CRE’s Waiting Game: Changing Legislation & The Path Forward In today’s environment, “playing the game” has become increasingly difficult. While a typical cycle may range anywhere from 8 to 12 years, the rise and fall of demand is typically fairly gradual. But, what we experienced in 2020, and the years following, was anything but gradual. […]
“The Waiting Game” is a phrase often used to describe today’s commercial real estate market. While this game of patience is not new to owners and developers, it has extended far beyond typical tolerance levels. Real estate, by its very nature, is a cyclical industry marked by periods of triumphant highs and arduous lows. To […]
We are excited to announce the promotion of Casey Gibson to Director of Leasing at Martin Selig Real Estate. With more than a decade of brokerage experience and a deep understanding of the commercial real estate landscape, Casey is set to bring fresh insights and innovative approaches to our leasing operations. A Seattle native and […]
Today, the commercial real estate industry is a dynamic landscape as ownership groups work to adapt their strategies to fluctuating cultural and economic trends. Owners and operators are not only responding to remote work trends but also navigating macro-economic factors including higher interest rates and construction costs. Due to the myriad of factors affecting the […]
We are excited to announce the promotion of Melinda Coleman to the role of Director of Operations at Martin Selig Real Estate. Melinda has been an integral part of our team since 1998 when she started as an admin in the parking department. Since that time, she has demonstrated dedication, leadership, and a comprehensive understanding […]
It is with both excitement and sadness that we are announcing Theresa Howard’s retirement. As Martin Selig Real Estate’s longest-standing employee, we celebrate her 42 years with the team and wish her well in her upcoming retirement. Before Theresa begins her next chapter, we sat down with her to talk all things leasing, MSRE, career […]
Happy Earth Month! While we may be celebrating now, we’re committed to building a more sustainable environment every day. We take our responsibility to the planet seriously; making decisions that are ecologically, socially, and economically sustainable. MSRE is dedicated to reducing our carbon footprint through sustainable operating practices and infrastructure at each property. Keep reading […]
The MSRE family would like to honor Tom Brady as we celebrate his 41 years with the company and wish him well in his upcoming retirement. Tom has faithfully served as MSRE’s Director of Operations since 1983! During his career, Tom has worked on numerous commercial development projects including the Columbia Center, 3131 Elliott, 3101 […]
In today’s development scene, there is considerable buzz around adaptive reuse projects. As cities seek to balance growth with heritage preservation, adaptive reuse offers a compelling solution. By repurposing existing structures, developers can breathe new life into historical buildings, honoring their architectural significance while meeting the demands of modern occupants. This approach not only celebrates […]
In the dynamic landscape of office design, a revolution is underway, reshaping the traditional workplace into vibrant hubs of collaboration, creativity, and community. At Martin Selig Real Estate, we’re at the forefront of this transformation, embracing innovative concepts that redefine the meaning of office space. From the concept of “third spaces,” to a myriad of […]
As we reflect on the dynamic landscape of our industry throughout 2023, we’d like to take a moment to highlight the major milestones and accomplishments MSRE achieved this past year both within our portfolio and the community. Within Our Portfolio We… Reached New Sustainability Heights One of our largest achievements this year was the completion […]
In the ever-evolving world of real estate, expertise, dedication, and a deep commitment to community development are essential qualities for success. Matt Alisch, MSRE’s Chief Financial Officer, exemplifies these qualities in every way. Joining Martin Selig Real Estate in 2000, Matt has made an extraordinary impact on MSRE. Serving as Controller for 18 years, Matt […]
Building a better community doesn’t just mean creating beautiful spaces, it means developing with intention. At MSRE, we place a strong emphasis on sustainability across the portfolio—making decisions that are environmentally, socially, and economically sustainable. We believe that by embodying this mindset we not only create spaces that connect but protect the longevity of the […]
Jordan Selig, with her unparalleled dedication and visionary leadership, has undoubtedly made her presence felt during her 10-year tenure at MSRE. As we reflect on her major accomplishments over the past decade and explore the future of MSRE, it’s clear that her influence extends far beyond blueprints and structures. A Decade of Achievements Over the […]
Community is not just creating spaces where people can gather, it’s about building shared experiences and activating the spaces and neighborhoods we inhabit. MSRE’s first multi-family project, The Modern, stands as a testament to MSRE’s unwavering mission – to create spaces that connect. The Modern is more than just high-end units; it’s a living tapestry […]
At Martin Selig Real Estate, we don’t just build properties; we build connections and invest in the well-being of our communities. Our ongoing collaboration with the American Red Cross stands as a testament to this commitment, and the numbers from our recent blood drives in Downtown Seattle and Lower Queen Anne tell a story of […]
Martin Selig Real Estate (MSRE) is more than just a property development company; it is a dedicated member of the Seattle community. With a strong focus on community engagement and investment, MSRE has been actively shaping and supporting the growth of Seattle. From investing in public spaces to fostering local partnerships and supporting non-profits, MSRE […]
Striving to harmonize functionality, aesthetics, and sustainability, Martin Selig Real Estate (MSRE) prides itself on developing landmark buildings that enhance the urban environment and contribute to the architectural legacy of Seattle. With a rich history dating back to 1958, MSRE has successfully developed over 30 buildings in the city. As we continue to embark on […]
As one of the premier real estate developers in the Pacific Northwest, Martin Selig Real Estate has been at the forefront of the industry for over 60 years. Our commitment to quality, innovation, and tenant experience has earned us a reputation as one of the most trusted names in the business. Founded by Martin Selig […]
Seattle is known for its thriving tech industry, but it is also quickly becoming a hub for biotech innovation. As the Seattle biotech industry continues to grow, the demand for commercial real estate space is also on the rise. And at Martin Selig Real Estate, we are excited to be at the forefront of this […]
At Martin Selig Real Estate, we’re passionate about providing exceptional commercial spaces and building long-term relationships with our tenants. We understand that finding the right space for your business is crucial, but equally important is finding a landlord that values your tenancy and strives to create a positive tenant experience. That’s where our effective tenant […]
At Martin Selig Real Estate, we are proud to be a leading force in Seattle’s commercial real estate market. As a company that has been in business for over 60 years, we have a deep understanding of the city’s real estate landscape and a proven track record of success. One of the things that sets […]
In a major milestone for the 400 Westlake project in Seattle, the crane has been safely dismantled and progress continues towards the scheduled completion in spring 2023. The project is one of the most ambitious in Seattle’s history, transforming the historic Firestone Building into a thriving, high-end commercial real estate high-rise. Read below to learn […]
Seattle’s temperate climate, vibrant culture, and top-notch outdoor recreation make the Emerald City a great place to live and work. At MSRE, we’re proud to be part of the Seattle commercial real estate market and to be able to offer our tenants office spaces in the city’s most up-and-coming neighborhoods. From the booming South Lake […]
Seattle is one of the most exciting cities in the United States right now, and its booming biotech industry is a big part of that. The city has been a hub for tech innovation for decades, but its focus on biotechnology has taken off in recent years. As Seattle’s biotech industry continues to grow, the […]
As commercial real estate continues to evolve, there has been a rise of multi-use buildings, with a focus on amenities and sustainability. Mixed-use buildings are developed to serve a variety of needs. From multi-family residences to commercial offices, retail space, and more, they act as a one-stop shop for all urban needs. Our most recent […]
Developed by Martin Selig Real Estate, 400 Westlake is the greenest building of its size in the world. With a deep focus on sustainability, climate change mitigation and technology, 400 Westlake brings new meaning to a state-of-the-art building. Scheduled to be completed in the spring of 2023, it will be one of the first fully-developed […]
Modern workspaces and the future of commercial real estate are changing as a result of the rise in remote and hybrid work practices. With fewer people returning to the office, hybrid work, coworking, and flex spaces are the new normal. Hybrid work is great for companies that want the flexibility and choice of working in […]
With a rich history of artists and art institutions like the Seattle Art Museum and Dale Chihouli, art is something that Seattle holds near and dear to its heart. You can explore the vast culture by visiting art galleries and museums scattered through the city, or you can spot some breathtaking art pieces by simply […]
Martin Selig Real Estate is focused on producing sustainable developments that will reduce the depletion of critical resources like water, energy, and raw materials to minimize our carbon footprint and create a greener Seattle. At Martin Selig, the health and longevity of our buildings are not only important to us, but to our tenants. We […]
Over 1.2 million people around the world have already experienced the famed England-based street artist Banksy in full color at The Art of Banksy’s immersive art events. This past September of 2022, the Seattle art scene was able to see this artist’s work set front and center at an event set within Martin Selig Real […]
When it comes to luxury apartments, Seattle has always been a city that celebrates innovative design and exclusive amenities. But with The Modern, a community of apartments now leasing in Belltown, Martin Selig Real Estate is offering a new kind of luxury living—One where community is formed around amenity spaces that are uniquely tailored to […]
No matter what industry you are in, location matters. This is especially true for businesses looking for headquarters in Seattle, where the density of foot traffic and the ease of public transit access can vary depending on the neighborhood you choose. So when the former home of the Seattle SuperSonics was renamed the Climate Pledge […]
Seattle has become a hub for the Biotech industry, and Martin Selig Real Estate is supporting the city’s biotech boom and leading the Seattle commercial real estate market by customizing office spaces to help these businesses thrive. In early June, MSRE welcomed a talented lineup of panelists to our property at 635 Elliott West for […]
The city of Seattle sparkles with public art installations that bring color and touches of artistic elegance into open plazas, waterfront pathways, and commercial spaces. This is partly in thanks to a percent-for-art ordinance that the city adopted in 1973 (one of the first cities in the United States to do so), which determined that […]
Since 1958, Martin Selig Real Estate has been connecting clients with custom workspaces that help their businesses thrive. For the last 35 years, Mike Brixner has been an integral member of the MSRE family and a passionate supporter of that mission. As he heads into retirement, we caught up with the Emerald City native to […]
Construction costs are rising. For anyone who follows Seattle real estate market trends (or trends on a national and global scale), this is not news. For the last few years, the COVID-19 pandemic has put pressure on supply chains as labor shortages, shipping delays, and factory closures have left demand high and supply low. Price […]
2021 was a great year for Martin Selig Real Estate. As we look forward to 2022, we caught up with Jordan Selig to hear her outlook on the year ahead. Question: What are your predictions for the future of the Seattle commercial real estate market for 2022? Answer: My prediction for 2022 is that Seattle’s […]
In 2016, voters approved funding for a Seattle link light rail extension that will connect the popular residential and commercial neighborhoods that stretch between West Seattle and Ballard. For locals who live and work in Queen Anne, Delridge, SODO, the Chinatown-International District, South Lake Union, Seattle Center, Interbay, and others, this light rail expansion will […]
In 2008, Seattle lost the SuperSonics to Oklahoma City. Since then, rumors of a professional basketball team returning to the city of Seattle have spread, riling the hopes of local basketball fans and leaving businesses in the Lower Queen Anne neighborhood looking forward to the influx of crowds that home games would bring. So far […]
In March of 2021, Seattle Business projected that Seattle’s commercial real estate market was destined for a slow and steady rebound following the impact of COVID-19. At Martin Selig Real Estate (MSRE), we similarly saw a bright future on the horizon for Seattle construction and development sectors. As reported by the National Association of Realtors […]
Three new light rail stations recently opened in northern Seattle at Green Lake, North Gate and Shoreline, continuing to create astounding accessibility from the light rail for Martin Selig Real Estate (MSRE) tenants. With 14 buildings across three neighborhoods that have access to light rail stations – Belltown from the Westlake stop, Financial District (Union […]
Are you looking to move into a new office space and wondering about the difference between Class A, Class B and Class C tenant classifications for office buildings? Martin Selig Real Estate is here to help. These commercial property classifications indicate the general condition of the building, the location and the amenities the building has […]
Seattle has historically been a strong commercial market for development and occupancy due to its port location, high population density, employment opportunities, and business culture. However, there’s no denying that the COVID-19 pandemic brought a dramatic halt to the growth and development of the region, expanding stagnation to markets across the entire globe. What began […]
Martin Selig Real Estate (MSRE) was proud to recently serve as the title sponsor for BisNow’s Seattle Digital Webinar event May 19th, 2021 on “Strategies for Better Development”. The Digital Summit event included opening remarks from MSRE Real Estate Executive Ilich Vahimi on shaping the future of the office for a returning workforce, multiple networking […]
Martin Selig Real Estate has been in business since 1958, developing commercial real estate and creating custom workspaces for some of Seattle’s most innovative companies. The MSRE family would like to honor our longest-standing employee (aside from Mr. Selig himself!) as we celebrate his 42 years with the firm and wish him well in his […]
Sitting comfortably between Seattle Center and Pike Place Market, and along the city’s bustling downtown waterfront, Belltown is one of the most popular and eclectic neighborhoods in the city. Celebrated for its trendy boutiques, spirited bars and delectable eateries, Belltown has long been a centerpiece of Seattle’s residential and retail core. Perhaps less known about […]
In a recent article published in the Puget Sound Business Journal, I shared some thoughts and insights on why a healthy dose of optimism can help to successfully drive a company’s vision. I’m venturing to expand on those ideas today to help communicate why I, and the rest of the Martin Selig Real Estate team, […]
Seattle is quickly becoming the country’s next biotech hub with new life-science firms being added at a rate of at least 80 a year, according to the Life Science Washington Trade Group. The sector continues to boom in Seattle thanks to a thriving economy, the healthcare industry’s need for cost-saving innovation and a new generation […]
Full floors are available for lease at more than seven properties, ranging from 15,000–50,000 sq. ft. A Class-A office should be your sanctuary while at work, custom designed to fit your business’ every need. At Martin Selig Real Estate (MSRE), Class-A commercial real estate is our specialty, and office sanctuaries are the standard. With […]