Seattle commercial real-estate market moves up in investment forecast
The metropolitan area ranks sixth for commercial and multifamily investment in 2011 among the nation’s top 50 markets. The report’s thumbnail forecast for the Seattle market says it benefits from population growth – 160,000 people have moved here since the recession began. Seattle’s investment outlook, only “fair” a year ago, now is “modestly good,” according to the report.
The battle to keep Zymo in Seattle
Puget Sound Business Journal
The Office of Economic Development said Wednesday it is drafting a letter to Bristol-Myers Squibb, based in New Jersey, encouraging the company to keep ZymoGenetics in Seattle. “We do plan on being pretty aggressive,” said Brian Surratt, business development director for OED. “There are so many assets here that it makes a pretty compelling case for continued investment.”
Starbucks Capitol Hill store to reopen Monday
Daily Journal of Commerce
The 3,900-square-foot Capitol Hill store was reconfigured with a new layout that includes a circular coffee bar, and a new patio on the west side and front of the building. The new configuration will allow the company to serve beer and wine after 4 p.m., and offer a larger selection of food.
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