Commercial
Mayor Wilson and DSA’s Scholes Confront Dueling Realities at 2026 State of Downtown Seattle
The Downtown Seattle Association’s 2026 State of Downtown event reveals a city center pulled in two directions: a residential boom, declining crime, and...
Small Business Optimism Drops for Second Straight Month as Capex and Hiring Weaken
Sales and earnings gains offer a counterweight, but labor market softness and sticky inflation cloud the outlook for small firms nationwide Small business...
Downtown Seattle Hits 109,845 Residents and 317,000 Jobs as Urban Core Recovery Accelerates
The Downtown Seattle Association’s 2026 Economic Report and State of Downtown event show foot traffic, visitor counts, and public safety metrics improving across...
Bay Club Records $5.8MM Purchase of 24,000 SQFT Arena Sports Facility in Issaquah
The KKR-backed fitness and lifestyle company’s real estate acquisition follows its November 2025 takeover of the Seattle-area indoor sports operator The Bay Club...
U.S. Payrolls Contract by 92,000 in February as Labor Market Stumbles, Fed Outlook Dims
Wells Fargo Economics says one-off factors only partially explain the unexpected decline, with the Iran conflict adding new complexity to an already uncertain...
McKinsey: Agentic AI Could Unlock Up to $550 Billion in Global Real Estate Value
A new report urges industry leaders to move beyond isolated AI pilots and instead redesign entire operational domains around human-agent collaboration. A March...
Public Storage and Welltower Forge Landmark Cross-Sector AI Partnership, Rewriting the REIT Playbook
The two S&P 500 REITs will cross-license proprietary data science models for capital allocation and operations, signaling a new era for technology-driven real...
Covington-Affiliated Entity Acquires Sahalee Golf & Country Club in Sammamish for $11MM
The 210-acre Sammamish golf course, one of the Seattle area’s most prestigious private clubs, changes hands following a member vote that drew near-unanimous...
Groundbreaking on Seattle Public Schools’ $225MM Aki Kurose Middle School Renovation Set for Summer
The two-year modernization and expansion project in the Hillman City neighborhood will demolish 25,000 square feet and add a new 65,000-square-foot classroom wing,...
Fusion Academy Leases 9,500-SQFT Suite at Bellevue’s Lincoln Plaza, Expanding Washington Footprint with Second Campus
Michigan-based private school chain becomes the latest educational institution to repurpose vacant Eastside office space amid rising private school enrollment and persistently elevated...
Nicola Real Estate Sells 34,873-SQFT Studio 7500 Office Building in Redmond Town Center for $23MM
The transit-adjacent, net-leased property is fully occupied by a Volkswagen subsidiary and subleased to cybersecurity firm CrowdStrike, offering the new owner secured cash...
$10.2MM Permanent Refinance Secured for 92,400 SQFT Terminal Sales Office Building in Downtown Seattle
Historic Tower Located Near Pike Place Market in Accessible, Amenity Rich District; Refinance Reflects Insurance Company Lenders’ Improving Views on Office Underwriting Moving...
