Industry News

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Verrus Proposes Oakline Data Center Campus in Salem’s Mill Creek Corporate Center

Verrus is pitching a three-building data center campus for a Heritage Oak-studded corner of Salem's Mill Creek Corporate Center, betting that a battery-backed,...

Qumulo Renews 43,000 SQFT at Seattle’s 1501 Fourth Avenue as the CBD Turns Positive for the First Time Since 2020

Data storage company Qumulo has renewed 43,000 square feet at 1501 Fourth Avenue in downtown Seattle, one of eight key office lease transactions...

MRM Capital Sells 34,000 SQFT Office Building in Kirkland for $15.8MM

MRM Capital, the Bellevue family office that invests on behalf of the Razore family, has closed out a six-year hold on a downtown...

Da Li Development Proposes 115-Unit Apartment Tower at Seattle’s Roosevelt Station

A vacant bank branch near Roosevelt Station becomes Da Li's next bet, as unit counts shift from 100 to 120 to 115 en...

The Truck Yard Grows Up: How Industrial Outdoor Storage Became Institutional Real Estate’s Hottest Bet

A decade after a favor for a friend in the crane business pulled Alterra Property Group into the fragmented world of truck yards...

Boys & Girls Clubs of Portland Lists 10,000 SQFT Regence Club in North Portland as Deficits Deepen

Facing a fifth consecutive year of operating losses and a shrinking donor base, the Boys & Girls Clubs of Portland Metropolitan Area has...

Port of Anacortes Seeks Hotel Developer to Anchor Cap Sante Marina Waterfront Redevelopment

The Port of Anacortes has launched a search for a hotel developer to build the first-ever waterfront lodging at Cap Sante Marina, the...

Puget Sound Retail Vacancy Holds Near Record Lows as Absorption Hits Six-Year High

Puget Sound retail landlords kept the upper hand through the first half of 2026 as tight vacancy, muted new construction, and the strongest...

Magnolia Medical Technologies Takes 10,000 SQFT at Queen Anne Square as Seattle Lab Vacancy Climbs to 19%

Magnolia Medical Technologies, the Seattle diagnostics company whose Steripath device reduces false-positive blood culture results in sepsis testing, has committed to 9,751 square...

Merlone Geier Markets Fully Permitted 323-Unit Overlake East Development Site in Redmond

Seven years after paying $41 million for a Redmond shopping center, Merlone Geier Partners has taken a permit-ready, 323-unit residential project near the...

Immunome Expands at Alloy Innovation Center with 13,000 SQFT in Bothell Ahead of FDA Decision

Oncology company Immunome has added 13,346 square feet at 11804 North Creek Parkway, expanding within the same Bothell campus where it established its...

Zimmer Biomet Leases Entire 11,000 SQFT Georgetown Works Building in Seattle

Medical device giant Zimmer Biomet has leased 11,329 square feet in Seattle, taking an entire freestanding flex building that had sat on the...