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$220MM Data Center Plan Surfaces on 4.6-Acre Duwamish Site as Seattle Weighs Moratorium

An unnamed developer files plans for a four-story, up-to-320,000-SQFT facility on a former Carlyle cold-storage site, racing ahead of a potential City Hall...

Water fountain in Bellevue, Washington
AECCommercialIndustry News

Amazon Opens 1.75-Acre “Meadow” at Stalled Bellevue 600 Tower 2 Site, Doubling Down on Eastside Footprint

Tech giant transforms paused construction parcel into a public park as Tower 1 build-out continues toward 2027 completion Amazon has converted the dormant...

Seattle skyline with Elliott Bay
FeaturedIndustry NewsResidential

Equity Residential Bets on Bellevue-Redmond as Seattle Apartment Market Trails San Francisco’s AI Recovery

The REIT’s 8,051-unit Seattle portfolio underperformed in Q1 2026, but executives see Eastside office momentum and migration patterns positioning the metro for a...

Seattle skyline
CommercialFeaturedIndustry NewsLeasing

Seattle Holds Steady for BXP as Downtown Vacancy Climbs to 36.5%

The largest premier workplace REIT keeps its two-asset Seattle CBD portfolio at 80.7 percent occupied even as the broader downtown market posts the...

Apartment buildings in Seattle with the Space Needle in the background
FeaturedIndustry NewsResidential

Essex Signals Seattle Apartment Market Poised to Close the Gap with the Bay Area

The West Coast multifamily giant points to dwindling supply, fresh office expansions and improving April leasing data as evidence Seattle’s recovery is underway....

Hockey players on ice
AECFeaturedIndustry NewsRetail

Kraken to Break Ground on $60MM Kirkland Iceplex as Hockey Surge Outstrips Northgate

Public-private deal hands the NHL franchise a 34-year, $1-per-year ground lease on a five-acre Eastside site, opening a second front for a youth...

Facade of an apartment building
FinanceIndustry NewsResidential

32-Unit The Lime Apartment Complex Trades in Richland for $5.375MM

The 32-unit midcentury apartment complex traded at approximately $168,000 per unit, wrapping up the brokerage team’s multi-asset seller assignment in a Tri-Cities market...

apartment building facade
FeaturedFinanceIndustry NewsResidential

Seattle’s Expense Discipline Pays Off: Essex Cuts Operating Costs 3.4% and Drives 4.9% NOI Growth

The Pacific Northwest delivered Essex Property Trust’s largest expense reduction of any region in Q1 2026, leveraging modest 2.3 percent revenue growth into...

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FinanceIndustry NewsNews ReleasesResidential

Mennonite Village Closes $86.2MM in Bond Financing for 275-Acre Campus in Albany, Ore.

CHICAGO, IL – APRIL 7, 2026 – Ziegler, a specialty investment bank, is pleased to announce the successful closing of Mennonite Village’s $86,215,000...

2026 Pacific Northwest CRE Rising Stars

PNW CRE Rising Stars

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