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CommercialIndustry News

Databricks in Talks to Significantly Increase Bellevue Footprint with Four106 Tower Lease

AI analytics firm negotiating for bulk of downtown Bellevue’s newest office tower as company prepares for anticipated public offering Databricks Inc. is negotiating...

FeaturedIndustry NewsResidential

U.S. Home Prices Rise 0.4% in November as Regional Gaps Continue to Widen

Wells Fargo Economics points to modest but durable appreciation amid supply limits and affordability pressure After a period of cooling that stretched through...

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FinanceIndustry NewsLife Science

Intercontinental Real Estate Corporation Sells 228,000 SQFT 222 Fifth Life Science Property in Seattle for $50MM

Former Phoenix Suns owner’s affiliate purchases 222 Fifth, a 228,000-square-foot biotech hub in South Lake Union housing early-stage startup incubator A large life...

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FinanceIndustry NewsResidential

96-Unit Gayteway at Hawks Prairie in Lacey Markets to Investors as Regional Supply Tightens

2022-vintage property targets institutional buyers as Seattle metro construction deliveries decline 33 percent and vacancy holds steady at 7.4 percent A 96-unit multifamily...

CommercialHospitalityIndustry News

Seattle’s Vera Project Announces Ambitious $2.5MM Campaign and Expansion Plans for 25th Anniversary in Georgetown Neighborhood

Seattle nonprofit unveils three-pronged initiative including new Georgetown venue, weekly free concerts, and expanded programming to support all-ages music and art The Vera...

FeaturedIndustry NewsLife Science

Seattle Life Sciences Market Posts Modest Gains as Major Construction Project Completes

Pacific Northwest hub delivers 227,000 square feet of new lab space, accounting for more than 80 percent of national Q4 completions Seattle’s life...

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FinanceIndustry NewsNews Releases

City Of Seattle Invests In 12 Organizations to Support Projects Led by Communities Affected by Climate Change

Seattle, WA — Seattle’s Environmental Justice (EJ) Fund today announced grants to 12 organizations to support programs covering climate change adaptation, education, youth...

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FeaturedIndustry NewsPortlandResidential

Pacific Northwest Multifamily Markets Navigate Divergent Paths

Seattle Attracts Surging Investment While Portland Struggles; Regional Performance Splits on Development and Demand Fundamentals The Pacific Northwest’s two largest multifamily markets delivered...

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CommercialFeaturedFinanceIndustry News

Seattle Seahawks to Hit the Market After Super Bowl LX

Paul Allen’s Estate to Sell NFL Franchise in What Could Be Record $7-8 Billion Deal The Seattle Seahawks will be put up for...

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AECFeaturedFinanceIndustry NewsResidential

Seattle Advances Phase Two of Comprehensive Zoning Overhaul to Address Housing Shortage

Mayor Wilson’s proposal enables multifamily housing in 30 new neighborhood centers and transit corridors as city tackles affordability crisis Seattle Mayor Katie B....

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FinanceIndustrialIndustry News

Google Acquires 79,200 SQFT Industrial Building in Redmond for $35.2MM

Tech giant purchases asset from Unico Properties, converting from tenant to owner An industrial building in Redmond traded hands recently as investors continue...

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FeaturedIndustry News

January Hiring Seen at 80,000 as Labor Market Shows Signs of Gradual Cooling

Wells Fargo Economics expects steady unemployment, softer wage pressure, and downward revisions to 2025 job growth After several years in which the labor...

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