Industry News
Report: Economic Fundamentals, Decreased Construction, to Aid in Retail Market Recovery
By Meghan Hall In comparison to the rest of the nation, Puget Sound’s retail market has held relatively stable over the past year...
Mill Creek Residential Spends $16.9MM on Northgate Nursing Facility Following City’s Approval of 400-Unit Residential Project
By Vladimir Bosanac Following the March 2021 approval from Seattle’s Design Review Board for a proposed residential development at Northgate Mall, Mill Creek acquired...
Daniels Real Estate Opens Sales Gallery for Graystone Condominium Development
60% of the Introductory Release of Homes Already Reserved Only Seattle Condominium Tower to Open in 2023 Seattle, WA. – October 3, 2021 –...
103-Unit Portland Multifamily Asset Trades for $44MM
JLL Capital Markets closed the sale of garden-style Misty Ridge in Happy Valley PORTLAND, ORE. – Nov. 3, 2021 – JLL Capital Markets announced today...
BRIDGE Housing Names Kenneth T. Lombard President & CEO
The BRIDGE Housing Board of Directors has named Kenneth T. Lombard the new President and CEO of BRIDGE, effective November 15, 2021. BRIDGE is a...
Report: Puget Sound Industrial Market Records Another Record Quarter of Absorption
By Meghan Hall The Puget Sound’s industrial market is showing no signs of slowing down and has had another breaking quarter, according to...
Interstate Equities Purchases 106-Unit Apartment Building in Mountlake Terrace for $30.8MM
By Catherine Sweeney Multifamily properties have been a valuable asset to many investors in the Pacific Northwest, with numerous transactions in the sector...
King County Acquires 80-Unit Affordable Housing Development for $32MM as Part of Healthy Housing Initiative
By Catherine Sweeney In an effort to support its unhoused population, King County is purchasing hotels, motels and apartment buildings to turn into...
131-Unit Project Pitched for Seattle’s Eastlake Neighborhood Moved Forward to MUP Application
By Meghan Hall The project team behind a 131-unit residential project in Seattle’s up-and-coming Eastlake neighborhood has received the go-ahead from the East...
Dermody Properties Spends $62MM on Kent Logistics Facility
By Vladimir Bosanac The industrial market across the Puget Sound region is experiencing one of its strongest runs in recent history, and national...
Bay Area-Based Green Leaf Capital Partners Spends $51MM on TRAD Apartments in Shoreline
By Vladimir Bosanac There seems to be an insatiable demand for multifamily properties across the greater Puget Sound, and West Coast investors continue...
Oregon Pension Fund Runs up Industrial Portfolio with Three New Commitments Totaling $750MM
By Jon Peterson The industrial market across the country continues to draw institutional investment dollars. In another example of the industry’s appeal, Salem-based Oregon...
