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CommercialFinanceIndustry News

LDS Church Sells Two Auburn Meetinghouses for Combined $8.7MM Amid Seattle-Area Consolidation

The LDS Church sells two Auburn meetinghouses for a combined $8.7MM as it reshapes its Seattle-area property footprint.

building under construction
AECIndustry NewsResidential

Perkins Eastman Designing 233-Unit Affordable Housing Project on Sound Transit Land at Federal Way Downtown Station

Perkins Eastman has been tapped to design a 233-unit, all-affordable housing development that Multi-Service Center and Shelter Resources will build on two surplus...

apartment building facade
FinanceIndustry NewsResidential

St. Regis Properties Secures $23.25MM Refinance for 105-Unit Align Apartments in Federal Way

St. Regis Properties tapped a life company correspondent lender instead of the debt funds that typically price bridge loans at this leverage, landing...

Property graphic with money
CommercialFeaturedIndustrialIndustry NewsLeasing

Seattle CBD Land Values Fall 47%, Bellevue Rises 1.72% in King County Revalue

King County’s 2026 commercial revalue stripped $3.12 billion from the county’s assessed commercial base, and a single appraisal area covering downtown Seattle and...

Harajuku Tokyo
Industry NewsLeasingRetail

TESO Life Takes 24,000 SQFT Former Office Depot in Tukwila, Betting Big-Box on Japanese Retail Craze

TESO Life, the Japanese lifestyle retailer whose store openings routinely draw quarter-mile lines, has leased a 23,502-square-foot former Office Depot at Segale Properties...

max-van-den-oetelaar-RORkqnp4ye4-unsplash-apartments
FinanceIndustry NewsResidential

78-Unit Redondo Terrace Apartment Community Listed for Sale in Federal Way

Redondo Terrace, a 78-unit, 1986-vintage apartment community at 29401 Pacific Hwy S in Federal Way, has been brought to market on behalf of...

warehouse facade
AECFeaturedIndustrialIndustry News

Panattoni Plots 1.03MM SQFT Podium I-5 Warehouse on Shuttered Wild Waves Site in Federal Way

Irvine-based developer doubles down on speculative industrial bet as Puget Sound vacancy climbs to 9.3 percent and a half-century-old theme park bows out....

Seatac airport
AECFeaturedIndustry News

Port of Seattle Unveils 31-Project Blueprint to Expand SEA for 56 Million Passengers by 2032

The Port’s Draft Environmental Impact Statement opens public comment on a sweeping near-term expansion anchored by a second terminal and 19 new gates....

hotel sign on top of a building
FinanceHospitalityIndustry News

Trimark Hospitality Sells 116-Room La Quinta in Federal Way for $14.5MM

A Seattle-based investor has expanded into the South King County lodging market with a mid-priced hotel acquisition along the Interstate 5 corridor The...

Apartments with Space Needle in the background
FeaturedFinanceIndustry NewsPortlandResidential

Private Capital Tightens Grip on Washington Multifamily as Pierce County Heats Up

A Berkadia Q1 2026 report shows mid-market investors driving deal flow, institutional buyers retreating to scale plays, and a coming delivery cliff setting...

warehouse with trucks park next to it
AECIndustrialIndustry News

IRG Advances Phase Two at Federal Way’s Woodbridge Corporate Park With 3 New Industrial Buildings as 214,000 SQFT Building B Hits the Market

With Amazon anchoring Building A and the state eyeing the landmark 1971 headquarters, the former Weyerhaeuser campus takes another step toward its reinvention...

Woods Coffee cup in a forest camping ground
Industry NewsRetail

Woods Coffee Targets Aggressive Drive-Thru Expansion Across Puget Sound With 5+ New Locations Annually

The family-owned Pacific Northwest coffee brand is actively seeking drive-thru retail sites in nearly 20 Washington communities, backed by more than two decades...

2026 Pacific Northwest CRE Rising Stars

PNW CRE Rising Stars

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