Industry News
Trase Hunts for 100-Person Seattle-Area Office After $107MM Seed Round as AI Leasing Surges
Trase, a McLean, Virginia-based artificial intelligence startup with half its team already in the Puget Sound region, is searching for a Seattle-area office...
EQT Exeter Pays $28.8MM for 110,400 SQFT Everett Manufacturing Building
Buying occupied Everett manufacturing assets from what appears to be the same Miami-based seller family in the same month, EQT Exeter has added...
Harborview Moves on Six-Story Medical Office Building on $52MM Yesler Terrace Site in Seattle
King County and UW Medicine have begun the public review process for a six-story medical office building atop seven levels of below-grade parking...
Kraemer-Scarsella JV Lands $475MM Final Stage of SR 167 Expressway Connecting Puyallup to Port of Tacoma
A joint venture of Kraemer North America and Kent-based Scarsella Bros. is set to break ground in mid-July on the four-year, up-to-$475 million...
24,240 SQFT State-Leased DSHS Office in Moses Lake Trades for $7.23MM
In a Central Washington market where vacancy sits at 2.3 percent and Boeing, battery manufacturers, and the Port of Moses Lake are rewriting...
Holland Partner Group Completes Seattle’s First Post-Pandemic Office Conversion, 44 Units at the Ivey on Boren in Denny Triangle
Holland Partner Group completes Seattle’s first post-pandemic office-to-apartment conversion, 44 units at the Ivey on Boren in Denny Triangle.
Bridgepoint’s $1.39B Kayne Anderson Real Estate Buyout Hands a London Owner One of the West Coast’s Busiest Light-Industrial Buyers
A London-listed private markets firm has agreed to buy Kayne Anderson Real Estate for roughly $1.39 billion, putting a UK owner atop a...
Washington Leads Nation in Q1 GDP Growth at 4.5% on Tech Strength
Washington's economy expanded at a 4.5 percent annualized rate in the first quarter of 2026 — the fastest of any state — as...
Bank OZK Takes Back Chapter Buildings in Seattle’s University District in $130.3MM Transaction
A lender that bankrolled one of Seattle's most ambitious University District office projects took back the properties at $66 million less than the...
Goldman Cuts US Recession Odds to 15% as Oil Retreats, but Warns of Hawkish Fed and Stretched AI Valuations
Goldman Sachs has lowered its 12-month US recession probability to the long-term norm of 15 percent following a US-Iran agreement that pulled energy...
West Marine to Close Five Washington Stores in Chapter 11 Restructuring, From Bellingham to Spokane
West Marine will shutter five stores across Washington, from the Bellingham waterfront to Spokane's east side, as the bankrupt boating-supply chain executes the...
Gensler’s City Pulse 2026 Flags Downtown Portland’s Vibrancy Gap as Authenticity Holds Firm
Downtown Portland holds onto a strong sense of authenticity in Gensler's largest-ever global study of urban experience, but the city's core ranks among...
