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CommercialIndustry NewsLeasing

Amazon Vacates 81,000 SQFT at South Lake Union Office as Downtown Seattle Vacancy Hits 35.8%

Amazon has emptied out of a six-story South Lake Union office building it has occupied since 2016, one of two large corporate move-outs...

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CommercialIndustry NewsLeasing

Meta Lists 135,000 SQFT in Seattle and Redmond for Sublease as Washington Retreat Deepens

Meta has placed roughly 135,000 square feet of additional Seattle-area office space on the sublease market, listing space in Seattle's Sodo neighborhood and...

Seattle Rail in black and white
CommercialFeaturedIndustry NewsResidential

Washington Commerce Opens Comment Period on Draft Transit-Oriented Development Guidebook

The state has published a draft guidebook intended to walk cities through a zoning mandate few of them asked for but all of...

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FinanceHospitalityIndustry News

Chinese Developer Binjiang Offloads Seattle’s 142-Room Sound Hotel for $35MM

A Hangzhou Binjiang Real Estate Group affiliate has cashed out of the boutique hotel it helped build atop Belltown’s Arrivé tower, transferring the...

Spokane city line
FeaturedIndustry News

New Data Splits Washington in Two: Spokane’s Peer Group Is Boise, Not Seattle

A California investment manager has published a 21-year federal data model that treats Greater Seattle as a coastal primary market and counts Washington's...

Seattle skyline from the waterfront
CommercialFeaturedIndustry NewsLeasing

Seattle Sits Out the National Office Occupancy Index Even as Puget Sound Landlords Chase the Same Answer

The most widely cited measure of the American return to office does not track Seattle, leaving Puget Sound owners and lenders to benchmark...

Portland Oregon old town sign on a building
FeaturedIndustry NewsPortland

Oregon Joins a Faster-Growing Inland West on Paper, With Portland Weighing Down the Average

A new 21-year data model from a California investment manager takes Oregon in full as the fourth-largest component of a 47.3 million-person Inland...

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AECFeaturedFinanceHospitalityIndustry News

Everwild Nordic Spas Hunts Washington Sites, Targeting 80,000 SQFT Urban Buildings and 5-Acre Parcels

First Western Properties has been tapped to source Washington acquisition targets for Everwild Nordic Spas & Hotels, the Basecamp Resorts brand that is...

Apartment buildings
FeaturedIndustry NewsResidential

Seattle’s Apartment Boom Skipped Families, With Only 14.5% of Rentals Offering Three or More Bedrooms

A Berkadia analysis of Seattle's rental stock finds the metro has spent its building cycle on studios and one-bedrooms, leaving renter families to...

Apartment buildings in Seattle with the Space Needle in the background
CommercialFinanceIndustry NewsRetail

Schuster Group Affiliate Sells Seattle’s Madison Center for $9.3MM

Nevolan 2711 LLC has paid $9.3 million for the four-parcel Madison Center retail and office complex from an entity tied to The Schuster...

Fremont Cut, Lake Union Ballard Locks, Salmon Bay, Olympic Mountains
AECIndustry NewsResidential

Holland Partner Group, Tokyo Tatemono Break Ground on 185-Unit Fremont Apartment Project in Seattle

Demolition, grading and shoring are underway at the century-old North 36th Street retail strip Holland Partner Group and Tokyo Tatemono bought for $18.5...

Seattle skyline from Lake Union
FinanceIndustry NewsResidentialRetail

Sequel Investment Company, Evergreen Gavekal Pay $35.05MM for 95-Unit East Howe Steps in Seattle’s Eastlake

IPA brokers the $35.05MM sale of East Howe Steps, a 95-unit mixed-use Eastlake apartment complex, and arranges acquisition financing.

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