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Real Estate
 Marc Stiles Real Estate Editor |
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November 12, 2010
Real Estate Buzz: 'Dirt' is starting to move on First Hill
By MARC STILES
Real Estate Editor
Real Estate Editor
Signs that institutional capital is starting to flow again can be found on Seattle's Pill Hill, where buyers are moving in on two high-rise development sites.
An institution from outside this area has signed a letter of intent to buy the Harbor Vista site, and a local apartment developer has signed a purchase-and-sale agreement for a quarter block site where a swanky condo project called SkyGarden was planned before the market tanked. Broker Rick Osterhout is handling the dispositions with his GVA Kidder Mathews colleague Stan Snow.
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Previous columns:
- Real Estate Buzz: No comment on 7th & Madison buyer, 11-04-2010
- Real Estate Buzz: The warts-and-all story of Mosler Lofts, 10-28-2010
- Real Estate Buzz: Selling local retail as an amenity, 10-21-2010
- Real Estate Buzz: Sabey wanted Fed building, but not now, 10-14-2010
- Real Estate Buzz: HomeStreet prepares to sell Cascadia, 10-07-2010
- Real Estate Buzz: Two groceries for downtown Tacoma?, 09-30-2010
- Real Estate Buzz: Greg Smith turns over a new Leaf, 09-23-2010
- Real Estate Buzz: Bedbugs keep some property owners awake, 09-16-2010