Featured
Puget Sound Industrial Market Faces Mounting Headwinds as Vacancy Climbs to 9.3% in Q1 2026
Trade disruptions, declining port volumes, and cautious occupier demand are weighing on the region’s industrial fundamentals, though pockets of strength in Pierce County...
Puget Sound Developers Advance Office Projects Through Permitting and Demolition as Construction Pipeline Sits Empty for First Time in Over a Decade
With zero square feet under construction and no deliveries in Q1 2026, early-stage development signals suggest the region’s next building cycle is being...
North American Life Sciences Sector Grapples With Supply Glut as 55% of Recent Lab Deliveries Sit Vacant
A pandemic-era construction wave has collided with cooling demand, leaving nearly 60 million square feet of new lab space struggling to find tenants...
Kirkland Pushes Sound Transit to Preserve Line 4 Light Rail Amid $34.5 Billion Funding Shortfall
The Eastside city warns that an indefinite deferral of the voter-approved project would leave significant mobility needs unmet for decades. The City of...
Seattle Retail Market Holds Steady in Q1 2026 as Vacancy Creeps Higher and Tenants Grow More Selective
Stable rents and disciplined construction are keeping Puget Sound retail fundamentals intact, but negative net absorption and cautious leasing point to a market...
Skanska Lands $99MM Contract to Build Issaquah School District’s 85,000 SQFT Fourth High School Campus
After a decade of planning, funding setbacks and legal challenges, construction begins this month on an 85,000 SQFT campus projected to cost $168...
March’s Jobs Report and the Art of Misdirection
Behind the rosy March employment headline, a quiet exodus: nearly 400,000 Americans gave up on the job market in a single month. By...
Washington’s Parking Reform Law Forces Developers to Rethink How They Build — and Where They Park
Senate Bill 5184 caps parking mandates statewide, but market demand for car storage is pushing multifamily builders toward creative solutions that shrink the...
Spring Break Rebound Pushes U.S. Office Occupancy Past 54%, but a Stark Regional Divide Persists
The latest Kastle Systems data reveals accelerating return-to-office momentum nationally, with Texas metros nearing pre-pandemic attendance and Class A+ buildings approaching full capacity—while...
Medical Outpatient Sector Sees Record Occupancy and Rising Rents as Limited Construction Reshapes the National Landscape
JLL’s 2026 report finds MOB occupancy at an all-time high of 92.7 percent nationally, with markets like Denver recording steady leasing activity amid...
Seattle Completes $5.2MM Bell Street Project, Closing Final Chapter of $1.2 Billion Waterfront Transformation
Two-way protected bike lane, widened sidewalks and a restored 1950s-era Alaskan Way Viaduct sign bridge now link Belltown to the city’s 20-acre Waterfront...
Puget Sound Office Leasing Accelerates to 2.1MM SQFT in Q1 2026 as Availability Falls to Lowest Level Since Late 2024
Savills report finds technology and AI tenants driving demand across core submarkets, with Microsoft, OpenAI, and Puget Sound Energy among the quarter’s largest...
