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CommercialFeaturedIndustry News

Puget Sound Office Market Struggles: Key Insights from the 2nd Quarter 2024

Seattle’s office market continues to grapple with significant challenges, marked by weak tenant demand, rising sublease space, and record-high vacancy rates, according to...

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AECIndustry NewsResidential

TWG and Amazon Host Groundbreaking Ceremony on New 170-Unit Senior Affordable Housing Property in Kirkland

Ardea at Totem Lake will create 170 new affordable, transit-oriented homes for seniors in the Seattle area KIRKLAND, Wash. (May 2, 2024) –...

Kirkland, Mill Creek Residential, King County, Tech City Bowl, Puget Sound, Totem Bowl and Investment Inc
AECCommercialFinanceIndustry NewsResidential

Mill Creek Buys 36,000 SQFT Bowling Alley, Additional Property in Kirkland for $26.3MM, Plans Multifamily Development

By Kate Snyder A 35,926 square foot bowling alley in Kirkland traded hands recently in a deal that is meant to pave the...

King County, Eastside, Broderick Group, Spring District, Meta, Amazon, Schnitzer West, Houston, Patrinely Group, The Eight, Skanska, Google, Kirkland Urban, Lee Johnson, Kirkland Ascent, Kirkland, Puget Sound
AECCommercialFeaturedIndustry News

Report: Eastside’s Development Pipeline Faces Uncertain Future Amid Rising Vacancy, Increased Costs

By Kate Snyder Several development projects in King County’s Eastside were nearing completion during the first quarter of 2024, however there is little...

CommercialIndustry News

Google Pauses Its Expansion Plans in Kirkland

The relentless, pre-pandemic expansion of tech titans into the Seattle region was a hallmark of the last decade. Google, particularly, seemed primed for...

CommercialFeaturedIndustry News

Tech Titans Tighten Grip on Eastside Office Market

The first quarter of 2024 saw a flurry of activity in the Eastside’s office market, but it was largely driven by consolidation from...

FinanceIndustry NewsNews ReleasesResidential

The Amazon Housing Equity Fund Grants $139.64MM in Financing Throughout the Puget Sound in Past Six Months

The loans supported the development and preservation of 11 affordable housing communities located across Washington CHICAGO, Mar. 27, 2024 – JLL Capital Markets...

CommercialFinanceIndustry News

Cybersecurity Firm Tanium is Looking to Grow From its Kirkland Headquarters

Tanium, a cybersecurity company currently based in Kirkland, has announced plans to relocate its headquarters. This decision, revealed over three years after Tanium’s...

amazon housing
FinanceIndustry NewsNews ReleasesResidential

Amazon’s Housing Equity Fund Announces $122MM Commitment for More Than 1,700 Affordable Homes Across Puget Sound

Amazon announced today that since December 2023, the company’s Housing Equity Fund (HEF) has committed more than $122 million to help preserve and...

FinanceIndustrialIndustry NewsNews Releases

PCCP Provides $25MM Loan to CapRock Partners for Acquisition of an Industrial Building in Woodinville

Los Angeles, CA, February 5, 2024 – PCCP, LLC announced today it has provided a $25 million loan to CapRock Partners for the...

FinanceHospitalityIndustry News

King County Buys 224-Room Hotel in Renton for $36.2MM

By Kate Snyder The Puget Sound region’s hospitality market continues to attract attention with the recent sale of a vacant property in Renton....

FinanceIndustrialIndustry News

CapRock Partners Buys 160,000 SQFT Industrial Property in Woodinville for $34.2MM

By Kate Snyder The Puget Sound region’s industrial market is continuing to attract investors with the recent sale of a warehouse in Woodinville....

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