Industry News
$11.1MM Loan Secured for 79-Unit Olympia Apartments
Thurston County’s apartment vacancy rate just hit its highest point in a decade, yet a lender was still willing to write a 30-year,...
42-Unit Bellewood Townhomes to Replace 1978 Office Park in Bellevue
A Northwest Bellevue office park built in 1978 has cleared a major hurdle toward becoming 42 townhomes, with the city’s director issuing approval...
Essex Property Trust Settles RealPage Rent-Algorithm Antitrust Case for $36.5MM
Essex Property Trust used its second-quarter earnings report to disclose it had fully resolved the closely watched antitrust claims tied to RealPage’s rent-setting...
Innovative Housing Opens 117-Home Garden Park Estates in Southeast Portland, Adding 54 Affordable Homes to Powellhurst-Gilbert
Innovative Housing, Inc. is set to celebrate the grand opening of Garden Park Estates, a $55.9 million redevelopment that replaced 62 aging apartments...
Davis Wright Tremaine Renews 112,000 SQFT Lease at BXP’s Madison Centre in Seattle
Long-Term Renewal in DWT’s Founding City SEATTLE – BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in...
Wright Runstad Sharpens 555-Unit Housing Plan at Bellevue’s Spring District With Clark Barnes Design
Wright Runstad has brought architect Clark Barnes onto its plan to build 555 market-rate apartments on parcels at Bellevue’s Spring District that were...
Rising Costs Squeeze Essex’s Seattle Apartment Income Even as Q2 Revenue Climbs 1.7%
Essex Property Trust’s Seattle-area apartments posted higher revenue but lower profit in the second quarter of 2026, as a double-digit jump in operating...
Fairfield Residential Files Plans for 210-Unit Apartment Redevelopment on Bellevue’s Northup Way
Fairfield Residential has moved to redevelop a low-slung, family-owned parcel near State Route 520 in Bellevue into 210 apartments, adding to a wave...
Unico Properties Puts 181,000 SQFT West Canal Yards Waterfront Campus in Seattle Up for Sale
Seven years after acquiring a weathered industrial parcel on the south bank of the Lake Washington Ship Canal, Unico Properties has hired CBRE...
Piping Rock Health Products Leases 91,000 SQFT from Summit Properties in Portland’s East Columbia Corridor
A New York vitamins and supplements company has taken 90,894 square feet at 19018 NE Portal Way in the East Columbia Corridor, the...
Ferguson Leases 117,000 SQFT in Ridgefield, the Portland Market’s Largest Industrial Deal of 2Q 2026
A single lease by plumbing and HVAC distributor Ferguson accounted for every square foot of leasing activity recorded in the Clark County Outlying...
Newmark Properties Buys 118,000 SQFT Swan Island Industrial Holding in Portland for $16.9MM
Newmark Properties has acquired a two-address, 118,280 square foot industrial holding on Portland’s Swan Island for $16.9 million, a bet on close-in, supply-constrained...
