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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...

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Industry NewsLeasingRetail

Rivian Leases 32,000 SQFT Former Evergreen Ford Site in Issaquah’s Hyla Crossing for Sixth Puget Sound Showroom

Rivian Automotive has signed a lease with Rowley Properties for a 32,034-square-foot showroom and service center at the soon-to-be-vacated Evergreen Ford dealership in...

Bellevue skyline with mountains in the background
AECIndustry NewsResidential

City of Bellevue Approves Koz’s 188-Unit Micro-Apartment Project in BelRed

Bellevue approves Koz Development's 188-unit Koz on BelRed, with 76 percent of units set aside as affordable micro-apartments.

Apartment building with a pink background
AECIndustry NewsLeasingResidential

369-Unit Modera Bridle Trails Opens in Kirkland on Former TechCity Bowl Site

A Kirkland bowling alley that entertained Eastside families for nearly seven decades has given way to a 369-unit apartment community now welcoming its...

Kirkland, WA Waterfront Aerial Panoramic Lake Washington, Bellevue Skyline
FinanceIndustry NewsResidentialRetail

Taylor Morrison Acquires 3.42-Acre Rose Hill Village Site in Kirkland for $27MM

Taylor Morrison’s $27 million purchase of the former Kelly-Moore Paint site pays MainStreet Property Group a 32 percent gain since 2022, underscoring how...

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CommercialFeaturedIndustry NewsLeasing

Seattle-Area AI Adoption Climbs Toward 28% as Puget Sound Office Vacancy Holds Near 28%

New federal survey data show businesses across the Seattle metro adopting artificial intelligence faster than the national average, handing the region's battered office...

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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...

View of lake Sammamish and Issaquah from Poo Poo Point
FinanceIndustry NewsResidential

Nuveen Sells 204-Unit Boulder Creek Apartments for $102MM in Sammamish

CBRE arranged the sale of Boulder Creek to Boston-based TARR Boulder Creek LLC at a per-unit price well above a comparable 2024 Sammamish...

Kirkland, WA Waterfront Aerial Panoramic Lake Washington, Bellevue Skyline
AECIndustry NewsResidential

Cordillera Homes Completes Concrete Structure at Kirkland’s Only New Condo Project, Central Peak

Cordillera Homes has completed the most complex structural pour of Central Peak Residences — a 650-cubic-yard, 10-hour transfer deck operation — clearing the...

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AECIndustry NewsResidential

PCP Plans 731 Units in Three Downtown Redmond Towers Near Light Rail

Cleveland-based PCP plans 731 apartments across three Redmond developments, starting with the 217-unit Rove near light rail.

Seattle skyline from the waterfront
CommercialFeaturedIndustry NewsLeasing

Seattle Sits Out the National Office Occupancy Index Even as Puget Sound Landlords Chase the Same Answer

The most widely cited measure of the American return to office does not track Seattle, leaving Puget Sound owners and lenders to benchmark...

warehouse facade
FinanceIndustrialIndustry News

Two-Building, 28,000 SQFT Willows Northwest Portfolio Trades for $10.9MM in Redmond

A pair of 1984-built office and warehouse buildings on adjacent Redmond parcels traded for $10.9 million, or roughly $391 per square foot, more...

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