Puget Sound
Seattle Construction Costs Rise 2.4% as Labor Market Shrinks 7% in Challenging Quarter
Seattle’s construction market experienced a measured 2.37 percent cost increase in the second quarter of 2025, positioning the Pacific Northwest hub near the...
Bothell’s Biotech Blues: A Life Sciences Hub Under Pressure
A string of facility closures and workforce cuts threatens the Seattle suburb’s ambitions to become a major biotech center The signs of distress...
Construction to Begin on Johnson & Carr’s 134-Unit Mixed-Use Project in Seattle’s Eastlake
By The Registry Staff Seattle-based Johnson & Carr is set to begin construction on a 134-unit mixed-use apartment development in Seattle, according to...
Steel Peak Acquires 2.4-Acre Industrial Outdoor Storage Property in Pacific for $6.2MM
SEATTLE, WASH., August 26, 2025 —Steel Peak, a commercial real estate investment firm focused on industrial outdoor storage (IOS) properties, announced today that...
Isola Communities Sells Multifamily Development Site in Seattle Trades for $12.9MM
By The Registry Staff A multifamily development site in Seattle was sold recently. According to an announcement from Berkadia, a property known as...
Mortenson, Development Partners Celebrate Milestone at 750,000 SQFT North Tower Project on Seattle’s First Hill
The North Tower’s unique steel structural system saves Providence Swedish significant time and budget, and offers flexibility for future modifications in the patient-care environment SEATTLE...
Spear Street Capital Buys 137,900 SQFT Market Place in Seattle for $60.1MM
By The Registry Staff A mixed-use asset adjacent to Seattle’s iconic Pike Place Market has traded hands. The buyer was an entity affiliated...
Horizon Partners Northwest Secures $26.5MM Financing for 75-Unit Office-to-Residential Conversion Project in Tacoma
(Editor’s Note: According to a report from the Puget Sound Business Journal, the loan was originated by Idaho Central Credit Union.)Horizon Partners Northwest...
Stantec Leases 10,900 SQFT at Axis 9 in Seattle’s Denny Triangle District
By The Registry Staff In a sign of a slowly recovering office market, engineering firm Stantec has inked a lease for space in...
81-Unit Student Housing Property at Seattle University Brought to Market
A purpose-built student housing community comprising 81 units and 259 beds at 1223 E Cherry St. has been placed on the market by...
Alterra Property Group Buys Multiple Office, Manufacturing Sites in Tacoma for $12.1MM
By Kate Snyder An office and manufacturing property traded hands in Tacoma recently. According to Pierce County public records, several properties that spanned...
PEMCO Insurance Company Adds 87,200 SQFT Headquarters in Seattle to Leasing Market
By The Registry Staff One of the Pacific Northwest’s insurance companies is adding an office building to Seattle’s leasing market. PEMCO Mutual Insurance...
