Industry News

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In-N-Out Opens Second Washington Restaurant in Vancouver, Targeting Portland Metro Demand

The Snyder family’s privately held burger chain plants its flag in Clark County eight months after debuting in Ridgefield, signaling a deliberate fill-in...

The Geography of Want: Why Starbucks Can’t Drag Its People to Nashville

By Billy the Broker (I just want to stay anonymous) There’s an old joke about the Boston banker who, told he must relocate...

Park Hotels & Resorts Sells 396-Room Hilton Seattle Airport & Conference Center for $18MM

The full-service hotel, one of the largest conference-equipped properties near Seattle-Tacoma International Airport, traded at roughly $45,500 per key just weeks before Seattle...

2026 Library Levy Proposal Passes to Seattle Voters on August Ballot

Seattle, WA – Today, Mayor Katie B. Wilson signed legislation to place a levy proposal before Seattle voters on the August 4, 2026 ballot. If approved, the measure would fund The...

Hudson Pacific’s Seattle Portfolio Bets on Quality as Puget Sound Logs First Positive Absorption in Three Years

The REIT owns nine Seattle buildings anchored by a 667,724-SQFT Amazon lease, but half the Pioneer Square portfolio sits below 40 percent occupied...

Blackstone’s $315B Real Estate Machine Pivots Hard to Data Centers as Traditional Portfolio Treads Water

The world’s largest alternative asset manager is betting its real estate franchise on AI infrastructure while waiting for logistics and multifamily to rebound...

Great Expectations Buys 102‑Unit Development Site in Puyallup for $2.75MM

(Editor’s Note: According to Pierce County public records, the sales price was $2.75 million.) Seattle, Wash. (April 15, 2026) – Kidder Mathews has...

Lennar Affiliate Pays $14.3MM for Multiple Lots at 320-Acre Uplands Master-Planned Community in Puyallup

The lot purchase by OHC Lennar Pool I LLC from the Seattle-based master developer’s land entity advances the next phase of home construction...

Blueprint Capital Sells Renovated 49-Unit Val Anne Apartments in Seattle’s Lower Queen Anne for $14.5MM

The Seattle-based developer and construction lender exits the 1958-built property at a roughly 41 percent gain over its 2017 acquisition price after completing...

Macerich’s 2025 Annual Report Signals a Bifurcated Retail Market as REIT Reshapes West Coast Portfolio

The Santa Monica-based mall operator’s 10-K highlights record leasing, healthy retailer demand and the widening gap between fortress centers and lower-tier malls The...

$24MM Loan Secured to Refinance 167-Room Cedarbrook Lodge in Seattle

Los Angeles, (April 22, 2026) – Sonnenblick-Eichner Company has arranged $24 million in first mortgage debt to refinance the Cedarbrook Lodge in Seattle,...

Simon Property Group Advances 268-Unit Residential Phase at 55-Acre Northgate Station Redevelopment in Seattle

The Indianapolis-based mall owner’s third apartment building at the former Northgate Mall site would add 25,365 square feet of retail and 390 parking...

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