Industry News

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Report: U.S. Rental Rates to Continue Increasing in 2022

By Catherine Sweeney  While it is only the beginning of 2022, multifamily rental rates are already seeing significant increases. According to a national...

Fivedot, Site Workshop, Celebrate Wenatchee’s Latino Community Culture through Kiwanis Methow Park’s Kiosko 

By Bekka Wiedenmeyer Kiwanis Methow Park is a 55,000 square foot park located in the City of Wenatchee, Washington. The park is comprised...

Podcast: Jim Carbone (CEO) & Connor Kidd (President) of Swig

The Swig Company is a privately owned real estate investor operator based in San Francisco with a venerable +80-year history of investment, development, partnership...

Drawbridge Realty Recapitalizes $1.7B Office Portfolio and Expands KKR Partnership with Long-term Funding from Global Atlantic

NEW YORK & SAN FRANCISCO – February 17, 2022 – KKR, a leading global investment firm, today announced that Global Atlantic Financial Group...

Seattle Vehicle Service Center to be Transformed into 45-Story Hotel and Multifamily Tower

By Meghan Hall  Plans are taking shape to transform an underutilized vehicle service center in Seattle’s Belltown neighborhood into a sleek, ultra skinny...

167,000 SQFT Northlake Commons Life Science Project in Seattle Breaks Ground

Construction is set to begin on Northlake Commons, a 167,000-square-foot development designed for technology and life sciences, adjacent to Dunn Lumber near Lake...

Real Estate Investors Are Buying a Record Share of U.S. Homes

Investors bought 18.4% of the U.S. homes that were purchased in the fourth quarter, worth a total of nearly $50 billion SEATTLE–(NASDAQ: RDFN)...

Report Shows Promising Future Ahead for Flex Space Sector

By Catherine Sweeney  Throughout the course of the COVID-19 pandemic, work environments have undergone drastic changes as many began working from home. Like...

Q&A: Miller Hull Launches New Sustainability Initiative, EMission Zero

By Catherine Sweeney  Miller Hull Partnership is continuing to expand its sustainability efforts, recently launching a new initiative to eliminate greenhouse gasses from...

In Partnership with Unico Properties, Sounders FC Reveals New Facility at Former Boeing Longacres Campus

(EDITOR’S NOTE: Unico acquired the asset at the end of 2021 for $100 million). In a landmark announcement, Seattle Sounders FC today revealed plans...

Prologis Announces Tim Arndt as New CFO

SAN FRANCISCO, Feb. 15, 2022 — Prologis (NYSE: PLD) today announced Tim Arndt will be the company’s new chief financial officer effective April 1, 2022. Arndt, who has...

Duke Realty Leases Entire 190,042 SQFT Spec Development at Sumner Logistics Center in Kent Valley

Rexel USA Expands Footprint with Lease of Distribution Center Near Ports of Seattle/Tacoma SEATTLE — February 3, 2022 — The Seattle office of...

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