Industry News
Tacoma Arts Live to Sell Historic 61,000 SQFT Tacoma Armory as 47-Year-Old Nonprofit Winds Down
Post-pandemic ticket revenue shortfall and $3 million debt burden force closure of South Sound cultural anchor; board seeks listing agent by end of...
Ryan Companies Acquires 76,000 SQFT Office Building in Seattle for $13MM with Plans for 199-Unit Apartment Complex
Court-ordered sale of 425 Pontius marks a 67 percent loss from 2022 purchase price as Swift Real Estate Partners exits failed value-add play...
Downtown Seattle Office Vacancy Hits 35.6% in Q4 2025 as Net Absorption Stays Negative 2.3MSQFT
Cushman & Wakefield reports rents at $47.62 per square foot, $138 million in sales volume and a surge in renewals despite elevated vacancy...
U.S. Payrolls Rise 130,000 in January as Unemployment Falls to 4.3%
Wells Fargo Economics says stronger hiring and steady 3.7 percent wage growth bolster case for Federal Reserve to hold rates steady A year...
Bellevue’s $200MM GCX Pedestrian Bridge Over I-405 Secures Federal Funding, Eyes 2030 Opening
The 2,000-foot span will function as a linear park connecting downtown to the Wilburton neighborhood and the regional Eastrail system. A $2 million...
Link Logistics Sells 225,800 SQFT Industrial Property in Fife for $40.2MM
225,800-square-foot LogistiCenter at 167 traded at $178 per square foot An industrial property in Fife has traded hands, showing that investors continue to...
Meta Reverses Course on 212,000 SQFT Block 13 in Bellevue’s Spring District, Filing Permits for Full Buildout After Two Years Vacant
After leaving its ninth Spring District building in shell condition since 2024, the tech giant’s decision to occupy the $168.5MM tower signals a...
Invesco Acquires 187-Unit Harvest Gate Mobile Home Park for $27.4MM in Puyallup
The deal between two institutional heavyweights underscores continued investor appetite for manufactured housing communities in the Puget Sound region An entity affiliated with...
Q4 Employment Cost Index Rises 3.4%, Marking Slowest Compensation Growth Since 2021
Wells Fargo Economics says labor costs remain in a “Goldilocks zone” as wage pressures ease and benefit growth moderates As policymakers weigh the...
The Morning After and How The Cycle Turned While You Were Sleeping
After two years of paralysis, capital is clearing its throat and deal volume is stirring — but this cycle rewards scalpels, not sledgehammers....
AI Fears Hammer Commercial Brokerage Stocks in Multi-Day Sell-Off
Analysts at Keefe, Bruyette & Woods argue the market rout overstates the immediate threat artificial intelligence poses to labor-intensive real estate advisory work,...
December Retail Sales Stall at 0% as Holiday Gains Reach 3.6%
Control group sales slip 0.1 percent in December, but economists maintain outlook for sustained consumer spending into 2026 As retailers closed the books...
