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AECFeaturedIndustry NewsResidential

Puget Sound Apartment Developers Shelve Projects as Approved Pipeline Shrinks to 12,931 Units

Puget Sound apartment developers formally shelved a meaningful number of projects over the past year instead of extending permits, shrinking the region's approved...

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AECCommercialIndustry News

Everett, Community Transit Reach $54.5MM Deal to Consolidate Bus Systems

The deal's timing tracks Sound Transit's Link extension to Everett Station, a project now pushed to 2037-2041 amid a $34 billion system-wide shortfall...

Sound Transit, Link 1 Line, Lynnwood, Shoreline South, Shoreline North, Mountlake Terrace, Lynnwood City Center, King County, Seattle, Seattle–Tacoma International Airport, Snohomish County, Everett, FTA, Puget Sound
AECIndustry News

FTA Clears Everett Link Draft EIS, Advancing 16-Mile Light Rail Line to Downtown Everett as Costs Climb

Sound Transit secured a pivotal federal clearance for its 16-mile Everett Link light rail extension when the Federal Transit Administration signed off on...

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FinanceIndustry NewsRetail

24,261 SQFT Krafter’s Land-Leased Retail Building in Lynnwood Offered at $8.3MM

Priced at $342 per square foot, the fully leased Krafter’s Land Cabinetry building sits on a signalized 196th Street corridor alongside Trader Joe’s...

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FinanceIndustry NewsResidential

MG Properties Pays $53MM for 164-Unit Woodcreek Apartments in Lynnwood

The acquisition marks MG Properties’ latest move in a Seattle-area buildout that has added roughly a dozen communities since 2015, following its $95.6...

pedestrians
AECIndustry News

Lynnwood Set to Start $7MM Pedestrian, Bicycle Underpass Connecting Light Rail Station to South-End Neighborhoods

The city of Lynnwood is preparing to begin construction on a long-planned pedestrian and bicycle underpass at 44th Avenue West that will stitch...

hard hats
AECFeaturedIndustry NewsResidentialRetail

Lynnwood Public Facilities District Issues RFQ for General Contractor on Event Center Redevelopment

Lynnwood Public Facilities District has opened bidding for a general contractor to build the public portion of its Event Center redevelopment, with qualifications...

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People on the Move

UMC Welcomes Justin Kim, P.E. as Project Executive

Lynnwood, WA (August 2026) – UMC is excited to welcome Justin Kim, P.E. to UMC as a Project Executive. Justin joins our Business...

Apartment building facade
FinanceIndustry NewsResidential

Rise Properties Trust Affiliate Sells 126-Unit Station Nine Apartments in Lynnwood for $34MM

Station 9, LLC bought the 126-unit Lynnwood complex from a Rise Properties Trust affiliate for roughly $269,841 per unit, betting that unrenovated units...

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AECFinanceIndustry NewsResidential

Rainbow Terrace to Replace Demolished Everett Church With All-Affordable Senior Units

Housing Hope’s Rainbow Terrace was one of six projects to share $23 million in Snohomish County housing and behavioral health grants awarded in...

Bellevue skyline
Industry NewsLeasingRetail

Escapology Signs 4,100 SQFT Lease at Bellevue’s Lincoln Square for Third Puget Sound Location

Escapology, the largest U.S. escape room operator, will open its third Puget Sound location at Bellevue’s Lincoln Square in late 2026, taking a...

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FinanceIndustry NewsResidential

Pacific Urban Investors Acquires 387-Unit A’Cappella Apartment Homes in Lynnwood for $112MM

CBRE announces $112 million sale of Lynnwood, Washington apartment community An affiliate of Pacific Urban Investors has purchased A’Cappella Apartment Homes, a 387-unit...

2026 Pacific Northwest CRE Rising Stars

PNW CRE Rising Stars

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