Industry News

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Seattle West Design Review Board Gives Support to Alexandria Real Estate’s 254-Unit Uptown Apartment Tower

Seattle’s West Design Review Board unanimously recommended approval of Alexandria Real Estate Equities and Washington Holdings’ plan to demolish a 1962 lab campus...

Development Site in Seattle’s Belltown Hits Market with Options Ranging From 140 to 353 Units

A Belltown block occupied by three aging office buildings is testing whether entitlements alone can move a Seattle development site to sale, with...

41-Unit Ellensburg Apartment Complex Trades for $4.5MM

A single-family owner’s plan to sell his 41-unit Campus Village Apartments took two and a half years and a rebuild from fire damage...

Mesirow Financial Fund Acquires 235-Unit Island Square Apartments for $157MM on Mercer Island

Mesirow Financial’s value-add multifamily fund found the discount-to-replacement-cost, barrier-to-entry market its investors were promised on an island that has spent decades limiting new...

JB Matteson Sells 134-Unit Langara Apartment Community for $55.1MM in Issaquah

CBRE arranged the sale of 134-unit apartment and townhome community Langara, a 134-unit garden-style apartment and townhome community called Langara in Issaquah has...

Vintage Housing Plans 262-Unit Conversion of 411,000 SQFT Former Microsoft Campus in Issaquah

Vintage Housing has filed plans to convert two vacant former Microsoft office buildings totaling 410,848 square feet in Issaquah into 262 affordable housing...

Port of Seattle Advances Terminal 91 West Berth Dredging to Ready Cruise Berths for 2027 Shore-Power Mandate

Port of Seattle issued a draft finding of non-significance for Terminal 91 West Berth maintenance dredging, clearing cruise berths for its 2027 shore-power...

Mayor Wilson Appoints Kelli Larsen as Director of Seattle Office of Housing

Mayor Katie B. Wilson has tapped a five-year veteran of the Seattle Office of Housing, Kelli Larsen, to run the agency and execute...

Portland Retail Vacancy Holds at 4.7% as Construction Deliveries Collapse 97%

Portland’s retail market posted a 92.12 percent surge in average sale price per square foot during the second quarter of 2026, but the...

Escapology Signs 4,100 SQFT Lease at Bellevue’s Lincoln Square for Third Puget Sound Location

Escapology, the largest U.S. escape room operator, will open its third Puget Sound location at Bellevue’s Lincoln Square in late 2026, taking a...

Demolition Begins on 438-Unit Affordable Housing Project Near Mount Baker Station

Demolition crews have started clearing the north parcel of Seattle’s long-planned Mount Baker Redevelopment Sites, marking the first visible construction activity on a...

Timberlane Partners’ $84MM Redevelopment Plan Would Replace Ballard Goodwill With 300 Apartments in Seattle

A pre-application land use filing with the Seattle Department of Construction and Inspections signals that the longtime Ballard Goodwill store could soon give...

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