Why Local And Experiential Retail's
Hot In Seattle
Retail's a tough environment for some, with robust growth for others, the speakers at our Seattle Retail event said — which is the same as always, except the winners and losers constantly shift around. The question is, what makes a retailer successful in the digital age?
The speakers first offered a rundown on some of the broader retail fundamentals. Holiday retail sales were up 4% in November and December compared with last year, and sales were up for the last three quarters of 2016 compared with a…
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Redmond Apartments Aim For Sense-Of-Place Distinctiveness With Wood Carvings
MainStreet Property Group opened The Carter on The Park recently, a 180-unit apartment development in Downtown Redmond. According to the Kirkland-based developer, one of its goals was to make the property distinctive, the better to foster a sense of place.…
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The Top 5 Hottest Neighborhoods Predicted For 2017 May Surprise You
Booming tech industries in Seattle and San Francisco are much to blame for increased popularity in neighborhoods outside of downtown. Homebuyers are forgoing life in city cores and choosing more affordable neighborhoods with renovated homes, and access to high-end shopping and restaurants, and public transit, according to Redfin's Hottest Neighborhoods of 2017 report. Check out which neighborhoods Redfin agents predict will be hot based on recent growth and favorites on Redfin.com.
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Seattle Children's Research Institute Gears Up For Expansion
Seattle Children's Research Institute is preparing to break ground at Stewart Street and Terry Avenue in Downtown Seattle on Building Cure, which will expand the institute's campus to nearly 1M SF. The facility will be to develop therapies for children…
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West Coast
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Suburban Markets Expected To Outperform Downtown Metros As Office Sector Softens
Though the office sector outlook remains strong, experts forecast a mild slowdown this year. Coming out of 2016's strong office environment, CBRE head of office research in the Americas Andrea Cross told Bisnow new supply coupled with a tightening labor market will lead to a moderate slowdown in the national office market. We took a look at four predictions from CBRE's U.S. Real Estate Market Outlook 2017 report.
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The Real Estate Behind The Richest Men And Women In The World Part 9: The Koch Brothers
David and Charles Koch are the principal owners of Koch Industries, the second-largest privately held corporation in the U.S., and are known throughout the industry as the infamous Koch Brothers. Each is worth about $44B and they are known for their enormous political and philanthropic contributions. Though David and Charles are often in the limelight, let's not forget about the two other Koch brothers: Bill and Frederick. Not as wealthy as their siblings, Frederick is an art collector and has a net worth of $4B, and Bill is a businessman with a net worth hovering around $2B.
While the Koch brothers are all notoriously private people, it's not easy for four billionaires to hide all their real estate holdings from the public. Bisnow hones in on five of the brother's most impressive real estate assets next.
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