CoStar
Seattle’s U District Posts 37.4 Million Annual Visits as Housing, Transit, and Small Business Investment Accelerate
A new economic report from the U District Partnership documents record foot traffic, a 47 percent population surge since 2010, a 27 percent...
204-Unit Willamette Park Apartments in West Salem Trades for $46.3MM in Q4 2025
The transaction values the 2007-vintage community at approximately $226,961 per unit, marking one of the largest multifamily sales in Salem’s history. Willamette Park,...
Portland Multifamily Market Closes 2025 With Shrinking Pipeline, Improving Vacancy, and $1.76 Billion in Transactions
HFO’s Q4 Marketwatch report finds construction starts at decade-low levels, absorption outpacing deliveries, and institutional buyers re-engaging as the metro positions for a...
Kitsap County Apartment Vacancy Plunges 270 Basis Points as the Puget Sound’s Smallest Market Posts Sharpest Fundamental Improvement
A new Kidder Mathews report finds vacancy fell from 10.9 percent to 8.2 percent during 2025 — the largest decline of any submarket...
Pierce County Apartment Sales Reach $445MM in 2025 as Income-Focused Investors Target the South Sound’s Higher Yields
A new Kidder Mathews report finds 43 buildings traded at 6.0 percent average cap rates while the Tacoma-anchored market posted 2 percent rent...
Snohomish County Apartment Sales Reach $640MM in 2025 as Measured Recovery Favors Patient Capital
A new Kidder Mathews report finds transaction volume more than doubled from 2023 levels as flat rents and a light supply pipeline keep...
King County Apartment Sales Surge to $4.7B in 2025 as Four Submarkets Chart Divergent Paths to Recovery
A new Kidder Mathews report finds Seattle drove the lion’s share of deal volume while East King commanded the tightest cap rates, North...
Pacific Northwest CRE Rising Stars: Brokerage Star
Six Exceptional Brokers Lead Market Innovation and Transaction Excellence Across the Region The Pacific Northwest’s commercial real estate brokerage sector showcases exceptional talent...
OpenAI Nearly Quadruples Bellevue Space with 223,000 SQFT City Center Plaza Expansion
ChatGPT maker secures additional square feet as AI firms intensify Eastside presence OpenAI has committed to an additional 223,000 square feet at City...
Portland’s James Beard Public Market Delays Opening to 2027 as Costs Balloon to $35MM
Historic building discoveries and expanded scope push back highly anticipated food hall amid downtown’s struggle with 36 percent office vacancy Portland’s highly anticipated...
Downtown Seattle Ranks Second Among Peers in Residential Construction with 3,325 Units Underway
Housing development drives urban recovery as downtown population reaches record 109,845 residents, though building permits fall to historic lows Downtown Seattle’s residential construction...
Kirkland Negotiates Deal for $78.8MM Kraken Ice Facility
City would retain purchase option on privately-financed community center and NHL-standard rinks in novel public-private partnership The City of Kirkland is advancing negotiations...
