Industry News
Trammell Crow’s High Street Residential Acquires 56,000 SQFT Office Site in Bellevue for $34.2MM, Plans 351-Unit Apartment Development
The transit-oriented redevelopment site at 11040 Main Street sits directly across from a newly opened light rail station and has already received city...
Rising Oil Prices Cloud U.S. Growth Outlook as Labor Market Stalls, Analysts Warn
The bank’s March economic outlook trims consumer spending forecasts and raises inflation expectations amid the Iran-driven energy shock, while still projecting the expansion...
Mercer Wine Estates Acquires Four Brands from Woodinville’s Avallé, Completing Vine-to-Bottle Integration in Columbia Valley
Prosser-based multigenerational grower formalizes longstanding grape supply relationship by absorbing Matthews, Tenor, Jaine, and Single Barrel along with key winemaking and executive talent...
EDENS Lists 125,000 SQFT Lakeland Town Center in Auburn as Grocery-Anchored Retail Draws Institutional Capital
Fully leased center anchored by Haggen Northwest Fresh hits the market four years after EDENS’ inaugural Pacific Northwest acquisition, as the developer redirects...
Mayor Wilson and DSA’s Scholes Confront Dueling Realities at 2026 State of Downtown Seattle
The Downtown Seattle Association’s 2026 State of Downtown event reveals a city center pulled in two directions: a residential boom, declining crime, and...
MainStreet Property Group Scales Back Kirkland Tower, Advances 292-Unit The Witt Through Permitting in Totem Lake
The renamed mid-rise project swaps a 16-story concrete design for 8 stories of wood-frame construction, reflecting shifting economics and fading suburban office demand....
MSR Communities’ 266-Unit Shoreline 145th Takes Shape Near Light Rail as Station Area Approaches Housing Cap
The 7-story, 320,000-square-foot project is one of several large-scale transit-oriented developments transforming the former single-family neighborhood around the Shoreline South/148th Station. The wave...
Louisiana Teachers’ Retirement System Commits $125MM to Bell Partners Growth and Income Fund Targeting Core Plus Apartments Nationwide
The $27 billion pension fund’s latest real estate allocation will back a multifamily vehicle with a $1.5 billion target and plans to acquire...
Glencrest Group and Sky Alps Capital Acquire 155-Unit Cedar Square Apartments in Beaverton for $29.85MM
San Francisco-based multifamily investor marks its eighth Portland-area acquisition in a value-add play near Nike and Intel campuses A joint venture between Glencrest...
McMenamins Unveils Plan to Convert Historic 37,000 SQFT Taft Hotel Into 63-Room Boutique Hotel in Downtown Portland
The Pacific Northwest hospitality chain aims to link the 1907 building to the Crystal Ballroom via skybridge, creating an interconnected West End entertainment...
Carlyle and Alliance Residential Acquire Downtown Bellevue Office Property for $30.4MM, Plan 304-Unit Apartment Redevelopment
The joint venture will demolish the 1970-built 200 Building at 200 112th Avenue NE and construct a nine-story multifamily project that recently cleared...
Puget Sound Apartment Market Hits $6 Billion in Transaction Volume as Institutional Investors Return to the Region
The Simon | Anderson Multifamily Team at Kidder Mathews delivered its spring market outlook at its 26th investor forum, citing a surge in...
