Industry News
High Street Residential Sells 139-Unit Mid-Rise Multifamily Community in Seattle for $59.25MM
The sale is the highest price per square foot for a market-rate mid-rise multifamily property outside of Lake Union since 2022 Seattle –...
Seattle Retail Market Holds Steady in Q1 2026 as Vacancy Creeps Higher and Tenants Grow More Selective
Stable rents and disciplined construction are keeping Puget Sound retail fundamentals intact, but negative net absorption and cautious leasing point to a market...
BRIDGE Housing Opens 84-Unit St. Luke’s Apartments, Bringing First Affordable Housing to Seattle’s Ballard in Over Two Decades
The eight-story community, developed on land owned by the Episcopal Diocese of Olympia, will serve households earning up to 60 percent of Area...
Swickard Group and Melvin Mark Investors Acquire Portland’s 200 Market Building for ~$70MM
The off-market acquisition resolves a turbulent chapter for the downtown Portland office tower, which faced a $63 million foreclosure lawsuit from MetLife last...
Carmel Partners Closes Fund 9 at $1.35 Billion
SAN FRANCISCO, April 7, 2026 – Carmel Partners (“Carmel”) announced today the final close of Carmel Partners Investment Fund 9, its U.S. multifamily real estate value...
Skanska Lands $99MM Contract to Build Issaquah School District’s 85,000 SQFT Fourth High School Campus
After a decade of planning, funding setbacks and legal challenges, construction begins this month on an 85,000 SQFT campus projected to cost $168...
SheWorks to Open First Location with 5,600 SQFT of Coworking Space in Tacoma’s Historic Old City Hall Building
April 6, 2025 (Tacoma, WA) – Lee & Associates is pleased to announce that SheWorks, an innovative workspace and childcare community designed for...
March’s Jobs Report and the Art of Misdirection
Behind the rosy March employment headline, a quiet exodus: nearly 400,000 Americans gave up on the job market in a single month. By...
Washington’s Parking Reform Law Forces Developers to Rethink How They Build — and Where They Park
Senate Bill 5184 caps parking mandates statewide, but market demand for car storage is pushing multifamily builders toward creative solutions that shrink the...
Emerald Communities Plans $110MM, 54-Unit Expansion of Senior Living Campus in Gig Harbor
Not-for-profit operator reports 90 percent of 54 new independent living units already pre-sold ahead of anticipated July groundbreaking Emerald Communities, the Redmond-based not-for-profit...
InSite Property Group Acquires 114,000 SQFT StorQuest Self Storage in Seattle for $16.3MM
The acquisition marks InSite’s third self-storage purchase in the South King County submarket in recent months as the firm continues to consolidate its...
Welltower Sells 124-Bed Birch Creek Post Acute & Rehabilitation in Tacoma for $11.9MM
The disposition of the 43,248-square-foot skilled nursing facility in Pierce County aligns with Welltower’s broader strategy to shed post-acute assets and redeploy capital...
