Industry News
Public Storage and Welltower Forge Landmark Cross-Sector AI Partnership, Rewriting the REIT Playbook
The two S&P 500 REITs will cross-license proprietary data science models for capital allocation and operations, signaling a new era for technology-driven real...
Portland City Council Unanimously Approves Zoning Map Changes on 19 Nonprofit-Owned Sites to Accelerate Affordable Housing
The Affordable Housing Opportunities Project removes zoning barriers on properties owned by public agencies and nonprofit housing providers, arriving amid a sharp decline...
Space Needle LLC Selected to Redevelop Seattle Center’s Thomas Street Gateway into New Retail and Attractions Hub
Wright family-owned entity advances as sole qualified proposer for public-private partnership on the 74-acre campus’ busiest pedestrian corridor Seattle Center has selected Space...
Covington-Affiliated Entity Acquires Sahalee Golf & Country Club in Sammamish for $11MM
The 210-acre Sammamish golf course, one of the Seattle area’s most prestigious private clubs, changes hands following a member vote that drew near-unanimous...
Pacific Maritime Association Acquires 10,200 SQFT Tacoma Training Facility for $10.5MM
The sale consolidates ownership of the Pacific Northwest Training Center within Portside 55 East, a maritime-oriented development on Port of Tacoma ground-lease land...
Groundbreaking on Seattle Public Schools’ $225MM Aki Kurose Middle School Renovation Set for Summer
The two-year modernization and expansion project in the Hillman City neighborhood will demolish 25,000 square feet and add a new 65,000-square-foot classroom wing,...
Fusion Academy Leases 9,500-SQFT Suite at Bellevue’s Lincoln Plaza, Expanding Washington Footprint with Second Campus
Michigan-based private school chain becomes the latest educational institution to repurpose vacant Eastside office space amid rising private school enrollment and persistently elevated...
Wells Fargo Economists Signal Disinflation Progress Is Stalling as February CPI Looms
Rising energy costs, tariff pass-through, and sticky shelter inflation are expected to keep consumer prices advancing at a pace well above the Federal...
Portland Design Commission Unanimously Approves Master Plan for 29-Acre Lloyd Center Demolition and Mixed-Use Redevelopment
Owners envision more than 5,100 housing units, 457,000 square feet of retail, and a 2.3-acre urban park on the site of the Pacific...
Nicola Real Estate Sells 34,873-SQFT Studio 7500 Office Building in Redmond Town Center for $23MM
The transit-adjacent, net-leased property is fully occupied by a Volkswagen subsidiary and subleased to cybersecurity firm CrowdStrike, offering the new owner secured cash...
$10.2MM Permanent Refinance Secured for 92,400 SQFT Terminal Sales Office Building in Downtown Seattle
Historic Tower Located Near Pike Place Market in Accessible, Amenity Rich District; Refinance Reflects Insurance Company Lenders’ Improving Views on Office Underwriting Moving...
City of Bellevue Proposes 52,000 SQFT Parks Operations Facility in Bridle Trails
The three-building municipal project would replace aging structures and centralize parks maintenance operations near NE 55th Street and 140th Avenue NE In Bellevue,...
