Industry News
Seattle Ranks as Nation’s No. 3 AI Metro in Hubble Study as Tech Tenants Anchor Puget Sound Office Recovery
Hubble’s new ranking of the most AI-ready U.S. metros names Seattle the country’s third-strongest AI hub and the highest-scoring market outside the Bay...
Issaquah Pivots to Small-Scale Road Fixes, Sidelines $110MM I-90 Crossing in Six-Year Transportation Plan
Facing constrained revenue and resident pressure over congestion, Issaquah’s City Council approved a six-year transportation plan that elevates low-cost intersection and bridge fixes...
Velmeir Companies’ 82-Unit Arbory Begins Leasing in Seattle as Anchor Tenant PCC Community Markets Preps Fall Opening
Ten years after signing its lease and nine years after the project first surfaced in public filings, PCC Community Markets is finally weeks...
Self Enhancement Inc. and Community Development Partners Open 75-Unit Strong Empowerment Village in North Portland’s Humboldt Neighborhood
The $44 million Luther Strong Jr. and Dr. Jackie Strong Empowerment Village opens June 23 at North Alberta Street and Williams Avenue, delivering...
Stadium Authority and Building Trades Appeal Seattle Plan That Would Permanently Ban Housing in SoDo’s Stadium District
The public agency that oversees T-Mobile Park has joined Seattle’s construction unions to challenge a city subarea plan that would lock housing out...
MAG Capital Partners Acquires 57,000 SQFT Beverage Manufacturing Portfolio in Eugene, Ore.
Dallas-based MAG Capital Partners has completed a long-term sale leaseback with Great Frontier Holdings, acquiring a pair of adjacent industrial beverage manufacturing buildings...
Bellevue Drafts Plans to Convert Eastgate and Factoria’s Aging Office and Retail Cores into Walkable Mixed-Use Districts
Bellevue has published draft neighborhood area plans for Eastgate and Factoria that would steer two of the Eastside’s most car-dependent commercial submarkets toward...
Mercy Housing Northwest Opens 129-Unit Aviva Crossing in Tacoma After Nearly a Decade of Planning
A long-planned affordable family housing development on Tacoma’s west side has reached the finish line, with Mercy Housing Northwest and the Tacoma Housing...
Databricks Signs 160,000 SQFT Lease at Four106 in Downtown Bellevue
Databricks’ 160,000-square-foot commitment at Four106 joins Uber and Anthropic at the tower as the $134 billion AI company builds a Puget Sound footprint...
Jenkins Properties Secures $47MM Construction Loan for 137-Unit Roosevelt Manor in Seattle
A Greenwich, Connecticut-based alternative lender has made its Seattle debut with a $47 million construction loan for a transit-oriented apartment development in the...
C&A Development, Amazon Partner on 67-Unit Pointe at Thomas Affordable Housing Project in Seattle Backed by $18.1MM in Financing
A former Seattle Seahawk, a major technology company, and a nearly century-old credit union have joined forces to break ground on a 67-unit...
Construction Continues on Carmel Partners’ 573-Unit Overlake Village Mixed-Use Development in Redmond
A major transit-oriented apartment project is cresting the roofline in Redmond’s Overlake neighborhood, reaching its structural topping milestone at a moment when two...
