Finance
Labor Market Treads Water as Job Growth Stalls in Final Month of 2025
December payrolls rose just 50,000 while unemployment edged down to 4.4 percent, leaving Fed likely on hold for January meeting The U.S. labor...
Macy’s to Shutter 35,000 SQFT Furniture Clearance Center in Tukwila
Closure part of retailer’s plan to close 150 underperforming stores nationwide by 2026 Macy’s Inc. will shutter its Furniture Clearance Center in Tukwila...
Data Challenges Narrative on Institutional Investors and Homeownership Crisis
U.S. Lost 1.5 Million Single-Family Rentals as Individual Homebuyers Outcompeted Investors, Contradicting Claims About Institutional Impact on Affordability The heated debate over institutional...
NY State Pension Fund Taps Bridge Investment for $600MM Logistics Fund Targeting California and Pacific Northwest, Adds $181MM in Apartments
Pension fund establishes dedicated development vehicle while adding nearly $181 million in West Coast apartments to direct holdings The New York State Common...
Pacific Urban Investors Sells 206-Unit Terra at Hazel Dell in Vancouver, Wash.
1991-built property near Salmon Creek medical corridor was marketed alongside Haven at Golf Creek A 206-unit garden-style apartment community in Vancouver, Washington, has...
Portland Staffing Firm Boly:Welch Moves Downtown with New 6,000 SQFT Lease
Firm reduces footprint by 2,000 square feet but stays committed to downtown presence A prominent Portland staffing and recruiting firm is relocating within...
Consumer Prices Expected to Rise 0.35% in December After Data Collection Issues
Wells Fargo forecasts 2.7 percent year-over-year headline inflation, down from September peak despite monthly rebound The longest government shutdown in U.S. history created...
Seattle Condo Market Shows Divergence as High-Rises Gain 6.3% While Mid and Low-Rises Decline
Transaction volumes fall 5.4 percent to 839 sales as inventory tightens to 4.4 months, with all-cash deals rising to 32.2 percent of purchases...
Sagard Real Estate Buys 162,400 SQFT Industrial Portfolio in Auburn for $27MM
(Editor’s Note: According to King County public records, the sales price was $27 million, or about $166 per square foot.) AUBURN, WA –...
Clarion Partners Buys Multi-Building Industrial Park Totaling 184,000 SQFT in Kent for $34.8MM
Four-building campus in heart of Puget Sound industrial corridor trades at $189 per square foot An industrial campus has traded hands in Kent,...
Labor Market Treads Water as Job Openings Fall to 7.1 Million
The U.S. labor market showed continued signs of cooling in November, with job openings declining and workers increasingly reluctant to leave their positions,...
Equity Residential Sells 408-Unit Centennial Apartment Complex in Seattle for $132MM
JRK Property Holdings acquires Belltown towers from Equity Residential in dual-building transaction A two-building apartment complex in Seattle has traded hands in a...
