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Wallace Properties Pays $6.6MM for 23,000 SQFT Creekside Professional Center, Topping Investor Office Pricing in Puget Sound’s Northend

Bellevue-based Wallace Properties paid $6.6 million for the 22,658-square-foot Creekside Professional Center in CBRE's Northend office submarket, the highest price per square foot...

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IndustrialIndustry NewsLeasing

Amazon Leases 91,000 SQFT Everett Commerce Center Building

Amazon has returned to an Everett warehouse it left two years ago. Permit filings suggest the space will serve the company's satellite internet...

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CommercialFinanceIndustrialIndustry NewsPortlandResidential

Active Puget Sound Industrial Buyer EQT Adds Stockbridge in Deal Worth Up to $550MM

EQT AB, whose real estate arm has steadily accumulated industrial assets from Tukwila to Everett, has agreed to buy San Francisco-based manager Stockbridge...

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FeaturedIndustrialIndustry NewsLeasing

Aerospace and Defense Tenants Take 788,000 SQFT as Space Economy Fills Puget Sound Industrial Space

Shield AI, Cowboy Space and an unnamed aerospace company together committed to roughly 788,000 square feet of Puget Sound industrial space in the...

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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 NewsLeasingResidential

Rialto Weighs Housing Sale for 289,000 SQFT Former Frontier Office Campus in Everett

Rialto Capital weighs a housing sale for the former Frontier office campus in Everett after its value fell from $38.6MM to $9.3MM.

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CommercialFinanceIndustry News

Eric Persson Moves to Reclaim Eight Washington Card Rooms From Bankrupt RunItOneTime as Blue Owl Rent Relief Nears Expiration

Maverick Gaming founder Eric Persson says he will buy eight Washington card rooms out of his former company's Chapter 11 case and keep...

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AECFeaturedIndustry NewsResidential

Seattle’s Security Properties Cuts Deal Underwriting to Minutes as Puget Sound Embraces AI

Seattle-based Security Properties has put a proprietary AI underwriting engine into its acquisition pipeline, and with Seattle, Everett and Bellevue piloting AI permit...

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FinanceIndustry NewsResidential

RISE Properties Trust Affiliate Sells 366-Unit The Groves in Kent to FPA Multifamily for $72MM

San Francisco-based FPA Multifamily picked up the 1980-built complex for about $196,700 per unit, in line with recent South King County sales and...

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FeaturedHospitalityIndustry NewsResidentialRetail

Washington Wage Floor Hits $17.73 in 2027 as Seattle Climbs to $22.14, Raising the Bill for Retail and Hospitality Tenants

Washington's statewide wage floor climbs to $17.73 an hour on Jan. 1, while Seattle moves to $22.14 and a sharply higher overtime-exempt salary...

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CommercialFeaturedIndustry News

Seattle Sheds 18,605 Jobs as Downtown Absorbs 70% of Losses, DSA Report Finds

The Downtown Seattle Association's new employment report finds that Seattle shed 18,605 jobs between 2024 and 2025, with downtown absorbing roughly 13,000 of...

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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...

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