Industry News

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Hurley Development Sells 35,500 SQFT Union Station in Camas for $18.7MM

(Editor’s Note: According to public records, the seller is an entity affiliated with Hurley Development, which developed the property.) CAMAS, Wash. (Dec. 3,...

Prologis Sells 51,000 SQFT Warehouse in Algona for $15.5MM

By The Registry Staff The Puget Sound region continues to see sales transactions recorded in its industrial market. In one recent deal, Seoul...

Seattle’s Maritime Building Lands New Retail Tenants Totaling 24,700 SQFT As Waterfront Makeover Lifts Leasing Prospects

Seven tenants will occupy 24,710 square feet at the 114-year-old property, owned by STRS Ohio and managed by Unico Properties Seattle’s waterfront has...

New Hope Community Development Institute’s 92-Unit Housing Project Breaks Ground in Seattle’s Central District

Church-owned 71,000-square-foot, $54 million project will bring income-restricted units to the neighborhood Seattle’s Central District, long a focal point of debates around affordability...

Newmark Awarded Leasing Assignment for Martin Selig Real Estate’s 2MM SQFT Seattle Office Portfolio

Seattle, WA (December 1, 2025) — Martin Selig Real Estate (MSRE) has named Newmark as the exclusive leasing agent for MSRE’s distinguished 2.2...

Bellingham’s Barkley Village Breaks Ground on 142-Unit Apartment Complex as Urban Growth Accelerates

The Manning signals a new development phase for Whatcom County’s original urban village, backed by Goldman Sachs financing and expanded city incentives The...

McNellis on CMBS: “Commercial Mortgage BS”

By John McNellis This essay is taken from John’s forthcoming 3rd edition of Making it in Real Estate.  I was leaning against the bar...

Portland’s Julia West House Opens With 89 Units for Homeless Seniors and Recovery Programs

A 12-story downtown building aims to address rising homelessness among older adults with permanently supportive housing model Portland’s newest affordable housing development is...

Amazon Restarts Construction on 611,000 SQFT Bellevue Tower as Eastside Office Market Rebounds

Tech giant’s decision to resume work on the skyscraper signals confidence in suburban office strategy Amazon.com Inc. has filed permits to resume construction...

38,000 SQFT Historic Bellingham Waterfront Building Hits Market as Irish Developer Looks to Exit Troubled Project

The Granary Building sale marks the final chapter of Harcourt Developments’ contentious relationship with the Port of Bellingham The Granary Building, a renovated...

19-Unit Serpentine Apartments in Seattle Listed at $6MM With $106,000 Annual Rent-Growth Potential

Kidder Mathews markets 19-unit Spanish-Mediterranean property in Wallingford at $315,800 per unit Multifamily properties built before 1940 represent a shrinking share of Seattle’s...

Seattle Multifamily Market Slows but Holds Firm as Investors Spend $2.8B and Prices Climb 11.8%

Rents decline 0.3 percent while occupancy holds at 95.5 percent, with transaction activity approaching 2023 levels amid elevated construction pipeline Seattle’s multifamily market...

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