Industry News
Seattle Apartment Deliveries Plunge 53% in 2Q 2026 as Construction Pipeline Thins Into 2027
Seattle's multifamily developers delivered barely half the apartments they finished a year ago, and with only a handful of towers still racing toward...
64,000 SQFT Mottman Industrial Park Property Trades for $18.7MM in Tumwater
A repositioned 64,260-square-foot storage building at Tumwater's Mottman Industrial Park has changed hands for $18.7 million, the largest of four Thurston County industrial...
United Natural Foods Fills 136,000 SQFT at Auburn’s Valley Centre After 19 Months on Market
United Natural Foods has leased 135,975 square feet at the Valley Centre Building in Auburn, one of only two Southend industrial leases to...
Verizon Sheds 274 Company Stores to Franchisees, Reshaping Its Wireless Retail Footprint
Verizon's decision to hand 274 company-owned stores to franchise operators marks the second wave of a retail restructuring that is redrawing who controls...
Seattle Study Weighs Removing SR 99 Through South Park, Freeing 100 Acres for Housing and Parks
A city-commissioned study lays out four futures for a roughly three-mile stretch of State Route 99 in Seattle's South Park neighborhood, with the...
Bellevue Anchors Puget Sound Office Rebound as Regional Vacancy Climbs to 23.4% in Q2 2026
A widening split defined the Puget Sound office market in the second quarter of 2026, with Bellevue's AI-fueled leasing surge and a thinning...
BRIDGE Housing Acquires 108-Unit Latitude Apartments in Everett for $25.4MM with Plans to Convert All Units to Affordable Housing
(Editor's Note: According to Snohomish County public records, the sales price was $25.35 million, or about $234,700 per unit. The seller was an...
World Cup Drives More Than 3MM Visitors to Downtown Seattle Across Six Match Days, Lifting Transit and Hotel Demand
Downtown Seattle absorbed a surge of more than 3 million visitors during the six 2026 FIFA World Cup matches it hosted, a 17...
Dairy Queen Hunts Drive-Thru Pads in Arlington and Snohomish as Grill & Chill Push Reaches North Puget Sound
Dairy Queen has retained First Western Properties to scout drive-thru development pads and existing sites in Arlington and Snohomish, Washington, extending the chain's...
Plymouth Poultry Signs 72,000 SQFT Cold Storage Lease at Former Dreyer’s Plant in Kent
A scarce owner-operated freezer facility draws multiple bidders even as the surrounding Kent Valley industrial market sits at record-high vacancy, highlighting a growing...
Related Northwest, Clackamas County Break Ground on 164 Affordable Homes at Milwaukie’s Hillside Park
Related Northwest and the Housing Authority of Clackamas County will break ground July 23 on the next phase of the 14-acre Hillside Park...
American Capital Group Plans 378-Unit Apartment Project at Bellevue’s Brierwood Center Near Light Rail
American Capital Group's design-review filing turns a 1960s retail strip into the latest bet on Wilburton's transit-driven housing boom, joining more than 2,300...
