Monthly Archives: May 2018
Amazon-Occupied 202 Westlake Building Sells for $129.5 Million
Last week, GLL Real Estate Partners sold the 202 Westlake Building in South Lake Union for $129.5 million to La Salle Investment Partners. The sale of the Amazon-tenanted building marks a new record in price-per-square foot of Seattle office space at a whopping $996/SF. That record was previously set by the sale of the same […]
Posted in Commercial Real Estate, Office Buildings, Uncategorized
Seattle City Council Approves Resolution For Local Improvement District
On Monday, the Seattle City Council approved a resolution to create a local improvement district (LID) along the downtown waterfront by collecting $200 million from nearby property owners. Washington state law allows cities to raise money for LIDs by taxing the property owners who stand to benefit the most. The proposed district would extend from […]
Posted in Parks, Property Development
The Collective Re-Invents the Private Club for Millenials
Traditionally, private clubs for business types have been perched on the top of skyscrapers or nestled on golf-courses out in the burbs. But a new trend is developing in which urban ground-level space is becoming the new elite hangout. ClubCorp’s The Collective in Southlake Union is pioneering this trend. Located at the Juno Building, half of […]
Posted in Mixed Use Development
New Nordic Museum Opens in Ballard
Since 1980, the Nordic Heritage Museum has operated out of a schoolhouse in Ballard, a neighborhood historically influenced by Scandinavian immigration early in its history. Now the re-christened Nordic Museum has moved to a new 57,000 sq ft facility, which officially opened to the public on Saturday. The new building designed by Mithun is evocative of […]
Posted in Tourist Attractions
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