Industry News

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Covington-Affiliated Entity Acquires Sahalee Golf & Country Club in Sammamish for $11MM

The 210-acre Sammamish golf course, one of the Seattle area’s most prestigious private clubs, changes hands following a member vote that drew near-unanimous...

Pacific Maritime Association Acquires 10,200 SQFT Tacoma Training Facility for $10.5MM

The sale consolidates ownership of the Pacific Northwest Training Center within Portside 55 East, a maritime-oriented development on Port of Tacoma ground-lease land...

Groundbreaking on Seattle Public Schools’ $225MM Aki Kurose Middle School Renovation Set for Summer

The two-year modernization and expansion project in the Hillman City neighborhood will demolish 25,000 square feet and add a new 65,000-square-foot classroom wing,...

Fusion Academy Leases 9,500-SQFT Suite at Bellevue’s Lincoln Plaza, Expanding Washington Footprint with Second Campus

Michigan-based private school chain becomes the latest educational institution to repurpose vacant Eastside office space amid rising private school enrollment and persistently elevated...

Wells Fargo Economists Signal Disinflation Progress Is Stalling as February CPI Looms

Rising energy costs, tariff pass-through, and sticky shelter inflation are expected to keep consumer prices advancing at a pace well above the Federal...

Portland Design Commission Unanimously Approves Master Plan for 29-Acre Lloyd Center Demolition and Mixed-Use Redevelopment

Owners envision more than 5,100 housing units, 457,000 square feet of retail, and a 2.3-acre urban park on the site of the Pacific...

Nicola Real Estate Sells 34,873-SQFT Studio 7500 Office Building in Redmond Town Center for $23MM

The transit-adjacent, net-leased property is fully occupied by a Volkswagen subsidiary and subleased to cybersecurity firm CrowdStrike, offering the new owner secured cash...

$10.2MM Permanent Refinance Secured for 92,400 SQFT Terminal Sales Office Building in Downtown Seattle

Historic Tower Located Near Pike Place Market in Accessible, Amenity Rich District; Refinance Reflects Insurance Company Lenders’ Improving Views on Office Underwriting Moving...

City of Bellevue Proposes 52,000 SQFT Parks Operations Facility in Bridle Trails

The three-building municipal project would replace aging structures and centralize parks maintenance operations near NE 55th Street and 140th Avenue NE In Bellevue,...

Wells Fargo Forecasts Modest Housing Recovery in 2026, but Affordability Remains at Historic Lows

A new Wells Fargo Economics report projects incremental gains in home sales and price appreciation, even as the national home price-to-income ratio remains...

Steel Peak Properties and Tarsadia Investments Target $500MM IOS Portfolio Across Western U.S.

The Encinitas-based firm, founded just two years ago by former brokers, has already acquired 11 properties and is now scaling rapidly with institutional...

LIHI’s $50MM Senior Housing Project Tops Out in North Seattle, Adding 90 Affordable Units to Bitter Lake

The seven-story Passive House development at 12245 Aurora Ave. N. marks the first phase of a two-phase affordable housing plan on the former...

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