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Sound Transit station
CommercialFeaturedIndustry News

Kirkland Pushes Sound Transit to Preserve Line 4 Light Rail Amid $34.5 Billion Funding Shortfall

The Eastside city warns that an indefinite deferral of the voter-approved project would leave significant mobility needs unmet for decades. The City of...

Aerial view of Tacoma
AECCommercialIndustry NewsNews Releases

Ameresco Delivers $7.8MM Infrastructure Upgrade for Tacoma Public Schools to Enhance Energy Efficiency

Progressive Design-Build project modernizes HVAC systems at a historic learning facility, improving efficiency and long-term cost-savings for the local community Ameresco delivers a...

Apple Store
FeaturedIndustry NewsLeasingRetail

Seattle Retail Market Holds Steady in Q1 2026 as Vacancy Creeps Higher and Tenants Grow More Selective

Stable rents and disciplined construction are keeping Puget Sound retail fundamentals intact, but negative net absorption and cautious leasing point to a market...

fernando-hernandez-azOupDDldt4-unsplash-tacoma
CommercialFinanceIndustry News

Welltower Sells 124-Bed Birch Creek Post Acute & Rehabilitation in Tacoma for $11.9MM

The disposition of the 43,248-square-foot skilled nursing facility in Pierce County aligns with Welltower’s broader strategy to shed post-acute assets and redeploy capital...

fernando-hernandez-azOupDDldt4-unsplash-tacoma
FinanceIndustry NewsResidential

Investors Management Group Sells 108-Unit Valley Vista Apartments in Tacoma for $15.9MM

The 1986-vintage garden-style community near Tacoma Mall traded at roughly $147,200 per unit, below the regional metro average, as investor appetite for suburban...

Sound Transit station
AECFeaturedIndustry News

Sound Transit Confronts $35 Billion Budget Gap Threatening Voter-Approved Light Rail Expansion Across Puget Sound

The regional transit agency is pursuing an agency-wide cost-cutting initiative as inflation and rising construction expenses jeopardize the $53.8 billion ST3 plan approved...

Space Needle between two apartment buildings in Seattle
FeaturedFinanceIndustry NewsResidential

Puget Sound Apartment Market Hits $6 Billion in Transaction Volume as Institutional Investors Return to the Region

The Simon | Anderson Multifamily Team at Kidder Mathews delivered its spring market outlook at its 26th investor forum, citing a surge in...

Port of Tacoma aerial view
AECFeaturedIndustry NewsResidential

Port of Tacoma Highlights $10 Billion Economic Impact, Major Infrastructure Push in 2026 State of the Port

Annual video report showcases Maritime Center construction, Blair Waterway deepening plans, and workforce development milestones across Pierce County The Port of Tacoma has...

daniel-neuhaus-FGFwCwGPjpI-unsplash-homes houses neighborhood
AECFinanceIndustry NewsResidential

Toll Brothers Acquires 18.2-Acre Browns Point Land Site in Tacoma for $10.7MM

The nationally traded homebuilder paid approximately $588,000 per acre for undeveloped land in one of Tacoma’s most sought-after waterfront-adjacent neighborhoods, where it intends...

fernando-hernandez-azOupDDldt4-unsplash-tacoma
FinanceIndustrialIndustry News

Pacific Maritime Association Acquires 10,200 SQFT Tacoma Training Facility for $10.5MM

The sale consolidates ownership of the Pacific Northwest Training Center within Portside 55 East, a maritime-oriented development on Port of Tacoma ground-lease land...

View of Seattle skyline at night
FinanceIndustry NewsRetail

Tourmaline Capital Acquires 43,000 SQFT Harvard Market Shopping Center in Seattle for $14.2MM

The value-add acquisition of the 55 percent-leased retail center on Broadway closes at a 15 percent discount to the sellers’ 2007 purchase price...

sandy-millar-u1KG_wZTnkg-unsplash
FinanceIndustry NewsNews ReleasesResidential

Legacy Partners, Silverpeak Announce Development of 138-Unit Ravine Ridge in Port Orchard with $24.28MM Construction Loan

Partnership closed loan from PNC for $24.28 millionPORT ORCHARD, Wash. (Feb. 25, 2026) – Legacy Partners (“Legacy”), a privately held national real estate...

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