Industry News

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Palindrome Opens 121-Unit Vuela Affordable Housing Project Over Food Bank and Transit Hub in Wilsonville

The mixed-use development stacks 121 income-restricted apartments atop a food pantry, a SMART transit center and a community food hall, anchoring a public-private...

Seattle’s Deepest Housing Need Is Also Its Hardest to Build, Says Community Roots CEO

As King County’s 2026 income limits inch upward, the gap between minimum-wage earners and the units they can afford keeps widening. The math...

Amazon Lands as Tenant Behind 1.2MM SQFT Project Cascade Warehouse in Arlington

The e-commerce giant is set to occupy a Panattoni-developed operations facility straddling the Arlington-Marysville line, even as residents press officials over water and...

Skager Takes the Helm at Sterling Realty Organization in Generational Leadership Shift

The Bellevue commercial real estate firm elevates its operations chief to president as two longtime leaders step back from day-to-day command. Sterling Realty...

Goodman Real Estate Lists for Sale 58-Unit Ellis Court in Seattle’s Belltown

The 1990-vintage waterfront-adjacent building carries a 4.31% interest-only Fannie Mae loan good through 2031 — a financing edge the listing leans on hard...

Visitors Flood Back to Downtown Seattle as Office Workforce Keeps Shrinking, April Figures Show

April data shows downtown topping pre-pandemic visitor and tourism levels even as worker foot traffic slides to 60 percent of 2019, exposing a...

CMS Leases 84,800 SQFT Warehouse at Tarragon-Owned Sumner Building

A transportation and warehousing firm has committed to one of the larger blocks of industrial space leased across Puget Sound in the first...

Nordstrom Rack Lands 25,000 SQFT Kennewick Store at Tri-Cities Center

The off-price retailer joins Burlington at the BPG Investments-owned plaza, anchoring a soft-goods repositioning in the Tri-Cities. Nordstrom Rack has leased 25,000 square...

Pacific Northwest Multifamily Absorption Sinks to Multi-Year Low as Investors Hunt for 2019-Era Pricing

Lee & Associates Q1 2026 report shows transaction volume rebounding even as demand cools, with a thin construction pipeline setting the stage for...

Crunch Fitness Clinches 42,000 SQFT Tacoma Lease at Tahoma Vista

The fitness chain backfills a vacated big-box space at the Rhino Investments-owned center, extending its expansion across Washington. Crunch Fitness has secured a...

Snelling Lands 104,000 SQFT Farm Specialty Property in Warden for $5.5MM

The single-tenant agricultural asset traded at $53.38 per square foot, a rare large-format deal in Grant County’s farm-driven economy. A 103,875-square-foot farm specialty...

TMR Investments Acquires 91-Unit VIVE Apartments in Seattle’s Ballard Neighborhood for $24.5MM

91-unit multifamily community expands firm’s growing Ballard portfolio and reinforces long-term investment strategy in high-performing urban submarkets (Editor’s Note: According to King County...

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