Former Safeway to be divided, Trader Joe’s to take one space

Construction work is now underway at the former Safeway location on the east side of Highway 99 at 196th Street Southwest. The work involves dividing and renovating the space, according to Lynnwood community development director Paul Krauss. “The only tenant we officially know about as of now is a relocated and enlarged Trader Joe’s,” he…

Rents dip across Seattle area, including Lynnwood, in last quarter of 2017

Rents are dropping across the Seattle area for the first time this decade — including rents in Lynnwood. That’s according to a story from our online news partner The Seattle Times. The average rent across King and Snohomish counties dipped 2.9 percent in December compared with the prior quarter, according to a new quarterly landlord…

‘Exceptionally low’ inventory slows year-end home sales, spurs price hikes across region

For real estate brokers, the year 2017 was marked by historic lows for inventory and year-over-year price gains in most areas. That’s according to a report just released by the Northwest Multiple Listing Service, a not-for-profit, member-owned organization of over 28,000 real estate professionals in the Pacific Northwest. For the MLS area overall, inventory shrunk…

San Diego-based real estate company purchases apartment complex in unincorporated Lynnwood

A San Diego-based private real estate company has acquired an apartment complex in unincorporated Lynnwood. MG Properties Group announced the acquisition of Newberry Square Apartments on Tuesday. The complex was purchased along with a second complex in Woodinville for approximately $132.8 million. Newberry Square was built in 2005 and contains 123 units. MG Properties Group…

Beauty of Stone: Elegant, rarely-seen soapstone

I’ve been doing stone setting and designing now for over 32 years. One of my favorite stones to use in my stone masterpiece is soapstone. I call it the “Rich Man’s Stone.” It is quite elegant — it reminds me of money. It’s not that it is too expensive. It is more rarely seen, beautiful…