Industry News
Kilroy’s Seattle Portfolio Holds Steady at 79.3% Occupancy as REIT Posts Best Q1 Leasing Since 2017
Puget Sound holdings outperform the broader Seattle office market as Eastside and AI-driven leasing activity reshapes the region; Kilroy lifts 2026 FFO guidance...
High Street Residential’s 369-Unit Apartment Complex at Cedar Hills Shopping Center Breaks Ground in Beaverton
Trammell Crow Company’s residential arm replaces underused parking at the aging retail center with three mid-rise buildings and ground-floor shops, betting that Portland’s...
Puget Sound Industrial Vacancy Climbs to 9.71% as Market Enters Period of Controlled Digestion
Cap rates rise, sales volumes contract, and tenants secure flexible deal structures as 7.39MM SQFT of new supply works through the system. The...
Pacific Northwest Industrial Pipeline Contracts to 4.79MM SQFT as Developers Pull Back
Construction starts have slowed sharply across the I-5 Corridor, but a heavy slate of Q2 and Q3 2026 deliveries will keep pressure on...
Pacific Forest Products Lands 85,000 SQFT Lease at Fortress-Owned 2005 Fryar Avenue in Sumner
The South Valley deal lands as Pierce County industrial vacancy climbs to 12.2 percent and landlords compete harder for occupancy. A wholesale forest...
Silfab Solar Anchors Washington Operations With 200,000 SQFT Lease at 1770 Port Drive in Burlington
North America’s largest private PV module manufacturer cements its Washington footprint as the I-5 Corridor industrial market works through a wave of new...
Seattle Coworking Footprint Climbs to 3.41MM SQFT, Holds 13th Spot Nationally
The Emerald City added six new flexible workspace locations in Q1 2026, lifting average space size above the national benchmark as meeting room...
Amazon Spends $220MM on Ashley Furniture’s 1.1MM SQFT Distribution Complex and Parcels in Spanaway
The e-commerce giant’s purchase of the purpose-built logistics campus ranks among Pierce County’s largest commercial real estate transactions and signals renewed appetite for...
D.R. Horton Cuts Forecast as Affordability Bites Into Q2 Margins
America Builder’s $7.6 billion quarter showed disciplined execution, but Northwest closings tumbled 19 percent and gross margins compressed under the weight of elevated...
In-N-Out Opens Second Washington Restaurant in Vancouver, Targeting Portland Metro Demand
The Snyder family’s privately held burger chain plants its flag in Clark County eight months after debuting in Ridgefield, signaling a deliberate fill-in...
The Geography of Want: Why Starbucks Can’t Drag Its People to Nashville
By Billy the Broker (I just want to stay anonymous) There’s an old joke about the Boston banker who, told he must relocate...
Park Hotels & Resorts Sells 396-Room Hilton Seattle Airport & Conference Center for $18MM
The full-service hotel, one of the largest conference-equipped properties near Seattle-Tacoma International Airport, traded at roughly $45,500 per key just weeks before Seattle...
