Industry News

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American Capital Group Wins Preliminary Approval for 322-Unit Bothell Apartments

A hot dog stand and an underused shopping center parking lot in Bothell’s North Creek district are giving way to an eight-story apartment...

Vanbarton Wins Approval to Convert Historic 2601 Elliott Avenue Into 260 Seattle Apartments

A distressed office tower that Zulily abandoned after its post-IPO struggles has won conditional city approval to become 260 apartments, giving Vanbarton Group’s...

Seattle’s 201 Queen Anne Office-to-Apartment Conversion Nears Completion

Seattle’s push to turn empty office towers into apartments is about to produce a tangible result, with a Queen Anne building set to...

Infiniti of Bellevue Dealership Hits Market as 360-Unit Wilburton Station Redevelopment Opportunity

The unpriced listing puts one of the last large parcels on Bellevue's shrinking Auto Row into play, testing developer appetite for high-rise housing...

Kroger Closes Tacoma Fred Meyer and Mill Creek QFC as Puget Sound Grocery Retreat Widens

Kroger has shuttered a Fred Meyer in Tacoma and a QFC in Mill Creek, the first two Puget Sound casualties of a national...

Portland Opens $216MM Seismic Washington Park Reservoir, Unveils Public Plaza After Decade-Long Rebuild

The Portland Water Bureau has opened its rebuilt Washington Park Reservoir to the public, capping a decade-long, $216 million effort to replace two...

Kilroy Realty CFO Jeffrey Kuehling Exits as Eliott Trencher Takes Interim Finance Helm

Kilroy Realty Corporation said Chief Financial Officer Jeffrey Kuehling is departing the Los Angeles-based office and life science REIT effective immediately, handing interim...

Seattle Leads Nation in Pending Home-Sales Drop as Tech Layoffs Rattle Buyers

Seattle recorded the nation's steepest drop in pending home sales in July as tech-sector layoffs and a median price near $810,000 pushed cautious...

Phoenix Property Files $25MM Plan for 150-Unit Ravenna Apartments in Seattle

Phoenix Property Company files plans for a six-story, 150-unit apartment building on Ravenna's restaurant row in Seattle.

TPG-Affiliated Buyer Pays $12.2MM for 5.71-Acre Fall City Land Site

An institutional housing platform has paid $12.2 million for a stretch of undeveloped land in the small unincorporated King County community of Fall...

James Beard Public Market Secures Construction Permit for 2027 Portland Opening

A construction permit from the City of Portland clears the James Beard Public Market to enter its next building phase, advancing a $35...

Outdoor Research Relocates Seattle HQ to 8,000 SQFT West Seattle Waterfront Office

Outdoor Research moves its Seattle HQ to a 7,916 SQFT West Seattle waterfront office, a sharp downsize from its former SoDo headquarters.

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