Sacramento
Surprising Trends in Q3 2024: Multifamily Demand Outpaces Record Apartment Supply
In a recent Q3 2024 commercial real estate update, John Chang, senior vice president of research at Marcus & Millichap, highlighted notable trends...
Schnitzer Properties Buys Four Industrial Buildings Totaling 228,000 SQFT in Auburn for $47.5MM
By Kate Snyder Four industrial buildings in Auburn traded hands recently, showing that the region continues to record sales transactions. The properties were...
Macerich Stumbles with $127.7MM in Losses in Q1 2024
The reign of the American shopping mall may be drawing to a close, but not without a fight. Mall owner Macerich, a titan...
CENTRL Office Takes Over 53,000 SQFT of Former WeWork Space in Seattle’s Kelly-Springfield Building
Seattle, Wash. (March 22, 2024) – CENTRL Office has signed on to take over the former WeWork space at Capitol Hill’s Kelly-Springfield Building....
California State Workers Face Return-to-Office Mandate Amid Budget and Policy Shifts
California’s Employment Development Department (EDD) is calling its civil servants back to the office, aligning with a broader trend among state agencies. EDD...
Tacoma-Based Harbor Custom Development Files for Chapter 11 Bankruptcy
TACOMA, Wash, Dec. 11, 2023 — Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) (collectively with certain of its wholly owned subsidiaries...
Report: San Francisco, Seattle Top Best Markets in Tech Talent
By Kate Snyder The Bay Area and the Puget Sound region topped CBRE’s list of best markets for tech talent in a recently...
Harbor Custom Development Contracts to Sell Planned 138-Unit Apartment Site in Port Orchard for $11MM
TACOMA, Wash, April 28, 2023 — Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) (“Harbor,” “Harbor Custom Homes®,” or the “Company”), a...
Redfin Reports Housing Markets in West Coast Hubs and Zoom Towns Cooling Fastest
SEATTLE— (NASDAQ: RDFN) — Housing markets in tech hubs and pandemic migration hotspots are cooling more rapidly than other parts of the U.S...
Redfin Reports Pending Sales Drop to Lowest Level Since at Least 2015
The homes that are selling are going for about the same price as a year earlier, with nationwide prices up just 0.5% year...
Washington State Investment Board Allocates new $750MM to Calzada Capital Partners
By Jon Peterson The Washington State Investment Board (WSIB) is looking to allocate additional funds into the real estate sector with an investment strategy...
CalPERS Allocates $2B of Additional Capital for Retail Partnership with First Washington
By Jon Peterson While the retail sector has been one of the hardest hit during the global COVID-19 pandemic, there are signs that...
