Industry News

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Mortenson’s Portland Chief Presses Case for Public-Private Deals as $573MM Moda Center Package Stalls

Mortenson Vice President and General Manager Mike Clifford, whose firm built two of the region's marquee public-private projects, argued in a Portland Business...

Portland Parks Files Zoning Review for Slabtown Park, 15 Years After Conway Master Plan Promised It

Portland Parks & Recreation has submitted a request for a zoning and informational meeting on a park at Northwest 20th Avenue and Pettygrove...

Escalante Golf Acquires Tumble Creek Private Golf Community and 330 Homesites From Suncadia in Cle Elum

Washington's most decorated private golf community has changed hands, with Fort Worth-based Escalante Golf taking control of Tumble Creek, its clubhouse and roughly...

Tubman Health Center Clears Seattle MUP, Lands Lydig for 26,000 SQFT, $42MM Rainier Beach Clinic as Campaign Hits 80 Percent

The Tubman Center for Health & Freedom has cleared the City of Seattle's land-use review for its 26,000-square-foot Rainier Beach clinic, named Lydig...

Dell Technologies Renews 46,472 SQFT at Seattle’s 505 First Avenue South, Two Years After Shedding Space

Dell Technologies has renewed its 46,472-square-foot lease at 505 First Avenue South in Seattle's Pioneer Square/SoDo submarket, a decision that reverses the direction...

Onelin Capital Has Spent $60MM Assembling 1,134 U District Units in Seattle Without Filing a Single Demolition Permit

Over five years, a Seattle affiliate of a Chinese investment conglomerate has quietly become the University District's largest land assembler, entitling more than...

MedCore Partners Acquires 147-Unit Lodge at Mallard’s Landing Senior Living Community in Gig Harbor for $73MM 

A Dallas-based healthcare real estate investor has paid $73 million for one of Gig Harbor's most recognized senior living communities, acquiring a 124-unit...

Khosla-Led Group Buys Super Bowl Champion Seahawks for Record $9.61B, Highest Price in NFL History

A venture-capital family led by Silicon Valley billionaire Vinod Khosla has agreed to buy the reigning Super Bowl champion Seattle Seahawks for a...

BKM Capital Partners Acquires Multi-Tenant Industrial Portfolio in Kent and Tukwila for $85.7MM

Newport Beach-based BKM Capital Partners deepens its decade-long bet on South King County's industrial corridor, snapping up multiple buildings and vacant land from...

Stripe Doubles Down on Downtown Seattle with 44,500 SQFT Expansion at Madison Centre

Payment-processing giant Stripe has expanded its downtown Seattle presence at Madison Centre with an additional 44,508 square feet, roughly doubling a footprint it...

Salesforce’s Tableau Renews 114,000 SQFT Lease at Fremont’s DATA 1 Building in Seattle

Salesforce-owned Tableau has renewed its lease for 114,318 square feet at the DATA 1 building in Seattle's Fremont neighborhood, one of the largest...

Seattle Office Availability Eases to 32.1% in Q2 2026 as Big Tech and AI Leases Anchor Downtown

Seattle's battered office market posted its first meaningful improvement in availability in several quarters, as a burst of large technology and professional-services leases...