Sound Transit Lays Out 2042 Path to Ballard Light Rail, Contingent on Closing a $9 Billion Gap
Sound Transit has sketched a route to open light rail all the way to Seattle's Ballard neighborhood by 2042, but the timeline hinges...
Intracorp Homes Scales Back Edgewood Town Center Apartments to 336 Units
A site once marketed at $25 million for a 578-unit tower has resurfaced with barely more than half that density, as Intracorp Homes...
American Capital Group Wins Preliminary Approval for 322-Unit Bothell Apartments
A hot dog stand and an underused shopping center parking lot in Bothell’s North Creek district are giving way to an eight-story apartment...
Vanbarton Wins Approval to Convert Historic 2601 Elliott Avenue Into 260 Seattle Apartments
A distressed office tower that Zulily abandoned after its post-IPO struggles has won conditional city approval to become 260 apartments, giving Vanbarton Group’s...
Seattle’s 201 Queen Anne Office-to-Apartment Conversion Nears Completion
Seattle’s push to turn empty office towers into apartments is about to produce a tangible result, with a Queen Anne building set to...
Sekisui House Washington Buys 4.79-Acre Bothell Site for $7.6MM
Sekisui House Washington’s $7.6 million purchase of a Bothell-Everett Highway parcel adds to a Puget Sound land pipeline the Japanese homebuilding giant has...
100-Room Western Inn in Lakewood Trades for $8.2MM
GDS 1 Group LLC has acquired the 100-room Western Inn in Lakewood for $8.2 million, adding an economy-segment property to the steady run...
Vanbarton Wins Approval to Convert Historic 2601 Elliott Avenue Into 260 Seattle Apartments
A distressed office tower that Zulily abandoned after its post-IPO struggles has won conditional city approval to become 260 apartments, giving Vanbarton Group’s...
Seattle’s 201 Queen Anne Office-to-Apartment Conversion Nears Completion
Seattle’s push to turn empty office towers into apartments is about to produce a tangible result, with a Queen Anne building set to...
Infiniti of Bellevue Dealership Hits Market as 360-Unit Wilburton Station Redevelopment Opportunity
The unpriced listing puts one of the last large parcels on Bellevue's shrinking Auto Row into play, testing developer appetite for high-rise housing...
Kroger Closes Tacoma Fred Meyer and Mill Creek QFC as Puget Sound Grocery Retreat Widens
Kroger has shuttered a Fred Meyer in Tacoma and a QFC in Mill Creek, the first two Puget Sound casualties of a national...
Puget Sound’s Industrial Construction Pipeline Craters 93% Even as Spec Deliveries Flood a 12.6% Vacancy Market
A cluster of large speculative projects delivered or broke ground across the Puget Sound in the second quarter even as developers slammed the...
Portland Opens $216MM Seismic Washington Park Reservoir, Unveils Public Plaza After Decade-Long Rebuild
The Portland Water Bureau has opened its rebuilt Washington Park Reservoir to the public, capping a decade-long, $216 million effort to replace two...
James Beard Public Market Secures Construction Permit for 2027 Portland Opening
A construction permit from the City of Portland clears the James Beard Public Market to enter its next building phase, advancing a $35...
Ready Capital Lands $141MM C-PACE Loan From Peachtree Group to Recapitalize Ritz-Carlton Portland Tower
Ready Capital has closed a $141 million C-PACE loan from Peachtree Group to recapitalize Block 216, the 35-story downtown tower housing the Ritz-Carlton...
Perry Ellis Returns Jantzen Swimwear to Portland with 25,000 SQFT Lincoln Place Lease
Perry Ellis International’s swimwear division signed a long-term lease for 25,289 square feet at Schnitzer Properties’ Lincoln Place, moving the Jantzen brand from...
Portland Council Pledges $120MM Toward $600MM Moda Center Overhaul to Keep Blazers
Wednesday’s vote sets the stage for months of high-stakes bargaining with the Trail Blazers’ new ownership, whose rocky start with City Hall has...
Portland Committee Advances 3,000-Seat Broadway Venue at PSU, Backs Keller Auditorium Downsizing
A divided Portland City Council committee voted Tuesday to advance a $137.5 million plan for a new Broadway venue at Portland State University...
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Sound Transit Lays Out 2042 Path to Ballard Light Rail, Contingent on Closing a $9 Billion Gap
Sound Transit has sketched a route to open light rail all the way to Seattle's Ballard neighborhood by 2042, but the timeline hinges...
Patience Over Growth: TruAmerica’s Bob Hart on the National Multifamily Reset
In a wide-ranging interview on CBRE's The Weekly Take podcast, TruAmerica Multifamily founder Bob Hart laid out how a four-decade veteran is navigating...
Port of Seattle Completes 15,000 SQFT Maritime Innovation Center at Fishermen’s Terminal, Chasing Living Building Status
After a decade of planning and roughly four years of hands-on work, the Port of Seattle has finished construction on the Maritime Innovation...
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...
A Shot in the (Life Science) Arm for Puget Sound
Eli Lilly’s $1.5 billion cash deal for Bothell-based Curevo Vaccine is the kind of validating, capital-attracting exit Puget Sound’s life sciences cluster has...
The Data Center Bargain: What Every Town Should Demand
Free power. Free heat. Clean water. The bargain every town should be demanding. By Billy the Broker (I just want to stay anonymous)...
Portland Opens $216MM Seismic Washington Park Reservoir, Unveils Public Plaza After Decade-Long Rebuild
The Portland Water Bureau has opened its rebuilt Washington Park Reservoir to the public, capping a decade-long, $216 million effort to replace two...
Kilroy Realty CFO Jeffrey Kuehling Exits as Eliott Trencher Takes Interim Finance Helm
Kilroy Realty Corporation said Chief Financial Officer Jeffrey Kuehling is departing the Los Angeles-based office and life science REIT effective immediately, handing interim...
Seattle Leads Nation in Pending Home-Sales Drop as Tech Layoffs Rattle Buyers
Seattle recorded the nation's steepest drop in pending home sales in July as tech-sector layoffs and a median price near $810,000 pushed cautious...
Phoenix Property Files $25MM Plan for 150-Unit Ravenna Apartments in Seattle
Phoenix Property Company files plans for a six-story, 150-unit apartment building on Ravenna's restaurant row in Seattle.
TPG-Affiliated Buyer Pays $12.2MM for 5.71-Acre Fall City Land Site
An institutional housing platform has paid $12.2 million for a stretch of undeveloped land in the small unincorporated King County community of Fall...
James Beard Public Market Secures Construction Permit for 2027 Portland Opening
A construction permit from the City of Portland clears the James Beard Public Market to enter its next building phase, advancing a $35...
Outdoor Research Relocates Seattle HQ to 8,000 SQFT West Seattle Waterfront Office
Outdoor Research moves its Seattle HQ to a 7,916 SQFT West Seattle waterfront office, a sharp downsize from its former SoDo headquarters.
Tri Pointe Homes Opens 63-Home Plateau at Liberty Bay Community in Poulsbo
Tri Pointe Homes opened its eighth Poulsbo neighborhood since 2007 at a moment when Kitsap County’s tighter land supply has shrunk the builder’s...
