Puget Sound
Receiver Pursues Refinancing Instead of Sale for Tacoma Armory as Tacoma Arts Live Winds Down Operations
Court-appointed receiver Shelly Crocker is pursuing a refinancing of the Tacoma Armory's nearly $5 million in debt rather than selling the historic 1908...
172-Unit Senior Apartment Building Planned in Downtown Redmond Adjacent to Anderson Park
The ownership group behind a downtown Redmond hotel is pivoting to senior housing, with plans to build a 172-unit, six-story active adult apartment...
Inland Group Plans 294-Unit Affordable Apartment Tower Near Lynnwood Light Rail
Inland Group plans a 294-unit affordable apartment building in Lynnwood on a parking site linked to Nitze-Stagen, less than a mile from the...
Intercontinental Real Estate Corporation Sells Roosevelt Commons Office Complex in Seattle’s U-District for $27MM, 83% Discount to 2019 Value
A Seattle-area private buyer has acquired the full Roosevelt Commons office complex in the University District for $27 million — paying approximately $118...
Great Expectations Closes 102-Unit Puyallup Affordable Housing Project Without Tax Credits
A 102-unit affordable housing development in Puyallup has closed financing without Low-Income Housing Tax Credits therough the combination of recycled tax-exempt bonds, a...
Sound Transit Defers Ballard Light Rail Indefinitely as $35 Billion Shortfall Reshapes ST3 Buildout
Sound Transit's board has adopted a sweeping realignment of its voter-approved 2016 expansion plan, protecting the Everett-to-Tacoma spine while indefinitely deferring the Ballard...
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...
