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Aegis sells two senior communities for over $130M
Photo via Aegis Living
In a pair of related deals last week, Aegis Living sold two senior housing communities to Harrison Street Real Estate Capital for about $130.4 million. Both parties used LLCs in the deals, and brokers were not announced.

Timberlane pays nearly $83M for Canopy, with its 336 SnoCo units

By BRIAN MILLER

The Canopy garden apartments, at 923 112th St. S.W., sold in late October for just over $82.7 million, according to Snohomish County records.


Port approves new luxury lounge for Sea-Tac Airport, another breaks ground

By EMMA LAPWORTH

The Port of Seattle Commission last week gave its approval for a new Chase Sapphire Lounge by The Club to open at Seattle-Tacoma International Airport.

AMLI pays over $21M for Spring District apartment site

By BRIAN MILLER

As planned, AMLI Residential has acquired a parcel at the Spring District, where it's to develop a 296-unit apartment project.

Westbound I-90 construction focuses on fish passage

By NINA MILLIGAN

Major construction along Interstate 90 west of Issaquah has many objectives, not the least being to restore fish passage to Chinook, coho and sockeye salmon, resident trout, steelhead, and sea-run cutthroat.


Martin Selig restructures $500M in office debt, with Newmark now representing the space

By JOURNAL STAFF

Newmark and Martin Selig Real Estate announced this week the restructuring of $500 million in debt for 12 Seattle office buildings owned by MSRE. Those loan modifications will allow broker and landlord to pursue new leases, renew existing tenants and invest in the portfolio.

When we ask, ‘How's the market?' we need to ask, ‘Which one?'

By MARY HULL-DRURY

Recently, I asked two commercial real estate brokers essentially the same question within a few days of each other: “How's the market?” One described it as painfully slow. The other told me he was busier than he'd been in months.


Louisiana shipyard wins $350M contract for Alaska ferry replacement

By JOURNAL STAFF

The Alaska Marine Highway System has awarded a nearly $350 million contract to Thomas-Sea Marine Constructors of Bourg, Louisiana, to build a replacement for the aging MV Tustumena, a cornerstone vessel of its Alaska Marine Highway System (AMHS).

Deal pays $13M for Bellevue site

By JOURNAL STAFF

A vacant development site at 115 100th Ave. N.E. sold last week for a bit over $13.1 million, according to King County records.

I-5 lid study RFP on the way

By JOURNAL STAFF

An RFP for a feasibility study on lidding Interstate 5 north of downtown is slated for Nov. 16, according to an advance notice that ran in Tuesday's DJC.

TODAY'S STORIES

A & E
I-5 lid study RFP on the way
Port approves new luxury lounge for Sea-Tac Airport, another breaks ground

Business
McDonald's plans new value bundles after US traffic falls
Job postings up in September
Seattle voters approve transit measure
Stocks surge, Dow soars 1,500 points following midterms

Construction
Louisiana shipyard wins $350M contract for Alaska ferry replacement

Environment
Westbound I-90 construction focuses on fish passage

Technology
NASA telescope plunges to Earth
European supermarket fridges got hacked. Again

Real Estate
When we ask, ‘How's the market?' we need to ask, ‘Which one?'
Martin Selig restructures $500M in office debt, with Newmark now representing the space
Aegis sells two senior communities for over $130M
Deal pays $13M for Bellevue site
Timberlane pays nearly $83M for Canopy, with its 336 SnoCo units
AMLI pays over $21M for Spring District apartment site
PEOPLE & COMPANIES
Justin Dennis
Olson Kundig
Mary Shanks
Herrera Environmental Consultants
Niamh Chambers
Olson Kundig
Emily Morishita
Mayer/Reed





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