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CommercialFinanceIndustry News

Office REIT With Seattle, Richland Holdings Exits Bankruptcy as Creditors Take Control in $714MM Debt Cut

Office Properties Income Trust, the national REIT that owns five office buildings in Washington, has emerged from Chapter 11 after a court-supervised restructuring...

High angle aerial view of Puget Sound, seen from downtown Seattle.
CommercialFeaturedIndustrialIndustry NewsLife Science

BSI Brief Warns Puget Sound’s Tightening EHS and Climate Rules Are Redrawing the Cost of Operating Across Four Key Sectors

A new BSI executive brief argues that the greater Seattle region’s overlapping environmental, workforce and climate regulations have raised the operational bar for...

max-van-den-oetelaar-RORkqnp4ye4-unsplash-apartments
FinanceIndustry NewsResidential

78-Unit Redondo Terrace Apartment Community Listed for Sale in Federal Way

Redondo Terrace, a 78-unit, 1986-vintage apartment community at 29401 Pacific Hwy S in Federal Way, has been brought to market on behalf of...

Pizza
CommercialIndustry NewsLeasingRetail

Jet’s Pizza Hunts 1,400-1,800 SQFT Retail Sites Across 11 Washington Markets in Puget Sound Push

Detroit-style chain Jet’s Pizza is scouting inline and end-cap retail space in roughly a dozen Washington submarkets, deploying a compact off-premise format that...

fernando-hernandez-azOupDDldt4-unsplash-tacoma
Industry NewsRetail

Supreme Dumplings Opens at Tacoma Mall’s The Village, Completing Simon Property Group’s Dining District on Former Sears Site

The opening of a soup dumpling restaurant at Tacoma Mall has completed the tenant lineup for The Village, the 25,000-square-foot dining district that...

Building with sawtooth roof line
FinanceIndustrialIndustry News

Georgetown Brewing Company Acquires 36,544-SQFT Warehouse in Seattle for $10.2MM

Georgetown Brewing’s affiliate Rain Song Holdings paid a 70 percent premium over the regional industrial sales average to land a 36,544-square-foot warehouse steps...

text reading AI
CommercialFeaturedIndustry NewsLeasing

Seattle Ranks as Nation’s No. 3 AI Metro in Hubble Study as Tech Tenants Anchor Puget Sound Office Recovery

Hubble’s new ranking of the most AI-ready U.S. metros names Seattle the country’s third-strongest AI hub and the highest-scoring market outside the Bay...

View of Seattle skyline at night
AECFinanceIndustry NewsResidential

Jenkins Properties Secures $47MM Construction Loan for 137-Unit Roosevelt Manor in Seattle

A Greenwich, Connecticut-based alternative lender has made its Seattle debut with a $47 million construction loan for a transit-oriented apartment development in the...

San Mateo, Essex Property Trust, BRE Properties
AECIndustry NewsNews ReleasesResidential

C&A Development, Amazon Partner on 67-Unit Pointe at Thomas Affordable Housing Project in Seattle Backed by $18.1MM in Financing 

A former Seattle Seahawk, a major technology company, and a nearly century-old credit union have joined forces to break ground on a 67-unit...

Rendering of apartment building design
AECIndustry NewsResidential

Construction Continues on Carmel Partners’ 573-Unit Overlake Village Mixed-Use Development in Redmond 

A major transit-oriented apartment project is cresting the roofline in Redmond’s Overlake neighborhood, reaching its structural topping milestone at a moment when two...

FinanceIndustry NewsLeasingRetail

Grocery Outlet- and Ross-Anchored Mount Vernon Center Hits Market at $15.55MM in Mount Vernon

A 100,155-square-foot neighborhood retail center in Mount Vernon, anchored by Grocery Outlet and Ross Dress for Less and 98 percent leased, has been...

Teacher Retirement System of Texas, Bridge Industrial, Texas Pension Fund
FinanceIndustrialIndustry News

Calista Real Estate Buys 51,000 SQFT Manufacturing Warehouse in Woodinville for $15.1MM

A San Francisco-based seller has divested a 50,958-square-foot industrial building in Woodinville to a local Issaquah-based entity, in a King County transaction that...

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PNW CRE Rising Stars

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