Longer Tenant Stays Push Build-to-Rent Operators to Rethink Underwriting and Design, JBREC Says
New survey data from John Burns Research and Consulting reveals that build-to-rent residents increasingly expect to stay three years or longer, prompting the...
Vancouver Puts “Fruit Valley for All” Before Planning Commission as City Reworks Plan for Industrial West-Side Neighborhood
Vancouver's Equitable Development planners will brief the Planning Commission on Oct. 13 about Fruit Valley for All, the city's effort to rewrite the...
Bellevue Seeks Design-Builder for Airfield Park as $163MM Aquatic Center Awaits Funding
Bellevue has opened the hunt for a progressive design-builder to turn the former Eastgate Landfill and Bellevue Airfield site into a 28-acre community...
Kemper Development Shelves $1B Three-Tower Bellevue Square Expansion Ahead of Sale
Kemper Development pauses its $1 billion, three-tower "The Bellevue" expansion, leaving the site's future to the next owner of The Bellevue Collection.
Infill Industrial Partners Buys 126,000 SQFT Renton Warehouse From Blackstone Affiliate for $31.8MM
Infill Industrial Partners paid $31.8 million for a 126,457-square-foot Renton warehouse from a Blackstone affiliate, its second Blackstone buy this month.
Alexandria Stretches $5B Credit Line to 2032 as Seattle Lab Sites Pivot to Housing and Tech
Alexandria Real Estate Equities extended its $5 billion revolving credit facility to 2032 at a lower spread, a refinancing that buys runway for...
Dallas Buyer Pays $10.5MM for Former 100,000 SQFT Rexam Can Plant in Kent
A Dallas-based buyer paid $10.5 million for the former Rexam beverage can plant in Kent, about $105 per square foot.
Seattle Weighs Forcing Landlords to Open the Books on Triple-Net Costs for Small Retail Tenants
Seattle's Office of Economic Development is pushing the City Council to force commercial landlords to disclose occupancy certificates, building conditions and triple-net cost...
Muckleshoot Development Corp. Joins Urban Visions on 146,000 SQFT The Jack in Seattle’s Pioneer Square
The Muckleshoot Indian Tribe's development arm has partnered with Urban Visions on The Jack, an Olson Kundig-designed office building on Seattle's waterfront, as...
EvergreenHealth Lands Record $100MM Weidner Gift to Plan New Kirkland Patient Tower
A $100 million gift from the late Dean Weidner, the largest in EvergreenHealth's history, launches planning for a new patient-care tower on its...
As Gov. Ferguson Kicks Off Seattle Space Week, Kent Pitches Power-Rich 300,000 SQFT Manufacturing Campus to Space Firms
As Gov. Bob Ferguson opens Seattle Space Week, Kent is positioning itself as the place where Washington's space and deep-tech companies move from...
South Sound Industrial Splits in Two as Big Tenants Return and Small-Bay Absorption Stalls at 9.8% Vacancy
Lee & Associates' August South Sound industrial report shows overall vacancy easing to 9.8 percent as tenants chasing blocks of 300,000 square feet...
Downtown Portland Foot Traffic Hits Post-2020 High as Weekend Visits Near 2019 Levels
Downtown Portland drew 22.2 million pedestrian visits through August, its busiest summer since 2020, as weekend crowds and event-goers climbed back toward pre-pandemic...
Trail Blazers Owners Select PCL Construction for Moda Center Overhaul
Trail Blazers ownership taps PCL Construction, ENR's No. 14 U.S. contractor, to lead the proposed $573MM Moda Center renovation.
Stratacache Shops 852,000 SQFT Former Hynix Fab and 198 Acres in Eugene
A campus SK hynix built with $1.5 billion is looking for its next owner, as Stratacache sells off the fab space, power capacity...
Habitat for Humanity Breaks Ground on 50-Home True North Homeownership Community in North Portland’s University Park
Habitat for Humanity Portland Region and a coalition of public and nonprofit partners will formally launch True North, a 50-townhome development in University...
Washington Ranks Sixth Nationally for Real Construction Pay as Seattle, Portland Climb
A Construction Coverage analysis of federal wage and cost data ranked Washington sixth among all states for cost-adjusted construction pay, with the Seattle...
Three International Teams Advance in Portland’s $40MM Waterfront Park Redesign
Portland Parks & Recreation has narrowed a global field of more than 150 firms to three finalist teams competing to reimagine Governor Tom...
Longer Tenant Stays Push Build-to-Rent Operators to Rethink Underwriting and Design, JBREC Says
New survey data from John Burns Research and Consulting reveals that build-to-rent residents increasingly expect to stay three years or longer, prompting the...
Mayor Wilson’s $9.1B Seattle Budget Spares Employers a JumpStart Hike, Tightens the Screws on Apartment Fees
Mayor Katie B. Wilson's first proposed budget closes an inherited $175 million General Fund gap through spending cuts rather than a JumpStart payroll...
Washington Ranks Sixth Nationally for Real Construction Pay as Seattle, Portland Climb
A Construction Coverage analysis of federal wage and cost data ranked Washington sixth among all states for cost-adjusted construction pay, with the Seattle...
The First Footprints in the Snow
AI's hit to jobs looks like a rounding error—until you see who's in the oven: gutted call centers and vanishing entry-level work. Narrow...
McNellis: Economists vs. Flipping Coins
Economist: {noun}: someone good with numbers but without enough personality to be an accountant.
McNellis: One House, One Spouse — A Guide to CRE Wealth Preservation
Why razor-thin overhead and the 'one house, one spouse' rule are the keys to preserving wealth in real estate and in life.
McNellis: In Denial Over the New Normal
By John McNellis Developers always crash and burn in the movies. The eternal bad guy, the developers’ heinous plans to pave a beach,...
Seattle v. Bellevue: The Tortoise Wears a Patagonia Vest
Bellevue is trouncing Seattle on occupancy, but occupancy is the lagging indicator—and the talent that fills tomorrow's offices still wants the messy city...
The Art of the Quiet Exit, A Hudson Pacific Story
Hudson Pacific's COO resigned with the usual boilerplate denial attached—but after a $572 million annual loss, a scrapped dividend and a stock down...
Downtown Portland Foot Traffic Hits Post-2020 High as Weekend Visits Near 2019 Levels
Downtown Portland drew 22.2 million pedestrian visits through August, its busiest summer since 2020, as weekend crowds and event-goers climbed back toward pre-pandemic...
Essex Property Trust Lands $275MM Bank of America-Led Term Loan to Retire Commercial Paper
Essex Property Trust has lined up $275 million of unsecured bank debt led by Bank of America to retire short-term commercial paper, trading...
Best Practice Architecture Turns 3,000 SQFT Capitol Hill Storefront Into Roma Roma Pizzeria With $250,000 Build-Out
Best Practice Architecture has completed Roma Roma, a 2,517-square-foot Roman-style pizzeria inside Capitol Hill's 12th Avenue Arts building, where a $250,000 interior overhaul...
Seattle Absent From Top 10 as $2.26T Exit Boom Rewards Bay Area, Dallas and Denver
A new Deloitte and PitchBook report tracking a record $2.26 trillion in U.S. expansion-stage company exits during the first half of 2026 shows...
Trail Blazers Owners Select PCL Construction for Moda Center Overhaul
Trail Blazers ownership taps PCL Construction, ENR's No. 14 U.S. contractor, to lead the proposed $573MM Moda Center renovation.
Infill Industrial Partners Buys Two Kent Warehouses From Blackstone Affiliates for $49.6MM
Infill Industrial Partners buys two Kent Valley warehouses totaling 257,098 SQFT from Blackstone affiliates Link Logistics and Revantage for $49.6 million.
Outreach to Relocate Seattle Headquarters from Interbay to Fremont in 2027
The move tracks a national pattern: 97 percent of Fortune 100 employees now face hybrid or full-time in-office mandates, and 59 percent of...
Lennar-Linked TPG Land Bank Pays $28.1MM for 42 Acres From Oakpointe in Black Diamond
Oakpointe's $28.1 million sale of 42 acres at Ten Trails to a Lennar-linked TPG land bank comes as King County's median price fell...
