Industry News
Ethos Development and Meritus Property Group List 53-Unit Pine Street Townhomes in Tacoma After $1.1MM Renovation Program
A South Tacoma townhome community has come to market backed by three years of renovation data showing double-digit rent premiums, an unusually well-documented...
Verdant Development Acquires 438-Unit Oregon Apartment Portfolio for $83MM from Bender Equities
Verdant Development Inc. has purchased two well-occupied Oregon apartment communities totaling 438 units — the 257-unit Oak Vale in Corvallis and the 181-unit...
Swickard to Acquire 90% Stake in Portland’s 30-Story Park Avenue West
Auto dealership magnate Jeff Swickard is set to take a 90 percent stake in Park Avenue West, averting a foreclosure auction and marking...
Hudson Pacific Extends $1.1B Hollywood Loan as Seattle Leasing Momentum Offsets Studio-Market Strain
Even as Hudson Pacific Properties rides a Seattle leasing surge that has downtown vacancy falling for the first time in six years, the...
Seattle Life Science Stays Tightest of West Coast Hubs as New Construction Halts
Seattle's life science market entered the second half of 2026 with the lowest vacancy of any major West Coast hub and no space...
FTA Clears Everett Link Draft EIS, Advancing 16-Mile Light Rail Line to Downtown Everett as Costs Climb
Sound Transit secured a pivotal federal clearance for its 16-mile Everett Link light rail extension when the Federal Transit Administration signed off on...
XTRA Lease Acquires 9.14-Acre Undeveloped Puyallup Site for $9.9MM
The purchase lands in a Pierce County industrial market carrying the Puget Sound region’s highest vacancy rate at 12.7 percent, even as the...
Sagard Real Estate Acquires 134,000 SQFT Industrial Building in Tukwila for $24MM
Sagard Real Estate has added another Puget Sound warehouse to a Pacific Northwest industrial buying spree that has now touched four separate submarkets...
Seattle-Tacoma Retail Vacancy Holds at 4.7% as Small Tenants Steady Market
Tacoma posts the West Coast’s lowest vacancy among major submarkets even as its asking rents climb nearly 30 percent since 2019. Three straight...
Coinbase Becomes First Tenant at Seattle’s Long-Empty Washington 1000 Tower
A 546,000-square-foot Seattle office tower that has sat entirely empty for two years finally has a tenant, a milestone that arrives just as...
Orix Lends $55MM to Refinance 200-Unit Swell Apartments in Seattle’s Yesler Terrace
A partnership of Mack Real Estate Group, Silverstein Properties and Cantor Fitzgerald has landed a $55 million loan from Japan's Orix to refinance...
Nuveen Sells 204-Unit Boulder Creek Apartments for $102MM in Sammamish
CBRE arranged the sale of Boulder Creek to Boston-based TARR Boulder Creek LLC at a per-unit price well above a comparable 2024 Sammamish...
