Industry News
FunBox Signs Lease on Grady Way in Renton, Eyes Eight Additional Puget Sound Markets
The indoor bounce park franchise, which has grown to 34 signed franchisees nationally since 2018, is targeting communities across King, Pierce, and Snohomish...
Pacific Northwest’s 4,120 MW Data Center Footprint and Low Power Costs Position Region as a National Leader
JLL’s year-end 2025 report highlights the Seattle and Portland region’s power cost advantage and hyperscaler proximity as the broader data center sector faces...
Seattle’s U District Posts 37.4 Million Annual Visits as Housing, Transit, and Small Business Investment Accelerate
A new economic report from the U District Partnership documents record foot traffic, a 47 percent population surge since 2010, a 27 percent...
23-Unit Ella Robert Apartments on Queen Anne Hill Listed for $6.995MM
The 1928 brick apartment building on Seattle’s south slope of Queen Anne enters the market as investor activity across King County rebounds and...
AI’s Toll on Customer Service Signals Broader Workforce Reckoning as Tech Spending Reshapes Markets
New survey data shows customer support hiring has cratered by nearly two-thirds in two years, even as historical patterns suggest AI will ultimately...
Mercy Housing Northwest Breaks Ground on $55MM, 80-Unit Affordable Housing Development on Pacific Avenue in Tacoma
The five-story project in Tacoma’s Lincoln District will serve households earning below 60 percent of area median income and reserve 20 units for...
204-Unit Willamette Park Apartments in West Salem Trades for $46.3MM in Q4 2025
The transaction values the 2007-vintage community at approximately $226,961 per unit, marking one of the largest multifamily sales in Salem’s history. Willamette Park,...
Portland Multifamily Market Closes 2025 With Shrinking Pipeline, Improving Vacancy, and $1.76 Billion in Transactions
HFO’s Q4 Marketwatch report finds construction starts at decade-low levels, absorption outpacing deliveries, and institutional buyers re-engaging as the metro positions for a...
Firehouse Subs Targets 11 North Puget Sound Communities in Aggressive Pacific Northwest Push
The fast-casual sandwich brand, now exceeding 1,400 locations nationwide, is actively seeking sites across the Eastside, South King County, and Snohomish County as...
Supreme Court Tariff Ruling Injects Optimism Into South Sound Industrial Market as Vacancy Climbs to 9.8%
Lee & Associates brokers report rising tenant activity in early 2026 amid a structural shift toward Class B product and shorter lease terms...
Cushman & Wakefield Maps Four AI Scenarios for Commercial Real Estate, Warns of Widening Property Bifurcation
The firm’s new econometric framework and AI Impact Barometer offer occupiers and investors a data-driven lens on how artificial intelligence could reshape demand,...
Young Workers Bear the Brunt as Stanford Research Links Accelerating Job Declines to AI Exposure
New analysis from the “Canaries in the Coal Mine” research team finds that jobs most exposed to artificial intelligence are not the same...
