Industry News
Port of Seattle Unveils 31-Project Blueprint to Expand SEA for 56 Million Passengers by 2032
The Port’s Draft Environmental Impact Statement opens public comment on a sweeping near-term expansion anchored by a second terminal and 19 new gates....
154,600 SQFT Meadowlark Industrial Center in Portland’s Sunset Corridor Trades for $30MM
Fully leased, Class A industrial asset totaling 154,646 square feet trades in one of the region’s most established advanced manufacturing submarkets Portland, Ore.,...
Wishcamper Opens 164-Unit Amity Orchards Affordable Community in Beaverton’s South Cooper Mountain
The $80MM multigenerational project, backed by $9MM from Metro’s voter-approved housing bond, is the second bond-funded community to open in the fast-growing area...
InCity Properties Lists 84-Unit Altura Apartments in Spokane at $12MM with 34% Renovation Upside
The 1972-built Riverside tower is being marketed as a value-add play with a 6.61 percent in-place cap rate and capacity to push rents...
AvalonBay and Equity Residential Forge $69B Apartment Titan in All-Stock Merger of Equals
The combination of the nation’s two largest multifamily REITs creates a 180,000-unit powerhouse with dominant positions in Los Angeles, New York and Greater...
Pacific Northwest Office Vacancy Eases to 16.79% as Tech Tenants Drive Q1 2026 Leasing Surge
OpenAI, Uber, Meta and General Motors anchored a quarter of large deals across Seattle and Bellevue as conversions thin the obsolete stock Leasing...
Seattle Lands Among Top Five Global AI Office Markets Despite Rising Vacancy
Tech tenants leased increasing volumes of Seattle office space in 2025 as AI demand pushed the metro into the top tier of global...
64-Unit Silverwood Park in Des Moines Trades for $10MM, Headed for Affordable Housing
A transit-adjacent apartment community near the Kent Des Moines light rail station has changed hands in a deal structured to preserve it as...
Palindrome Opens 121-Unit Vuela Affordable Housing Project Over Food Bank and Transit Hub in Wilsonville
The mixed-use development stacks 121 income-restricted apartments atop a food pantry, a SMART transit center and a community food hall, anchoring a public-private...
Seattle’s Deepest Housing Need Is Also Its Hardest to Build, Says Community Roots CEO
As King County’s 2026 income limits inch upward, the gap between minimum-wage earners and the units they can afford keeps widening. The math...
Amazon Lands as Tenant Behind 1.2MM SQFT Project Cascade Warehouse in Arlington
The e-commerce giant is set to occupy a Panattoni-developed operations facility straddling the Arlington-Marysville line, even as residents press officials over water and...
Skager Takes the Helm at Sterling Realty Organization in Generational Leadership Shift
The Bellevue commercial real estate firm elevates its operations chief to president as two longtime leaders step back from day-to-day command. Sterling Realty...
