Industry News
70-Unit Apartment Community Near Ferry Terminal on Bainbridge Island Trades for $16.8MM
Bainbridge, WA – June 9, 2026 – CBRE has completed the sale of Quay Bainbridge, a 70-unit multifamily community located at 250 Shannon...
LMN Architects to Anchor Unico’s Restored 53,000 SQFT Washington Park Building on Seattle’s Waterfront
LMN Architects has signed on as the first office tenant at the Washington Park building, ending a two-year vacancy at one of the...
Rush Commercial, Dobler Management Open 128-Unit Fryar Flats in Downtown Sumner
Rush Commercial Construction and owner-operator Dobler Management Company have completed and opened Fryar Flats, a six-story, 176,185-square-foot mixed-use community in downtown Sumner that...
Downtown Seattle Switches On First IKE Digital Kiosks Ahead of World Cup, With 50-Unit Network to Follow
The Downtown Seattle Association, the city of Seattle and Orange Barrel Media activated the first of 50 planned IKE Smart City digital kiosks...
Madison Development Group Lands $60.8MM Fannie Mae Refi on 216-Unit Spruce in West Seattle
Issaquah-based Madison Development Group has secured $60.8 million in Fannie Mae refinancing for Spruce, the 216-unit West Seattle apartment and retail complex it...
Terreno Realty Clinches Early 107,000 SQFT Renewal With Flooring Provider in Kent’s Softening Industrial Market
Terreno Realty Corporation has secured an early lease renewal for 107,000 square feet at its Kent Valley distribution building, extending a flooring tenant...
105-Unit Alcove First Hill Micro-Apartments Hit the Market in Seattle
An entity affiliated with the managing partner of a Seattle social purpose corporation has put the 105-unit Alcove First Hill micro-apartment building on...
Transforming Age Bets on 1,000-Unit, Mass-Timber EverGlen Village to Crack Bellevue’s Affordability Gap
A nonprofit developer has advanced plans for EverGlen Village, a more than 1,000-unit affordable senior housing community spread across five mass-timber buildings on...
Alliance Residential Pays $16.7MM for Site in Renton Approved for 384-Unit Apartment Project on Lake Washington
Vulcan Real Estate's disposition of the 7.18-acre Kennydale waterfront parcel — marketed by CBRE and approved for residential development roughly two years ago...
Spokane-Based Entity Sells 128-Room Hilton Garden Inn Seattle/Bothell for $16.1MM
The deal, which closed at roughly $125,800 per key, lands as CBRE forecasts Seattle-area hotel revenue per available room to reach a record...
Suncadia Bets $18MM on Retail Village to Turn Cle Elum Resort Into a Year-Round Town
Suncadia will open the first four tenants of its $18 million Suncadia Social retail village on June 19, capping a town-center vision that...
Washington Tops the West Coast and Lands 4th Nationally in Resident Income, New Study Finds
Washington outranks both California and Oregon to claim the highest resident income on the West Coast and the fourth-highest in the country, according...
