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AECIndustrialIndustry NewsLeasing

Panattoni’s 406,000 SQFT Des Moines Creek Spec Building Nears Sept. 1 Delivery

Panattoni Development Company is bringing a roughly 406,000-square-foot speculative warehouse to market next to Sea-Tac Airport just as the region’s broader industrial construction...

sea-tac airport
AECCommercialIndustry News

Port of Seattle Commits $1.1B to $2.5B Sea-Tac S Concourse Overhaul

The Port of Seattle Commission cleared the first $1.1 billion of a $2.5 billion plan to rebuild the airport’s oldest concourse from the...

Property graphic with money
CommercialFeaturedIndustrialIndustry NewsLeasing

Seattle CBD Land Values Fall 47%, Bellevue Rises 1.72% in King County Revalue

King County’s 2026 commercial revalue stripped $3.12 billion from the county’s assessed commercial base, and a single appraisal area covering downtown Seattle and...

Warehouse with trucks
AECFeaturedIndustrialIndustry News

Puget Sound’s Industrial Construction Pipeline Craters 93% Even as Spec Deliveries Flood a 12.6% Vacancy Market

A cluster of large speculative projects delivered or broke ground across the Puget Sound in the second quarter even as developers slammed the...

airport photo with a plane pushing out
AECCommercialFinanceIndustry NewsResidential

Two SeaTac Development Sites Listed for $7.6MM With 200-Unit Multifamily Potential Near the Airport

Kidder Mathews is marketing a pair of adjacent SeaTac parcels totaling roughly 1.3 acres that could support more than 200 residential units, positioning...

fernando-hernandez-azOupDDldt4-unsplash-tacoma
CommercialIndustrialIndustry NewsLeasing

ICE Expands GEO Group’s Tacoma Facility, Seeks 1,500 More Beds Near Seattle

Federal immigration authorities are moving to sharply enlarge their detention footprint across Washington while insisting they have no plans for Oregon, even as...

Seattle, Mortenson, Capitol Hill, RLB Crane Index, AIA/Deltek Architecture Billing Index
AECCommercialFeaturedIndustry NewsResidential

Puget Sound’s $50MM-Plus Building Pipeline Swells to Nearly 60 Projects, Led by Bellevue’s $2.6B Spring District

A new tally of the region’s active construction shows nearly 60 projects each carrying price tags above $50 million, with public infrastructure, airport...

sea-tac airport
AECCommercialFeaturedIndustry NewsRetail

Port of Seattle Opens $399MM, 145,000 SQFT C Concourse Expansion at SEA Airport, Built Up Rather Than Out

Facing one of the most space-constrained footprints of any major U.S. airport, the Port of Seattle has opened a vertical, four-story C Concourse...

Hotel sign on top of silhouette of a hotel building
FeaturedFinanceHospitalityIndustry News

$23.6MM DoubleTree Suites Loan Near Seattle Airport Lands in Special Servicing as CMBS Maturity Wall Crashes Hotels

The 219-suite DoubleTree Suites Seattle Airport-Southcenter was transferred to special servicing on May 26, the latest 2016-vintage hotel mortgage to fail a refinancing...

Seatac airport
AECFeaturedIndustry News

Port of Seattle Unveils 31-Project Blueprint to Expand SEA for 56 Million Passengers by 2032

The Port’s Draft Environmental Impact Statement opens public comment on a sweeping near-term expansion anchored by a second terminal and 19 new gates....

Hotel sign on top of silhouette of a hotel building
FeaturedHospitalityIndustry News

Seattle Hoteliers Stare Down Potential ‘Non-Event’ World Cup as 80 Percent Track Below Plan

Visa barriers, FIFA room block releases, and last-minute cost hikes are pulling Seattle into the most underperforming tier of the 11 U.S. host...

hotel sign on top of a building
FinanceHospitalityIndustry News

Park Hotels & Resorts Sells 396-Room Hilton Seattle Airport & Conference Center for $18MM

The full-service hotel, one of the largest conference-equipped properties near Seattle-Tacoma International Airport, traded at roughly $45,500 per key just weeks before Seattle...

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