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CommercialFinanceIndustry News

Fred Hutchinson Cancer Center Acquires 225,000 SQFT Weyerhaeuser Office Building for $18MM in Federal Way

Fred Hutchinson Cancer Center buys the former Weyerhaeuser North Building I in Federal Way for $18 million.

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CommercialFeaturedIndustry NewsResidential

Mayor Wilson’s $9.1B Seattle Budget Spares Employers a JumpStart Hike, Tightens the Screws on Apartment Fees

Mayor Katie B. Wilson's first proposed budget closes an inherited $175 million General Fund gap through spending cuts rather than a JumpStart payroll...

View of Seattle skyline at night
CommercialFinanceIndustry News

119,793 SQFT Bay Vista Office Tower in Seattle’s Belltown Scheduled for Auction Starting at $2MM

Lender-Owned Belltown Tower Hits Online Auction Block a Decade After $33.6MM Purchase A Belltown office tower that changed hands for $33.6 million a...

Seattle skyline with Elliott Bay
CommercialFinanceIndustry NewsLeasing

Seattle’s 1000 Denny Way Office Loan Heads to Special Servicing Ahead of 2027 Maturity

A $56 million loan secured by the 263,000-square-foot office building at 1000 Denny Way has landed in special servicing weeks before its February...

Port of Tacoma
AECCommercialIndustry News

Tacoma’s Historic Union Station Courthouse Slated for $79MM Federal Renovation Beginning Late 2027

Federal officials are pressing ahead with a comprehensive overhaul of Tacoma's century-old Union Station courthouse, with construction on seismic and building-systems upgrades scheduled...

Office building
CommercialFinanceIndustry NewsLeasing

Integrus Lists Its 27,000 SQFT Pioneer Square Headquarters, the Union Trust Annex, for Sale or Lease in Seattle

The Seattle architecture firm has placed its longtime home — a roughly 125-year-old landmark it bought and seismically overhauled in 2007 — up...

Bellevue Washington Cityscape and Meydenbauer Bay Aerial View
AECIndustry NewsResidential

Bellevue Weighs 12th Revision to Spring District Plan, Converting North Blocks to 560 Units

Wright Runstad seeks to convert the Spring District's North Blocks from office to roughly 560 units of housing near Bellevue's light rail station.

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CommercialIndustry NewsLeasingPortland

Avangrid Expands Montgomery Park Lease to 55,000 SQFT in Portland

An energy company that relocated its Portland operations into Montgomery Park four years ago is growing rather than shrinking its footprint there, a...

Buildings
CommercialFeaturedIndustry NewsPortland

Operating Seattle and Portland’s Buildings Fuels a $18.7BN Economic Engine, BOMA Study Finds

A new economic-impact study from BOMA International sizes the Pacific Northwest's building-operations economy, finding that metro Seattle and Portland together sustain more than...

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CommercialFeaturedHospitalityIndustry NewsResidential

Downtown Seattle Draws Nearly 3.8MM Visitors in August, Topping 2019 as Office Return Holds at 62%

Nearly 3.8 million unique visitors and 9.2 million total visits flowed into downtown Seattle in August, pushing tourism, hotel demand and residential occupancy...

Seattle skyline
AECCommercialFinanceIndustry NewsResidential

Onni Group Lands $41.7MM Financing to Advance Long-Delayed Block V Towers in Seattle

Eight years after paying $78.75 million for a pair of Denny Triangle parking lots, Onni Group has landed $41.7 million in financing and...

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CommercialFeaturedIndustry NewsLeasing

Seattle-Area AI Adoption Climbs Toward 28% as Puget Sound Office Vacancy Holds Near 28%

New federal survey data show businesses across the Seattle metro adopting artificial intelligence faster than the national average, handing the region's battered office...

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