Industry News
Yareton’s 304-Room Marriott Tacoma Downtown Scheduled to be Sold in Auction to Pay Back $76.4MM Loan
By The Registry Staff A Puget Sound region hotel is slated to be sold at auction in response to the debt owed to...
Activate Games Expands to Washington State with 12,000 SQFT Tukwila Facility
Activate Games opens near Westfield Southcenter Mall as experiential entertainment sector grows in Seattle area The experiential entertainment sector continues to establish itself...
Skanska Writes Down US Property Values by $63MM as Construction Business Thrives
Swedish construction giant posts 4.2 percent operating margin in Q3 as American operations face tougher comparisons to exceptional 2024 Skanska AB’s US construction...
Small Business Optimism Index Falls to 98.2 as Labor Quality Concerns Surge to 27%
Wells Fargo report shows hiring stable but sales and profits deteriorating through October American small businesses are confronting a mix of moderating inflation...
Seattle Life Sciences Market Faces Headwinds Despite Strong Research Foundation
Vacancy rates climb and leasing activity slows in the Pacific Northwest hub, reflecting broader industry challenges Seattle’s life sciences real estate market is...
59-Unit Park Manor Apartments in Seattle Traded for $13MM
By The Registry Staff An historic multifamily property in Seattle’s Capitol Hill neighborhood has changed hands. Park Manor Apartments was sold in a...
Campbell Global Acquires 28,200-Acre Emerald Ridge Timberland in Coastal Oregon in $190MM Deal
(Editor’s Note: According to industry reports, the seller was Weyerhaeuser Company, which announced in a news release issued in October that it had...
Sonder Collapses as Marriott Deal Unravels, Leaving Hospitality Startup in Ruins
The once-promising tech-enabled accommodation provider will liquidate immediately after integration challenges with Marriott led to terminal financial distress Sonder Holdings Inc., the San...
158,000 SQFT Amity Court Redevelopment in Bellevue Advances With 215-Unit Design
Updated plans expand on earlier proposal as Bel-Red continues its steady transformation The City of Bellevue’s Bel-Red district, long marked by low-rise offices...
Upright Development Works Plans 71-Unit Mass Timber Apartment Complex in Portland
Portland developer proposes seven-story building targeting middle-income renters with sustainable construction methods Affordable housing developers are increasingly turning to engineered wood products to...
KKR Posts Record Quarter as Insurance and Credit Fuel Growth Machine
The investment giant raised $43 billion in its second-largest fundraising quarter ever, driven by its insurance business and expanding credit platform KKR &...
Macerich Posts $87MM Loss as Pacific Northwest Properties Navigate Market Transitions
The REIT’s Oregon holdings show steady performance amid broader portfolio challenges, with Washington Square representing 7.4 percent of go-forward income The Macerich Company...
