Finance
Confidential Tenant Renews 326,447 SQFT Industrial Lease at Centre 41-02 in Mukilteo
The renewal ranks among the largest industrial lease transactions on the Puget Sound Eastside in 2025, anchoring a submarket navigating rising vacancy and...
Bellevue Launches Sweeping 2026-2027 Land Use Workplan Targeting Thousands of New Housing Units
The City’s joint planning initiative spans more than 30 projects across zoning reform, neighborhood planning, and state mandate compliance as Bellevue pursues growth...
Puget Sound Eastside Industrial Vacancy Climbs to 7.4% as Absorption Turns Negative in 2025
Rising vacancy, limited construction, and a shift toward smaller deals defined the Eastside industrial market in the fourth quarter The Puget Sound Eastside...
48,000 Overlake Office Building in Redmond Sells for $20.8MM
Office property trades between Redmond- and Bellevue-based entities as local investment activity continues Office investment activity in Redmond continues to generate steady deal...
Intrinsic Ventures Lists 46,800 SQFT Dairy Building for $5MM in Portland’s Central Eastside
The adaptive reuse industrial and creative maker asset on 2.5 acres offers investors leasehold interest with redevelopment upside A gut-renovated industrial building in...
Fairfax Financial and CEO McMorrow to Take Kennedy Wilson Private in $1.65 Billion All-Cash Deal
The Beverly Hills-based real estate investment firm will delist from the NYSE after a management-led buyout backed by its longtime Canadian insurance partner....
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...
