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AECFeaturedFinanceIndustry NewsResidential

Snohomish County Apartment Sales Reach $162MM in Q2 as Cap Rates Compress to 5.1% and 1,746 Units Rise

Snohomish County held its place as one of Puget Sound's steadiest multifamily markets in the second quarter of 2026, logging 10 sales worth...

chrissy-langston-XlP5_ZyDTVk-unsplash-building office
CommercialFeaturedFinanceIndustry News

Owner-Users Outbid Investors for Puget Sound Office Buildings, Paying Up to $969 Per SQFT as Downtown Towers Trade Near $58

Buyers that intend to occupy what they buy paid well above investor pricing for smaller Puget Sound office buildings in the third quarter...

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FinanceIndustry NewsResidential

Bell Partners Acquires 261-Unit Leva on Market in Seattle’s Ballard for $94.8MM

Greensboro, North Carolina-based Bell Partners has expanded its Puget Sound portfolio with the $94.8 million purchase of Leva on Market, a 2008-vintage mixed-use...

Jeff Giffin UMC District Energy Manager
People on the Move

UMC Welcomes Jeff Giffin to Help Clients Achieve Reliable, Affordable, Low Carbon Thermal Energy Networks 

Focused on improving energy reliability, reducing operating costs, supporting long-term growth, and creating practical pathways toward sustainability and decarbonization Seattle/Everett/Lynnwood, WA - UMC,...

San Mateo, Essex Property Trust, BRE Properties
FinanceIndustry NewsResidential

Veritas Equity Partners Buys 70-Unit Viking Apartments in Lynnwood for $10MM

The 1962-built, seven-building complex near Edmonds College traded about 26 percent below its original $13.5 million asking price, though the longtime owner still...

Buildings
CommercialFinanceIndustry News

Private Investor Pays $6.6MM for 23,000 SQFT Creekside Professional Center, Topping Investor Office Pricing in Puget Sound’s Northend

A private investor, Northwest Professional Centers, LLC, paid $6.6 million for the 22,658-square-foot Creekside Professional Center in Mill Creek, the highest price per...

Office building facade
CommercialFinanceIndustry News

Rosen Harbottle Acquires 59,000 SQFT Northview Corporate Center Building C in Lynnwood for $7.75MM

Bellevue-based Rosen Harbottle Commercial Real Estate has paid $7.75 million, or about $131 per square foot, for the 59,219-square-foot Building C at Northview...

A view of a pier at Gene Coulon Park in Renton, Washington.
Industry NewsLeasingRetail

The French Bakery Seeks 2,500 to 4,500 SQFT Sites Across Nine Eastside and North End Markets

The French Bakery, an Eastside artisan patisserie that runs three cafés in Bellevue and Redmond, is seeking 2,500 to 4,500 square feet of...

Home under construction
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...

Graphic of shopping bags on conveyor belts
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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PNW CRE Rising Stars

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