In the News

Seattle-Area Office Market Makes Painful Adjustments to Post-COVID Normal

Just up from Lake Union in Seattle’s Northlake neighborhood, passersby can stop and watch something surreal in these remote-work times — an office...

In the News | 02.03.23

60-Unit Live/Work Loft Property Up for Sale for $45MM in Los Angeles’ Little Tokyo Neighborhood

The Registry Southern California

A 60-unit historic-cultural building consisting of large open space lofts with street-level commercial and retail space has recently been placed for...

In the News | 02.02.23

Harbor Group International Pays $235MM for 464-Unit Apartment Complex in Los Angeles’ Koreatown Neighborhood

The Registry Southern California

Affiliates of Harbor Group International, LLC (“HGI”), a privately owned international real estate investment and management firm, today announced...

In the News | 01.31.23

Seattle Apartment Rents Up 8% Yearly, but Increases Appear Set to Slow

Puget Sound Business Journal

The median price of a one-bedroom apartment in Seattle has jumped 8.2% year over year to $1,970, according to a new report by the apartment tracking...

In the News | 01.30.23

Medical Miracle: Niche Asset Type Is In Demand

San Fernando Valley Business Journal

Bill Boyd of Kidder Mathews said it’s clear why firms and REITs such as MedProperties, Meridian, Healthcare Realty Trust, Ventas and Welltower...

In the News | 01.30.23

Office Market: Rise in Vacancies is Unabated

San Fernando Valley Business Journal

The San Fernando Valley office market continued to see rising vacancies and growing negative net absorption in the fourth quarter. For the full story,...

In the News | 01.28.23

Amazon May Sell Massive 29-acre Bay Area Property as Return to Office Stalls

SF Gate

It appears that Amazon’s plans to expand its local office presence are stalling out. A 29-acre property in the Bay Area suburb of Milpitas — which...

In the News | 01.27.23

Elon Musk May Be Late On His San Francisco Rent, But The City Has Bigger Issues With Its Office Space

Yahoo! News

Elon Musk’s $44 billion takeover of Twitter Inc. last year hasn’t been a smooth ride, with employee turnover and social media sniping. And now...

In the News | 01.27.23

Kidder Mathews Sells 28-Unit Sunset Laurel Apartments for $11 Million

Yield Pro

The Sunset Laurel Apartments, located at 1545 North Laurel Avenue in Los Angeles, have sold for $11,000,000. Kidder Mathews’ Senior Vice President...

In the News | 01.26.23

Majestic Realty is Making the ‘Play’ in Reno’s Market

Northern Nevada Business Weekly

A few years ago, when Majestic Realty was scouting new markets to add inventory to its more than 83 million-square-foot portfolio, it didn’t take...

In the News | 01.26.23

With Retail Space at a Premium, Clovis Shopping Center Sells for $10.4 Million

GV Wire

Crossroads Shopping Center in Clovis is changing hands in a $10.4 million deal announced Thursday morning. A southern California family has purchased...

In the News | 01.25.23

Belltown Building Changes Hands

Seattle Daily Journal of Commerce

A Belltown commercial building at 2412 Second Ave. sold for a little over $2.5 million, according to King County records. The seller was SBL...

In the News | 01.25.23

Jamison Places 70,760 SQFT Office Building in Los Angeles on Market for $20.87MM

The Registry Southern California

After decades of ownership, the Jamison Organization is placing a 70,760 square foot office building in Los Angeles up for sale. According to a...

In the News | 01.25.23

LRE & Cos. Reveals Plans for 13-Acre Fernley Promenade Mixed-Use Development in Fernley, Nevada

REBusiness

California-based LRE & Cos. has announced plans to develop Fernley Promenade, a 13-acre mixed-use development along Interstate 80 in Fernley. The...

In the News | 01.25.23

Report: Puget Sound Industrial Market Contends with Inflation, Construction Costs

The Registry Pacific Northwest

The Puget Sound’s industrial market is contending with increased inflation, potential layoffs and rising construction costs, according to a report...

In the News | 01.24.23

Report: Most Seattle-Area Hotels ‘Fully recovered’ From the Pandemic

Puget Sound Business Journal

Seattle’s hotel industry is reaching a critical milestone in its Covid-19 recovery, according to a report from commercial real estate firm...

In the News | 01.24.23

Birtcher Plans 330K SF California Logistics Center

Commercial Property Executive

Birtcher Development has received entitlement approval for a 330,048 square foot logistics center in Fontana, Calif. The distribution facility,...

In the News | 01.23.23

Office Market Slows

San Diego Business Journal

Demand for conventional office space in San Diego County took a hit in the fourth quarter of 2022 as soaring interest rates and an overall cooling of...

In the News | 01.20.23

The Good Old Days are Gone’: Seattle Mayor Bruce Harrell on Reimagining Downtown

GeekWire

As his city tries to emerge from the pandemic, Seattle Mayor Bruce Harrell is thinking about how to revitalize downtown amid long-term changes in work...

In the News | 01.20.23

Amazon, Microsoft & Meta Closing Offices Will Make a Big Dent in the Puget Sound Office Market

The Registry Pacific Northwest

The Patagonia vest recession, a current economic condition that New York University Stern School of Business Professor Scott Galloway aptly named...