Puget Sound
Essex Property Trust Reports 3.1% Revenue Growth in Seattle Metro as Supply Pressures Ease
West Coast apartment REIT posts solid Pacific Northwest results despite regional occupancy dip, projects strengthening market conditions ahead Essex Property Trust’s Seattle metro...
Alaska Airlines Unveils 660,000 SQFT Global Training Center in Renton
Thousands of Alaska Airlines and Hawaiian Airlines employees will now undergo training in a new 660,000-square-foot, state-of-the-art facility, which officially opened its doors...
Uber Explores Major Bellevue Expansion at Four106 Tower
Ride-hailing giant in talks for downtown tower space as expansion beyond Seattle headquarters amid tech firm migration to Eastside Uber Technologies Inc. is...
Databricks in Talks to Significantly Increase Bellevue Footprint with Four106 Tower Lease
AI analytics firm negotiating for bulk of downtown Bellevue’s newest office tower as company prepares for anticipated public offering Databricks Inc. is negotiating...
Life Time Fitness Buys 143,000 SQFT Former Fred Meyer in Redmond for $32MM
Redmond’s Vacant Fred Meyer Finds New Owner in Fitness Industry A Fred Meyer property in Redmond that closed last year has traded hands....
Intercontinental Real Estate Corporation Sells 228,000 SQFT 222 Fifth Life Science Property in Seattle for $50MM
Former Phoenix Suns owner’s affiliate purchases 222 Fifth, a 228,000-square-foot biotech hub in South Lake Union housing early-stage startup incubator A large life...
32-Unit Heather Court Apartment Property Listed at $5.25MM in Tacoma
Value-add Tacoma multifamily offering targets rent growth and renovation upside outside city regulations As investors continue to weigh where rent growth and operational...
96-Unit Gayteway at Hawks Prairie in Lacey Markets to Investors as Regional Supply Tightens
2022-vintage property targets institutional buyers as Seattle metro construction deliveries decline 33 percent and vacancy holds steady at 7.4 percent A 96-unit multifamily...
City Of Seattle Invests In 12 Organizations to Support Projects Led by Communities Affected by Climate Change
Seattle, WA — Seattle’s Environmental Justice (EJ) Fund today announced grants to 12 organizations to support programs covering climate change adaptation, education, youth...
Pacific Northwest Multifamily Markets Navigate Divergent Paths
Seattle Attracts Surging Investment While Portland Struggles; Regional Performance Splits on Development and Demand Fundamentals The Pacific Northwest’s two largest multifamily markets delivered...
Google Acquires 79,200 SQFT Industrial Building in Redmond for $35.2MM
Tech giant purchases asset from Unico Properties, converting from tenant to owner An industrial building in Redmond traded hands recently as investors continue...
Port of Seattle Announces Completion of $546MM SEA Gateway Project at Seattle-Tacoma International Airport
New technology, a redesigned checkpoint, bag claim upgrades, and public art improve customer experience The Port of Seattle joined Alaska Airlines to celebrate...
