Industry News
Moderna Subleases 54,000 SQFT at Hudson Pacific Properties’ Hill7 in Seattle
By Kate Snyder An office tower north of Seattle’s downtown has gained a new tenant through a sublease. According to a recent report...
Report: U.S. Commercial Real Estate Faces Mounting Stress as Delinquency Rates Surge
By The Registry Staff The U.S. commercial real estate sector is grappling with ongoing challenges as the post-pandemic environment reshapes traditional business models....
Seattle Mayor Signs Legislation to Protect Land, Create 3,000 New Homes
Seattle – Today, Mayor Harrell joined City, Port, labor, housing partners and maritime and industrial business representatives to sign the Maritime and Industrial...
KB Home Buys Multiple Parcels of Vacant Land in Auburn for $11MM
By Kate Snyder More of the Puget Sound region’s vacant land has traded hands with a recent deal that involved several parcels in...
Report: Luxury Home Prices Post Double-Digit Drops in the Bay Area, Seattle
Luxury home prices in the Bay Area and Seattle fell between 10% and 13% in the second quarter, more than anywhere else in...
Turnbull Equity Buys 150,000 SQFT Self-Storage Portfolio in Crescent City, Calif., for $15MM
By Kate Snyder Near the edge of the California-Oregon border in Crescent City, a real estate equity firm acquired four self-storage properties, showing...
106-Room Quality Inn in Bellevue Listed for $14.5MM
By Kate Snyder With the listing of a hotel in Bellevue, the Puget Sound region’s hospitality market could soon see more sales activity....
The Rush Companies’ 95-Unit Proctor Flats in Tacoma is Now Open
The Rush Companies Newest Apartment Building in Proctor is Leasing Now July 25, 2023 (Tacoma, WA.)—The Rush Companies’ newest apartment building, Proctor Flats,...
Public Storage to Acquire Simply Self Storage from Blackstone in $2.2B Deal
GLENDALE, California and New York — Public Storage (NYSE:PSA) (the “Company”) and Blackstone Real Estate Income Trust, Inc. (“BREIT”) announced today an agreement...
Three-Building Office Campus in Portland Listed in Mid-$20MM Range
By Kate Snyder A three-building office campus with the potential for redevelopment in Portland has hit the market. The Crossing at First sits...
Diversified Healthcare Announces Filing of Definitive Proxy Materials, Recommends Shareholders Vote for Merger with Office Properties Income Trust
NEWTON, Mass. — Diversified Healthcare Trust (Nasdaq: DHC) today announced the filing of definitive proxy materials with the U.S. Securities and Exchange Commission...
Blackdog Properties Sells Self-Storage Property in Everett for $3.4MM
(Editor’s Note: Snohomish County property records show that the sale price was about $3.4 million, or approximately $174 per square foot.) SEATTLE –...