 |
Subscribe / Renew |
 |
Contact Us |
| ► Subscribe to our Free Weekly Newsletter | |
Construction Bids
| home | Welcome, sign in or click here to subscribe. | login |
Real Estate
 Lynn Porter Real Estate Editor |
Subscriber content preview
July 30, 2009
Real Estate Buzz: Douglas Howe: Seattle office market is ‘somewhere between dismal and disaster'
By LYNN PORTER
Real Estate Editor
Real Estate Editor
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.”
Howe
. . .
To read this story in full login or purchase a subscription.
Previous columns:
- Real Estate Buzz: GVA sees 20% office vacancy in 2010, 07-16-2009
- Real Estate Buzz: Site sold at a loss — and sellers feel lucky, 06-18-2009
- Real Estate Buzz: 'Shadow market' leaves apartments vacant, 06-04-2009
- Real Estate Buzz: Will warm and fuzzy sell apartments?, 05-21-2009
- Real Estate Buzz: One project, 10 lenders. You do the math, 05-07-2009
- Real Estate Buzz: Help wanted at the Broderick Group, 04-23-2009
- Real Estate Buzz: Local fund turns distressed homes green, 04-09-2009
- Real Estate Buzz: New Fannie rule hits local condo projects, 03-26-2009