Industry News
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...
Reality Sports Foundation Files Plans to Convert Former Tacoma School Campus Into Multisport Training Center
Reality Sports Foundation has filed pre-construction documents to remake the shuttered Sound Christian Academy campus in South Tacoma into dedicated volleyball, wrestling and...
St. Regis Properties Secures $23.25MM Refinance for 105-Unit Align Apartments in Federal Way
St. Regis Properties tapped a life company correspondent lender instead of the debt funds that typically price bridge loans at this leverage, landing...
Ready Capital Lands $141MM C-PACE Loan From Peachtree Group to Recapitalize Ritz-Carlton Portland Tower
Ready Capital has closed a $141 million C-PACE loan from Peachtree Group to recapitalize Block 216, the 35-story downtown tower housing the Ritz-Carlton...
Lacey’s 54,000 SQFT Martin Way Business Park Trades for $9.1MM After Two-Week Bidding War
A Lacey flex-industrial park drew a bidding war and closed all-cash in under two weeks, a reminder that scarce, well-maintained South Sound product...
40-Unit Legacy Ridge Apartments in Tacoma Trades for $8.65MM
A brokerage team closed a Tacoma apartment sale within three days of winning the listing, before the property was ever formally brought to...
Essex Property Trust Sells 76-Unit Collins on Pine Apartments for $30MM in Seattle
Essex Property Trust closed out a 12-year hold on the 76-unit Capitol Hill property for barely more than it paid in 2014, even...
Port of Seattle Commits $1.1B to $2.5B Sea-Tac S Concourse Overhaul
The Port of Seattle Commission cleared the first $1.1 billion of a $2.5 billion plan to rebuild the airport’s oldest concourse from the...
Marpac Tapped to Build 65-Unit Milano Issaquah Apartments Near Costco HQ
Milano Issaquah Apartments is heading toward construction just as investor appetite for Issaquah multifamily assets shows signs of rebounding, positioning the 65-unit project...
Trinity Lutheran Church Lists 13,728 SQFT Historic Everett Building for $1.71MM
Facing the same pressures reshaping historic congregations across Puget Sound, Trinity Lutheran Church has listed its Bebb and Gould-designed Everett sanctuary for $1.71...
Perry Ellis Returns Jantzen Swimwear to Portland with 25,000 SQFT Lincoln Place Lease
Perry Ellis International’s swimwear division signed a long-term lease for 25,289 square feet at Schnitzer Properties’ Lincoln Place, moving the Jantzen brand from...
UNIQLO Brings Sixth Washington Store to Issaquah Commons on August 14
UNIQLO’s sixth Washington store opens inside Issaquah Commons on August 14, splitting a former Ross Dress for Less box with J. Crew in...
