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CommercialIndustry News

Microsoft Announces More Possible Cuts to Office Space

By Kate Snyder As the Puget Sound grapples with tech companies dropping office space, Microsoft has heralded that more could be to come,...

Puget Sound, Kidder Mathews, Seattle Industrial CRE Market Update 4th Qtr 2022, Pierce County, King County, Snohomish County, Thurston County, Seattle, Pacific Gateway Industrial Park, Link Industrial Properties, Blackstone, Panattoni Development Company, Property Reserve Inc, The Church of Jesus Christ of Latter-day Saints, MCA Realty, Lakewood Business Park, Lakewood
FeaturedIndustrialIndustry News

Report: Puget Sound Industrial Market Contends with Inflation, Construction Costs

By Kate Snyder The Puget Sound’s industrial market is contending with increased inflation, potential layoffs and rising construction costs, according to a report...

FinanceIndustry NewsResidential

20-Unit Alano Living in Seattle Sold for $8MM

By Kate Snyder An apartment complex in Seattle’s Ballard neighborhood was sold in a recent transaction for $8 million, or approximately $400,000 per...

AECCommercialIndustry NewsNews Releases

IonQ to Open 65,000 SQFT Quantum Computing Manufacturing Facility in Bothell, Invest $1B in Pacific Northwest

COLLEGE PARK, Md.–IonQ, Inc. (NYSE: IONQ), an industry leader in quantum computing, today announced plans to open the first known dedicated quantum computing...

CommercialFeaturedIndustry News

Amazon, Microsoft & Meta Closing Offices Will Make a Big Dent in the Puget Sound Office Market

By Vladimir Bosanac The Patagonia vest recession, a current economic condition that New York University Stern School of Business Professor Scott Galloway aptly...

FinanceIndustry NewsNews ReleasesResidential

SRM Development Secures $24.3MM in Financing for Six Affordable Housing Assets in Seattle

JLL Capital Markets arranged the acquisition financing for the 354-unit, SEDU portfolio through Fannie Mae, as well as the Amazon Housing Equity Fund...

Kidder Mathews, Seattle, Puget Sound, King County, Pierce County, Eastside, The Chapter, 35 Stone
CommercialFeaturedIndustrialIndustry News

Report: Seattle Office Market Remains ‘Highly Volatile’ at Year’s End

By Kate Snyder With the close of 2022, the Seattle office market continues to remain unsettled and highly volatile, according to a recently...

CommercialFinanceIndustry News

International Labor Union Purchases 63,695 SQFT Office Building in Tukwila for $11MM

By Kate Snyder A suburban city south of Seattle that saw a handful of sales transactions in 2022 is starting out the new...

CommercialFinanceIndustry NewsNews Releases

Single-Tenant Rite Aid in Renton Sold for $7.6MM

RENTON, WA, December 30, 2022 – The Leibsohn Vara Group of Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm...

Seattle, Puget Sound, Belltown, Bellevue, Downtown Design Review Board, Hot Rain Inc, ZO Architecture LLC, Bell Street, Belltown Inn, The Rendezvous, Jewelbox Theater, Antioch University Seattle, Elliott Bay, West Seattle, Capitol Hill
AECIndustry NewsResidential

Hot Rain, Inc., Plans to Bring 200-Unit Apartment Building to Seattle’s Belltown Neighborhood

By Kate Snyder A proposal to bring more than 200 apartments to Seattle’s Belltown neighborhood is in the process of making its way...

FinanceIndustry NewsNews ReleasesRetail

Two-Tenant 3,816 SQFT Retail Property in Everett Sold for $2.8MM

EVERETT, Wash. – Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales,...

FinanceIndustrialIndustry NewsNews Releases

Sienna Technologies Purchases Industrial Building in Mukilteo for $8.2 MM

Seattle, Wash. (January 13, 2023) – Sienna Technologies purchased an industrial building in the Harbour Pointe neighborhood of Mukilteo, Washington for $8,200,000. Kidder...

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