Industry News
Seattle Landlord Kilroy Realty Posts Mixed Q3 as Portfolio Reshuffling Drives Income Surge
West Coast REIT holds steady in Puget Sound market while banking big on California asset sales and Beverly Hills bet Kilroy Realty Corporation,...
Lenders Take Control of Westbank’s Stalled 1.2MM SQFT Seattle Tower Development
By The Registry Staff After seven years of construction delays, the ambitious WB1200 project in Seattle’s Denny Triangle has been returned to the...
Seattle Retail Market Sees Vacancy Rise to 3.8% as Leasing Activity Falls to Five-Year Low
Q3 report shows 246,000 SQFT of negative absorption and 41 percent drop in sales volume as developers turn cautious The Puget Sound’s retail...
Seattle Office Dream Dies: Chinese Developer Gemdale Lists Half-Block Property at 618 John After Abandoning 244,000 SQFT Tower Plan
The sale marks a dramatic reversal for a company that once saw Seattle as a key growth market Three years after unveiling ambitious...
DLC-DRA Joint Venture Pays $54MM for 175,000 SQFT Alderwood Mall Adjacent Retail Center in Lynnwood
Transaction marks latest piece of $625 million West Coast expansion as retail market faces mixed signals A retail property across from Alderwood Mall...
Swift Real Estate Pivots to Residential Play at 425 Pontius as Seattle Office Market Transforms
Three years after buying a South Lake Union building for renovation, the firm faces financial pressure and a radically different plan In 2022,...
Alexandria Real Estate’s Struggles Deepen with Fourth Consecutive Quarterly Loss as Life Science Downturn Continues
Quarterly loss and major asset write-downs signal ongoing challenges for pioneering life science REIT Alexandria Real Estate Equities reported its fourth consecutive quarterly...
Amazon Prepares Its Biggest Workforce Reduction in Years as AI Reshapes Corporate Operations
The e-commerce giant is set to cut up to 30,000 corporate jobs, signaling a shift toward automation and leaner management structures Amazon.com is...
Seattle Office Market Vacancy Climbs to 22.7% as Challenges Persist
Leasing activity rises but negative absorption of 2.23 million SQFT year-to-date continues upward pressure on vacancies The Seattle office market is sending conflicting...
Federal Reserve Faces Murkier Path as September Inflation Data Offers Mixed Signals
Core CPI rises 0.23 percent while government shutdown threatens October data release The Federal Reserve’s approach to interest rates just became more complicated....
Alaska Airlines Bets Big on Premium Travelers With Split-Level Lounge Strategy
The carrier is investing in a new 20,000-square-foot facility at Sea-Tac as competition for high-spending flyers intensifies on the West Coast Alaska Airlines...
CEP Multifamily Sells 202-Unit Barkley Apartment Homes in Bellingham for $47.9MM
BELLINGHAM, Wash., Oct. 23, 2025 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI) dedicated to serving the company’s...
