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CommercialFeaturedIndustry NewsLeasing

Puget Sound Office Market Notches First Positive Absorption in Four Years, Even as Layoffs Mount

Vacancy and availability declined simultaneously for the first time in the recovery cycle, but surging tech-sector cuts and a weakening labor market threaten...

Amazon, Puget Sound, Seattle, Bellevue, South Lake Union, Los Angeles, Long Beach, Santa Ana, San Diego, Carlsbad, San Marcos, Bay Area, San Francisco, Oakland, Fremont, San Jose, Sunnyvale, Santa Clara
CommercialFeaturedFinanceIndustry NewsLeasing

Pacific Northwest Office Vacancy Eases to 16.79% as Tech Tenants Drive Q1 2026 Leasing Surge

OpenAI, Uber, Meta and General Motors anchored a quarter of large deals across Seattle and Bellevue as conversions thin the obsolete stock Leasing...

Facade of an apartment building
FinanceIndustry NewsResidential

57-Unit Capitol Hill Studio Building Vitality on Howell Lists at $9.5MM, Priced 15% Below Appraisal

Greenbuild Development affiliate puts 57-unit 2016-vintage asset on the market at $166,667 per unit as Capitol Hill supply pipeline shrinks to 139 units....

Medical office rendering
AECCommercialIndustry News

Perkins&Will, Mortenson Tapped for Six-Story Behavioral Health Building at Harborview’s Yesler Terrace Site

Seattle’s safety-net hospital pivots a once-stalled Kaiser Permanente parcel into the centerpiece of a $1.74 billion campus modernization, with construction targeted for 2027....

People walking on the street
CommercialContributorsFeaturedIndustry News

March’s Jobs Report and the Art of Misdirection

Behind the rosy March employment headline, a quiet exodus: nearly 400,000 Americans gave up on the job market in a single month. By...

cihat-hidir-Ys8G9cQViac-unsplash-medical office
AECCommercialIndustry NewsNews ReleasesPortland

Kaiser Permanente Announces Groundbreaking on New 615,000 SQFT Hospital Tower at Sunnyside Medical Center in Clackamas, Ore.

The event celebrated the scheduled construction of Oregon’s first fully electric and sustainable hospital. Kaiser Permanente hosted a celebration to mark the start of construction...

Hotel sign on top of silhouette of a hotel building
AECFinanceHospitalityIndustry News

Shovel-Ready 196-Room Residence Inn at Seattle’s Yesler Terrace Hits the Market with Approved Plans and Permits

The fully entitled hotel site at 718 Yesler Way offers a new developer the rare chance to bypass Seattle’s lengthy permitting process and...

Apartment buildings in Seattle with the Space Needle in the background
AECCommercialIndustry NewsNews Releases

Mortenson, Development Partners Celebrate Milestone at 750,000 SQFT North Tower Project on Seattle’s First Hill

The North Tower’s unique steel structural system saves Providence Swedish significant time and budget, and offers flexibility for future modifications in the patient-care environment SEATTLE...

hospital generic
AECHospitalityIndustry NewsNews Releases

Kaiser Permanente Opens New 165,000 SQFT Expansion at Everett Medical Center

The modern, state-of-the-art addition, together with the existing facility, will support care in more than 20 medical specialties. (Editor’s Note: Industry reports show...

Aerial view of Renton, WA
AECCommercialFinanceHospitalityIndustry NewsResidentialRetail

Unico Unveils Ambitious 15-Year Longacres Development Plan in Renton with Hotels, Residential and Commercial Space

Unico Properties has revealed its comprehensive master plan for the former Boeing Longacres Campus in Renton, proposing a transformative mixed-use development that could...

apartment building facade
FinanceIndustry NewsResidential

52-Unit The Raleigh in Burien Hits the Market with 6.7% Cap Rate

An investment opportunity has hit the market in Burien, Washington, as Berkadia announces the listing of The Raleigh, a 52-unit multifamily property offering...

hospital generic
AECHospitalityIndustry NewsNews ReleasesPortland

Kaiser Permanente Announces New 615,000 SQFT Hospital Tower at Sunnyside Medical Center in Clackamas, Ore.

The modern, state-of-the-art facility will make Sunnyside Medical Center the first fully electric hospital in Oregon. PORTLAND, Ore. — Kaiser Permanente is enhancing...

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