Industry News

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Hume Investments Sells 120-Unit Easthill Apartments in Kent for $19.2MM

The transaction recorded $160,000 per unit for a 120-unit apartment complex in Kent's East Hill neighborhood An Irvine-based national apartment operator has paid...

Puget Sound Office Leasing Reaches 4.6MM SQFT in First Half, Strongest Since 2019 as Availability Slides to 26.5%

The Seattle/Puget Sound office market posted 2.4 million square feet of leasing in the second quarter of 2026 and 4.6 million square feet...

Puget Sound Industrial Vacancy Climbs Across All Submarkets, But Deal Flow Signals Tenants Have Stopped Waiting

Vacancy rates rose across South Seattle, Greater King County and Pierce County in the latest 60-day reading of the Puget Sound industrial market,...

Holland Partner Group, NASH Top Out 45-Story, 442-Unit Sloane Tower at Former Elephant Car Wash Site in Seattle

Holland Partner Group and North America Sekisui House have completed structural work on Sloane, a 45-story apartment tower rising on the triangular Denny...

Tacoma Lands $7.6MM Federal BUILD Grant to Advance $263MM Fishing Wars Memorial Bridge Replacement

The City of Tacoma has secured a $7.6 million federal BUILD grant to fund environmental analysis and final design of a new Fishing...

Metro’s $652.8MM Housing Bond Delivers 5,379 Affordable Homes Across Portland Region, Blowing Past Original Target

Eight years after Portland-area voters approved a $652.8 million bond to confront a deepening housing crisis, Metro's 2025 annual report shows the measure...

Worldscape AI Leases 15,000 SQFT at The Offices at Riverpark in Redmond as AI Demand Powers Eastside Rebound

Worldscape AI, a recently funded Redmond startup building data infrastructure for artificial-intelligence systems, has leased 14,975 square feet at The Offices at Riverpark,...

Perkins Coie Signs New 14,000 SQFT Lease at Bellevue’s City Center Plaza, Deepening Eastside Footprint

One of Seattle's largest law firms is expanding its presence across Lake Washington, signing a new lease for 13,787 square feet at City...

Seattle Life Sciences Vacancy Spikes to 19% as Alexandria Converts Lab Site to Apartments and Astellas Exits Stem Cell Operation

Seattle's life sciences vacancy rate surged 540 basis points year over year to 19 percent in the second quarter as new lab space...

Seattle Buyer Acquires 75-Unit, 1924-Vintage Chandler Hall Apartments in Lower Queen Anne for $11MM

A Seattle-based buyer has acquired the 75-unit, 1924-vintage Chandler Hall Apartments at 119 West Roy Street in Lower Queen Anne for $11 million...

32-Unit Ballard Apartment Complex in Seattle Trades for $10.8MM

Great Northern Holdings Apartments LLC paid $10.8 million for the Ballard 32 Apartments at 1433 NW 64th Street in Seattle — a full-ask...

World Wide Technology Leases 16,000 SQFT at 929 Office Tower in Downtown Bellevue

Global technology solutions provider World Wide Technology has secured 15,687 square feet at Bellevue's 929 Office Tower, expanding its Eastside footprint in a...