Demolition Underway on Stalled Bellevue Hotel Foundation, Clearing Path for 146-Unit SRM Affordable Project
The teardown ends a nearly six-year stall on a 4.5-acre Mercer Slough-adjacent site and triggers Phase II of an Amazon-backed development designed to...
Signal Ventures Secures $15.5MM Construction Financing for 118,800 SQFT Self-Storage Development in Bend, Ore.
Signal Ventures secures loan for Badger Road, Bend Self Storage, a 118,800-square-foot climate-controlled facility on US Route 97 SAN FRANCISCO, Apr. 30, 2026...
Seattle Investor Acquires 20,000 SQFT Georgetown Industrial Site for $7.5MM from FSA Real Estate in Seattle
The transaction prices the longtime Washington Lift Truck service yard at $375 per square foot of land, a premium that underscores investor appetite...
Narrow Stairs Acquires 35-Unit Queen View Apartments Portfolio in Seattle for $6.5MM from Elston Properties
The Santa Barbara-based buyer lands a century-old multifamily asset at $185,714 per unit, well below the Puget Sound average, in a deal that...
Maersk to Shutter 205,000 SQFT Lakewood Warehouse as Puget Sound Industrial Vacancy Hits Record High
The Danish shipping giant will lay off 44 workers on June 30, joining a wave of logistics retrenchment across a Pacific Northwest market...
161-Unit Belltown and Queen Anne Multifamily Portfolio in Seattle Hits the Market for Sale
The Sidney and Queen Anne Flats hit the market as investor appetite returns to Seattle’s urban core, with the combined offering carrying an...
PMF Investments Sells 35,000 SQFT Homeport Building and 118-Slip Marina Site in Kirkland for $46MM
The trophy Lake Washington waterfront asset cleared a complex disposition shaped by mixed product types, a below-market anchor lease and deferred maintenance —...
Bellevue Reopens Its Downtown Playbook as Eastside Office Market Pulls Tenants From Seattle
City Council initiates Downtown Livability 2.0, a rewrite of the 2017 land use code aimed at the next wave of high-rise development across...
Tacoma Council Sets May 19 Hearing on 2026 Zoning Overhaul as Home in Tacoma Pipeline Swells 62 Percent
City pushes deeper into middle-housing reform with amendments expanding special-needs housing zones, easing childcare rules, and queuing up annexation along McKinley Avenue East....
AEW Capital Management Sells 75-Bed Senior Living Facility in Seattle for $13MM
The Mercer Island-based operator expands its Puget Sound footprint with the purchase of a 75-bed senior living community in one of Seattle’s most...
Consolidated Supply Lands 276,000 SQFT Full-Building Lease at Trammell Crow’s Woodland Industrial Park
The fourth-generation plumbing distributor doubles down on the Pacific Northwest with a flagship I-5 distribution hub south of Portland. Consolidated Supply Co., the...
Redmond Office Vacancy Plunges From 20.8% to 6.4% in Q1 2026 in Sharpest Single-Quarter Drop Across Puget Sound
The dramatic 1,440-basis-point contraction reflects renewed commitment from major technology tenants along the Willows Road corridor and positions Redmond as one of the...
Signal Ventures Secures $15.5MM Construction Financing for 118,800 SQFT Self-Storage Development in Bend, Ore.
Signal Ventures secures loan for Badger Road, Bend Self Storage, a 118,800-square-foot climate-controlled facility on US Route 97 SAN FRANCISCO, Apr. 30, 2026...
Consolidated Supply Lands 276,000 SQFT Full-Building Lease at Trammell Crow’s Woodland Industrial Park
The fourth-generation plumbing distributor doubles down on the Pacific Northwest with a flagship I-5 distribution hub south of Portland. Consolidated Supply Co., the...
Oregon’s Retail Sector Bleeds Jobs at Five Times the National Rate as Portland’s Urban Core Falters
State retail employment has cratered nearly 6 percent since 2019 while the rest of the country barely flinched, exposing a localized contraction that...
Kotek Signs $365MM Bond Bill for Moda Center, Pressures Portland Council on $400MM Share
Oregon’s governor wants the city’s funding commitment locked in by early summer to keep the Trail Blazers tied to the 31-year-old arena through...
Tigard Pushes $150MM Bond for Combined Police and Public Works Campus on Wall Street
The 100,000-SQFT consolidated facility on a 9.5-acre Wall Street parcel would replace a 1984 station and unify operations now scattered across nine sites,...
Metro Bond Closes In on 5,600 Affordable Homes as Portland Region Confronts 24,000-Unit Shortfall
Greater Portland’s voter-approved housing measure is on track to deliver 1,700 more units than originally promised, even as regional demand for low-cost housing...
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Demolition Underway on Stalled Bellevue Hotel Foundation, Clearing Path for 146-Unit SRM Affordable Project
The teardown ends a nearly six-year stall on a 4.5-acre Mercer Slough-adjacent site and triggers Phase II of an Amazon-backed development designed to...
Starwood Pulls the Plug on SREIT Redemptions, Slashes Distribution as Non-Traded REIT Reckoning Reaches Its Endgame
Barry Sternlicht’s $22.4 billion fund becomes the last holdout in a sector-wide liquidity crisis, betting that Sunbelt multifamily fundamentals will reward shareholders who...
AvalonBay’s Seattle Residential Portfolio Slips 0.2% as Job Growth Stalls
The Pacific Northwest market underperformed AvalonBay’s expectations in Q1 2026, with concessions still elevated and no new development in the pipeline. Seattle stood...
The Geography of Want: Why Starbucks Can’t Drag Its People to Nashville
By Billy the Broker (I just want to stay anonymous) There’s an old joke about the Boston banker who, told he must relocate...
McNellis: F*** Real Estate?
Publisher’s Note What began over a decade ago as a series of candid, sharp-witted articles written for The Registry has grown into one of the...
March’s Jobs Report and the Art of Misdirection
Behind the rosy March employment headline, a quiet exodus: nearly 400,000 Americans gave up on the job market in a single month. By...
The Seven Bills Governor Ferguson Signed That Actually Matter (For Our Industry)
By Billy the Broker (I just want to stay anonymous) There’s an old magician’s trick—old as in Roman Coliseum old—called misdirection. While the...
The Buyer Who Wasn’t There
The record gap between home sellers and buyers reveals a tale of two Americas—Sun Belt markets drowning in oversupply while Northern cities with...
Amazon’s Empty Chairs
By Billy the Broker (I just want to stay anonymous) To put the size of Amazon’s office downsizing in perspective, one of its...
Auto Accessories Sells Century-Old 23,000 SQFT Capitol Hill Warehouse for $10.1MM in Seattle
The sale of the 1920-era Auto Accessories building on 13th Ave. closes a chapter on one of Capitol Hill’s last auto row holdouts...
Land Pro Group Files 94-Home Subdivision on 12.4 Acres in Lake Stevens
The Snohomish County developer’s White Property project advances through city review as Puget Sound inventory swells and small-lot suburban product pushes into a...
Equinix Rides AI Inference Wave to Record Q1 Sales as West Coast Capacity Tightens
The Redwood City data center giant booked its largest sales quarter ever as agentic AI workloads push enterprises off the public cloud and...
Perkins&Will, Mortenson Tapped for Six-Story Behavioral Health Building at Harborview’s Yesler Terrace Site
Seattle’s safety-net hospital pivots a once-stalled Kaiser Permanente parcel into the centerpiece of a $1.74 billion campus modernization, with construction targeted for 2027....
Oregon’s Retail Sector Bleeds Jobs at Five Times the National Rate as Portland’s Urban Core Falters
State retail employment has cratered nearly 6 percent since 2019 while the rest of the country barely flinched, exposing a localized contraction that...
Kotek Signs $365MM Bond Bill for Moda Center, Pressures Portland Council on $400MM Share
Oregon’s governor wants the city’s funding commitment locked in by early summer to keep the Trail Blazers tied to the 31-year-old arena through...
U.S. Economy Faces Latest Supply Shock as Iran Oil Disruption Tests Fed’s Inflation Resolve
UCLA Anderson Forecast projects 2 percent GDP growth and headline inflation climbing to 4 percent by year-end as AI investment and fiscal stimulus...
Tigard Pushes $150MM Bond for Combined Police and Public Works Campus on Wall Street
The 100,000-SQFT consolidated facility on a 9.5-acre Wall Street parcel would replace a 1984 station and unify operations now scattered across nine sites,...