There’s been much talk lately of record Asian capital being pumped into the U.S. commercial real estate market, especially in the past year.
Vikram Jandhyala sees Seattle’s University District evolving into an “innovation district” — a place where public and private sectors work together to develop socially beneficial technologies.
Over the years, the concept of adaptive reuse has gained more and more traction across major U.S. cities. The process allows for significant historic buildings to be preserved or brought back to life, even if converted to a different use than their original purpose.
You’d have to go all the way back to the heady days of the dot-com boom in 2000 to match the amount of new office space coming on to the Seattle/Bellevue market this year.
You’d have to go all the way back to the heady days of the dot-com boom in 2000 to match the amount of new office space coming into the Seattle-Bellevue market this year.
In Seattle and Portland, there’s a new kind of apartment building taking shape.
In a sign of what could be the beginning of the end for the hot rental market, average rents are no longer growing at a torrid pace.
While most people outside the public accounting field are not able to recite tax code sections, those who work in the real estate industry are likely familiar with Section 10310. As a refresher, Section 1031 of the Internal Revenue Code allows property owners to defer gain from the sale of property when they exchange it for like-kind property. Under this code, the gain is not recognized until the replacement property is sold. If the replacement property is exchanged for other like-kind property, however, the property owner can continue to defer the gain recognition.
A new corporate campus under construction on the south shore of Lake Washington could be a game changer for the city of Renton.
Like many of greater Seattle’s suburban commercial districts, Lynnwood’s is a tedious landscape of strip malls, parking lots and squat office buildings. As Gertrude Stein famously remarked about Oakland, California, there’s no there there.
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