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AECCommercialHospitalityIndustry NewsResidentialRetail

Onni Group Starts Excavation at 3.4MM SQFT 606 Bellevue, Tilting Three-Tower Plan Toward Housing and Hotel Rooms

Onni Group has cleared its four-acre superblock at 606 106th Avenue NE and started shoring and excavation for a six-level garage beneath three...

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AECIndustry NewsResidential

Tacoma Wins $70,000 State Grant to Audit Housing Rules, Targeting Permit Resubmittals That Slow Construction

Tacoma will hire an independent consultant to review its residential development regulations, after its own permit data showed that repeated rounds of corrections,...

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CommercialFeaturedIndustry NewsLeasing

Downtown Bellevue on Track for 1.2MM SQFT of Absorption in 2027 as Vacancy Heads Toward 15%

Broderick Group projects Downtown Bellevue will post roughly 1.2 million square feet of net absorption in 2027, most of it from leases already...

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MultifamilyOutlook

The Registry Ranks: Puget Sound Apartment Submarkets for Value-Add Buyers — East King Wins, Pierce County Needs a Discount

Regional apartment vacancy is 6.7%, cap rates sit near 5.7%, and 19,368 units are still under construction. We ranked seven Puget Sound submarkets...

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CommercialFinanceIndustry News

Preylock Targets Q4 Close on 365,000 SQFT Amazon-Leased West Main Tower for $340MM in Downtown Bellevue

Los Angeles-based Preylock Real Estate Holdings is working through the final details of its acquisition of Vulcan Real Estate's 364,868-square-foot West Main office...

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AECFeaturedFinanceIndustry NewsResidential

Seattle Apartment Market ‘Treading Water’ as Deputy Mayor Calls JumpStart Tax a ‘Slush Fund’

At the Simon | Anderson Multifamily Team's fall investor forum, Kidder Mathews' Dylan Simon described a Puget Sound apartment market stuck between flat...

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CommercialFeaturedIndustry NewsLeasing

Seattle Posts Fastest AI Office Demand Growth but Trails Three-Market Core, VTS Finds

New VTS research shows AI companies entering the office market 27 percent more often than a year ago, but with San Francisco, New...

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AECCommercialFeaturedIndustry News

Eastside’s 14.7MM SQFT Office Pipeline Still Has Zero Pre-Leasing as Supply Freeze Props Up Bellevue Recovery

Broderick Group's third-quarter report still counts roughly 14.7 million square feet of proposed office development across the Eastside, none of it pre-leased, and...

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CommercialIndustry NewsLeasing

Nscale Doubles Lease at Bellevue’s The Eight to 46,000 SQFT Ahead of Opening and $35B IPO

The London-based AI data center developer has added a second floor at The Eight before moving into its first one, a commitment made...

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CommercialFeaturedIndustry NewsLeasing

Broderick Still Sees Eastside Office Vacancy at 19% by Year-End, a Target That Needs 1.2MM SQFT in One Quarter

Broderick Group's appendix projects Eastside office vacancy will end 2026 at 19.0 percent on 1.18 million square feet of net absorption for the...

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CommercialFeaturedIndustry NewsLeasing

Mayor Wilson Puts Kidder Mathews, Amazon and Port of Seattle on Task Force as Downtown Office Vacancy Hovers Near 35%

Seattle Mayor Katie Wilson has named 18 business, labor and civic leaders, from Kidder Mathews Chairman Bill Frame to Port of Seattle President...

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AECFinanceIndustry NewsResidential

SRM Development Lands $72.5MM Bank OZK Construction Loan for 239-Unit Brizo Apartments in Downtown Bellevue

Spokane-based SRM Development has lined up $72.5 million in construction financing from Bank OZK to build Brizo, an eight-story, 239-unit market-rate apartment building...

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