King County
Issaquah to Acquire 21,311 SQFT Ednetics Building for $12.98MM as New City Hall
The $609-per-square-foot off-market deal comes in well below comparable sales as the city pivots away from new construction estimated at up to $57.75MM....
Stockbridge Capital Brings 32,483 SQFT Denny Triangle Redevelopment Site to Market in Seattle
The 0.76-acre parcel, purchased for $11.1 million in 2011, now carries a King County assessed value of nearly $50 million and is positioned...
Phillips Edison Acquires 54,000 SQFT Renton Highlands Shopping Center for $15.75MM
The Cincinnati-based grocery-anchored REIT continues its Pacific Northwest expansion with the purchase of the Safeway-adjacent retail complex, which traded at a loss for...
Ares Management Sells 91,400 SQFT Renton Warehouse to WareSpace for $19MM
The Kent Valley asset traded at roughly $208 per square foot as Puget Sound industrial vacancy climbed to 9.3 percent in the first...
TA Realty Acquires 128,700 SQFT Kent Warehouse for $23.3MM
Boston-based investment manager expands Puget Sound industrial footprint with purchase of long-held WCP Solutions distribution facility at $181 per square foot Boston-based real...
Puget Sound Industrial Market Faces Mounting Headwinds as Vacancy Climbs to 9.3% in Q1 2026
Trade disruptions, declining port volumes, and cautious occupier demand are weighing on the region’s industrial fundamentals, though pockets of strength in Pierce County...
Church of Jesus Christ of Latter-day Saints Sells 3.88-Acre Bellevue Site Slated for 15-Lot Travara Subdivision for $16.5MM
A 3.88-acre parcel on Northup Way will be cleared to make way for single-family housing under a planned unit development filed with the...
Kirkland Pushes Sound Transit to Preserve Line 4 Light Rail Amid $34.5 Billion Funding Shortfall
The Eastside city warns that an indefinite deferral of the voter-approved project would leave significant mobility needs unmet for decades. The City of...
Outrig Storage Buys 4.8-Acre Vehicle Storage Property in Renton for $7.5MM
The Chicago-based operator acquired East Valley RV, Boat & Car Storage as its first location in Washington, signaling broader regional expansion plans Chicago-based...
Seattle Retail Market Holds Steady in Q1 2026 as Vacancy Creeps Higher and Tenants Grow More Selective
Stable rents and disciplined construction are keeping Puget Sound retail fundamentals intact, but negative net absorption and cautious leasing point to a market...
InSite Property Group Acquires 114,000 SQFT StorQuest Self Storage in Seattle for $16.3MM
The acquisition marks InSite’s third self-storage purchase in the South King County submarket in recent months as the firm continues to consolidate its...
Bellevue City Council Unanimously Advances 2026-32 Affordable Housing Strategy Targeting 5,700 Units Over Next Decade
Updated seven-year plan replaces 2017 strategy with expanded tools, new revenue sources, and preservation targets as median home prices approach $1.6 million on...
