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Everett Community College Pushes Back $38MM Baker Hall Rebuild, Cuts 10,000 SQFT From Plans
A 1962-era academic building will still come down this summer, but rising costs have forced the college to shrink and delay its replacement....
Bellevue Readies Draft Policies for Factoria as Eastside Office Rents Climb and Mall Redevelopment Advances
The city’s Great Neighborhoods planning process enters the Refine phase with a May 7 open house, setting a 10- to 20-year blueprint for...
Seattle to Unveil Denny Way Bus Lane Plan to Rescue Metro Route 8, Corridor’s Largest Employers
Mayor Katie Wilson’s administration is set to commit to dedicated transit infrastructure on one of the region’s most congested commercial arteries, a move...
Macerich Bets $140MM NOI Lift on Anchor Overhaul and Gen Z-Driven Merchandising Strategy
The Santa Monica-based mall REIT is executing a two-year repositioning that has pushed leasing volume up 85 percent and committed replacements for all...
Bay Area Swallows Q1 Venture Capital as Seattle and Los Angeles Fall Further Behind
OpenAI, Anthropic and xAI concentrate $221.1 billion in Northern California while Southern California and the Pacific Northwest scrape single-digit billions in a market...
AI Set to Flatten Office Job Growth Through 2030, Pushing U.S. Vacancy to 21.5%, Newmark Finds
A new Newmark research report forecasts that artificial intelligence will moderate office-using employment to near-zero growth over the next five years, reshaping demand...
BRIDGE Housing, Community Roots Open 235-Unit Copperleaf Northgate Next to Seattle Light Rail Station
Transit-oriented affordable housing community at 201 NE 103rd Street delivers with $30 million in King County funding and 24 units set aside for...
Puget Sound Apartment Sales Double to $6B as East Link Light Rail Reshapes Eastside Investment Map
Transaction volume surges past $2.5 billion posted in 2023 as institutional capital returns and a long-awaited transit connection rewires commute patterns across the...
Pacific Northwest Hotels Brace for a Second Year of Softening as Canadian Travelers Stay Home
Seattle draws short-term relief from FIFA World Cup matches while Portland’s recovery slows, and both markets bank on rapidly shrinking construction pipelines to...
Prologis Names Seattle Among Two Softest U.S. Industrial Markets as Puget Sound Vacancy Climbs to 9.7%
The logistics giant says elevated vacancy, muted demand and a supply overhang have pushed Seattle’s recovery timeline further out than the national average....
Everett Advances $120MM Downtown Stadium as City Eyes $10.6MM Design Push and $35MM in Land Buys
City staff outlined property acquisitions, lease terms and a widening funding gap at an April 15 council meeting, with a final go/no-go vote...
Cooling Labor Market Reshapes Apartment Demand While Other CRE Sectors Hold Firm
Slowing job creation and falling workforce participation among young adults are postponing rental demand, but office, retail, and industrial properties show resilience to...
