Puget Sound
City of Bellevue Approves Soma Homes’ 19-Townhome Bel-Red Project on 1.15-Acre Office Site
The four-year-old Puget Sound builder will demolish a two-story business park at 12505 NE Bellevue-Redmond Road and replace it with four buildings of...
Second Nick’s Magnificent Playground Planned in 17,352 SQFT Redmond Building After $5.9MM Purchase
The buyer paid roughly $340 per square foot for the former Perma-Chink Systems headquarters near Marymoor Park and is already eyeing a third...
PMF Investments Lists 2.86-Acre Redmond Inn Assemblage as Mixed-Use Redevelopment Play Near Microsoft
The Bellevue investor, which paid $20.2 million for the 137-room hotel and adjacent Family Pancake House two years ago, has tapped Newmark to...
Pacific Development Partners Lists 57-Unit Union 18 in Seattle’s Capitol Hill
Santa Monica investor markets two-building, 45,822-SQFT property at 1140 18th Ave with appraised value of $12.7MM, roughly 39 percent below its $20.8MM acquisition...
Demolition Underway on Stalled Bellevue Hotel Foundation, Clearing Path for 146-Unit SRM Affordable Project
The teardown ends a nearly six-year stall on a 4.5-acre Mercer Slough-adjacent site and triggers Phase II of an Amazon-backed development designed to...
Maersk to Shutter 205,000 SQFT Lakewood Warehouse as Puget Sound Industrial Vacancy Hits Record High
The Danish shipping giant will lay off 44 workers on June 30, joining a wave of logistics retrenchment across a Pacific Northwest market...
161-Unit Belltown and Queen Anne Multifamily Portfolio in Seattle Hits the Market for Sale
The Sidney and Queen Anne Flats hit the market as investor appetite returns to Seattle’s urban core, with the combined offering carrying an...
PMF Investments Sells 35,000 SQFT Homeport Building and 118-Slip Marina Site in Kirkland for $46MM
The trophy Lake Washington waterfront asset cleared a complex disposition shaped by mixed product types, a below-market anchor lease and deferred maintenance —...
Tacoma Council Sets May 19 Hearing on 2026 Zoning Overhaul as Home in Tacoma Pipeline Swells 62 Percent
City pushes deeper into middle-housing reform with amendments expanding special-needs housing zones, easing childcare rules, and queuing up annexation along McKinley Avenue East....
AEW Capital Management Sells 75-Bed Senior Living Facility in Seattle for $13MM
The Mercer Island-based operator expands its Puget Sound footprint with the purchase of a 75-bed senior living community in one of Seattle’s most...
Auto Accessories Sells Century-Old 23,000 SQFT Capitol Hill Warehouse for $10.1MM in Seattle
The sale of the 1920-era Auto Accessories building on 13th Ave. closes a chapter on one of Capitol Hill’s last auto row holdouts...
Bosa Clears Bellevue Strip Mall to Build 143-Unit Park Row Condo Tower Next to Downtown Park
Vancouver-based developer begins demolition on $109MM, 22-story luxury project as Eastside condo inventory swells and pricing softens. Bosa Development has begun tearing down...
