OpenAI, Uber Anchor 3.4MM SQFT Leasing Surge as Puget Sound Office Market Turns Corner in 2026
A wave of long-term commitments from artificial intelligence, software and professional-services tenants pushed Puget Sound office leasing up 62 percent in the first...
Anthropic Signs 113,000 SQFT Lease at Dexter Yard North in Seattle’s South Lake Union
Valued near $1 trillion and backed by $25 billion from the company next door, Anthropic chose South Lake Union over Bellevue for one...
48,000 SQFT Pac Companies Building in Redmond Trades for $19MM
In a Puget Sound industrial market recording negative absorption and softening rents, a Kirkland buyer paid $396 per square foot for a 48,000-square-foot...
Kite Partners Acquires 87-Unit The Q Apartments in Seattle’s Queen Anne for $24.1MM
A two-year-old Seattle value-add firm just made its largest bet yet — paying $277,000 per unit for a 1950-built Queen Anne tower at...
Pietromonaco Jackson Properties Acquires 253,000 SQFT Queen Anne Square in Seattle for $11MM
A Mercer Island value-add investor is running a proven distressed-office playbook at Seattle’s Queen Anne neighborhood — paying $43 per square foot for...
Onelin Capital Advances Two 22-Story Residential Towers at Seattle’s Former University Inn Site
Onelin Capital Corporation has opened community outreach on a plan to demolish the shuttered University Inn and raise two 22-story residential high-rises in...
Gensler Research Finds the District, Not the Stadium, Now Drives Fan Decisions Across North America
New research from the Gensler Research Institute, drawn from nearly 6,000 residents across major U.S. and Canadian metros, finds that the neighborhoods built...
1803 Fund Acquires Streimer Campus and Widmer Brothers Brewing Properties in Portland’s Albina to Advance Mixed-Use District
A nonprofit backed by Phil Knight’s $400 million commitment is stitching together the contaminated industrial blocks of Portland’s Albina neighborhood where postwar highway...
SecureSpace Opens 72,625 SQFT, 822-Unit Seattle Skyway Self-Storage Facility in Seattle
SecureSpace Self Storage has opened a four-story, climate-controlled facility at 5890 South 129th Street, its third store in Seattle’s south end and the...
Oregon Trails West Coast Neighbors With 1.1% GDP Growth in First Quarter
Oregon’s economy grew at a 1.1 percent annualized rate in the first quarter of 2026, roughly half the national pace and a fraction...
Goodman Real Estate Sells 195-Unit CRU at Willows 124 in Redmond for $94MM
An undisclosed institutional buyer paid $482,000 per unit for a freshly delivered Redmond apartment community, betting that the Eastside’s AI-driven employment wave will...
Seattle Ranks as Nation’s No. 3 AI Metro in Hubble Study as Tech Tenants Anchor Puget Sound Office Recovery
Hubble’s new ranking of the most AI-ready U.S. metros names Seattle the country’s third-strongest AI hub and the highest-scoring market outside the Bay...
1803 Fund Acquires Streimer Campus and Widmer Brothers Brewing Properties in Portland’s Albina to Advance Mixed-Use District
A nonprofit backed by Phil Knight’s $400 million commitment is stitching together the contaminated industrial blocks of Portland’s Albina neighborhood where postwar highway...
Oregon Trails West Coast Neighbors With 1.1% GDP Growth in First Quarter
Oregon’s economy grew at a 1.1 percent annualized rate in the first quarter of 2026, roughly half the national pace and a fraction...
Gensler’s City Pulse 2026 Flags Downtown Portland’s Vibrancy Gap as Authenticity Holds Firm
Downtown Portland holds onto a strong sense of authenticity in Gensler’s largest-ever global study of urban experience, but the city’s core ranks among...
Willamette River Recreation Generates $311MM in Annual Economic Value, ECOnorthwest Study Finds
A new ECOnorthwest analysis presented to Portland civic and business leaders quantifies the Willamette River’s recreational economy for the first time, valuing it...
Self Enhancement, Inc. Launches New Affordable Housing Arm SEI Living with Projects Totaling 61 Units in Portland
The Oregon nonprofit, known for its youth programming and family services, will serve as lead developer and resident services provider for new affordable...
Bed Bath & Beyond and Container Store Open Only Oregon Co-Branded Store in Tigard as Lemonis Bets Big on Home
Bed Bath & Beyond and The Container Store have opened a combined store at 7417 SW Bridgeport Road in Tigard, the only Oregon...
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2026 Pacific Northwest CRE Rising Stars
Celebrating the Next Generation of Commercial Real Estate Excellence From the tech epicenters of Seattle and Portland to the industrial ports of...
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OpenAI, Uber Anchor 3.4MM SQFT Leasing Surge as Puget Sound Office Market Turns Corner in 2026
A wave of long-term commitments from artificial intelligence, software and professional-services tenants pushed Puget Sound office leasing up 62 percent in the first...
Seattle Economic Development Chief Signals Retreat From JumpStart Tax Expansion as Downtown Vacancy Tops 30%
Seattle’s new economic development director, Beto Yarce, says the city is exploring revenue options other than expanding its JumpStart payroll tax, even as...
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...
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)...
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...
Kinect Real Estate Partners Closes $126.5MM Oversubscribed Fund II, Targeting 3,000+ Apartments Across $1.6B Development Pipeline
ACG-backed investment platform continues to scale to meet growing demand for institutional-quality multifamily investments from wealth investors BELLEVUE, Wash.–Kinect Real Estate Partners (“Kinect”),...
KKR Pays $78MM for 235-Unit Baldwyn Northgate Apartments in Seattle
KKR’s third major Seattle acquisition in two years lands directly adjacent to the Northgate light rail station — a $332,000-per-unit bet that a...
HKS Health Studio Leader on Why Hospital Design’s Biggest Disruption Isn’t the Technology
HKS principal Brian Zeallear, who leads the firm’s Seattle health studio, argues that artificial intelligence is accelerating how hospitals get designed but insists...
Trase Hunts for 100-Person Seattle-Area Office After $107MM Seed Round as AI Leasing Surges
Trase, a McLean, Virginia-based artificial intelligence startup with half its team already in the Puget Sound region, is searching for a Seattle-area office...
EQT Exeter Pays $28.8MM for 110,400 SQFT Everett Manufacturing Building
Buying occupied Everett manufacturing assets from what appears to be the same Miami-based seller family in the same month, EQT Exeter has added...
Harborview Moves on Six-Story Medical Office Building on $52MM Yesler Terrace Site in Seattle
King County and UW Medicine have begun the public review process for a six-story medical office building atop seven levels of below-grade parking...
Kraemer-Scarsella JV Lands $475MM Final Stage of SR 167 Expressway Connecting Puyallup to Port of Tacoma
A joint venture of Kraemer North America and Kent-based Scarsella Bros. is set to break ground in mid-July on the four-year, up-to-$475 million...
24,240 SQFT State-Leased DSHS Office in Moses Lake Trades for $7.23MM
In a Central Washington market where vacancy sits at 2.3 percent and Boeing, battery manufacturers, and the Port of Moses Lake are rewriting...
