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Kilroy’s Seattle and Bellevue Portfolio Tightens as Westgate Lands 150,000 SQFT in New Leases
The real estate investment trust reported intensifying competition for scarce high-quality space in Bellevue and a sharp pickup in leasing across its South...
Alexandria Names Seattle Among Top Markets for Advanced Technology Demand as Lab Pipeline Shrinks 20%
Alexandria Real Estate Equities singled out Seattle as one of three markets where advanced technology tenants are absorbing buildings the REIT once planned...
Kitsap PUD Sends Public Power Measure to November Ballot, Testing Puget Sound Energy’s Grip on 130,000 Customers
The Kitsap Public Utility District’s board has voted to let county voters decide whether the public agency should have the authority to enter...
King County Assessor Candidates Line Up Behind Homestead Exemption That Would Shift Tax Burden to Commercial Owners
The four candidates running to replace John Wilson as King County assessor have coalesced around a universal homestead exemption that would cut tax...
Washington’s HB 1110 Head Start Positions the Puget Sound to Cash In on New Federal Housing Law
Washington’s early move to end single-family-only zoning may prove to be the region’s biggest advantage under the new federal housing law, which floods...
Washington County, Tualatin Float SIP Tax Break to Anchor Lam Research’s $1.7B TuX Expansion
Washington County and the City of Tualatin have proposed a Strategic Investment Program tax abatement designed to lock in as much as $1.7...
South Sound Industrial Pipeline Swells to 5.8MM SQFT at Midyear as Big-Box Projects Push South into Lewis County
Lee & Associates' midyear 2026 report shows nearly 5.83 million square feet of industrial space under construction across the South Sound, with capital...
Brokers Turn to Autonomous AI Agents to Automate Rent Comp Tracking
Commercial real estate brokers are increasingly handing rote market research to autonomous AI agents that assemble proprietary comp databases and monitor rival properties...
Essex Property Trust Settles RealPage Rent-Algorithm Antitrust Case for $36.5MM
Essex Property Trust used its second-quarter earnings report to disclose it had fully resolved the closely watched antitrust claims tied to RealPage’s rent-setting...
Rising Costs Squeeze Essex’s Seattle Apartment Income Even as Q2 Revenue Climbs 1.7%
Essex Property Trust’s Seattle-area apartments posted higher revenue but lower profit in the second quarter of 2026, as a double-digit jump in operating...
Mayor Wilson Appoints Kelli Larsen as Director of Seattle Office of Housing
Mayor Katie B. Wilson has tapped a five-year veteran of the Seattle Office of Housing, Kelli Larsen, to run the agency and execute...
Portland Retail Vacancy Holds at 4.7% as Construction Deliveries Collapse 97%
Portland’s retail market posted a 92.12 percent surge in average sale price per square foot during the second quarter of 2026, but the...
