Industry News

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Federal Funding Advances Gateway to OMSI as Portland’s $1 Billion Central Eastside District Takes Shape

An $850,000 community project appropriation will rebuild two key intersections on SE Water Avenue, unlocking the next phase of the 24-acre OMSI District...

Stream Real Estate, JPI Plan 189-Unit Uptown Apartment Tower on Former Selig Parking Lot in Seattle

Seattle’s Stream Real Estate and Dallas-based JPI are partnering to develop a midrise multifamily project  Seattle-based Stream Real Estate and Dallas developer JPI...

DTG Enterprises Sells 4.7-Acre Redmond Recycling Site for $10.8MM

The property at 8504 192nd Ave. NE has now traded twice in roughly four years, with the latest deal representing a notable discount...

Tacoma School District Acquires 85,800 SQFT Metal Fabrication Facility for $12.1MM

The South Orchard Street industrial complex will support expanded educational programming for the district, funded through a voter-approved capital bond Tacoma School District...

CRE Capital Flows Rise in Q4 2025 as Commercial and Multifamily Originations Gain Momentum

Wells Fargo Economics says easing monetary policy is supporting broader lending activity across property types Capital is beginning to move more freely across...

Safran Renews 282,162 SQFT Industrial Lease at M&D Marysville Industrial Park in North Snohomish

The aerospace manufacturer’s renewal anchors a submarket that led the broader Eastside market in positive absorption for 2025 Safran renewed 282,162 square feet...

Confidential Tenant Renews 326,447 SQFT Industrial Lease at Centre 41-02 in Mukilteo

The renewal ranks among the largest industrial lease transactions on the Puget Sound Eastside in 2025, anchoring a submarket navigating rising vacancy and...

Bellevue Launches Sweeping 2026-2027 Land Use Workplan Targeting Thousands of New Housing Units

The City’s joint planning initiative spans more than 30 projects across zoning reform, neighborhood planning, and state mandate compliance as Bellevue pursues growth...

Puget Sound Eastside Industrial Vacancy Climbs to 7.4% as Absorption Turns Negative in 2025

Rising vacancy, limited construction, and a shift toward smaller deals defined the Eastside industrial market in the fourth quarter The Puget Sound Eastside...

48,000 Overlake Office Building in Redmond Sells for $20.8MM

Office property trades between Redmond- and Bellevue-based entities as local investment activity continues Office investment activity in Redmond continues to generate steady deal...

Intrinsic Ventures Lists 46,800 SQFT Dairy Building for $5MM in Portland’s Central Eastside

The adaptive reuse industrial and creative maker asset on 2.5 acres offers investors leasehold interest with redevelopment upside A gut-renovated industrial building in...

Existing Home Sales Drop 8.4% to 3.91MM in January as Mortgage Rates Hover Near 6.1%

Wells Fargo Economics says weather disruptions and lingering affordability pressures restrained early-year activity Housing market momentum cooled to start the year, as a...

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