Industry News
Report: Sustainability, Flexible Space, Drives Occupancy in West Coast Office Markets
By Catherine Sweeney Across the globe, rental demand for office space is beginning to pick up, but some markets are showing higher levels...
Snohomish County Multifamily Sales Continue as Everett’s Eagle’s Landing Apartments Sells for $45.55MM
By Meghan Hall As the Puget Sound grows, investors are looking further outside of Seattle’s core to invest. In recent weeks, a number...
Community Roots Housing and Pinnacle Gear Up for Construction of 126-Unit Workforce Housing Project as Rental Rates Rise
By Meghan Hall The Puget Sound’s explosive growth has many positives, but it is also not without consequences. Like many other developing cities,...
61-Unit Marysville Apartment Community Trades for $15.5MM
Marysville, WA, 12/10/2021 – Top producing multifamily team at Westlake Associates, led by Tyler Smith, Joe Kinkopf, Steve Fischer, and Travis Kannier, have successfully...
McQueen Champagne Bar to Open at ‘The Schoolhouse District’ Project in Downtown Woodinville
Woodinville’s First ‘Bubbles-Only’ Bar to Feature Champagnes and Sparkling Wines from Around the Globe in Luxurious New ‘Wine Walk Row’ Space Woodinville, Wash. –...
Starwood Spends $329.7MM to Buy Puget Sound Multifamily Portfolio from Strata Equity Group
By Meghan Hall San Diego-based Strata Equity Group has sold off its Puget Sound multifamily portfolio, closing on a $329.703 million deal. In...
Alcoa Announces Closure of Wenatchee Smelter; Will Prepare for Redevelopment
PITTSBURGH–Alcoa Corporation (NYSE: AA) announced today the closure of 146,000 metric tons of aluminum smelting capacity at the Wenatchee Works aluminum smelter located...
Kennedy Wilson Global Debt Platform Crosses $2 Billion Milestone
Platform includes loans secured by high-quality real estate across the Western U.S. and Europe BEVERLY HILLS, Calif.–Global real estate investment company Kennedy Wilson (NYSE: KW)...
ASAP! Applauds City of Seattle’s Stewardship of Historic Masonry Buildings
Seattle, WA. – December 14, 2021 – The Alliance for Safety, Affordability and Preservation (ASAP!) today announced that the City of Seattle unanimously...
Report: North American Sublease Inventory Declines for First Time Since Pandemic Began
By Meghan Hall As the pandemic hit and companies shuttered their offices, many businesses made the decision to throw their space on the...
Marysville, Arlington, Wash., Commercial Properties $34.955MM
By Meghan Hall Two self-storage entities have struck a deal for two commercial properties in the Puget Sound. The deals, which closed on...
Port Of Everett Commission Selects LPC West To Develop Second, 10-Acre Phase Of Waterfront Place
Everett, Wash. – On Monday, Dec. 6, the Port of Everett Commission selected LPC West as the private development partner to build out the next phase...
