Finance

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Mortenson Development Selected to Acquire and Develop Naden Avenue Site in Kent for Future Manufacturing Campus

Public–private partnership with City of Kent aims to create modern campus in the Kent Valley for the specialized manufacturing economy (Editor’s Note: According...

Tacoma Arts Live to Sell Historic 61,000 SQFT Tacoma Armory as 47-Year-Old Nonprofit Winds Down

Post-pandemic ticket revenue shortfall and $3 million debt burden force closure of South Sound cultural anchor; board seeks listing agent by end of...

Ryan Companies Acquires 76,000 SQFT Office Building in Seattle for $13MM with Plans for 199-Unit Apartment Complex

Court-ordered sale of 425 Pontius marks a 67 percent loss from 2022 purchase price as Swift Real Estate Partners exits failed value-add play...

U.S. Payrolls Rise 130,000 in January as Unemployment Falls to 4.3%

Wells Fargo Economics says stronger hiring and steady 3.7 percent wage growth bolster case for Federal Reserve to hold rates steady A year...

Link Logistics Sells 225,800 SQFT Industrial Property in Fife for $40.2MM

225,800-square-foot LogistiCenter at 167 traded at $178 per square foot An industrial property in Fife has traded hands, showing that investors continue to...

Meta Reverses Course on 212,000 SQFT Block 13 in Bellevue’s Spring District, Filing Permits for Full Buildout After Two Years Vacant

After leaving its ninth Spring District building in shell condition since 2024, the tech giant’s decision to occupy the $168.5MM tower signals a...

Invesco Acquires 187-Unit Harvest Gate Mobile Home Park for $27.4MM in Puyallup

The deal between two institutional heavyweights underscores continued investor appetite for manufactured housing communities in the Puget Sound region An entity affiliated with...

Q4 Employment Cost Index Rises 3.4%, Marking Slowest Compensation Growth Since 2021

Wells Fargo Economics says labor costs remain in a “Goldilocks zone” as wage pressures ease and benefit growth moderates As policymakers weigh the...

The Morning After and How The Cycle Turned While You Were Sleeping

After two years of paralysis, capital is clearing its throat and deal volume is stirring — but this cycle rewards scalpels, not sledgehammers....

Seattle City Council Votes to Fund Permanently Affordable and Publicly Owned Housing

SEATTLE – Today, the Seattle City Council unanimously approved the Interlocal Agreement between City of Seattle and the Seattle Social Housing Developer (SSHD),...

Oregon’s Economy Surges Past National Growth Rate at 4.7% in Q3 2025

The Beaver State narrows its gap with national GDP growth as Portland’s tri-county metro area accounts for more than half of the state’s...

Washington State Posts $903.7 Billion GDP as King County Commands Nearly 60% of Economic Output

The Evergreen State’s Q3 2025 growth of 3.4 percent trails the national rate, but its tech-driven Puget Sound corridor continues to anchor one...

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