Industry News
Seattle Life Sciences Market Posts Modest Gains as Major Construction Project Completes
Pacific Northwest hub delivers 227,000 square feet of new lab space, accounting for more than 80 percent of national Q4 completions Seattle’s life...
City Of Seattle Invests In 12 Organizations to Support Projects Led by Communities Affected by Climate Change
Seattle, WA — Seattle’s Environmental Justice (EJ) Fund today announced grants to 12 organizations to support programs covering climate change adaptation, education, youth...
Pacific Northwest Multifamily Markets Navigate Divergent Paths
Seattle Attracts Surging Investment While Portland Struggles; Regional Performance Splits on Development and Demand Fundamentals The Pacific Northwest’s two largest multifamily markets delivered...
Seattle Seahawks to Hit the Market After Super Bowl LX
Paul Allen’s Estate to Sell NFL Franchise in What Could Be Record $7-8 Billion Deal The Seattle Seahawks will be put up for...
Seattle Advances Phase Two of Comprehensive Zoning Overhaul to Address Housing Shortage
Mayor Wilson’s proposal enables multifamily housing in 30 new neighborhood centers and transit corridors as city tackles affordability crisis Seattle Mayor Katie B....
TriMet to Acquire Former Greyhound Terminal in Portland for $7MM with Plans for Bus Layover Facility
Portland transit agency scores deal on property that was once under contract for $35 million TriMet is moving forward with plans to purchase...
Google Acquires 79,200 SQFT Industrial Building in Redmond for $35.2MM
Tech giant purchases asset from Unico Properties, converting from tenant to owner An industrial building in Redmond traded hands recently as investors continue...
January Hiring Seen at 80,000 as Labor Market Shows Signs of Gradual Cooling
Wells Fargo Economics expects steady unemployment, softer wage pressure, and downward revisions to 2025 job growth After several years in which the labor...
Blackstone Bets $50 Billion That Real Estate’s Long Winter Is Ending
The alternative asset giant delivered its best quarter ever, but its real estate portfolio—down 16 percent since the rate cycle began—is only now...
Port of Seattle Announces Completion of $546MM SEA Gateway Project at Seattle-Tacoma International Airport
New technology, a redesigned checkpoint, bag claim upgrades, and public art improve customer experience The Port of Seattle joined Alaska Airlines to celebrate...
Bellwether Housing Prisma Apartment Project in Redmond to Deliver 328 Units Near Light Rail Station
Six-story affordable housing development at 2888 Da Vinci Ave. NE targets 2028 opening with income-averaging model Redmond is advancing its ambitious housing expansion...
STG Logistics Leases 131,000 SQFT Facility from Prologis in Sumner
Trucking Company Expands Pacific Northwest Footprint in Strategic Pierce County Location STG Logistics has leased 131,483 square feet at Prologis Park Sumner Building...
