Puget Sound
KG Investment Properties Completes 705,680 SQFT Building B at Sumner’s Pacific NW Logistics Center
KG Investment Properties has completed the larger of two speculative warehouses at its 82-acre Pacific NW Logistics Center in Sumner, handing Colliers more...
Seattle Light Rail Tops U.S. Ridership in April as East Link Opening Reshapes Eastside Development Map
Sound Transit’s light rail network carried more riders in April than any other light rail system in the country, a record run that...
Lennar Trims Buyer Incentives for First Time in Three Years as Tech Job Jitters, Data Center Boom Reshape Northwest Housing Math
Lennar’s second-quarter results showed sales incentives falling for the first time in three years, a tentative sign of margin recovery that arrives as...
Port of Subs Targets Washington Growth, Hunting 1,500-to-2,500-SQFT Retail Sites Across Puget Sound
Port of Subs, the 54-year-old Reno-born sandwich chain now backed by private equity and chasing a national footprint, has put Washington squarely in...
Theater Designer Converts 8,510 SQFT Wallingford Industrial Building into ExoArts Black Box Venue in Seattle
A Seattle theatrical designer has acquired a nearly 60-year-old industrial building in Wallingford and tapped one of the region’s premier cultural-space architects to...
Synergy Breaks Ground on 37-Room Candlewood Suites at Seattle’s Swedish Cherry Hill After 13-Year Wait
A long-vacant sliver of land tucked inside a hospital parking garage on Seattle’s First Hill is finally moving after more than a decade...
National Lab Market Turns the Corner, But Seattle Risks Being Left Behind in Uneven Recovery
The U.S. life sciences real estate market has finally bottomed out after four years of turbulence, according to JLL’s new national lab report,...
BKM Capital Partners and Kayne Anderson Acquire 448,549 SQFT Kent Valley Industrial Park for $93.6MM as Part of Portfolio Deal
The $93.6 million acquisition of a portion of a Kent Valley industrial park by BKM Capital Partners and Kayne Anderson Real Estate represents...
Bellevue School District Files Plans for Construction of 140,000 SQFT School in Wilburton Neighborhood
With land use applications now filed with the City of Bellevue, the Bellevue School District is advancing plans to demolish the aging International...
Lee & Associates Pacific Northwest Taps Developer Scott Hutchinson as President, Bowles Moves to Executive Managing Director
Lee & Associates Pacific Northwest has installed developer and operator Scott Hutchinson as its new president, handing day-to-day command of its Washington brokerage...
Redmond Acquires 9.1-Acre Site from Heidelberg Materials for $38.5MM to Build New Maintenance and Operations Center
City Council Approves Acquisition of 9.1 Acres from Heidelberg Materials (Editor’s Note: CBRE PNW Capital Markets’ Tom Pehl, Charles Safley and Jeff Hodson...
Vulcan Real Estate Eyes Potential Deal on 365,000 SQFT Office Tower in Downtown Bellevue
The prospective acquisition — which would include the Amazon-leased West Main Tower 1 that Vulcan listed through Newmark in February — would mark...
