Puget Sound
Google Anticipates $500MM in Exit Costs Related to Consolidating Office Space in the First Quarter of 2023
By Kate Snyder As tech companies look to decrease their office footprints, Google’s parent company, Alphabet, Inc., announced that it anticipates absorbing about...
Southwest Design Review Board Moves Forward a Proposal for a 100-Unit Assisted Living Facility in Seattle
By Kate Snyder A proposal for a new assisted living facility in Seattle took another step toward completion. During an Early Design Guidance...
Seattle Convention Center’s 1.5MM SQFT Summit Building Completed, Represents $2B Investment
The addition nearly doubles the capacity of the convention center and represents the first substantial expansion since 2001. The project is the first...
Seattle’s Northeast Design Review Board Approves Proposal for 230-Unit Apartment Building
By Kate Snyder A proposal for a 230-unit apartment building in Seattle’s Wallingford neighborhood is moving forward in the city’s design process. During...
Green Leaf Capital Partners Buys 151-Unit Seattle Apartment Building for $48.5MM
By Kate Snyder Multifamily communities in the Puget Sound region are still attracting investors as a Seattle apartment complex recently traded hands for...
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...
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...
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...
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...
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...
