Industry News

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Bellevue School District Files Plans for Construction of 140,000 SQFT School in Wilburton Neighborhood

With land use applications now filed with the City of Bellevue, the Bellevue School District is advancing plans to demolish the aging International...

Lee & Associates Pacific Northwest Taps Developer Scott Hutchinson as President, Bowles Moves to Executive Managing Director

Lee & Associates Pacific Northwest has installed developer and operator Scott Hutchinson as its new president, handing day-to-day command of its Washington brokerage...

Redmond Acquires 9.1-Acre Site from Heidelberg Materials for $38.5MM to Build New Maintenance and Operations Center

City Council Approves Acquisition of 9.1 Acres from Heidelberg Materials (Editor's Note: CBRE PNW Capital Markets' Tom Pehl, Charles Safley and Jeff Hodson...

Gensler Brands Seattle’s 4.25-Mile Unity Loop to Steer World Cup Crowds Into Neighborhood Storefronts

As Seattle prepares to host six FIFA World Cup matches at Lumen Field beginning June 15, Gensler Seattle has delivered the visual identity...

Vulcan Real Estate Eyes Potential Deal on 365,000 SQFT Office Tower in Downtown Bellevue

The prospective acquisition — which would include the Amazon-leased West Main Tower 1 that Vulcan listed through Newmark in February — would mark...

UW’s Iconic Suzzallo Library Gets a $21.5MM Seismic Overhaul to Survive the Next Century in Seattle

The University of Washington is spending $21.5 million to anchor Suzzallo Library's masonry, towers and 18 exterior statues against the next major Cascadia...

Clackamas County Breaks Ground on 200-Home Cottage-Cluster Rebuild of 1940s Clackamas Heights in Oregon City

The Housing Authority of Clackamas County has launched construction on a full redevelopment of its Depression-era Clackamas Heights site in Oregon City, replacing...

Tacoma’s Museum of Glass Breaks Ground on $25MM Renovation Anchoring a Permanent Lino Tagliapietra Legacy Gallery

The Museum of Glass has moved its long-planned $25 million renovation from the drawing board into active construction, converting interior space at its...

Norris & Stevens Renews Downtown Portland Office Lease at Standard Insurance Center

The Portland brokerage firm's first renewal at Standard Center — where it has operated since 2015 — comes after it evaluated suburban alternatives,...

Seattle Halts New Large Data Centers With Emergency One-Year Moratorium After 369-Megawatt Wave of Proposals

The Seattle City Council voted unanimously on June 9 to freeze the siting of large data centers for one year, becoming the largest...

PMB, The Springs Living Break Ground on 225-Unit Senior Living Community in Issaquah

Healthcare real estate developer PMB and Oregon-based operator The Springs Living have started construction on a 225-residence senior living community in the Issaquah...

Blackstone Affiliate Sells 81,215 SQFT Andover Distribution Center in Tukwila for $35.3MM to Kayne Anderson

At roughly $435 per square foot for a 1966-vintage building on nearly 7.7 acres near Sea-Tac Airport, the May 26 transaction signals that...