis indicates that due to projected sea level rise, nearly 1600 homes (about 0.85) in the city of Seattle will be flooded by the end of the century. The hardest hit area is likely to be West Seattle, which will loose nearly all of its waterfront. The Magnuson Park and Eastlake neighborhoods […]

Uptown Rezoned by City Council for MHA, Cultural Use

The Seattle City council has passed a bill that will allow the Uptown neighborhood, alternatively called Lower Queen Anne, to be rezoned for mandatory housing affordability. The bill features a trade-off in building height for housing affordability. Most of the height increases are modest, though they will more than double in a few select areas […]

South Seattle Community Prepares for Future Light Rail Expansion.

The Graham Street station in South Seattle is not expected to go online until 2031. But community organizers are already anticipating new development and evaluating the potential effects of gentrification in the area. In particular, SouthCore, a coalition of 24 organizations that was active in lobbying for the new station, is trying to start a […]

Beacon Hill Grocery Transforms into Arts Space

A 1929 building on 21st Avenue South and Stevens Street that began life as a corner grocery store has now been transformed into a multi-use space for the arts and community events. Married couple Janet Galore and Demi Raven bought the space two years ago while still dating. Though the building is no longer zoned for commercial […]

South Lake Union Restaurateurs Struggle Despite Amazon Boom

When Amazon established a new headquarters in the previously rundown South Lake Union neighborhood earlier in the decade, many restaurateurs flocked to the downtown district to take advantage of the new crowds. Now, though, many of theses restaurants claim to be struggling. Though Amazon employees flock to eateries and bars for lunch and happy hour, […]

Amazon set to lease forthcoming Rainier Square

Amazon already occupies nearly a fifth of Seattle office space. And according to commercial real estate watchers, that slice of the pie is about to get even bigger. The company is rumored to have a pending lease on the office portion forthcoming Rainier Square project, a 58-story structure set to open in 2019 next to […]

Contention Over A Los Angeles Convent Highlights Commercialized Religious Real Estate

Considering the Crusades and other religious wars, this one is relatively tame. A convent that formerly housed the Sisters of the Most Holy and Immaculate Heart of the Blessed Virgin Mary was put up for sale in Los Angeles. Developer Dana Hollister purchased the property from the nuns, with the intent to rezone it for […]

Seattle Market In Top 30 For Commercial Real Estate Investment, According To Study

Jones Lang LaSalle is reporting that as real estate investment is reaching pre-Recession levels, 50% of it is concentrated in only 30 cities, worldwide. And, that impressive list includes Seattle, of course! They report that real estate investment is expected to continue on the upswing to about $1 trillion by the year 2020, driven by […]

Puget Sound Industrial Vacancy Rates Keep Declining, Helping Raise Rental Rates

Colliers International has reported that the vacancy rates for industrial properties in the Seattle region continued declining into the fourth quarter of 2014, which is influencing rental rates to rise along with real estate prices as demand increases. Check out the chart of economic drivers in Q4:

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Art Stable, by Olson Kundig Architects, Seattle, Wash. The live/work loft project includes a seven-s http://t.co/6Oi9pWs1BS

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RT @bohamrick: 7 Apps Every Commercial Real Estate Broker Needs https://t.co/6OdRC3Fubg

RT @richdadedu: What Are The 3 Key Metrics For Commercial Real Estate? https://t.co/aciBdlr9FJ - Attend our next online training: https://…

RT @NAR_Research: Trends, opportunities, and potential speed bumps to look out for in commercial real estate #CRE: https://t.co/oaytzsvIbu…

RT @REoptimizer: 4 Myths About Commercial Real Estate...Debunked #CRE https://t.co/1UhWY0xkD1 https://t.co/kWJbGXhSMa

RT @SeattlesBanker: OCC seeks to raise appraisal thresholds for commercial real estate loans https://t.co/4MCDfFvzyD

RT @seattlepi: Commercial real estate sellers are trying some new angles in selling properties for development in Seattle. https://t.co/7dO…

RT @EW: ICYMI: Netflix says more #ArrestedDevelopment is in the works: http://t.co/ZbHdbixpKF http://t.co/Lqg5jBp69i

Address of Real Bluth Model Home REVEALED #ArrestedDevelopment: http://t.co/1qNT2TPwz0 http://t.co/gjcWN8U7HL

Art Stable, by Olson Kundig Architects, Seattle, Wash. The live/work loft project includes a seven-s http://t.co/6Oi9pWs1BS

Aros: Federal Center South Building 1202, Seattle, Washington. Commercial Real Estate #commercialre http://t.co/lRX2VhtOZ5

RT @bohamrick: 7 Apps Every Commercial Real Estate Broker Needs https://t.co/6OdRC3Fubg
RT @richdadedu: What Are The 3 Key Metrics For Commercial Real Estate? https://t.co/aciBdlr9FJ - Attend our next online training: https://…
RT @NAR_Research: Trends, opportunities, and potential speed bumps to look out for in commercial real estate #CRE: https://t.co/oaytzsvIbu…
RT @REoptimizer: 4 Myths About Commercial Real Estate...Debunked #CRE https://t.co/1UhWY0xkD1 https://t.co/kWJbGXhSMa
RT @SeattlesBanker: OCC seeks to raise appraisal thresholds for commercial real estate loans https://t.co/4MCDfFvzyD
RT @seattlepi: Commercial real estate sellers are trying some new angles in selling properties for development in Seattle. https://t.co/7dO…
RT @EW: ICYMI: Netflix says more #ArrestedDevelopment is in the works: http://t.co/ZbHdbixpKF http://t.co/Lqg5jBp69i
Address of Real Bluth Model Home REVEALED #ArrestedDevelopment: http://t.co/1qNT2TPwz0 http://t.co/gjcWN8U7HL
Art Stable, by Olson Kundig Architects, Seattle, Wash. The live/work loft project includes a seven-s http://t.co/6Oi9pWs1BS
Aros: Federal Center South Building 1202, Seattle, Washington. Commercial Real Estate #commercialre http://t.co/lRX2VhtOZ5