News

YAKIMA, WA – Wallace Properties, Inc. is pleased to announce that Big Lots has signed a lease to occupy 34,410 square feet at Gateway Center and will join Target and OfficeMax as co-anchors.

SEATTLE, WA – Wallace Properties, Inc. announces today that it has signed a lease with 24 Hour Fitness to occupy 45,292 square feet at 507 Northgate, a premier mixed-use development in Seattle’s Northgate neighborhood.

BELLEVUE, WA – Unico Properties LLC and Wallace Properties, Inc. announced today that Overlake Hospital Medical Center (Overlake) in Bellevue, WA, has selected the two firms to jointly manage and lease its seven medical office buildings, which comprise a total of approximately 250,000 rentable square feet.

BELLEVUE, WA – CoStar Group (NASDAQ:CSGP) has selected Wallace Properties, Inc. as a CoStar Power Broker Award winner for 2008.

SEATTLE, WA - Wallace Properties announces today that 507 Northgate has opened its doors as the first mixed-use apartment project to open in Northgate since the adoption of the Growth Management Act in 1990.

REDMOND, WA - Wallace Properties, Inc. has announced the sale of the Washington Federal Savings Building, located at 16200 Redmond Way in Redmond, WA, for $3.5 million to Columbia Bank.

SEATTLE, WA – Wallace Properties, Inc. brokered the retail leasing in the Lothlorien, a brand-new mixed-use building located at 4730 University Way NE in Seattle’s University District.

BELLEVUE, WA - Wallace Properties, Inc. Welcomes New Property Manager Connie Shyne to its Property Management Team.

BELLEVUE, WA - Wallace Properties, Inc. welcomes Lars Anderson as Associate General Counsel.

BELLEVUE, WA - Wallace Properties welcomes Jay Bergevin to its brokerage division. He specializes in investment properties and retail leasing.

REDMOND, WA - Wallace Properties, Inc. has announced the sale of Limited Edition Office Park Lot #17, located at 2011 152nd Avenue NE in Redmond, WA, for $1.55 million to VEM Enterprises, LLC.

SEATTLE, WA - Wallace Properties, Inc. welcomes OfficeMax to 500 Mercer, the dramatic glass-and-steel mixed-use on 5th Avenue N and Mercer Street in Seattle.

BELLEVUE, WA - Wallace Properties, Inc. is pleased to announce that Bennett Homes, represented by Ellen Post of Wallace Properties, Inc., recently purchased the former Lexus Building, located at 11058 Main Street in Bellevue, WA, for $5.81 million.