Industry News

8010 Articles

TMR Investments Acquires 34-Unit Multifamily Property in Seattle for $14.7MM

Remi Apartments sold at $432,300 per unit, 17 percent below 2018 purchase price The Seattle multifamily market is seeing transaction activity as investors...

Rush Companies Files for 146-Unit Apartment Tower in Tacoma’s Stadium District

Gig Harbor developer’s $34 million project targets transit corridor near Wright Park with 157,000-square-foot building The Stadium District’s transformation from low-rise commercial to...

Shorenstein CEO Sees ‘Generational Buying Opportunity’ in Office Market Recovery

Office Real Estate Stages a Comeback as Investors Return to Once-Shunned Sector After years of distress, the commercial office market is showing signs...

Wyckoff Family Announces Acquisition of Ste. Michelle Wine Estates in Washington

The Wyckoff Family, a third-generation family owner of agribusiness companies based in the Yakima Valley of Eastern Washington, announced today they have acquired...

Seattle Condo Market Shows 2.9% Price Decline as High-Rise Values Buck Trend with 6.8% Gain

Tower properties command $972 per square foot while mid-rise and low-rise buildings experience year-over-year decreases Seattle’s condominium market demonstrates significant variation in performance...

National University of Natural Medicine Acquires 296,000 SQFT Portland Office Complex for $13.8MM

R.L. Woolworth Building transaction marks 86 percent discount from previous sale as vacancy hits record 15.2 percent Portland’s distressed office market is creating...

Horizon House’s 202-Unit West Tower in Seattle’s First Hill District Ready for Groundbreaking

Project to be one of the tallest urban senior living residences in the United States SEATTLE – December 9, 2025 – Horizon House...

Virginia Mason Franciscan Health Bets Big on Kitsap County with Major Hospital Expansion

New 74-bed tower and second hybrid emergency facility signal health system’s aggressive growth strategy in Washington’s booming Kitsap region Virginia Mason Franciscan Health...

Service Sector Expansion Sees Nine-Month High as ISM Index Reaches Fastest Pace Since April

Business activity and employment components show improvement while price pressures ease to 65.4 The service sector showed signs of strengthening in November, with...

Law Firms Push US Office Demand to New Highs, Driving 8.3MM SQFT of Leasing Through Q3 2025

Relocations surge to 50 percent, renewals dip to 53.9 percent, and the legal sector’s share of all office leasing reaches 10.5 percent U.S....

Oak Harbor Bets on Waterfront Transformation to Capture Seattle-Area Growth

Whidbey Island city envisions five-story mixed-use development as anchor for downtown revival amid expected 55 percent population surge The City of Oak Harbor...

Seattle Church Partnership Breaks Ground on 92-Unit Affordable Housing Development

Mixed-use project marks first use of city’s density bonus program for religious institution land New Hope Community Development Institute and the Low Income...

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