Lee & Associates
MSR Communities’ 266-Unit Shoreline 145th Takes Shape Near Light Rail as Station Area Approaches Housing Cap
The 7-story, 320,000-square-foot project is one of several large-scale transit-oriented developments transforming the former single-family neighborhood around the Shoreline South/148th Station. The wave...
91-Unit Alt Flats in Seattle’s Capitol Hill Listed for Sale as New-Construction Multifamily Asset
The 2024-built property at 421 Belmont Ave. E has reached 95 percent occupancy and features a diverse unit mix across nine floors in...
Trinity Real Estate Acquires 25-Unit Queen Anne Exchange Apartments for $12.8MM in Seattle
The adaptive reuse of a 1923 telephone exchange building traded at $512,000 per unit on Seattle’s Queen Anne Hill A 25-unit apartment building...
Bellingham’s 148-Unit Sunset Pond Apartments Trades for $27.5MM
The four-story community on Woodstock Way, built in the mid-1990s and situated on nearly seven acres, sold at approximately $186,000 per unit in...
Trader Joe’s-Anchored 360,040 SQFT South Sound Center in Lacey Hits Market on Best-Offer Basis
The regionally dominant retail hub draws approximately 5 million annual visits, with Target shadow-anchoring and significant leasing and redevelopment upside across its 30.84-acre...
Berkadia Brings 71-Unit Mixed-Use Camelia on Bainbridge to Market on Washington’s Supply-Constrained Island
The core-plus multifamily and retail asset in the heart of Bainbridge Island’s Winslow Centre offers investors diversified income streams and proven value-add upside...
23-Unit Ella Robert Apartments on Queen Anne Hill Listed for $6.995MM
The 1928 brick apartment building on Seattle’s south slope of Queen Anne enters the market as investor activity across King County rebounds and...
Supreme Court Tariff Ruling Injects Optimism Into South Sound Industrial Market as Vacancy Climbs to 9.8%
Lee & Associates brokers report rising tenant activity in early 2026 amid a structural shift toward Class B product and shorter lease terms...
STG Logistics Leases 131,000 SQFT Facility from Prologis in Sumner
Trucking Company Expands Pacific Northwest Footprint in Strategic Pierce County Location STG Logistics has leased 131,483 square feet at Prologis Park Sumner Building...
Home Depot Leases 609,000 SQFT Auburn 18 Industrial Facility from IRG
Home Improvement Retailer Secures Major Distribution Space in King County’s Southend Submarket Home Depot has leased 609,268 square feet at Auburn 18, a...
Seattle-Tacoma Industrial Landlords Pivot to Renewals as 80% of Q4 Deals Extend Existing Tenants
Renewal Activity Dominates Q4 2025 as Landlords Offer Extended Concessions and Development Pipeline Contracts Sharply The Pacific Northwest’s industrial real estate market closed...
Bellevue’s Auto Row Transforms as American Capital Group Leads Wave of High-Density Housing for Transit Corridor
Bellevue-based company bets big on Wilburton neighborhood as city’s rezoning opens door to thousands of new apartments For decades, a stretch of 116th...
