Regions West | Seattle/Portland
Microsoft to Pre-Lease 571,800SF Office Building in Bellevue
May 5, 2008

Software giant Microsoft has committed to leasing City Center Plaza, a 571,800-square-foot office building currently being developed in Bellevue by Wright Runstad & Co. and Beacon Capital Partners, the Seattle Times reports. Microsoft will be the sole occupant of the 26-story tower, which will also feature approximately 21,500 square feet of retail space. Broderick Group had been marketing space at the property, scheduled for delivery this year, for $30 to $36 per-square-foot.

 
Recent Seattle/Portland Headlines
Kennedy Wilson Expands Seattle-Area Apartment Portfolio via $117M Buy
July 01, 2008
Kennedy Wilson Multifamily Management Group Ltd., the multi-family investment division of Kennedy Wilson, has acquired two Class B apartment communities in the Seattle area for a total of just over $117 million.
2ndJohn.jpg Cooling Condo Sales Tied to Seattle Rental Growth, $48M Sale
June 24, 2008
Taking advantage of a Seattle apartment market with a high barrier to entry, Sobrato Development Cos. has acquired Expo62, a 114-unit apartment complex in the Lower Queen Anne area of the city from Intracorp Real Estate L.L.C. in a $48 million deal.
Suburban Seattle Apartment Complex Commands $38M
June 20, 2008
The Hearthstone at Merrill Creek, a 220-unit apartment property in Everett, Wash., has recently come under new ownership
Financing in Place for Suburban Portland Apartment Property
June 17, 2008
Elmonica Court Apartments in Beaverton, Oregon has just been financed. Red Mortgage Capital Inc., one of the top Fannie Mae DUS lenders in the country, provided the fixed-rate financing for property owner, Portland-based Randall Group Inc.
Columbia Sportswear to Redevelop Seattle Block
June 12, 2008
Columbia Sportswear Co. has announced plans to redevelop a block of real estate in downtown Seattle, Wash., for the opening of two side-by-side Columbia and Mountain Hardwear-branded retail stores.