Industry News
Cordillera Homes Completes Concrete Structure at Kirkland’s Only New Condo Project, Central Peak
Cordillera Homes has completed the most complex structural pour of Central Peak Residences — a 650-cubic-yard, 10-hour transfer deck operation — clearing the...
LDS Church Continues Puget Sound Property Sell-Off With $6MM Seattle Meetinghouse Sale
A 2.44-acre South Seattle site anchored by a modest 1996 meetinghouse has traded for $6 million, extending a run of Church of Jesus...
Swickard Floats Adding Observation Deck Atop Portland’s Big Pink Tower
A helipad that once welcomed some of Portland’s biggest business names could give way to a public observation deck under new owner Jeff...
Amazon Vacates 81,000 SQFT at South Lake Union Office as Downtown Seattle Vacancy Hits 35.8%
Amazon has emptied out of a six-story South Lake Union office building it has occupied since 2016, one of two large corporate move-outs...
McNellis: Economists vs. Flipping Coins
Economist: {noun}: someone good with numbers but without enough personality to be an accountant.
As Cap-Rate Compression Ends, Schnitzer Says Operators Will Win Industrial’s Next Cycle
In a wide-ranging podcast interview, longtime Oregon industrial owner Jordan Schnitzer argued that the era of cheap debt and falling cap rates that...
Meta Lists 135,000 SQFT in Seattle and Redmond for Sublease as Washington Retreat Deepens
Meta has placed roughly 135,000 square feet of additional Seattle-area office space on the sublease market, listing space in Seattle's Sodo neighborhood and...
Student Housing Is Now an Institutional Asset Class, and Seattle’s U District Is the Northwest’s Proving Ground
Blackstone, KKR and Greystar have made purpose-built student housing a core institutional holding, and the high-rise wave around the University of Washington, unleashed...
Vintage Aviation Museum Acquires Historic Tillamook WWII Blimp Hangar for $1 as Roof Repairs Begin
The Port of Tillamook Bay has handed one of the largest wooden structures in the world to a Utah nonprofit for a single...
Oregon’s Labor Force Participation Holds Above the U.S. Average but Stays Far Below Its Peak
Federal labor data shows 62.4 percent of Oregonians were working or looking for work in July, a rate that edges out both the...
Washington Commerce Opens Comment Period on Draft Transit-Oriented Development Guidebook
The state has published a draft guidebook intended to walk cities through a zoning mandate few of them asked for but all of...
Arlington-Based Entity Buys 70,000 SQFT Kent Warehouse Occupied by The BoxMaker for $12.5MM
The sale closes even as Kent Valley’s industrial vacancy climbs and the Southend submarket posts more than a million square feet of negative...
