Industry News

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Home Depot Leases 609,000 SQFT Auburn 18 Industrial Facility from IRG

Home Improvement Retailer Secures Major Distribution Space in King County’s Southend Submarket Home Depot has leased 609,268 square feet at Auburn 18, a...

Seattle-Tacoma Industrial Landlords Pivot to Renewals as 80% of Q4 Deals Extend Existing Tenants

Renewal Activity Dominates Q4 2025 as Landlords Offer Extended Concessions and Development Pipeline Contracts Sharply The Pacific Northwest’s industrial real estate market closed...

U.S. Population Growth Slows to 0.5% in 2025 as Net Immigration Drops 54% to 1.3MM

Wells Fargo Economics says reduced foreign inflows, not domestic moves, drove the nationwide deceleration After several years in which migration reshaped regional economies,...

Portland Multifamily Vacancy Tightens to 8.5% as Development Pipeline Shrinks 66%

Average sale prices decline 9 percent year-over-year while net absorption reaches 392 units in fourth quarter Portland’s multifamily market posted improved fundamentals in...

Starwood Capital Group Sells 81-Unit Crossings at Gresham Station for $17.8MM

Buyers Pay $219,753 Per Unit for Gresham-Northwest Property as Portland Multifamily Construction Pipeline Shrinks 66 Percent Mika and Michael Aranoff purchased the 81-unit...

Weidner Apartment Homes Positions 91-Unit Vive Apartments in Ballard for Sale After Eight-Year Hold

Seattle multifamily owner markets 91-unit property acquired in 2017 for $24.15 million amid improving market conditions Weidner Apartment Homes has listed Vive Apartments,...

150-Unit Luxury Belltown Asset Elara at the Market Hits Seattle Investment Scene

Property Positioned at Center of $800MM Waterfront Transformation A premium multifamily asset in Seattle’s Belltown neighborhood has been brought to market, offering investors...

FPA Multifamily Acquires 150-Unit East Wind Apartments for $20.5MM in Gresham

Transaction Values Northeast Submarket Property at $136,667 Per Unit as Portland Vacancy Tightens 110 Basis Points FPA Multifamily acquired the 150-unit East Wind...

Bellevue Unveils Seven-Year Affordable Housing Strategy

City Council to review comprehensive plan aimed at expanding housing access across all income levels through 2032 The Bellevue City Council is set...

Laurel Property Group Acquires 138-Unit Hollis Apartments for $31MM in Goose Hollow

Transaction Values Property at $224,638 Per Unit in Submarket That Saw 341-Unit Byline Delivery in October Laurel Property Group acquired the 138-unit Hollis...

Washington Legislature Advances Commercial-to-Residential Bills as State Confronts Housing Emergency

Three measures target zoning restrictions, operational barriers, and infrastructure costs to accelerate production of 55,000 homes annually Washington’s commercial real estate industry faces...

45-Unit Clarwood Apartments Seeking for $5.25MM in Seattle’s First Hill

1920s vintage building offers value-add opportunity at $117,000 per unit as Seattle construction pipeline contracts 36 percent and occupancy holds near 95 percent...

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