This is the next in a series of in-depth analyses of submarket-level trends that we’ve observed in recent years.By: Capital Markets Team Lake Union Sale Trends Lake Union has been a top performing submarket in the region for the last decade, from a leasing, development, and investment sales perspective. An average of more than $1.0…
Kinzer Market Observations: Lake Union
Kinzer Market Observations: Lake Union
This is the third in a series of in-depth analyses of submarket-level trends that we’ve observed in recent years.By: Capital Markets Team Then and Now Some of us remember when the big tenants in “sleepy” Lake Union were Washington Natural Gas, PEMCO and the Seattle Times. Many of us were crushed when voters rejected the…
Alexandria Real Estate pays $28.5M for South Lake Union property
Alexandria Real Estate pays $28.5M for South Lake Union property PSBJ/Marc Stiles For the second time in about a year, a real estate company that develops life science and tech campuses has bought a Dexter Avenue North property in the South Lake Union area of Seattle.
2018 Real Estate Trends & 2019 Predictions: Satellite Campuses
After more than 25 years in Seattle commercial real estate, we’ve seen our share of industry trends come and go, and watched how they’ve shaped the city. Reflecting on these changes can tell us a great deal about where the energy is–what are companies and investors gravitating toward when it comes to real estate? And…
Squeezing labs into new spaces
Squeezing labs into new spaces South Lake Union’s life sciences market is hot – but very tight Puget Sound Business Journal South Lake Union checks all the boxes for spinning out life science companies except perhaps one – spaces to house their growth.