Industry News
Eastside Office Market Shows Signs of Stabilization as Vacancy Deflates to 21.8% in Q4 2025
The Eastside office market absorbed 333,163 square feet in the fourth quarter of 2025, marking a potential turning point after years of climbing...
Microsoft Renews 396,000-SQFT Lease at Redmond Town Center
Microsoft renewed approximately 396,000 square feet of office space at Redmond Town Center, marking one of the most significant lease transactions on Seattle’s...
Zenix Aerospace Buys Two Manufacturing Facilities in Arlington Totaling 144,000 SQFT for $52.2MM
An aerospace manufacturing facility in Arlington has changed ownership as part of a broader corporate restructuring. The Senior Aerospace AMT facility at 20100...
Arise Capital Buys 154-Unit Apartment Complex in Burien for $37.3MM
An apartment complex in Burien has traded hands recently. The Wellington Place Apartments, a 164-unit apartment complex located at 327 S 177th Place,...
3D Printed Houses and Other Fairy Tales
By Billy the Broker (I just want to stay anonymous) The prophecy was always that technology would save us. And here we are in 2026,...
AI-Powered Construction Startup Unlimited Industries Secures $12MM to Tackle America’s Infrastructure Challenge
Unlimited Industries has emerged from stealth with $12 million in seed funding to address what it describes as a persistent problem in American...
224,000 SQFT Historic Commonwealth Building in Portland Sells for $6.5MM, 57% Below Assessed Value
A 224,122-square-foot office tower at 421 SW 6th Ave. in downtown Portland has sold for $6.5 million, according to Multnomah County public records....
29,500 SQFT Winery Building Listed for $12MM in Seattle as House of Smith Unlocks Equity for Global Expansion
Charles Smith’s Jet City Winery facility, a former Dr. Pepper plant in Seattle, hits market through Newmark and Meriwether Advisors The Seattle building...
Silicon Valley Bank Takes 4,600 SQFT at 11W in Downtown Portland
Long-term lease adds momentum to West End office building as Central Business District vacancy reaches 36.3 percent Office leasing decisions in downtown Portland...
Seattle Approves $64MM Creek Restoration Land Deal Despite Community Concerns
City committee greenlights utility’s acquisition of historic Laurelhurst property to comply with fish passage requirements Seattle’s Parks, Public Utilities & Technology Committee voted...
Boeing Acquires 319,000 SQFT Flex Building in Everett for $54MM
A significant industrial site in Everett has traded hands. According to Snohomish County public records, The Boeing Company, based in Berkeley, Missouri, purchased...
Timberlane Partners, PCCP Acquire 532-Unit Jackson Apartments in Seattle for $173MM
Seattle continues to draw multifamily investors to its offerings. In a recent deal, Timberlane Partners, one of the Pacific Northwest’s most active multifamily...
