Industry News
Russell Wilson’s & Ciara’s Retail Business Starting to Wind Down Across Puget Sound
By The Registry Staff The House of LR&C, the retail brand co-founded by Russell Wilson and Ciara, has decided to downsize its brick-and-mortar...
Diversified Healthcare Trust Announces It May Not Continue as Going Concern Following $450MM Default of Credit Facility
Appraised Value of Collateral Properties Declined by 22; Working with Lenders to Obtain Waiver Through September 30th; Merger with OPI is Best Alternative...
Family-Owned 97-Room Hotel in Arlington Traded for $13MM
By Kate Snyder The Puget Sound area has seen another hotel trade hands, this time in Arlington, in a sign that investors continue...
CNBC: Big Box Retailers Continue to Thirive According to Agree Realty CEO
Agree Realty’s Joey Agree joins ‘The Exchange’ to discuss retail brands benefiting from consumer trade downs, opportunities in commercial real estate, and the...
Six Acres of Vacant Land in Renton Purchased by Blue Fern Development for $10.3MM
By Kate Snyder Several parcels of vacant land in Renton have been bought up by a development firm based in the Puget Sound...
Dawn Food Products to Close Manufacturing Facility in Seattle, 415-Unit Residential Tower Planned for Site
By The Registry Staff A manufacturing center in Seattle will close its doors. Dawn Food Products Inc., a commercial bakery based in Michigan,...
Vida Coworking to Open its Second Location in Portland Area
By The Registry Staff Vida, a boutique coworking space provider based in Portland, is extending its presence beyond the city limits. On August...
$150MM New Rhodes Lake Road East Corridor Project Breaks Ground at Tehaleh Community in East Pierce County
BONNEY LAKE, WA (July 6, 2023) – More than a quarter of a century in the making, construction has begun on the four-lane,...
Here Is Where the Largest CMBS Exposures Lie Across Major US Metropolitan Markets
By The Registry Staff The commercial real estate sector is facing growing concerns over mounting debt as it grapples with higher interest rates,...
New US Subsidiary IPB Properties launches from Canadian Real Estate Development Firm Bosa Properties
Seattle, WA (June 30, 2023) – Today, Bosa Properties Inc. (“BPI”), an integrated Canadian real estate company with 35 years of trusted experience,...
Shiraz Management Buys 25-Unit Apartment Building in Seattle for $11.9MM
By Kate Snyder Seattle continues to record sales transactions in the city’s multifamily market. Recently, an apartment complex on the city’s west end...
Report: Puget Sound’s Eastside Commercial Market Continues Downward Spiral, Data Shows Some Reasons for Optimism
By Kate Snyder The second quarter was a mixed bag for the Puget Sound region’s Eastside office market, according to a newly released...