How Bellevue Has Grown From Sleepy Suburb To A Thriving Hub
October 9, 2017

How Bellevue Has Grown From Sleepy Suburb To A Thriving Hub

As Bellevue has grown, it has changed dramatically from its sleepy suburban roots. Wallace Properties President and Chief Operating Officer Kevin Wallace, who sits on the Bellevue City Council, has seen those changes unfold firsthand.

"Bellevue has seen a massive transformation over the last 25 years, primarily due to Microsoft and Kemper Development," he said. Wallace, who comes from a real estate family, grew up in Bellevue. After practicing real estate law for seven years,…

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What The Seattle Boom Means For Residential Buyers, Lenders And Developers

Following our recent Seattle State of the MarketBisnow held a cocktail event, hosted at local architecture firm MG2 with Riley Group as a sponsor. 

It was more than just cocktails, since the event included another discussion, "FutureCast 2020 Forum powered by Realogics Sotheby's," focusing on the future of greater Seattle. Attendance was by invitation.

Realogics Sotheby's principal Dean Jones, who founded the FutureCast 2020 Forum, said every sector of Downtown Seattle is growing, except maybe the financing for apartments, which is taking a bit of a breather. Driving all that growth? Jobs and more…

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Swinerton Builders (10.9.17) SEA 10912
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Amazon's New Delivery Service To Take On UPS, FedEx

Amazon is testing a new delivery model that will make more products available for two-day service and avoid overcrowding in its warehouses.

The tech titan plans to limit the number of deliveries handled by UPS and FedEx, and instead will lead most of its own pickup and delivery service. Using this new model, Amazon will also pick up and deliver packages from third-party vendors that sell…

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West Coast New Condo Prices Up Since Last Summer

Lack of significant new condo inventory is pushing pricing up in several West Coast markets. At the end of August, there were 1,587 new condos on the market across San Francisco, Los Angeles, San Diego and Seattle.

Los Angeles, Seattle and San Diego each have only two major condo developments selling new product, which will continue to provide an anemic condo supply in these markets and drive up pricing in the downtown cores. San Francisco's condo market has the most units available, and was the only city to report a pricing decline during the summer compared to 2016, according to data from The Mark Co

Check out how each condo market stacked up through the end of August.

San Francisco

Condo Pricing Index: $1,127/SF New Construction Sales: 230 (summer) New Condos Available (at end of August): 799 Resale Pricing: $1,044/SF Months of Resale Inventory: 1.9 months Summer did not slow down condo sales in San Francisco with 96 new condo units…

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Strip Malls: The Least Glamorous Segment In Retail Is Among The Sector's Strongest Performers

Retail real estate in 2017 can be best described in two words: “in flux.”

Vacancies across the nation have risen as big-box retailers and department stores announced closures and the construction of new product has slowed. But experts agree that retail real estate's fundamentals remain strong. Mall operators continue to adapt to the changing landscape, and high-traffic, urban metro markets remain the best-performing in the sector.

Lost in the conversation about retail's bifurcation is the health of the strip mall — the under-100K SF red-headed step-sibling to luxury retail and the shopping mall.

Click here to read the full story.

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America's 3 Most Horrifying Haunted Houses

The Halloween industry generates scary profits, expected to exceed $10B during the 2017 season, according to Hauntworld.com. One of the largest growth areas in the Halloween trade is the explosion in the number and quality of commercial haunted house attractions, which account for more than $1B of total Halloween spending. Visiting a haunted attraction is now the single most popular way to celebrate the holiday. 

This Halloween, those looking for a fright will have more options than ever to choose from. Here are three of the scariest, compiled by Hauntworld.

Click here to read the full story.

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Seattle 10.17.2017
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The Future of Bellevue
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James Melby
Kemper Development Company
Claudio Guincher
Continental Properties
Kevin Wallace
President & COO, Wallace Properties
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Seattle 11.02.2017
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Seattle Multifamily
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Maria Barrientos
barrientos RYAN
Brad Reisinger
LMC
Jaebadiah Gardner
GardnerGlobal, Inc.
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