Puget Sound
SRM Development Lands $72.5MM Bank OZK Construction Loan for 239-Unit Brizo Apartments in Downtown Bellevue
Spokane-based SRM Development has lined up $72.5 million in construction financing from Bank OZK to build Brizo, an eight-story, 239-unit market-rate apartment building...
Seattle’s AI Footprint Grows 42% Since 2024, Nearly Matching San Francisco’s Pace, JLL Report Finds
A 2026 JLL study ranks Seattle as the nation's third-largest pool of senior artificial intelligence talent and one of two strong secondary markets...
Seattle’s Security Properties Cuts Deal Underwriting to Minutes as Puget Sound Embraces AI
Seattle-based Security Properties has put a proprietary AI underwriting engine into its acquisition pipeline, and with Seattle, Everett and Bellevue piloting AI permit...
Regus Takes 24,000 SQFT at Historic Cornerstone Building in Downtown Tacoma
Flexible-office giant Regus has leased 24,230 square feet in downtown Tacoma's 134-year-old Cornerstone Building, the only Tacoma deal on Savills' list of the...
Crusoe Adds 46,000 SQFT at Key Center in Bellevue Weeks After $3.9 Billion Raise
Denver-based Crusoe has signed for an additional 46,475 square feet at Kilroy Realty's Key Center in downtown Bellevue, a deal that multiplies the...
Puget Sound Office Leasing Cools to 1.3MM SQFT as Availability Eases to 26.1%
Seattle/Puget Sound office leasing slowed to 1.3 million square feet in the third quarter after two blockbuster quarters, but availability, sublease supply and...
125-Unit Chambers Reserve Build-to-Rent Townhome Community in Lacey Sells for $53MM
The newly built Lacey community of three- and four-bedroom townhomes sold for about $424,000 per unit, roughly 53 percent above the Puget Sound...
Seattle, Portland Post Highest Big-Box Warehouse Construction Costs in the Americas
Seattle and Portland now carry the highest costs in the Americas for big-box warehouse construction, with a 901,000-square-foot shell running about $100 million...
Trepp: Seattle Office Slips, but Seattle Apartments and Portland Self-Storage Rank Among West’s Safest
Trepp analysts told a national webinar audience that Seattle's office market is weakening at the margins, even as the metro's multifamily loans and...
The Registry Ranks: Puget Sound Office Submarkets for AI Tenants — Bellevue Wins, and Downtown Seattle Isn’t Dead (It’s Just on Sale)
AI firms have driven roughly a fifth of Seattle-area leasing this year. We ranked seven submarkets for one specific buyer — an AI...
Realty Income Buys 501,000 SQFT Fife Warehouse From Clarion Partners for $108MM
Clarion Partners has sold its fully leased Pacific Coast Corporate Park distribution building in Fife to Realty Income for about $215 per square...
Seattle Sheds 18,605 Jobs as Downtown Absorbs 70% of Losses, DSA Report Finds
The Downtown Seattle Association's new employment report finds that Seattle shed 18,605 jobs between 2024 and 2025, with downtown absorbing roughly 13,000 of...
