Industry News
Amazon-Backed Altaire Project Advances as SRM Development Plans 146-Unit Affordable Housing Community Near Mercer Slough in Bellevue
Phase II of the two-building development at 991 118th Ave SE targets households earning as low as 30 percent of Area Median Income,...
147-Unit Mountain Glen Townhome Community in Bend Trades for $25.5MM
The Q4 2025 transaction values the east Bend apartment community at approximately $173,469 per unit as investor interest in Oregon’s secondary markets continues...
Amazon Revealed as Developer Behind $5 Billion, 3.4 Million-SQFT Data Center Campus at Wallula Gap in Eastern Washington
The 16-building project on 554 acres of former farmland represents the largest private economic development effort in Walla Walla County’s history and would...
Heartland Markets 14-Acre Overlake Seritage Mixed-Use Development Site With 1.05MM Buildable SQFT in Redmond
Former Sears property near Microsoft’s global headquarters comes to market with approved development agreement, completed environmental review, and more than $21 million in...
Hearthstone and Redwood Housing Affiliate Acquires 60-Unit Elizabeth James House in Seattle for $13MM
The HUD-subsidized affordable housing building, restricted to elderly and disabled residents, trades at roughly $216,600 per unit as Seattle accelerates its affordable housing...
Stonewood Design Affiliate, Image Church Acquires 59,830 SQFT Wright Building in Bothell for $10.2MM
The high-flex property traded at roughly $170 per square foot, below its $10.77 million listing price, as the Puget Sound industrial market contends...
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...
