Industry News

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Federal Reserve Cuts Rates to 3.5%–3.75% as Committee Signals Slower Pace of Easing Ahead

Central bank’s December quarter-point reduction draws three dissents as officials project the policy rate holding at 3.375 percent through 2026  The Federal Reserve...

Open House Westwood Sells 48-Unit Greenlake Terrace Apartments in Seattle for $16.5MM

Seattle, WA – December 10, 2025 – Cushman & Wakefield announced today that the firm has arranged the sale of Greenlake Terrace Apartments,...

Park Hotels to Shed 850-Room DoubleTree Hotel Seattle Airport in Strategic Portfolio Overhaul

REIT exits DoubleTree amid ground lease expiration, broader push to divest underperforming assets Park Hotels & Resorts is walking away from its 850-room...

SaltWorks Locks in 84,000 SQFT Long-Term Woodinville Lease with Terreno Realty as Seattle Industrial Market Tightens

Terreno Realty secures early renewal through 2033 as demand for distribution space intensifies across Puget Sound region Terreno Realty Corporation has locked in...

Goodman Real Estate Sells 142-Unit Pacific Walk Townhomes in Lakewood for $21.5MM

(Editor’s Note: According to Pierce County public records, the seller was an entity affiliated with Goodman Real Estate, and the buyer was a...

Yellow Bee Market & Café to Open New 4,500 SQFT Location at TRAXX Apartments in Mountlake Terrace

Seattle, Wash. (December 9, 2025) – Yellow Bee Market & Café has leased 4,500 square feet at TRAXX Apartments in Mountlake Terrace, Washington,...

Kidder Mathews Selected to Lead Leasing for 1.15MM SQFT Big Pink in Portland

Portland, Oreg. (December 9, 2025) – Kidder Mathews has been selected to lead leasing for Portland’s iconic “Big Pink,” as new ownership embarks...

TMR Investments Acquires 34-Unit Multifamily Property in Seattle for $14.7MM

Remi Apartments sold at $432,300 per unit, 17 percent below 2018 purchase price The Seattle multifamily market is seeing transaction activity as investors...

Rush Companies Files for 146-Unit Apartment Tower in Tacoma’s Stadium District

Gig Harbor developer’s $34 million project targets transit corridor near Wright Park with 157,000-square-foot building The Stadium District’s transformation from low-rise commercial to...

Shorenstein CEO Sees ‘Generational Buying Opportunity’ in Office Market Recovery

Office Real Estate Stages a Comeback as Investors Return to Once-Shunned Sector After years of distress, the commercial office market is showing signs...

Wyckoff Family Announces Acquisition of Ste. Michelle Wine Estates in Washington

The Wyckoff Family, a third-generation family owner of agribusiness companies based in the Yakima Valley of Eastern Washington, announced today they have acquired...

Seattle Condo Market Shows 2.9% Price Decline as High-Rise Values Buck Trend with 6.8% Gain

Tower properties command $972 per square foot while mid-rise and low-rise buildings experience year-over-year decreases Seattle’s condominium market demonstrates significant variation in performance...

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