Puget Sound
Seattle Office Market Vacancy Climbs to 22.7% as Challenges Persist
Leasing activity rises but negative absorption of 2.23 million SQFT year-to-date continues upward pressure on vacancies The Seattle office market is sending conflicting...
Seattle Industrial Market Hits 10.1% Vacancy as Supply Outstrips Demand
Year-to-date absorption falls to 1.1 million square feet while developers pull back on new construction The Seattle-Puget Sound industrial real estate market is...
HB Management Sells 40-Unit Roosevelt Apartment Building in Seattle for $6.2MM
HB Management unloads 40-unit property near transit station as part of $16 million land swap with Issaquah retailer Tax-deferred real estate exchanges have...
City of Redmond to Purchase 3.25-Acre Community Center Property from Lake Washington Institute of Technology for $18.5MM
REDMOND, WA – The City of Redmond today announced that it has entered into a purchase and sale agreement with Lake Washington Institute...
TruAmerica Multifamily Investments Buys 196-Unit Plum Tree Park Apartments in Renton for $47.4MM
By The Registry Staff An apartment complex in Renton has traded hands. The property was sold for $47.4 million, or about $241,836 per...
Widmyer Corporation Buys 21-Unit Mixed-Use Greenlake Pointe in Seattle for $10MM
(Editor’s Note: According to King County public records, the buyer was an entity affiliated with Widmyer Corporation, and the seller was an entity based...
Microsoft Renews 44,700 SQFT Lease at Bellevue’s Lincoln Square North for LinkedIn Subsidiary
By The Registry Staff Microsoft Corp. continues to maintain its last major foothold in downtown Bellevue after shedding nearly 2.7 million square feet...
Newly Built 46-Unit Poulsbo Apartment Complex Listed for Sale as Kitsap County Development Accelerates
Built in 2023, the 661-square-foot average units at The Sophie offer $2,210 average rents Small-scale apartment properties built during the recent construction boom...
I-5 Corridor Industrial Market Shows Signs of Stabilization Amid Construction Boom
From the Canadian border to Oregon, Washington’s critical logistics spine shows mixed signals as developers bet big on long-term demand The industrial real...
Phillips Edison & Company Buys 200,000 SQFT Retail Property in Milton for $41MM
By The Registry Staff Several retail properties in Milton have traded hands. The buyer was an entity affiliated with Phillips Edison & Company,...
Puget Sound Industrial Real Estate Market Slows in Q3 as Vacancy Climbs to 8.2%
Major deals include BGO’s $176 million acquisition and Terreno’s $323 per square foot purchase as region adapts to cooling demand The Puget Sound’s...
Voodoo Doughnut Bets on Bellevue as Portland Chain Expands Despite Retail Headwinds
The quirky doughnut brand is opening its 25th location in downtown Bellevue this weekend, doubling down on the Puget Sound market as regional...
