Industry News

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Report: Seattle Hotel Market Recovery Slows, but Revenue Surpasses Pre-Pandemic Levels

The Seattle hotel market continues its post-pandemic recovery, although growth is showing signs of moderation. According to the latest market report by Kidder...

Seattle Solidifies Position as Nation’s Second AI Hub, But Bay Area Dominance Grows

While San Francisco and San Jose continue to dominate America’s artificial intelligence landscape, Seattle has cemented its role as the country’s premier AI...

Kilroy Realty Reports Strong, 39% Net Income Increase in Q2 Performance Despite Office Market Headwinds

REIT raises full-year guidance as leasing momentum accelerates and strategic asset sales provide capital flexibility Kilroy Realty Corporation delivered robust second-quarter results that...

Metro, REACH CDC Break Ground on 64-Unit Accessible Affordable Housing Complex in Portland’s Foster-Powell

64-unit development targets disabled residents and low-income households with innovative design and wraparound services Portland’s Foster-Powell neighborhood will soon welcome a new affordable...

Alliance Residential Plans to Transform Bellevue Medical Imaging Site with 278-Unit Apartment Development

Alliance Residential is planning to transform a longtime medical facility in Bellevue’s rapidly evolving Wilburton neighborhood into a substantial residential complex, marking another...

City of Seattle Celebrates Ribbon Cutting of Pier 58 and Announces Sept. 6 Grand Opening for Completed Waterfront Park

With the opening of Pier 58, Seattle completes its 20-acre Waterfront Park — a final piece in the bold, decades-long transformation of Seattle’s...

Nitze-Stagen Announces 195-Unit Trace 4001 Podium Topping-Out in Seattle’s Othello Neighborhood

Seattle developer Nitze-Stagen is constructing an eight-story affordable housing project at 4001 S. Willow Street, which will provide 195 apartment homes for low-...

Logistics Property Company Announces Groundbreaking on 604,000 SQFT Industrial Development in Centralia

SEATTLE, WA, July 28, 2025 – Logistics Property Company, LLC, (LogiPropCo), a logistics real estate owner, developer, and manager, has broken ground on...

300-Unit Serrano Apartments in Spokane Listed for Sale

The 300-unit Serrano Apartments community at 121 E Wedgewood Ave. in Spokane has been listed for sale. The multifamily property spans 255,172 square...

91-Unit Mixed-Use Property in Seattle’s First Hill Neighborhood Brought to Market

A 91-unit multifamily property with ground-floor commercial space, located at 1102–1110 8th Ave. in Seattle’s First Hill neighborhood, has been listed for sale....

Seattle Mayor Expands Investments in Affordable Housing with $20MM for New Homes at Northgate Commons

Seattle Housing Authority to lead development of this transit-oriented, mixed-income, high-opportunity community Today, Mayor Bruce Harrell committed $20 million to the Seattle Housing...

Skanska Delivers Bellevue’s Newest 800,000 SQFT Skyline-Defining Office Tower

The Eight is a newly completed 25-story office tower in Bellevue, Washington, by Skanska. This 799,933 square foot structure focuses on sustainable, flexible...

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