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Don't miss Torsten Hirche speak on his skyline tower and the future of senior living around downtown at Bisnow's Seattle Downtown 2018 on June 26. |
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Local business leaders are slamming the Seattle City Council's decision to impose a head tax on the city's top employers. Calling it a "tax on jobs," those who oppose the ruling say the city is doing too little to help the homeless with the funds it already has. There is little trust that the new funds raised will put much of a dent in solving the problem, but it does make Seattle seem less business-friendly, they said. 
The new tax will charge companies that gross more than $20M a year a $275 per employee head tax. That is about half of what the originally proposed tax would have been. Just days after the city council's unanimous vote to pass…
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Southport To Bring Office Space To Renton's Waterfront
Exxel Pacific and SECO Development recently topped out the first two towers of the Southport Office Campus in Renton. Construction is set to be complete on those towers later this year. A third tower will be complete next year. The…
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CBRE Arranges Financing For Redmond East Business Campus
CBRE Capital Markets has arranged the sale of Redmond East Business Campus to a fund managed by Kennedy Wilson. Redmond East is an eight-building office and flex-use complex near downtown Redmond. Thomas Pehl and Lou Senini of CBRE's Seattle office…
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LMC Begins Construction On The Bower In Kirkland
LMC, a multifamily development and management firm, recently broke ground on The Bower, a mixed-use apartment building in the Totem Lake neighborhood in Kirkland. The development, set to open in the summer of 2020, will have 339 apartment units and…
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ICSC Is Commercial Real Estate Professionals' Super BowlRKF Vice Chairman Robert Cohen is in his 25th year attending the International Council of Shopping Centers' RECon event and he said his purpose has remained the same: to get the deal, you have to meet as many retail professionals, landlords and developers as possible. “It's the deal-making conference in our industry,” said Cohen, who has been attending the conference since the early 1990s. With an estimated attendance of 37,000 people and 12,000 booths, ICSC's RECon is known as the largest retail real estate convention in the world. |
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The Future Of Medical Transportation Is Ride-SharingWhen John Parker's friend needed a lift to his medical appointment in Malibu from Simi Valley, his buddy didn't call an ambulance or have his wife or neighbor drive him; instead the 75-year-old hailed a ride-sharing service. Parker said his friend's insurance covered the ride for the trip to the doctor's office. “Uber and Lyft, they are so much more efficient now,” said Parker, the chief financial officer at Parker Brown, a San Fernando-based construction company that specializes in building medical facilities. |
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5 Things You Need To Know About GDPR
On May 25, General Data Protection Regulation goes into effect throughout the European Union. The landmark law will force companies and consumers to focus on how data is managed and protected in the digital age. While the regulation protects citizens…
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