Industry News

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Downtown Seattle Hits 109,845 Residents and 317,000 Jobs as Urban Core Recovery Accelerates

The Downtown Seattle Association’s 2026 Economic Report and State of Downtown event show foot traffic, visitor counts, and public safety metrics improving across...

Abandoned 148-Unit Burnside Project Underscores Portland’s Worst Construction Drought in 15 Years

A developer’s decision to walk away from a five-story apartment complex on East Burnside Street reflects the financial headwinds stalling residential development citywide,...

CalPERS Deploys $3.95 Billion Across Eight Real Estate Partnerships in Latest Round of Commitments

The nation’s largest public pension fund reinforces its core-focused strategy with fresh capital targeting technology, industrial, multifamily and office assets. The California Public...

Seattle Ends Single-Family Zoning Citywide With Landmark Middle Housing Ordinances

Ordinances 127375 and 127376 allow up to 6 units per residential lot, overhauling development standards across all Neighborhood Residential zones. Seattle has officially...

TPG Angelo Gordon Lists for Sale 80-Unit Renovated Multifamily Property in Downtown Bellevue

The renovated multifamily property sits within walking distance of light rail and the Eastside’s largest tech employers An 80-unit multifamily property in downtown...

TJX Companies’ 74,000 SQFT Grocery-Anchored Clackamas Square in Happy Valley Brought to Market

The WinCo Foods shadow-anchored neighborhood center draws more than 3.4 million annual visits and projects a 6.3 percent five-year NOI compound annual growth...

Construction Begins on McCormick Village Retail Center in Port Orchard

Nearly 50 percent of the neighborhood retail village is already pre-leased as the McCormick community continues rapid growth PORT ORCHARD, Wash. (Mar. 11,...

Bay Club Records $5.8MM Purchase of 24,000 SQFT Arena Sports Facility in Issaquah

The KKR-backed fitness and lifestyle company’s real estate acquisition follows its November 2025 takeover of the Seattle-area indoor sports operator The Bay Club...

Existing Home Sales Post Modest February Rebound but Affordability Headwinds Persist

A pickup in single-family resales drove the monthly gain, though condo sales contracted for a second straight month and mortgage application data signals...

Atrium Court Grand Opening Brings 271 Affordable Homes and Community-Owned Retail to Seattle’s Othello Neighborhood

Transit-oriented development backed by Opportunity Zone equity, Amazon’s housing fund, and a 99-year affordability covenant opens steps from Othello Light Rail Station. Community...

Seattle Mayor Proposes $410MM Levy to Support Seattle Public Library

The $410 million package would provide essential supplementary library funding for books, building maintenance, all-ages programming, and technology infrastructure investments Today, Mayor Katie...

U.S. Consumer Spending Held Firm in January Despite Headline Retail Dip

Underlying U.S. consumer spending started 2026 on steadier ground than a top-line retail sales decline suggests, though early February data point to a...

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