Latest News

08/03/10
Target Buys Space for Retail Store Downtown
by Eric Pryne, Seattle Times

Target is coming to downtown Seattle.

The national discount department-store chain has bought the threestory
office and retail space at the base of the 24-story Newmark
condo tower on Second A...

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04/26/10
Real Estate Buzz: Mercer Island landmark is up for sale
By Marc Stiles, Real Estate Editor

Shorewood Heights — a 645-unit Mercer Island apartment complex that has been owned by some of the region's better-known commercial real estate players — is for sale again.
Shorewood Heights trade...

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09/24/09
A Junction of dreams and obstacles
Jeanne Lang Jones, Puget Sound Business Journal

In early 2008, West Seattle’s Alaska Junction area seemed on the verge of a major reinvention as a new-style urban neighborhood...The recession has put most of those projects on hold. An interestin...

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06/29/09
Columbia Plaza plan environmental review approved
Aubrey Cohen, SeattlePI.com

A six-story, 306-unit building proposed for Columbia City's prominent Columbia Plaza site won environmental approval from planners Monday.

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06/15/09
Triton Towers Hits 100% Occupancy Amid Recession
by Brian K. Miller, GlobeSt.com

RENTON, WA-Amid the worst economic crisis since the Great Depression a multi-tenant, 400,000-square-foot office campus here is now fully leased, with less than 2% expiring this year and less than 5...

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05/27/09
Office, studio, meditation room: A big demand for small spaces
Lynn Porter, Seattle Daily Journal of Commerce

Blaine Weber, a senior principal with Seattle-based Weber Thompson, which designed Fifteen Twenty-One, said the studios can be used for many things: hobbies, music, wine tasting, meditation, office...

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05/14/09
Triton Towers is 100 Percent Full
Renton Reporter

Despite a weak and deteriorating office market, Triton Towers office campus has bucked current real estate trends by achieving its first ever 100 percent occupancy, announced Dana Behar, president ...

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11/23/08
36 Hours in Seattle
The New York Times

Condo developers have carved many of Seattle’s quirky neighborhoods into bland real estate listings. But Columbia City still feels like a microcosm of the city itself, a gumbo of art galleries, bik...

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08/18/08
Belltown tower may have outdoor theater
Seattle Daily Journal of Commerce

HAL Real Estate Investments is planning a 400-foot residential tower at 2116 Fourth Ave. in Belltown.

HAL purchased the 12,960-square-foot parcel, located next to the Cinerama theater, for $5 mi...

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08/15/08
Hal Real Estate Unveils Plans for Unique Belltown Residential Tower
Press Release

Seattle, WA, August 12, 2008 - HAL Real Estate Investments has released plans for a new residential tower to be built at 2116 Fourth Avenue in Belltown. HAL recently purchased the 12,960 square foo...

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07/31/08
Historic Seattle
Seattle Daily Journal of Commerce

Gabriel Grant, an investment manager with HAL Real Estate Investments, has been appointed to the Historic Seattle PDA Council, the organization’s governing body.

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06/11/08
A Fresh Squeeze
Queen Anne News

The farmers market in Columbia City, which this year is celebrating its 10th anniversary, has been looking for a home ever since a local developer, Hal Real Estate Investments Inc., purchased the C...

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09/09/07
Social Networking Site
by Ethan Watters, The New York Times

I have yet to meet a developer who has heard of Granovetter’s “weak ties” or put the phrase “high propinquity quotient” into marketing literature. Nonetheless, there is plenty of evidence that buil...

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06/25/07
Columbia City Revival Continues
Seattle Post Intelligencer Editorial Board

Columbia City's revival may no longer need a catalyst, but the southeast Seattle neighborhood should get a boost from the sale of a down-at-the-mouth shopping center. The prospects for additional h...

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06/24/07
HAL Acquires Columbia Plaza for Redevelopment
GlobeSt.Retail

SEATTLE-The premier redevelopment site in Columbia City has been scooped up by locally based HAL Real Estate Investments. The 1.7-acre parcel fronts Rainier Avenue South and also abuts Columbia Par...

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06/19/07
Developer buys Columbia City plaza
Aubrey Cohen, Seattle Post Intelligencer

Those who have worked hard on Columbia City's redevelopment support a Seattle developer's plans to revitalize a crime-ridden shopping center in the South End neighborhood.
HAL Real Estate Investme...

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06/19/07
HAL Real Estate buys Columbia City parcel
Daily Journal of Commerce

HAL Real Estate Investments has purchased the 74,500-square-foot Columbia Plaza property in Columbia City for a mixed-use project.

HAL President Dana Behar said in a news release, “This is argua...

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06/18/07
Developer buys Columbia City shopping center
Aubrey Cohen, Seattle Post Intelligencer

HAL Real Estate Investments announced Monday it bought the 74,500-square-foot Columbia Plaza property, which is bordered by Rainier Avenue South and South Edmunds Street, for just over $6.6 million...

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06/18/07
Columbia Plaza sells for $6.6M
Puget Sound Business Journal

The Columbia Plaza property in Seattle's Columbia City neighborhood has sold for $6.6 million.

The 74,500-square-foot parcel, originally developed as a Tradewell Market in 1957, was bought by HA...

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01/08/07
Providence moving 200 employees from Smith Tower to Renton
Lynn Porter, Seattle Daily Journal of Commerce

The employees will move in early 2008 to the 209,000-square-foot Valley Office Park that Providence bought from HAL Real Estate Investments for $28.84 million, or nearly $138 per square foot, accor...

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01/06/07
HAL Real Estate: Providence buys Renton office Park
The Seattle Times

Seattle-based HAL Real Estate said Friday it has sold Valley Office Park in north Renton for $29 million to Providence Health & Services.

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01/05/07
Renton office park sells for $28.8M
Puget Sound Business Journal

The Valley Office Park in north Renton has been bought by Providence Health & Services for $28.8 million.

Providence officials said they plan to remodel the interior and move into the property n...

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10/13/06
Three original Microsoft buildings sold
by Clayton Park, King County Journal

Three office buildings just south of State Route 520 that once served as the original Eastside campus for Microsoft, prior to the software giant's move to Redmond, were sold Thursday to an undisclo...

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10/13/06
HAL sells Bellevue office park for $39M
Daily Journal of Commerce

HAL Real Estate Investments has
sold for $38.6 million Corporate
Campus East, the original
Microsoft campus, according to a
news release.
The buyer of the 135,500-squarefoot
Bellevue property...

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10/12/06
CCE Sale
Press Release

Seattle, WASH, October 12, 2006— HAL Real Estate Investments has sold Corporate Campus East in Bellevue for $38,633,000 to CB Richard Ellis Investors as an advisor to a separate account...

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10/12/06
Original Microsoft campus sold for $38.6 million
The Seattle Times

HAL Real Estate Investments of Seattle said Thursday it sold the original Microsoft campus in Bellevue for $38.6 million to CB Richard Ellis Investors.

The 135,000-square-foot Corporate Campus E...

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10/12/06
Microsoft's original headquarters sold for $38.6M
Puget Sound Business Journal

Seattle-based HAL Real Estate Investments has sold a Bellevue business park that served as Microsoft Corp.'s original headquarters for $38.6 million, HAL announced Thursday.

The buyer was CB Ric...

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10/12/06
Microsoft's former HQ changes hands
Todd Bishop, Seattle PI

...I bring this up now because the company's old Bellevue headquarters, Corporate Campus East, has been sold by HAL Real Estate Investments to CB Richard Ellis Investors, according to a news releas...

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09/20/06
HAL sells Renton building for $11.6M
Daily Journal of Commerce

The Puget Sound Educational Service District has bought the 75,093-square-foot
Blackriver 800 building in Renton from Seattle-based HAL Real Estate for $11.6 million.

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09/19/06
Renton office building sells for $11.6M
Puget Sound Business Journal

The Blackriver 800 office building in Renton has been bought by the Puget Sound Education Service District for $11.6 million.

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09/18/06
HAL Real Estate sells Blackriver 800 Building
Press Release

One of the Largest Southend Transactions in Years

The Puget Sound Educational Service District has
purchased the 75,093-square-foot Blackriver 800 building in Renton from owner HAL Real Estate ...

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09/05/06
A condo... and a lifestyle, too
Aubrey Cohen, Seattle Post Intelligencer

Back in the 1980s, marketing condos was about selling a product seen as the "poor stepchild" of houses, said Leslie Williams of Williams Marketing. These days it's more about touting a particular l...

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04/01/06
15 Hottest Neighborhoods: Pike/Pine Corridor
Seattle Metropolitan Magazine

Rock Stars: Fast-rising districts surging with glamour and vitality.

Julie Beall recently bought a condominium in the Braeburn building at 14th & Pine. The epitome of "lifestyle-centered" urban...

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02/10/06
Boeing deals in volume as it reshuffles priorities
By Chris Genna, Puget Sound Business Journal

Renton-based Boeing Commercial Airplanes sold 1,029 jetliners, appearing to be well ahead of archrival Airbus until Jan. 17, when the European plane maker announced 1,111 orders -- using what some ...

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01/19/06
From vice to nice
by Tom Boyer, Seattle Times Business Reporter

Much of the area east of Pike Place Market, including this stretch of Second Avenue near Pike Street, will take on a different look over the next few years as new retail and hotel-condo development...

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12/22/05
Shorewood Heights on Mercer Island in sold for $141M
by Marc Stiles, Seattle Daily Journal of Commerce

Security Properties and Principal Global Financial paid HAL Real Estate
$141.3 million for Shorewood Heights, a large apartment complex on
Mercer Island...

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12/21/05
Mercer Island apartments sell for $141M
Puget Sound Business Journal

The Shorewood Heights Apartments fetched $141.25 million for the seller in one of the biggest multifamily deals in what has been a busy year. The purchase price works out to nearly $219,000 per uni...

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12/12/05
Boeing Leases 242,758 Square Foot at Triton Towers
CBRE Press Release

Largest Deal of the Year in the Puget Sound Region
Seattle, WASH, Dec. 12, 2005— HAL Real Estate Investments today announced that The Boeing Company
has signed leases totaling 242,758 square feet...

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09/29/05
Condo conversion fever is spreading to the suburbs
Marc Stiles, Daily Journal of Commerce

The popularity of condo conversions in Seattle not only is heating up, it's spreading beyond the city to the suburbs.

Four years ago, only about 160 apartments in the region were converted, and ...

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06/14/05
Belltown's Site 17 to become condos
Seattle Daily Journal of Commerce

The new owners of Site 17, a two-building apartment, say they will convert the Belltown property into condominiums.

Site 17 Holdings Inc., a subsidiary of HAL Real Estate Investments of Seattle,...

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06/13/05
HAL Real Estate converting Belltown apartments to condos
Puget Sound Business Journal

HAL Real Estate Investments Inc., which on May 23 acquired Site 17, a Belltown apartment complex from Harbor Properties Inc., said it will convert the complex into 129 condominiums.

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05/25/05
Sale of Harbor Steps is ‘big as it gets in Seattle'
by Marc Stiles, Seattle Daily Journal of Commerce

Yesterday's announcement comes less than a week after Harbor sold Site 17, a mixed-use project in Belltown, to HAL Real Estate Investments. The price was $24 million, according to public records.

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05/25/05
Harbor Steps complex is being sold
by Brad Wong, Seattle Post Intelligencer

Just last week, Harbor sold its 129-unit Site 17 apartment complex in Belltown for $23.9 million to a subsidiary of Seattle-based HAL Real Estate Investments, according to King County property reco...

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05/23/05
Harbor Properties sells Belltown apartment complex
Puget Sound Business Journal

Harbor Properties Inc. said it has sold Site 17, a two-building apartment property located on Western Avenue in Seattle's Belltown neighborhood, to a subsidiary of HAL Real Estate Investments Inc.

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05/20/05
Belltown apartments are sold for $23.8M
Seattle Daily Journal of Commerce

Harbor Properties' anticipated disposition of Site 17 wrapped up Thursday when a subsidiary of HAL Real Estate Investments acquired the two-building property on Western Avenue.

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05/19/05
Seattle condo market is 'what's hitting right now'
by Marc Stiles - Seattle Daily Journal of Commerce

Between this year and 2008, 4,481 new condos are to be completed in downtown Seattle and surrounding neighborhoods. ... the Braeburn, a mixed-use project by ... just to the south of the Braeburn ...

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05/19/05
Seattle condo market is 'what's hitting right now'
by Marc Stiles, Seattle Daily Journal of Commerce

Real estate development is a lot like gambling, and these days more and more players are lining up to roll the dice on in-city condominiums.

Look at the prices for high-end units and it's easy t...

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05/17/05
Braeburn's fast sales lead HAL to polish up Cameo
Marc Stiles, Saettle Daily Journal of Commerce

Back in the day, Sam Behar watched movies at the Venetian, a 900-seat theater that was a landmark from the time it opened in 1926 until the last show on Dec. 31, 1958.

Now, 47 years later, Behar...

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03/01/05
Braeburn, Seattle: Best Logo; best brochure for a community...
Builder Magazine

It's not everyday that a logo has so much symbolism and meaning attached to it. But for Braeburn, the name and the logo approach the level of icon.

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02/24/05
Real Estate Buzz: From Harbor to HAL?
Marc Stiles, Daily Journal of Commerce

Properties is selling Site 17 and Site 17 North — Belltown apartment buildings with street-level retail — and talk on the street is that another Seattle company, HAL Real Estate Investments, is the...

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12/16/04
How Capitol Hill Learned to Stop Worrying and Love Density
by Amy Jenniges, The Stranger

Last year, a vacant Red Apple supermarket guarding an empty parking lot was unceremoniously torn down. Today, behind a chain-link fence littered with dumb marketing phrases ("Zen Garden. Own... The...

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11/12/04
Urban infill going strong in Seattle
by Leslie Williams, Seattle Daily Journal of Commerce

Fifteen years ago most of Seattle's downtown was empty except for big-box retail. And now it's thriving...

Residents are looking for community, and as more people return to the downtown core, th...

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08/09/04
Boeing renews Renton office lease through 2007
Puget Sound Business Journal

The Boeing Co. has agreed to renew its lease of the 130,700-square-foot Two Renton Place office building after its current lease expires in May 2005, according to the building's owner, HAL Real Est...

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06/04/04
Buzz about Braeburn: Developer positions Capitol Hill condos
by Jeanne Lange Jones, Puget Sound Business Journal

Record-setting opening weekend sales pushed The Braeburn condominium project on Capitol Hill past Belltown's Cristalla by two units recently, for a record 59 units sold. The Braeburn's crisp pace w...

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05/27/04
Braeburn gets a lot of bites
by Marc Stiles - Seattle Daily Journal of Commerce

Buyers wanting to get a slice of the Braeburn were lined up outside the sales center on a recent sunny Thursday, two days before the official kickoff ...

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05/22/04
Interactive living comes to Capitol Hill
NWClassifieds.com

One of the hottest buzzwords in residential living is the concept of "hiving." And the community that has everyone abuzz is Braeburn Condominiums on Capitol Hill.

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05/14/04
Braeburn sales kick off Saturday
Seattle Daily Journal of Commerce

Presales of condos and town homes at the Braeburn on Capitol Hill begin Saturday at its sales center, 1318 E. Pine St. ... and town homes at the Braeburn on Capitol Hill begin ... The Braeburn is s...

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04/29/04
Williams Marketing
Daily Journal of Commerce

The developers of the Braeburn mixed-use project on Seattle's Capitol Hill have hired Williams Marketing to sell the 147 condos and seven townhomes.

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02/26/04
Braeburn sprouts on old Red Apple site
Seattle Daily Journal of Commerce

Crews from Donovan Excavating started razing the old Red Apple at East Pine Street and 14th Avenue in Seattle to make way for the Braeburn, a 159-unit condominium and retail project in two building...

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02/25/04
Going Up: The Braeburn project is under way...
Capitol Hill Times

It’s been an eyesore for four years, a
boarded-up store front on a large parcel of land at a choice location. But major change is in the works. Demolition work began last week at the
former Red A...

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01/22/04
At Braeburn, cocooning out, hiving is in
Seattle Daily Journal of Commerce

On Capitol Hill at least, "cocooning" may soon be replaced by "hiving." ... is the developer of Braeburn, a 159-unit mixed-use project ... To bring people together, Braeburn will have an 18-seat th...

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05/26/02
Settled in Shorewood: After more than 50 years, this is still a unique refuge for renters
By Lawrence Kreisman - The Seattle Times

At the time, it seemed enormous — a 700-unit apartment complex that rose from the north shore of Mercer Island to its crest. It would accommodate the rapidly growing community that was transforming...

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09/04/01
More apartments for Mercer Island
Seattle Daily Journal of Commerce

The owners of Mercer Island's sprawling Shorewood Heights apartment complex have completed a $22 million renovation of its 568 units and are now building new apartments on part of the 44-acre prope...

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08/10/01
HAL keeping Kirkland plaza
by Todd Bishop, Puget Sound Business Journal

There will be no record-breaking sale of the Plaza at Yarrow Bay, at least not for the time being.
HAL Real Estate Investments Inc. has taken the Kirkland office complex off the market,
confirmed...

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04/27/01
Office complex may fetch record price
by Todd Bishop, Puget Sound Business Journal

A prospective buyer has been chosen for the Plaza at Yarrow Bay office complex in Kirkland,
setting the stage for what could be a record-setting real estate deal.

HAL Real Estate Investments In...

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02/09/01
Big bucks for Kirkland office park?
by Todd Bishop, Puget Sound Business Journal

One of the Eastside's premier office complexes is on the block, and its sale may test the temperature of the regional market for investment properties.

HAL Real Estate Investments Inc. has put t...

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01/18/01
Unico sells eight Renton properties for $83.2 million
Puget Sound Business Journal

Unico Properties Inc. of Seattle sold eight Renton office buildings totaling more than 670,000 square feet to an affiliate of HAL Real Estate Investments Inc. of Seattle for a total of more than $8...

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10/17/00
Renton's upscale apartments fill up
by Joe Nabbefeld, Seattle Daily Journal of Commerce

In February 1999, the newly-constructed, 252-unit Lexington Heights
sold to the pension fund advisor SSR for $26 million, or $106,854 per
unit. The seller was HAL Real Estate Investments Inc.

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10/17/00
Renton's upscale apartments fill up
by Joe Nabbefeld, Seattle Daily Journal of Commerce

In November 1999, the 82-unit Nautica, which Pollard had built in 1992, sold for $8.2 million, or $100,000 per unit. The buyer, International Property Group, intended to convert the apartments to c...

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08/23/00
HAL Buys 520 Complex
by Joe Nabbefeld, Seattle Daily Journal of Commerce

The Seattle-based investment company bought Corporate Campus East's Buildings A, B and C from Mutual of New York Life Insurance Co., King County property records reveal.

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12/03/99
Not everyone, of course, is hot to live in the big city.
Seattle Daily Journal and djc.com

There are some pretty nice suburbs. Take Renton, for instance.

Before you urban snobs start your derisive snorting, consider the deal that Dave Schumacher and Jed Curtis of Columbia Partners rec...

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11/08/99
Newmark retail space is fully leased
Seattle Daily Journal and djc.com

All the retail space at the revamped Newmark Center has been taken. Romax Shoes, Quizno's Subs and Happy Salmon, a gift shop catering to tourists, have taken the last spaces. They join previously a...

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03/12/99
Two apartment projects carry big price tags
By Joe Nabbefeld - American City Business Journals Inc.

Two big apartment building purchases recently closed at prices of least $27 million.

SSR Realty Advisors paid $27 million for the freshly built, 252-unit Lexington Heights apartments in Renton. ...

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12/04/98
Renewing the Newmark
By Joe Nabbefeld - American City Business Journals Inc.

The Newmark condo tower and its retail space-turned-bank offices near Seattle's Pike Market will get a new name, new color and more than $7 million in other upgrades.

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