Industry News
Bellevue Pushes Road Safety Audits onto Five More High-Risk Corridors in 2026 Vision Zero Sprint
The city is leveraging $7.1MM in council funding and federal SS4A dollars to convert 13.7 miles of its deadliest streets into quick-build safety...
Vale Matcha & Coffee Leases 36,000 SQFT of Production Space Steps From Seattle’s New Judkins Park Light Rail Station
Building owner Jeff Schoenfeld backfilled the Central District space inside of a week after Atomo Coffee announced its consolidation to California, in a...
Seattle-Tacoma Industrial Vacancy Heads to Record 10.4% as Import Slowdown Tests the Gateway
A fading construction pipeline offers little near-term relief as softer port traffic and tenant consolidations push the region into the bottom tier of...
Puget Sound Apartment Sales Slide 36% to $664MM in Q1 as Buyers Hold the Line on Pricing
Transaction activity cooled across the region in early 2026 even as occupancy tightened, with Kidder Mathews pointing to a disciplined, yield-driven market still...
Puget Sound Industrial Market Deepens Its Recalibration as Vacancy Pushes Toward 10%
Negative absorption widened and construction slowed sharply in the first quarter, handing tenants the upper hand across one of the West Coast’s largest...
Holland Partner Group Pays $18.5MM for Fremont Retail Strip Slated for 189-Unit Apartment Tower
The Vancouver, Washington developer, partnering with Tokyo Tatemono, has secured control of the half-block of 36th Street businesses it has been planning to...
Anthropic in Negotiations for 120,000 SQFT Lease at Dexter Yard as AI Startup Doubles Down on Seattle
The Claude maker already holds a 70,000-square-foot short-term lease in the development’s south tower and is now eyeing the north tower for a...
Kucha and Felton Launch Felton Stern Capital Partners to Buy Suburban Office at Cycle Lows
The new Lake Oswego-based private equity platform debuts with a three-building seed portfolio and a mandate to acquire institutional-quality office and flex assets...
Port of Tacoma, Puyallup Tribe Greenlight Blair Waterway Cutback to Make Room for Bigger Ships and a New Terminal
Commissioners approved the implementation agreement that widens the waterway to 850 feet and clears the path for the tribally owned Puyallup Tribal Terminal,...
Washington Retail Cap Rates Climb for Fifth Time in Six Quarters as Vacancy Holds Above 4%
Lee & Associates Q1 2026 data shows a Pacific Northwest retail market under pressure, with sale pricing down and landlords beginning to soften...
D.R. Horton Files Plans to Convert Shuttered Everett Walmart Into 248-Home Rowan Park
The nation’s largest homebuilder doubles down on Snohomish County with a townhome-and-single-family conversion of an 18.89-acre big-box site on Evergreen Way. D.R. Horton’s...
Article Secures 8,200 SQFT Lincoln Square Showroom in Bellevue Collection Debut
The Vancouver-based online furniture brand picks Kemper Development Company’s flagship mixed-use complex for one of its first two U.S. stores. Article, the Vancouver-based...
