Olympia
Commercial Brokers Association Taps Washington REALTORS Veteran Mary Hull-Drury as President and CEO
The Lynnwood-based commercial real estate cooperative hands its top job to a longtime Olympia lobbyist as the Pacific Northwest market navigates record office...
Washington Construction Payrolls Stall as Seattle-Tacoma-Bellevue Sheds 2,200 Jobs
Statewide employment held flat at 214,600 in March even as the Puget Sound’s largest metro continued a year-long contraction, deepening regional concerns about...
Washington Begins $16.5MM Teardown of 284,000 SQFT Capitol Office Building, Opening Prime Olympia Redevelopment Site
The General Administration Building’s demolition clears one of the most strategically positioned parcels on the Capitol Campus, with state archivists already lobbying for...
193-Unit College Pointe Apartments in Lacey Hits Market for First Time in 36 Years
Marcus & Millichap markets the original-ownership multifamily complex in one of Washington State’s tightest rental markets, where Thurston County vacancy has hovered near...
The Seven Bills Governor Ferguson Signed That Actually Matter (For Our Industry)
By Billy the Broker (I just want to stay anonymous) There’s an old magician’s trick—old as in Roman Coliseum old—called misdirection. While the...
Berschauer Group Plans 50-Unit Residential Conversion of Tacoma Office-Parking Building
The Olympia-based general contractor filed pre-application documents for the conversion of a four-story structure at 1149 Market Street Fifty residential units are planned...
Washington Senate Passes Historic 9.9% Income Tax on Millionaires in 27-22 Vote, Sending Shockwaves Through State’s Business Community
SB 6346, dubbed the “Millionaires Tax,” would generate an estimated $3.7 billion annually beginning in 2029, but critics warn the legislation could accelerate...
82-Unit Merritt Manor Apartments in Olympia Traded for $19.55MM
(Editor’s Note: According to Thurston County public records, the seller was an entity that shares an address with Grandview Management.) OLYMPIA, Wash. (Feb....
Dave’s Hot Chicken Targets 11 New Western Washington Locations as Billion-Dollar Brand Accelerates Puget Sound Growth
The Nashville-style hot chicken franchise, backed by Roark Capital, is seeking sites across the region from Bellingham to Olympia as its Capitol Hill...
96-Unit Gayteway at Hawks Prairie in Lacey Markets to Investors as Regional Supply Tightens
2022-vintage property targets institutional buyers as Seattle metro construction deliveries decline 33 percent and vacancy holds steady at 7.4 percent A 96-unit multifamily...
27-Unit Stateside Flats Listed for $4.9MM as Olympia Multifamily Draws Investor Focus
Residential property near downtown offers in-place income with rent growth potential As Washington’s capital continues to benefit from steady government employment and population...
Historic 18-Unit Rex Building Hits Market for $5.65MM in Downtown Olympia
Century-old mixed-use building offers 6.35 percent cap rate in Washington capital where sub-5 percent vacancy and limited new supply drive investor demand A...
