Subscribe
Home Industry News Alexandria’s Seattle Pivot Holds as Q3 Write-Downs Hit Palo Alto, San Carlos and Austin Instead
Industry NewsLife ScienceResidential

Alexandria’s Seattle Pivot Holds as Q3 Write-Downs Hit Palo Alto, San Carlos and Austin Instead

November 3, 20263 Mins read9
Share
Rendering by Runberg Architecture Group
Share

Alexandria Real Estate Equities' third-quarter results show its Seattle strategy of converting surplus lab sites to housing and courting advanced technology tenants still on course, while the $637.9 million of impairments it booked this quarter centered on assets in Palo Alto, San Carlos, Austin and Boston, with no Seattle market named.

Thank you for your interest in The Registry. If you'd like to read further, you must Subscribe or Log In below to read the rest of this content.

Share
Apartment buildings in Seattle with the Space Needle in the background Previous post Seattle, Portland Rents Trail Midwest Peers Despite Near-Identical Apartment Supply Since 2023

2026 Pacific Northwest CRE Rising Stars

PNW CRE Rising Stars

Featured Posts

Welcome to Everett Sign

Snohomish County Apartment Sales Reach $162MM in Q2 as Cap Rates Compress to 5.1% and 1,746 Units Rise

ByNovember 3, 2026


Recent Posts

ansel-huang-ryVex3lRPng-unsplash-supermarket

Nuveen Real Estate Picks Up Three Puget Sound Shopping Centers in $445.5MM, 1.9MM SQFT Western Retail Portfolio Deal

ByNovember 3, 2026
Construction crane on a site

Mercy Housing Northwest, El Centro de la Raza Break Ground on $170MM, 400-Unit Affordable Project at Seattle’s Mount Baker Station, Backed by $78MM JPMorgan Chase Loan

November 3, 2026
Welcome to Everett Sign

Snohomish County Apartment Sales Reach $162MM in Q2 as Cap Rates Compress to 5.1% and 1,746 Units Rise

November 3, 2026
Bellevue, Spring District, Quadrant Homes, Kirkland, Totem Lake

Seattle Apartment Cap Rates Climb to 5.7%, Highest Since at Least 2018, as Prices Sit 29% Below 2019 Peak

November 3, 2026
Bell Partners

Seattle Office Demand Jumps 59% in Q3, Leading VTS’s Seven-Market Index as Non-Tech Tenants Step Up

November 3, 2026
Related Articles
ansel-huang-ryVex3lRPng-unsplash-supermarket
FinanceIndustry NewsRetail

Nuveen Real Estate Picks Up Three Puget Sound Shopping Centers in $445.5MM, 1.9MM SQFT Western Retail Portfolio Deal

Nuveen Real Estate has acquired a 13-property open-air retail portfolio spanning Washington,...

ByNovember 3, 2026
Construction crane on a site
AECFinanceIndustry NewsResidential

Mercy Housing Northwest, El Centro de la Raza Break Ground on $170MM, 400-Unit Affordable Project at Seattle’s Mount Baker Station, Backed by $78MM JPMorgan Chase Loan

Construction is underway on the first 239 apartments of a 400-unit, $170...

ByNovember 3, 2026
Welcome to Everett Sign
AECFeaturedFinanceIndustry NewsResidential

Snohomish County Apartment Sales Reach $162MM in Q2 as Cap Rates Compress to 5.1% and 1,746 Units Rise

Snohomish County held its place as one of Puget Sound's steadiest multifamily...

ByNovember 3, 2026
Bellevue, Spring District, Quadrant Homes, Kirkland, Totem Lake
FeaturedFinanceIndustry NewsResidential

Seattle Apartment Cap Rates Climb to 5.7%, Highest Since at Least 2018, as Prices Sit 29% Below 2019 Peak

Seattle's average apartment cap rate rose nearly a full percentage point in...

ByNovember 3, 2026
© Copyright 2024 Jellywp. All rights reserved powered by Jellywp.com