Seattle
Electroimpact Sells Multiple Parcels in Mukilteo for $55.1MM
Seattle-based El Properties acquires multiple parcels including 131,709 SF of industrial space occupied by aircraft assembly integrator Multiple parcels have traded hands in...
OpenAI Nearly Quadruples Bellevue Space with 223,000 SQFT City Center Plaza Expansion
ChatGPT maker secures additional square feet as AI firms intensify Eastside presence OpenAI has committed to an additional 223,000 square feet at City...
Panda Express Seeks Western Washington Sites for Multi-Unit Expansion
Fast-casual leader targets Pacific Northwest with drive-thru prototype as Asian cuisine segment captures growing market share Panda Express, the nation’s largest American Chinese...
Seattle Climbs to Ninth Most Attractive Investment Market as Pricing and Economic Diversity Draw Investors
Pacific Northwest gateway rises two spots in CBRE rankings as institutional capital returns to major markets with improved fundamentals and favorable valuations Seattle...
Essex Property Trust Reports 3.1% Revenue Growth in Seattle Metro as Supply Pressures Ease
West Coast apartment REIT posts solid Pacific Northwest results despite regional occupancy dip, projects strengthening market conditions ahead Essex Property Trust’s Seattle metro...
Portland Affordable Housing Construction Jumps 153% Over Five Years
Oregon metro delivers 6,420 income-restricted units as affordable apartments reach 20 percent of new development Portland completed 6,420 affordable apartments between 2020 and...
Seattle Leads Nation in Affordable Housing Construction with 14,290 Units Delivered
Washington metro tops U.S. markets as affordable apartments reach 24 percent of all new development over five years Seattle emerged as the nation’s...
After 106 Years, Eddie Bauer’s Retail Exit Signals End of an Era for Mall-Based Outdoor Apparel
The Seattle outdoor brand’s third bankruptcy in two decades exposes the fragility of mid-tier retail as Catalyst Brands shutters 200 stores while pivoting...
Uber Explores Major Bellevue Expansion at Four106 Tower
Ride-hailing giant in talks for downtown tower space as expansion beyond Seattle headquarters amid tech firm migration to Eastside Uber Technologies Inc. is...
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...
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...
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...
