Seattle Faces Hotel Room Surge In 2018
March 13, 2017

Seattle Faces Hotel Room Surge In 2018

Developers are expanding Seattle's hotel stock — over 2,000 rooms will deliver in the next two years alone. Can demand keep up?

In the past three years, developers completed five hotels, adding 671 rooms to the downtown hotel inventory, according to the Downtown Seattle Association. More than 6,000 rooms are now in the pipeline, including 2,781 under construction and 3,397 in earlier…

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Seattle An Up-And-Coming Favorite Among Investors

Seattle advanced to the No. 6 spot on this year's list of best metros for investment, up a notch from last year, according to the CBRE Americas Investor Intentions Survey 2017. Overall, CRE investors seem a bit more optimistic than…

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Supermarkets Readying For Battle In E-Commerce War

E-commerce shares of total retail sales doubled to 8.4% in the nine years that ended in Q3 2016, and grocery retailers are itching to get a piece of the pie.

At least a dozen e-commerce players have successfully cracked the food delivery game in select markets throughout the country, including Amazon Fresh and FreshDirect, but online grocery delivery remains in its infancy.

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Starbucks To Develop Visitor Center At Its Costa Rican Farm

Starbucks Corp. is planning to open a 46K SF visitor center at its farm in Costa Rica next year, with the goal of providing the coffee giant's customers a look at how the Siren Retail premium brand comes to be…

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Here's Why CRE Experts Are Predicting A March Rate Hike

Following the release of February's strong jobs report in addition to several economic indicators that point to a strong labor market and continued economic expansion, commercial real estate experts are projecting a rate hike following the Federal Reserve's March 14-15 Federal Open Market Committee meeting.

U.S. employers added 235,000 jobs in February, a sizable increase, and unemployment dropped one-tenth of a percent to 4.7%. Those stats, in addition to inflation's continued rise toward central bankers' 2% goal, may trigger the move. 

Commercial real estate experts expound on the possible move and its impact on the industry: Click here to read the full story.

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Do you belong at Ascent?

Ascent is a curated membership that gathers the nation's top commercial real estate principals; building bonds through shared experience and provocative discussion.

It is an invite-only membership, focused on deal-making and relationship building. The goal is to connect and inspire the next generation of leaders in commercial real estate under the age of 45(ish). Ascent organizes a biannual East and West Coast 2.5-day gathering of 200 national players, and hosts 50+ local cocktails, dinners, and unique experiential events across the country that help connect our members to people in their local markets. 

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