Industry News
Onni Group’s 3.4MM SQFT Three-Tower Bellevue Project Nears Summer 2026 Demolition
Onni Group is preparing to demolish two buildings on a four-acre downtown Bellevue superblock this summer, clearing the way for a 3.4 million-square-foot,...
Amazon Plans 2MM SQFT Fulfillment Center in Chehalis After $9.3MM Port Land Deal
The e-commerce giant's takeover of CRG Development's stalled Cubes at Chehalis site would bring one of Washington's largest warehouses—and up to 1,000 jobs—to...
Dick’s Drive-In Lands on Tulalip Reservation for 11th Restaurant
The Seattle burger institution partners with the Tulalip Tribes for its northernmost location yet, planting its walk-up format across from Quil Ceda Creek...
Cresa Portland Adds BC Group in Push to Build One-Stop Advisory Platform
The merger folds the 22-year-old development and construction management firm into Cresa's Portland office, extending an acquisition streak aimed at occupier clients across...
Sagard Real Estate Expands Portfolio with $66.5MM Acquisition of 222-Unit Multifamily Community in Monroe
(Editor's Note: According to Snohomish County public records, the sales price was approximately $66.5 million, or about $299,549 per unit.) SEATTLE--Sagard Real Estate...
Bridge Debt Moves From Stopgap to Primary Structure as $875B in CRE Loans Mature
With permanent lenders selective and $875 billion in commercial mortgages coming due, sponsors are routing transitional deals to debt funds offering speed, flexibility...
JETSET Pilates Targets Seattle’s Eastside with Search for 1,800 to 2,500 SQFT Studio Sites
The fast-growing boutique fitness franchise is hunting for high-visibility retail space in Redmond, Kirkland, Bothell, Sammamish and Woodinville as smaller-format tenants drive Puget...
Seattle Mayor Wilson Proposes Transit Measure Renewal With $138MM in Annual Funding
The 10-year proposal would fund 280,000 King County Metro bus trips annually and more than double free ORCA passes for low-income residents if...
City of Tacoma Clears 12-Year Tax Break for Rush Companies’ 98-Unit Proctor Project
The City Council's June 2 approval brings roughly 20 income-restricted units to one of Tacoma's most sought-after neighborhoods, three years after the city...
Seattle-Area Housing Inventory Swells to 2026 High as Prices Hold Steady
NWMLS data show active listings across Washington jumped 16.8 percent year over year in May while King County's median price held at $875,000,...
King County Lists Former Inn at Queen Anne in Seattle, Five Years After $16.5MM Homeless-Housing Buy
The 80-room Uptown hotel the county bought at the height of its pandemic-era Health Through Housing push is back on the market through...
Mass Timber Emerges as Embodied-Carbon Fix for Data Centers, Cutting Footprint Up to 60%
Engineers from Thornton Tomasetti and Gensler make the case that hybrid mass timber can slash data center embodied carbon and compress schedules without...
