SeaTac
$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...
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....
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...
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...
Stonewood Design Affiliate, Image Church Acquires 59,830 SQFT Wright Building in Bothell for $10.2MM
The high-flex property traded at roughly $170 per square foot, below its $10.77 million listing price, as the Puget Sound industrial market contends...
Pacific Northwest CRE Rising Stars: Brokerage Star
Six Exceptional Brokers Lead Market Innovation and Transaction Excellence Across the Region The Pacific Northwest’s commercial real estate brokerage sector showcases exceptional talent...
Seattle Multifamily Market Slows but Holds Firm as Investors Spend $2.8B and Prices Climb 11.8%
Rents decline 0.3 percent while occupancy holds at 95.5 percent, with transaction activity approaching 2023 levels amid elevated construction pipeline Seattle’s multifamily market...
Port of Seattle Announces Completion of Miller Creek Restoration Project Establishing 1.4 Acres of New Floodplain
$3.5 million interlocal partnership delivers critical salmon habitat and restores public access near Miller Creek Trail The Port of Seattle, the City of...
Puget Sound Industrial Real Estate Market Slows in Q3 as Vacancy Climbs to 8.2%
Major deals include BGO’s $176 million acquisition and Terreno’s $323 per square foot purchase as region adapts to cooling demand The Puget Sound’s...
Inland Group Sells 220-Unit Adara at SeaTac for $75MM
By The Registry Staff An apartment complex in SeaTac has traded hands recently. The property, known as Adara at SeaTac, was sold for...
Port of Seattle Secures Environmental Clearance for Wastewater Facility Enhancement Project at Seattle-Tacoma International Airport
The Port of Seattle has secured final environmental clearance for its Industrial Wastewater Treatment Plant Enhancement Project at Seattle-Tacoma International Airport. The comprehensive...
Westport Capital Partners Buys 107,400 SQFT Self-Storage Facility in Snoqualmie for $28MM
By The Registry Staff A self-storage facility in the Puget Sound region has a new owner. The Snoqualmie Ridge Storage in Snoqualmie was...
