Industry News
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...
Issaquah Retail Center Trades Hands for $14.5MM
By Meghan Hall An Issaquah retail center has traded hands as the sector continues to pick back up. In a deal that was...
Employers Reluctant to Adapt to a New Workplace Reality, Study Shows
Employees value privacy protections above all else in the workplace despite wanting tech-enabled operations SAN FRANCISCO, Feb. 15, 2022 — Density, Inc., the leading analytics platform...
Kent’s Central Flats Apartments Sells for $149MM to Bridge Investment Group
By Meghan Hall Another apartment complex has traded hands, adding to an already busy start to the year. In a deal that closed...
The Partners Group Opening 20,000 SQFT Office at Southport in Renton
Cushman & Wakefield reps tenant in deal at new mixed-use project on Lake Washington RENTON, Wash., – February 15, 2022 – Cushman & Wakefield announced the...