Industry News

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Red Tail Acquisitions Buys 115-Unit Exeter House Apartments for $25MM in Seattle’s First Hill

The 1927 property traded at roughly $217,400 per unit, well below comparable recent multifamily sales across Seattle’s urban core. An entity affiliated with...

G3 Partners Acquires Nine Acres of Overlake Christian Church’s Redmond Campus for $15.5MM

Kirkland-based buyer plans 142,240-square-foot recreation, manufacturing, and office facility on subdivided industrial-zoned parcel along Willows Road NE G3 Partners LLC has purchased a...

Oregon’s Industrial Real Estate Reckoning: 9,100 Acres Poised to Transform Rural Data Center Market

State communities plan to quadruple data center footprint as Amazon’s $37 million land purchase eyes first exascale facility near Boardman. Oregon stands at...

Essex Property Trust Reports Steady Growth in Seattle as Declining Supply Pipeline Positions Market for Tighter Conditions

The apartment REIT’s Pacific Northwest portfolio posted 2.8 percent same-property revenue growth in 2025, with the region poised to benefit from a sharp...

SecureSpace Self Storage Opens 53,000 SQFT Self Storage Site in Tukwila

REDONDO BEACH, Calif., March 26, 2026 — SecureSpace Self Storage (“SecureSpace”), a leading self-storage platform with locations across key urban markets in the...

Kennedy Wilson Sells Stake in 204-Unit Equinox Apartments in Seattle’s Eastlake for $44.9MM

The 204-unit Eastlake waterfront apartment complex was jointly acquired by Kennedy Wilson and a partnerfor $90 million in 2016; the partner buyout is...

MSR Communities Plans 247-Unit Mountain View Apartments on Former Dumpster Yard Near Canyon Park in Bothell

International homebuilder’s first multifamily rental project spans two phases — a 109-unit, seven-story building and a 138-unit, eight-story building — on a site...

Lake City Collective Plans 26,500 SQFT Cultural Center in Seattle

A three-story community-focused development would bring gathering space, urban agriculture, and resilience infrastructure to a 10,804-square-foot site in North Seattle Community-focused development efforts...

Bell Partners Acquires 177-Unit Milehouse Apartments in Redmond for $78.5MM from UDR

The Greensboro, N.C.-based multifamily investor continues to expand its Seattle-region portfolio with its acquisition of the downtown Redmond mixed-use apartment community, which UDR...

Portland City Grill Renews Lease at Big Pink, Reaffirming Commitment to Downtown Portland

PORTLAND, Ore.–Swickard Group announced today that Portland City Grill, one of the city’s most iconic dining destinations, has renewed its lease for five...

LeFrak Buys Out Kennedy Wilson’s Stake in 282-Unit Radius Apartments in Seattle for $60MM

LeFrak takes ownership of the South Lake Union apartment complex, which the two firms jointly acquired from Greystar for $141 million in 2017;...

PSERS and Tennessee TCRS Deploy $500MM Into Real Estate and Infrastructure Funds

Major public pension systems signal renewed confidence in commercial real estate as stabilizing markets and improving capital conditions draw institutional capital back into...

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