January 24, 2000 By Brad Berton, IPGDirect.com Contributing EditorOnvia.com has agreed to lease the entire 102,000-square-foot Mercer Yale building that was just completed by Blume Co. in the South Lake Union area north of Seattle's central business district.Through the transaction ...
January 19, 2000 HORSHAM, Pa. – State Farm Life Insurance Co. of Bloomington, Ill., has provided $25 million of permanent financing for 799 Market Street, an office/retail property in San Francisco. The financing was arranged by GMAC Commercial Mortgage Corp.'s ...
January 19, 2000 By Brad Berton, IPGDirect.com Contributing EditorSEATTLE – Simpson Housing LP paid $7.9 million for 11.7 acres in suburban Seattle on which it plans to develop a 272-unit apartment complex.Part of the Denver firm's project will be set ...
November 30, 1999 CALGARY – International Properties Group has expanded its U.S. presence with the acquisition of two residential properties in the Seattle area for about C$50 million.The properties are Nautica, an 82-unit property in Renton, and Walden Pond, a ...
October 4, 1999 SEATTLE – Sabey Corp., a Seattle real estate developer, has paid $21.5 million, or $139/sf, for the Queen Anne Square office complex. Sabey acquired the two-building property, which has 155,000 square feet, from Lincoln National Corp.The Queen ...
August 13, 1999 SEATTLE – The investor group that owns the Seattle Sheraton Hotel has filed a motion in U.S. District Court seeking a permanent injunction that would prevent the opening and operation of Starwood Hotels & Resorts' "W" Hotel ...
August 4, 1999 DALLAS – Seattle has begun to lag the nation when it comes to growth in apartment rental rates, according to Axiometrics Inc., a Dallas research firmThe city's average rental rate grew an anemic 2 percent for the ...
July 27, 1999By Brad Berton, VertiNews Contributing EditorBiotech giant Immunex (NADSAQ:IMNX) has leased 58,500-square-feet at 1015 Third Avenue, the original Seattle City Light headquarters that was recently renovated by Expeditors International (NASDAQ: EXPD) for its home office. Immunex, whose annual ...
July 27, 1999 PALO ALTO, Calif. – Essex Property Trust Inc. (NYSE:ESS) said it completed construction of Park Hill at Issaquah, Wash., a 245-unit complex. The complex is already 95% leased. It is owned by a joint venture of which ...
A Seattle City Council committee voted against zoning changes that would have allowed Lowe Enterprises to buy and renovate a former U.S. Postal Service mail-handling facility for use by the Seattle School District.
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