Commercial
Seattle Construction Costs Trail National Pace as Q2 Costs Rise 3.48%
Seattle’s non-residential construction costs kept climbing in the second quarter of 2026, but at a pace that continues to lag the rest of...
UW Seeks GC and Architect for $36MM Acute Care Renovation at UWMC Montlake’s Pacific Tower
The University of Washington is hiring a design-build team to convert 18,500 square feet of administrative space back into acute-care beds, a stopgap...
Swickard to Acquire 90% Stake in Portland’s 30-Story Park Avenue West
Auto dealership magnate Jeff Swickard is set to take a 90 percent stake in Park Avenue West, averting a foreclosure auction and marking...
Hudson Pacific Extends $1.1B Hollywood Loan as Seattle Leasing Momentum Offsets Studio-Market Strain
Even as Hudson Pacific Properties rides a Seattle leasing surge that has downtown vacancy falling for the first time in six years, the...
Hudson Pacific Bets on Seattle Leasing to Fill 546,000 SQFT Tower as Dividend Stays Suspended
The West Coast office landlord has withheld its common dividend since September 2024, and its push to lease a half-million-square-foot Denny Triangle tower...
Harborview Unveils 226,000 SQFT Medical Office Plan for Yesler Terrace
Design review documents for Harborview’s 9th and Alder site now call for a six-level underground garage topped by a seven-story medical office building,...
Helion Energy Leases 15,000 SQFT at Seattle’s 8th & Olive as Headcount Hits 800
A fusion energy startup that has grown tenfold in four years is planting its first flag in downtown Seattle, adding office space in...
Avenue5 Residential Leases 15,000 SQFT at 90%-Full Two Union Square in Seattle
As Class A asking rents in downtown Seattle slide toward $40 per square foot and direct vacancy holds above 32 percent, Avenue5 Residential...
Clise Properties Recruits CFO Benjamin Freeburg From Embattled Martin Selig Real Estate
Clise Properties, the 137-year-old Seattle landlord that helped shape the Denny Triangle, has hired Benjamin Freeburg as chief financial officer, drawing a senior...
Portland Council Advances $449MM PSU Performing Arts Center, Clouding Keller Auditorium’s Future
Portland City Council voted 8-4 to move planning forward on Portland State University's roughly $449 million, 3,000-seat Broadway house at the University Place...
Rivian Micromobility Spinoff Also Lands 17,000 SQFT Office and Retail Hub in Seattle’s North Lake Union, Backfilling Overland AI
The electric micromobility company spun out of Rivian has quietly established its first major beachhead outside Silicon Valley at Seattle's Blue Rooster Building...
Washington’s Labor Force Participation Sinks to Near 50-Year Low as Productivity Leads the Nation
Newly released federal labor data shows Washington's share of working-age residents holding or seeking work has slipped to 62.1 percent, among the lowest...
