Seattle
Owner-Users Outbid Investors for Puget Sound Office Buildings, Paying Up to $969 Per SQFT as Downtown Towers Trade Near $58
Buyers that intend to occupy what they buy paid well above investor pricing for smaller Puget Sound office buildings in the third quarter...
New Supply, Not Lost Tenants, Drove Puget Sound Industrial Vacancy to 12% as Pipeline Shrinks 74%
The Puget Sound's industrial vacancy rate nearly tripled from 4.3 percent to 12.0 percent over roughly four years, but CBRE's latest numbers show...
Simon Property Group Strikes Deal for Seattle’s 600,000 SQFT University Village, Ending 30-Year Local Ownership Run
Simon Property Group has agreed to buy University Village, the nearly 600,000-square-foot open-air shopping and dining destination beside the University of Washington, prying...
Eaton Vance Affiliate Pays $87.3MM for 359-Unit Assembly118 Apartments at Seattle’s Othello Station
An entity affiliated with Eaton Vance’s Real Estate Investment Group has bought a 359-unit apartment building next to Seattle’s Othello light rail station...
Harborview Medical Center Expansion Costs Swell 70% to $3B, Far Outrunning Seattle’s $1.74B Voter-Approved Bond
King County staff told the County Council that the estimated cost of renovating and expanding Harborview Medical Center on Seattle's First Hill has...
Port Terminal Operator Carrix Takes Four Floors for New HQ at Urban Visions’ Long-Vacant 146,000 SQFT The Jack in Seattle’s Pioneer Square
Carrix, the Seattle-based parent of port terminal operator SSA Marine, is moving its headquarters into four floors of The Jack at 74 S....
Seattle’s Office-to-Housing Pipeline Totals Just 401 Units as Downtown Vacancy Sits at 35.4%
Seattle's four city-tracked office-to-housing conversions add up to about 401 apartments, a sliver of a downtown market that still has more than 19...
West8’s Move-Ins Lag Its Leasing as Kilroy’s Seattle Tower Hits 58% Leased but 37% Occupied
Kilroy Realty's West8 tower in Seattle's Denny Triangle is now 58.4 percent leased but only 36.7 percent occupied, leaving roughly 116,000 square feet...
Downtown Seattle Hotels Hit 108% of 2019 Demand as Office Foot Traffic Stalls at 62%
The Downtown Seattle Association's latest monthly dashboard shows September hotel demand and visitor counts running ahead of 2019 levels while weekday office attendance...
Post Real Estate Group Buys 236-Unit Porchlight Apartments in Federal Way for $56.25MM, Locking In 80% AMI Rents
Beverly Hills-based Post Real Estate Group has bought Porchlight, a renovated 236-unit garden community in Federal Way, and will hold every apartment for...
Washington Sheds 15,400 Jobs in September as Back-to-School Hiring Falls Short; Unemployment Eases to 4.8%
Washington employers cut an estimated 15,400 seasonally adjusted jobs in September 2026, the state's second straight monthly decline, as state government and private...
Bellwether Housing, Chief Seattle Club Set $74.5MM Budget for 200-Unit Thunderbird Nest at North Seattle College
Bellwether Housing and Chief Seattle Club have put a name, a price tag and a schedule on the 200-unit, Native-focused affordable housing project...
