Zulily's headquarters building trades hands for $170M

If you work at Zulily, you have a new landlord: JP Morgan Chase (NYSE: JPM).

On Friday, the nearly 100-year-old Seattle Trade & Technology Center that houses the headquarters of Zulily (Nasdaq: ZU) was sold for $170 million, according to public records. The sellers, Wright Runstad & Co.. of Seattle and Shorenstein Properties of San Francisco, had bought the hulking, six-story building on Seattle’s waterfront for $107.5 million in 2006.

The 335,500-square-foot building, located at 2601 Elliott Ave.,…

Porch.com moves to former Zulily space in Sodo, could grow to 600 employees

Porch.com is moving its pack of home improvement developers and team to Sodo, to a building formerly occupied by Seattle online retailer Zulily.

Porch is doubling its office space to 50,000 square feet with the move. The company will begin moving employees in the next couple weeks, and will be fully moved by June.

The Cobalt Building, at 2200 First Ave. S., has been home to Zulily, Starbucks and the Cobalt Group in the last decade.

Porch will occupy two floors in the Cobalt Building initially,…

Column: A transition from coal to clean energy

It’s easy to think of Oregon as a sustainability leader among states. We’re passionate about the quality of our air and water, and we’ve recently become only the second state in the country to adopt a low carbon fuel standard, called the Oregon Clean Fuels Program.

With so much attention paid to our health and environment, it might be surprising for some Oregonians to learn that the amount of power we get from renewable resources isn’t 100 percent.

In fact, the state still uses coal for…

Walmart sells West Oahu parcel to Panda Express owners

Wal-Mart Stores Inc. has sold a parcel in Kapolei in West Oahu near its existing store to the billionaire owners of Panda Express for $5.75 million, according to public records.

CFT Developments LLC, which lists Andrew Cherng and Peggy Cherng, the husband-and-wife founders of Panda Express, as its managers, recently bought the parcel, which is located near the Kapolei Walmart (NYSE: WMT) store.

The California-based Panda Restaurant Group, which also owns Panda Inn and Hibachi-San, has 19 Panda…

Goldmann's renovation set to begin next month with funding from WHEDA, U.S. Bank

The renovation of Goldmann’s department store into a Native American health clinic and potential restaurant will begin April 17 thanks to a complicated forging of partnerships and funding sources.

Also this week, Kenosha organizations are advancing plans to create their own Milwaukee Public Market-style business downtown.

The renovation of the former Goldmann’s building on West Historic Mitchell Street is a partnership between Milwaukee developers Randy Roth and Phoenix Investors LLC. The project…