Industry News
Seattle Investor Acquires 20,000 SQFT Georgetown Industrial Site for $7.5MM from FSA Real Estate in Seattle
The transaction prices the longtime Washington Lift Truck service yard at $375 per square foot of land, a premium that underscores investor appetite...
Narrow Stairs Acquires 35-Unit Queen View Apartments Portfolio in Seattle for $6.5MM from Elston Properties
The Santa Barbara-based buyer lands a century-old multifamily asset at $185,714 per unit, well below the Puget Sound average, in a deal that...
Maersk to Shutter 205,000 SQFT Lakewood Warehouse as Puget Sound Industrial Vacancy Hits Record High
The Danish shipping giant will lay off 44 workers on June 30, joining a wave of logistics retrenchment across a Pacific Northwest market...
161-Unit Belltown and Queen Anne Multifamily Portfolio in Seattle Hits the Market for Sale
The Sidney and Queen Anne Flats hit the market as investor appetite returns to Seattle’s urban core, with the combined offering carrying an...
PMF Investments Sells 35,000 SQFT Homeport Building and 118-Slip Marina Site in Kirkland for $46MM
The trophy Lake Washington waterfront asset cleared a complex disposition shaped by mixed product types, a below-market anchor lease and deferred maintenance —...
Bellevue Reopens Its Downtown Playbook as Eastside Office Market Pulls Tenants From Seattle
City Council initiates Downtown Livability 2.0, a rewrite of the 2017 land use code aimed at the next wave of high-rise development across...
Tacoma Council Sets May 19 Hearing on 2026 Zoning Overhaul as Home in Tacoma Pipeline Swells 62 Percent
City pushes deeper into middle-housing reform with amendments expanding special-needs housing zones, easing childcare rules, and queuing up annexation along McKinley Avenue East....
AEW Capital Management Sells 75-Bed Senior Living Facility in Seattle for $13MM
The Mercer Island-based operator expands its Puget Sound footprint with the purchase of a 75-bed senior living community in one of Seattle’s most...
Consolidated Supply Lands 276,000 SQFT Full-Building Lease at Trammell Crow’s Woodland Industrial Park
The fourth-generation plumbing distributor doubles down on the Pacific Northwest with a flagship I-5 distribution hub south of Portland. Consolidated Supply Co., the...
Auto Accessories Sells Century-Old 23,000 SQFT Capitol Hill Warehouse for $10.1MM in Seattle
The sale of the 1920-era Auto Accessories building on 13th Ave. closes a chapter on one of Capitol Hill’s last auto row holdouts...
Land Pro Group Files 94-Home Subdivision on 12.4 Acres in Lake Stevens
The Snohomish County developer’s White Property project advances through city review as Puget Sound inventory swells and small-lot suburban product pushes into a...
Equinix Rides AI Inference Wave to Record Q1 Sales as West Coast Capacity Tightens
The Redwood City data center giant booked its largest sales quarter ever as agentic AI workloads push enterprises off the public cloud and...
