Renegotiating and Walking Back to Olive8

I posted this to the Twitter news wire yesterday, but since the original story merited a full blog post back in May (Walking Away at Olive8), I thought that Andy’s thoughtful follow-up would be worth posting as well. As it turns out, local internet entrepreneur Andy Liu didn’t end up walking away from Olive8 after […]

Checking Up on That 2010 Downtown Condo Dream

Here’s an interesting comparison. First, this graphic, posted here in June 2006, from a Seattle P-I article titled Booming development set to change Seattle’s look: Then, a similar graphic from the most recent Seattle Business Magazine. The red rectangle on the first graphic shows the area that the second graphic covers. I guess Seattle wasn’t […]

Weekend News Roundup

Lots of local real estate related news over the weekend worth mentioning. Here’s a brief roundup of the stories you might be interested in. Let’s kick things off with some good news via Aubrey Cohen at the P-I. Looks like the state’s irresponsible plan to pre-distribute $8,000 tax credit is dead in the water, thanks […]

Two Recent KUOW Pieces of Note

Thanks to everyone who responded to the call earlier this month from KUOW for help on their story about the soft market. Here’s the resulting piece: It’s a Tenants Market for Downtown Seattle Office Space There may be signs of recovery in the region’s housing market, but not so for the region’s office market. A […]

JPMorgan to Drop WaMu Leases Downtown

Here’s another WaMu update on a subject that will likely have a large impact on downtown’s commercial real estate scene: Seattle Times: JPMorgan dumping WaMu’s leased space in Seattle Seattle P-I: JPMorgan dropping six WaMu leases in Seattle From the P-I story: New York banking giant JPMorgan Chase & Co., which in September bought the […]

“Out here in Seattle, we were living in a bubble.”

These articles are a bit off-topic from the usual news about residential real estate, but I thought they were at least worth a brief mention. New York Times: In Seattle, Office Vacancy Rate Is Rising Fast Not long ago, Seattle looked invincible, even as an economic downturn was starting to plague the rest of the […]