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HomeMy WebLinkAbout062025 - The Danforth sells for a loss_ I Spy_ DJC by the NumbersALERT: BE CAUTIOUS This email originated outside the organization. Do not open attachments or click on links if you are not expecting them. <https://gallery.mailchimp.com/f334c89d7466c246e2c74d675/images/558bd870-9caa-414d-8659-a5af1ff5de7b.png> view this email in browser <https://mailchi.mp/6360051613a6/the-danforth-sells-for-a-loss-i-spy-djc-by-the-numbers?e=fce728dfec> #1 MOST READ STORY OF THE WEEK Taking a loss on First Hill, Vanbarton sells the Danforth for $173M <https://mcusercontent.com/f334c89d7466c246e2c74d675/images/23ba3fd5-ef29-e523-3522-27d7c326cc44.jpg> Late last year, Eastdil Secured began shopping the 265-unit Danforth apartments on behalf of owner Vanbarton Group. The latter had acquired the new 16-story building on First Hill from original developer Columbia Pacific Advisors in 2019, for a little over $209.2 million. Kennedy Wilson announced last week that it paid $173 million. More here <https://djc.us13.list-manage.com/trac k/click?u=f334c89d7466c246e2c74d675&id=bd8cb545fb&e=fce728dfec> HOME SALE OF THE WEEK Best of the Northwest in Magnolia $5.88 Million 4594 W Kramer St <https://djc.us13.list-manage.com/track/click?u=f334c89d7466c246e2c74d675&id=0949689581&e=fce728dfec> <https://mcusercontent.com/f334c89d7466c246e2c74d675/images/1e5e7ce1-fd6a-00e9-bfcf-86161143b88e.jpg> This gated and perched estate above Puget Sound offers panoramic views, soul-deep privacy, and daily moments of wonder. With a historic orchard, pool, sport court, jacuzzi, guest studio, and garden, this is a sanctuary built for connection, play, and beauty. Steps from Discovery Park, minutes from downtown. 4 beds 3.5 baths 5420 sf. Arrivals and Departures Arrival -- The Lodge at Skyline Ridge in Cle Elum <https://mcusercontent.com/f334c89d7466c246e2c74d675/images/397e787d-d56f-2529-0a1d-a2d0cd347476.jpg> A new resort-style lodge is under construction at Skyline Ridge, <https://djc.us13.list-manage.com/track/click?u=f334c89d7466c246e2c74d675&id=5a90a5542f&e=fce728dfec> a private gated community in Cle Elum, near the town of Roslyn and the Suncadia Resort. The Lodge at Skyline Ridge will be the community’s main social and recreational epicenter. Seattle firm McCullough Architects is the designer; Trailside Group is acting as its own builder. Departure -- Three towers in the Spring District <https://mcusercontent.com/f334c89d7466c246e2c74d675/images/974e30e6-6a2a-89a8-7f4c-877037f7ff34.jpg> In two deals where dollar figures were at least partly lacking by deadline, three new office buildings at Bellevue's Spring District have changed hands. Original developers Shorenstein Properties, of San Francisco, and local shop Wright Runstad & Co. conveyed the buildings. More here <https://djc.us13.list-manage.com/track/click?u=f334c89d7466c246e2c74d675&id=737afb66ea&e=fce728df ec> <https://www.djc.com/mailchimp/i-spy400.png> <https://mcusercontent.com/f334c89d7466c246e2c74d675/images/83cac2f9-cc9c-4626-6810-438d26e35bfb.png> I spy where I saw the movie Carrie when it came out in 1976. If you can name this building email your answer to jeff@djc.com. Deadline to enter is 5 pm Monday. Prize is a $20 gift card from Cactus Restaurants. Winner selected at random from correct <https://djc.us13.list-manage.com/track/click?u=f334c89d7466c246e2c74d675&id=3afb0ed451&e=fce728dfec> entries. Last weeks winner: Michael Marros -- Forefront Facades LLC Correct Answer: 1201 Third Avenue building Something We Liked Surprising Success of Gondola Transit Systems <https://djc.us13.list-manage.com/track/click?u=f334c89d7466c246e2c74d675&id=aec46d9475&e=fce728dfec> <https://djc.us13.list-manage.com/track/click?u=f334c89d7466c246e2c74d675&id=d3dd7cb83a&e=fce728dfec> DJC By the Numbers for the week ending 6/20/2025 <https://gallery.mailchimp.com/f334c89d7466c246e2c74d675/images/3376ada9-debc-4e98-9d0a-5c0bed6da3f5.gif> NEW CONTRACT AWARDS 123 FEATURED AWARD: New elementary school Ridgefield SD #510 Award: $31.89M Triplett Wellman Contractors <https://djc.us13.list-manage.com/track/click?u=f334c89d7466c246e2c74d675&id=f32a2b4e2b&e=fce728dfec> NEW BIDS WANTED 108 FEATURED BID: 130th NE St and 125th NE St mobility and safety Est cost: $14-14.5M City of Seattle NEW PROFESSIONAL SERVICES 64 FEATURED RFQ: D/B Wenatchee TFREC plant growth facility Est. Cost: $12.62M Washington State University NEW TECH OPS 35 PLANS AT PLANCENTER.COM 274 LIENS AND RELEASES 18 Plan of the Week FREE <https://djc.us13.list-manage.com/track/click?u=f334c89d7466c246e2c74d675&id=a4450987eb&e=fce728dfec> from Plancenter.com Runway rehab Kenai Municipal Airport City of Kenai, AK <https://djc.us13.list-manage.com/track/click?u=f334c89d7466c246e2c74d675&id=ccdffbf2fb&e=fce728dfec> Copyright © 2025 Daily Journal of Commerce, All rights reserved. You are receiving this email because you have shown interest in DJC in the past. Our mailing address is: Daily Journal of Commerce 83 Columbia St Ste 200 Seattle, WA 98104 Add us to your address book <https://djc.us13.list-manage.com/vcard?u=f334c89d7466c246e2c74d675&id=85d99f773a> Want to change how you receive these emails? 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