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AECIndustry NewsNews ReleasesResidential

Sound Transit Selects Multi-Service Center and Shelter Resources to Develop 230 Units of Affordable Housing in Federal Way

Sound Transit has issued a notice of intent to award to Multi-Service Center (MSC) and Shelter Resources Inc. (SRI) to develop approximately 230...

CommercialIndustry NewsNews Releases

Wild Waves Theme Park in Federal Way Announces Closure After Final Season of Operation in 2026

Wild Waves Theme Park in Federal Way, Washington, announced that the 2026 operating season will be its final year of operation. The park...

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AECCommercialFeaturedIndustry News

Sound Transit’s Federal Way Link Extension Set to Open, Completing Critical Suburban Corridor

Seven-year, $2.6 billion project brings light rail 7.8 miles south, connecting Seattle to Pierce County border Sound Transit will begin passenger service on...

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CommercialFinanceIndustry News

22,500 SQFT State-Leased Office in Federal Way Brought to Market for $7.5MM

Single-tenant DSHS facility currently owned by JS Federal Way LLC offers long-term lease through 2031 and steady income potential Government-leased properties in South...

Sunny Cityscape- Downtown Seattle from Highway Interchange South
AECFeaturedFinanceIndustry NewsResidential

Seattle Multifamily Market Posts $1.9B in Q3 Sales as Rents Reach $2,247 Per Unit

Investment activity surges 75 percent year-over-year while occupancy holds at 95.5 percent Seattle’s apartment market showed signs of continued strength through the third...

Sunny Cityscape- Downtown Seattle from Highway Interchange South
AECFeaturedFinanceIndustrialIndustry News

Seattle Industrial Market Hits 10.1% Vacancy as Supply Outstrips Demand

Year-to-date absorption falls to 1.1 million square feet while developers pull back on new construction The Seattle-Puget Sound industrial real estate market is...

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AECFeaturedIndustry NewsResidential

Cranes Come Down: Seattle’s Apartment Gold Rush Hits the Brakes

After record supply and demand, the Emerald City finds itself in the middle of the pack with 2.2 years of apartment inventory Seattle’s...

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FinanceIndustrialIndustry News

Westport Capital Partners Buys 107,400 SQFT Self-Storage Facility in Snoqualmie for $28MM

By The Registry Staff A self-storage facility in the Puget Sound region has a new owner. The Snoqualmie Ridge Storage in Snoqualmie was...

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AECCommercialIndustry NewsNews Releases

Sound Transit Announces Link 1 Line Service to Federal Way Begins Dec. 6

Three new Link light rail stations serving South King County to debut Sound Transit announced today that passenger service will begin on the...

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FeaturedIndustry NewsResidential

King County’s Multifamily Market Splits in Two as Suburban Areas Surge Past Seattle

While Seattle stalls with political uncertainty, suburban King County leads the region with 8,519 units under construction and a massive 43,667-unit pipeline The...

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FinanceIndustrialIndustry News

Spartan Investment Group Buys 31,000 SQFT Frontier Village Mini Storage in Lake Stevens for $6.25MM

By The Registry Staff A storage property in the Puget Sound region has traded hands. An Olympia-based entity has sold Frontier Village Mini...

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AECFeaturedFinanceIndustry NewsResidential

Investor Activity Intensifies in Seattle Multifamily Market Amid Supply Slowdown

Seattle’s multifamily housing sector continued to show resilience in Q2 2025, marked by steady vacancy, increased rent levels and robust leasing activity. According...

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