Industry News

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IDI Logistics Spends $34.27MM to Buy Development Project, Pre-Leases 200,000 SQFT to Red Dot

(EDITOR’S NOTE: According to public records, IDI Logistics purchased the property in a deal that closed on March 23rd. IDI paid $34,273,128 for...

Swift Real Estate Partners Purchases 425 Pontius in Seattle’s South Lake Union for $39.5MM

(EDITOR’S NOTE: According to previous reporting by The Registry, the seller was an entity associated with Seattle-based Stephen Grey & Associates.) San Francisco,...

Report: Office-to-Logistics Conversions Unlikely to Meet Nationwide Industrial Demand 

By Catherine Sweeney  With rising demand for industrial product and a lack of undeveloped land, converting vacant office space into additional industrial product...

Seattle’s Multifamily Market 2021 Year in Review: Lee & Associates Report

By Jack Stubbs Heading into the second quarter of 2022, the multifamily market in Seattle looks poised to continue its upward trajectory, building...

Clarion Partners Spends $18.02MM to Buy RiverPoint Corporate Center in Tukwila, Wash.

By Meghan Hall New York-based Clarion Partners is continuing to wheel and deal in the Puget Sound suburb of Tukwila, Wash. After selling...

CREW Seattle 2022 Board of Directors Announced

Seattle, WA, MARCH 14, 2022 – CREW Seattle is pleased to announce its 2022 Board of Directors who will be working together to...

8-Acre Development Site Along I-5 in Fife Sells for $12.5MM

Seattle, Wash. (March 29, 2022) – Utility Trailer Sales of Washington purchased an 8.13-acre industrial site at 4707 20th Street East, directly along I-5...

Biden Administration Recommends Allocating $60MM to Seattle’s RapidRide J Line

If awarded, the City of Seattle will have secured all necessary funding to complete the RapidRide J Line project by 2026 Seattle – Today,...

Catholic Archdiocese of Seattle and St. James Cathedral Embrace Sustainability for First Hill Property Redevelopment

SEATTLE–Today, the Archdiocese of Seattle and St. James Cathedral announced plans to sell and redevelop four properties on First Hill with Westbank, a global developer recognized for its...

Toll Brothers Spends $40MM to Buy Kirkland Commercial Property

By Meghan Hall Two aging commercial properties in the suburb of Kirkland, Wash., could be repositioned into for-sale housing after being scooped up...

Six-Story Seattle Office Building Pitched by Vulcan Must Return for Additional Design Review

By Meghan Hall Designs for a new, six-story office project in Seattle’s South Lake Union neighborhood must come back for an additional early...

Jade Residences In Kirkland Closes 100th Home, Welcoming Homeowners As Residents In The Newly Completed Condominium

Record-Setting Sales Noted in First-of-its-Kind Condominium in Fifteen Years for Kirkland Submarket SEATTLE, March 28, 2022 — Terrene, the local development team responsible for...

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