Industry News
Seattle Opens Salvage Lumber Warehouse in SODO to Funnel Old-Growth Wood Back Into New Construction
An EPA-funded warehouse run by Earthwise Architectural Salvage aims to turn deconstructed Seattle homes into a steady supply chain for builders chasing embodied-carbon...
Link Logistics Proposes 469,530 SQFT Spec Warehouse Plan in Kent Valley
The Blackstone-backed industrial giant moves to clear four obsolete buildings on 84th Avenue South and replace them with modern Class A product, even...
Shoreline Bets on Park District Workaround to Land $100MM Aquatic Center
After two failed bond attempts, Shoreline lawmakers are routing a 48,000-SQFT indoor pool to voters through a Metropolitan Park District that needs only...
NexCore, Clarion Partnership Debuts With 205-Unit Gallery Richmond Beach Senior Living Project in Shoreline
Denver developer and New York investment manager break ground on six-story Shoreline community after acquiring entitled retail site at a 34 percent discount...
Historic 193,027 SQFT Central Building Hits Market in Downtown Seattle at Reset Basis
Newly renovated 1907 landmark lists for sale with 30.6 percent occupancy, offering buyers a generational entry point as Seattle's CBD office market resets....
Out-of-Market Firms Drive 72% of Puget Sound AI Leasing as 2026 Tracks Record Year
California-headquartered AI companies now account for 62 percent of regional leasing activity, mirroring the 2010s tech migration that reshaped Seattle and the Eastside....
John Burns Says Land Markets Enter “Selective Growth” Phase as Builders Push 73% of Lots Off Balance Sheet
Ken Perlman's 2026 land playbook lays out a market split between A-and-B winners and C-and-D laggards, with land banking, attainable product and master-planned...
Panattoni Plots 1.03MM SQFT Podium I-5 Warehouse on Shuttered Wild Waves Site in Federal Way
Irvine-based developer doubles down on speculative industrial bet as Puget Sound vacancy climbs to 9.3 percent and a half-century-old theme park bows out....
Philips Plans Multiyear Sale of 57-Acre Bothell Campus Assessed at $122.99MM
Dutch health-tech giant tees up a quiet exit from its longtime Puget Sound headquarters and signals a search for smaller, modernized Seattle-area space....
New York Investor Pays $65MM for Kettle Cuisine-Anchored Production Plant in Everett
FFW Holdings exits longtime Snohomish County food-manufacturing facility in a $65 million trade to New York buyer NM KKC LLC. A New York-based...
Seattle Posts Highest Vacancy Increase Among Tech Gateways Even as Bellevue Anchors AI Leasing Recovery
CBRE's 2026 Tech Gateway Office Markets report shows Seattle's downtown and Eastside drawing top-five U.S. AI tenant demand while overall vacancy climbs 500...
Class A+ Office Occupancy Nears 2025 Peak as Kastle Barometer Climbs to 78.6 Percent
Trophy buildings push toward full reoccupation while the broader Kastle index logs its strongest peak day since early March, signaling a widening gap...
