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AECFeaturedIndustry NewsResidential

Puget Sound Apartment Developers Shelve Projects as Approved Pipeline Shrinks to 12,931 Units

Puget Sound apartment developers formally shelved a meaningful number of projects over the past year instead of extending permits, shrinking the region's approved...

Seattle skyline from Lake Union
CommercialFinanceIndustry News

BentallGreenOak Affiliate Sells 214,000 SQFT Plaza 600 Tower for $12.5MM in Seattle

An Emeryville, California entity picks up the 57-year-old office tower for a basis low enough to compete on rent in a downtown submarket...

money roll
CommercialFeaturedIndustry NewsResidential

Mayor Wilson’s $9.1B Seattle Budget Spares Employers a JumpStart Hike, Tightens the Screws on Apartment Fees

Mayor Katie B. Wilson's first proposed budget closes an inherited $175 million General Fund gap through spending cuts rather than a JumpStart payroll...

Apartment buildings
FeaturedFinanceIndustry NewsResidential

Seattle Multifamily Market Stabilizes as First-Half Sales Volume Slides to $1.25B

Apartment sales across King, Pierce and Snohomish counties slid to just over $1.25 billion in the first half of 2026, but stabilizing rents,...

pedestrians
CommercialFeaturedHospitalityIndustry NewsResidential

Downtown Seattle Draws Nearly 3.8MM Visitors in August, Topping 2019 as Office Return Holds at 62%

Nearly 3.8 million unique visitors and 9.2 million total visits flowed into downtown Seattle in August, pushing tourism, hotel demand and residential occupancy...

uni rail in Seattle
FinanceIndustry NewsRetail

Unico Retail Property Near Pike Place Market in Seattle Enters Receivership After $14.5MM Default

The collapse of First and Union’s occupancy traces to Pike Brewing Company’s November 2025 closure of its 30-year flagship taproom, a loss that...

josh-hild-4AnHVIzkPn4-unsplash-seattle
AECCommercialFinanceIndustry NewsResidential

Onni Group Lands $41.7MM Financing to Advance Long-Delayed Block V Towers in Seattle

Eight years after paying $78.75 million for a pair of Denny Triangle parking lots, Onni Group has landed $41.7 million in financing and...

Seattle skyline from the waterfront
AECCommercialIndustry NewsLeasing

Wilson Sonsini Plans $5.8MM Build-Out at U.S. Bank Center in Seattle

A city permit shows Wilson Sonsini's $5.8MM build-out on two floors of Seattle's nearly half-vacant U.S. Bank Center.

fernando-hernandez-azOupDDldt4-unsplash-tacoma
FinanceIndustry NewsRetail

Seattle-Tacoma Retail Vacancy Holds at 4.7% as Small Tenants Steady Market

Tacoma posts the West Coast’s lowest vacancy among major submarkets even as its asking rents climb nearly 30 percent since 2019. Three straight...

Seattle skyline
FeaturedFinanceIndustry News

Coinbase Becomes First Tenant at Seattle’s Long-Empty Washington 1000 Tower

A 546,000-square-foot Seattle office tower that has sat entirely empty for two years finally has a tenant, a milestone that arrives just as...

View of Seattle skyline at night
CommercialIndustry NewsLeasing

Avenue5 Residential Leases 15,000 SQFT at 90%-Full Two Union Square in Seattle

As Class A asking rents in downtown Seattle slide toward $40 per square foot and direct vacancy holds above 32 percent, Avenue5 Residential...

Amazon logo
CommercialIndustry NewsLeasing

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...

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PNW CRE Rising Stars

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