Finance
Essex Property Trust Reports 3.1% Revenue Growth in Seattle Metro as Supply Pressures Ease
West Coast apartment REIT posts solid Pacific Northwest results despite regional occupancy dip, projects strengthening market conditions ahead Essex Property Trust’s Seattle metro...
After 106 Years, Eddie Bauer’s Retail Exit Signals End of an Era for Mall-Based Outdoor Apparel
The Seattle outdoor brand’s third bankruptcy in two decades exposes the fragility of mid-tier retail as Catalyst Brands shutters 200 stores while pivoting...
Life Time Fitness Buys 143,000 SQFT Former Fred Meyer in Redmond for $32MM
Redmond’s Vacant Fred Meyer Finds New Owner in Fitness Industry A Fred Meyer property in Redmond that closed last year has traded hands....
Intercontinental Real Estate Corporation Sells 228,000 SQFT 222 Fifth Life Science Property in Seattle for $50MM
Former Phoenix Suns owner’s affiliate purchases 222 Fifth, a 228,000-square-foot biotech hub in South Lake Union housing early-stage startup incubator A large life...
32-Unit Heather Court Apartment Property Listed at $5.25MM in Tacoma
Value-add Tacoma multifamily offering targets rent growth and renovation upside outside city regulations As investors continue to weigh where rent growth and operational...
96-Unit Gayteway at Hawks Prairie in Lacey Markets to Investors as Regional Supply Tightens
2022-vintage property targets institutional buyers as Seattle metro construction deliveries decline 33 percent and vacancy holds steady at 7.4 percent A 96-unit multifamily...
27-Unit Stateside Flats Listed for $4.9MM as Olympia Multifamily Draws Investor Focus
Residential property near downtown offers in-place income with rent growth potential As Washington’s capital continues to benefit from steady government employment and population...
Felton Properties Acquires 435,000 SQFT Lynnwood Medical Office Building for $48.5MM
Six-story Class A asset changes hands as Westport Capital Partners continues Pacific Northwest divestment A Class A office building in Lynnwood has traded...
City Of Seattle Invests In 12 Organizations to Support Projects Led by Communities Affected by Climate Change
Seattle, WA — Seattle’s Environmental Justice (EJ) Fund today announced grants to 12 organizations to support programs covering climate change adaptation, education, youth...
Seattle Seahawks to Hit the Market After Super Bowl LX
Paul Allen’s Estate to Sell NFL Franchise in What Could Be Record $7-8 Billion Deal The Seattle Seahawks will be put up for...
Seattle Advances Phase Two of Comprehensive Zoning Overhaul to Address Housing Shortage
Mayor Wilson’s proposal enables multifamily housing in 30 new neighborhood centers and transit corridors as city tackles affordability crisis Seattle Mayor Katie B....
TriMet to Acquire Former Greyhound Terminal in Portland for $7MM with Plans for Bus Layover Facility
Portland transit agency scores deal on property that was once under contract for $35 million TriMet is moving forward with plans to purchase...
