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7 Lakes Development Purchases 25,000 SQFT Retail Center in

Lee & Associates Commercial Real Estate Services, 7 Lakes Development, Bellevue, Arlington, Amazon

September 19, 2022 (Bellevue, WA) – Lee & Associates Commercial Real Estate Services is pleased to have brokered the acquisition of Smokey Point Plaza, a 24,794 square-foot retail center located in Arlington, WA, on behalf of their client 7 Lakes Development.

Located on 172nd Street NE in Arlington, Smokey Point Plaza was purchased for $7,165,000. The retail center consists of

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Next Wave Investors Purchases 180-Unit Multifamily Complex

By Kate Snyder

A private equity firm based in southern California recently bought The Nash Apartments for approximately $34 million total, or $188,888 per unit, according to industry reports.

Next Wave Investors made the purchase from CSC Barberry Village Realty, LLC, which is affiliated with Cooper Street Capital, a private equity real estate company based in Aspen, Colo. The deal

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10,747 SQFT Casino in Lakewood Sells for $22.1MM

Lakewood, Pierce County, Macau Casino, Project Evergreen WA LLC, Oak Street Real Estate Capital, Maverick Gaming, Sterling Organization

By Jack Stubbs

Despite a relative lack of property sales in Lakewood in recent months, a recent transaction indicates that properties in Pierce County remain on the map.

On Sept. 2, in a transaction that was officially recorded on Sept. 20, a 10,747 square foot commercial property – Macau Casino – sold for $22.1 million, Pierce County records show.

The

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American Capital Group Kicks Off Development of 240-Unit

American Capital Group, Shoreline, Kinect @ Shoreline, Seattle, Bellevue, Kirkland, Redmond

SHORELINE, Wash.–American Capital Group (“ACG”), a full-service real estate investment and development company, today announced the development of Kinect @ Shoreline, a 240-unit multifamily project in Shoreline, Wash., a Seattle suburb. Construction of the community is underway and is expected to be completed by Q4 2024.

Located at 18553 8th Ave. NE, Kinect @ Shoreline will consist of one mid-rise

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GIS International Group, Master Builders Association of King

GIS International Group, DMG Capital Group, Master Builders Association of King and Snohomish Counties, Kent Station, Madison Plaza, Built Green, IHB Architects, Thrive Communities, Kent

KENT, Wash. (Sept. 19, 2022) – GIS International Group, DMG Capital Group, and Master Builders Association of King and Snohomish Counties (MBAKS) today ceremoniously opened Kent’s newest transit-oriented development just steps away from Kent Station. The building, which broke ground in mid-2020, will welcome its first residents later this month.

Madison Plaza, a mixed-use building featuring 157 market-rate apartment units,

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In Corporate Real Estate, Our Truth no Longer Exists

San Francisco San Jose commercial real estate Seattle San Diego Southern California Pacific Northwest Northern California Gabe Burke

Written by Gabe Burke. Edited by Sharon Simonson.

In corporate real estate, we have awakened to a new reality as we have discovered that some of our deepest beliefs are no longer true. The most powerful change, and what many people have not yet realized, is that employee experience and cost savings now complement each other. This alignment has not

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University of Washington Seeks Developer for Student Housing

University of Washington, CBRE, Seattle, Nordheim Court, Blakeley Village, Radford Court, Laurel Village

SEATTLE –– CBRE and the University of Washington launched a request for qualifications today, seeking a student housing developer and operator of a rare four-property university housing and development site portfolio in Seattle, Washington. The portfolio includes four existing residential properties, flanking or near the UW Seattle campus, encompassing 694 apartments on 36.5 acres.

Kyle Yamamoto, Jon Hallgrimson, Mark Washington

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