Industry News
NMHC Rent Payment Tracker Finds 79.2 Percent of Apartment Households Paid Rent as of February 6
The NMHC Rent Payment Tracker is powered by Entrata, MRI Software, RealPage, ResMan and Yardi Washington, D.C. – The National Multifamily Housing Council (NMHC)’s Rent...
Gov. Inslee Recommends $14MM for Compass Health’s Broadway Campus Redevelopment in Everett
EVERETT, Wash.–Today, Compass Health announced that Washington State Governor Jay Inslee’s proposed 2021-22 capital budget includes $14 million in funding for phase two of the...
Senior Living Communities Continue to Trade as Welltower Buys Snohomish County Assets for $40.5MM
By Meghan Hall Senior housing communities across the region continue trade at a fast pace, with two major real estate investment trusts closing...
With Approvals in Hand, Kimco Can Begin Revamp of Bellevue Factoria Mall
By Meghan Hall Nearly eight years after buying out its investment partner, Kimco Realty Corporation has received the green light to redevelop Bellevue’s...
Mayor Durkan Signs Legislation Making Seattle’s Building Energy Code One of Strongest on Climate in the Nation
Updates to energy code would require all new commercial and large multifamily buildings to use clean electricity for space and water heating and maximize building efficiency and on...
Hudson Pacific CIO and EVP Resign to Form Own Company
LOS ANGELES–Hudson Pacific Properties, Inc. (“Hudson Pacific”) (NYSE: HPP) today announced that Chief Investment Officer Alexander Vouvalides and Executive Vice President Joshua Hatfield...
Podcast: David Greschler, Co-Founder & CEO of Nomad Go
David Greschler is the Co-Founder & CEO of Nomad Go, a company he founded in 2016 with an initial focus in the food-service and...
Review Board Approves Mixed-Use Building in Seattle after “Lengthy” Design Process
By Bekka Wiedenmeyer Seattle’s Queen Anne neighborhood represents one of the city’s many beacons of commercial activity, with an emphasis for small business...
PropTech: As Self-Storage Industry Surges, Neighbor Brings Gig Economy Potential to the CRE
By Meghan Hall Despite its growth in recent years, the self-storage industry has seen next to no innovation, even as proptech has infused...
Amazon Opens New Delivery Station in Everett, Washington; Signs Additional Leases in Puget Sound
Seattle–Amazon’s new delivery station in Everett, Washington is officially open for business. Associates were welcomed inside the state-of-the-art building to celebrate day one of...
After Decades in South Lake Union, Weber Thompson Moves to Sleek, Sustainable Office in Seattle’s Fremont Neighborhood
By Meghan Hall One of Seattle’s busiest architecture firms has departed its longtime home in South Lake Union in search of greener pastures—almost...
Duke Realty Buys Cubes at DuPont Industrial Park for $221MM
By Meghan Hall A major Pierce County industrial deal has flown under the radar for months after closing and has only recently been...