Federal Way
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...
Boo Han Market Secures Permits for Third Store at Former 18,870 SQFT Grocery Outlet in Federal Way
A family-owned Korean grocer that started in a Lakewood garage nearly five decades ago has now cleared a construction milestone toward opening its...
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.
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...
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...
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...
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...
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...
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....
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....
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...
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...
