Industry News
AI-Powered Construction Startup Unlimited Industries Secures $12MM to Tackle America’s Infrastructure Challenge
Unlimited Industries has emerged from stealth with $12 million in seed funding to address what it describes as a persistent problem in American...
224,000 SQFT Historic Commonwealth Building in Portland Sells for $6.5MM, 57% Below Assessed Value
A 224,122-square-foot office tower at 421 SW 6th Ave. in downtown Portland has sold for $6.5 million, according to Multnomah County public records....
29,500 SQFT Winery Building Listed for $12MM in Seattle as House of Smith Unlocks Equity for Global Expansion
Charles Smith’s Jet City Winery facility, a former Dr. Pepper plant in Seattle, hits market through Newmark and Meriwether Advisors The Seattle building...
Silicon Valley Bank Takes 4,600 SQFT at 11W in Downtown Portland
Long-term lease adds momentum to West End office building as Central Business District vacancy reaches 36.3 percent Office leasing decisions in downtown Portland...
Seattle Approves $64MM Creek Restoration Land Deal Despite Community Concerns
City committee greenlights utility’s acquisition of historic Laurelhurst property to comply with fish passage requirements Seattle’s Parks, Public Utilities & Technology Committee voted...
Boeing Acquires 319,000 SQFT Flex Building in Everett for $54MM
A significant industrial site in Everett has traded hands. According to Snohomish County public records, The Boeing Company, based in Berkeley, Missouri, purchased...
Timberlane Partners, PCCP Acquire 532-Unit Jackson Apartments in Seattle for $173MM
Seattle continues to draw multifamily investors to its offerings. In a recent deal, Timberlane Partners, one of the Pacific Northwest’s most active multifamily...
Ardagh Glass Sells 13-Acre Industrial Site with 27,300 SQFT Building in Seattle for $23MM
A large industrial property in Seattle’s Georgetown neighborhood has changed hands. According to King County public records, an entity affiliated with Green Dock...
First AME Zion Church Secures $3M Grant for 44-Unit North Portland Affordable Housing Project
Oregon’s oldest Black church is embarking on an ambitious redevelopment project that will replace its North Portland sanctuary with a 44-unit affordable housing...
Isola Communities Sells 67,000 SQFT Renton Office Building for $11.5MM in South King County Government-Leased Asset Deal
Isola Communities-affiliated entity sells DSHS facility to local buyer at $171 per square foot Government-leased office properties in South King County are attracting...
PGIM, Interstate Equities Buys 100-Unit Apartment Complex in Seattle’s South Lake Union for $32.5MM
Seattle’s South Lake Union continues to draw multifamily investors. According to King County public records, an entity affiliated with Interstate Equities Corp. and...
U.S. Existing Home Sales Edge Up 0.5 percent in November to 4.13MM Units
Third consecutive monthly gain reflects lower mortgage rates and improved supply conditions The housing market’s gradual recovery continues as buyers respond to more...
