Sep 17, 2015

Red Lion wins website awards

Spokane-based Red Lion Hotels won a top award from the Web Marketing Association at WebAwards 2015. Red Lion's website earned a perfect score in seven categories. HeBS Digital of New York designed redlion.com. The site also was named the top hotel/resort site in the 2015 Interactive Media Awards. Red Lion was founded in 1959 and has 130 U.S. hotels.

Two October NAIOP events on retail

Retail is the topic of two October breakfast meetings in Tacoma organized by the Washington chapter of NAIOP. The first meeting is Oct. 1 on finding the right sites, and starts at 7:45 a.m. at Pacific Grill Event Center, 1530 Pacific Ave. Lisa Hill-McCay, vice president at Buxton, will talk about using analytics for site selection. The second event is Oct. 30 with a panel discussion about the state of retail real estate starting at 7:15 a.m. at Pacific Grill Event Center. The panel led by representatives from First Western Properties will talk about how tenants are evolving, and who is moving in and out of the market and why. For more information about both events, or to register, visit: https://goo.gl/4KMi2a

Sep 10, 2015

DCT Industrial Trust

Gemma

DCT Industrial Trust said it has executed over 1 million square feet of development leases in Seattle in the last 60 days. DCT said its Seattle team executed eight leases in six buildings, bringing the development portfolio to 84 percent leased. It said the deals include two pre-leases for 325,000 square feet in buildings now under construction. Patrick Gemma is senior vice president of DCT. It specializes in bulk distribution and light industrial properties.

Tarragon Property Services

Tarragon Property Services in Sumner has added the Yardi ResidentShield Protection Plan to its Yardi Voyager property management and accounting system as part of a required renters insurance program at its properties. Yardi said in a press release that Tarragon will require renters insurance to mitigate property risks. Shelly Gil, multifamily regional manager for Tarragon, said the system is easy to use. Tarragon provides tablets in onsite rental offices so people can apply for a rental unit and purchase renters insurance at the same time. Tarragon Property Services manages over 2,800 multifamily units.

KBS Real Estate Investment Trust

KBS Real Estate Investment Trust, a non-traded real estate investment trust based in Newport Beach, California, said it has renewed a 17,817-square-foot lease with Applied Speciation & Consulting at North Creek Parkway Center in Bothell. North Creek Parkway Center is a six-building campus with office, laboratory and warehouse space. Applied is a testing and consulting laboratory.