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Lynn Porter Real Estate Editor |
July 30, 2009
Seattle-based Touchstone Corp. is a major Puget Sound region real estate developer. Despite the economic downturn and fallout from the credit crunch, Touchstone President Douglas Howe said the firm is acquiring sites and doing pre-development work on a number of projects.
“I think you'll see more resiliency in the Seattle-Bellevue, the Puget Sound markets” than in some other areas of the country, he said. “It's still a place where the underlying fundamentals are strong. It's still a place where the major institutional investors want to be invested long term.”
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