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CommercialFeaturedIndustry NewsLeasing

Puget Sound Office Market Notches First Positive Absorption in Four Years, Even as Layoffs Mount

Vacancy and availability declined simultaneously for the first time in the recovery cycle, but surging tech-sector cuts and a weakening labor market threaten...

Sound Transit station
AECFeaturedIndustry News

Sound Transit Board Greenlights $34.5B ST3 Reset, Leaving Ballard Link in Limbo

A 16-2 vote prioritizes West Seattle and resurrects the Graham Street station, but the long-promised extension to Market Street remains unfunded as the...

View of Bremerton, WA with the Olympic Mountains in the background 
AECFinanceIndustry NewsResidential

373-Unit Bremerton Landing Development Site Across 7 Acres in Kitsap County Hits Market for $9MM

The four-parcel Puget Sound assemblage offers shovel-ready entitlements for 82 units and a proposed 291-unit Phase 2, with potential Opportunity Zone designation looming...

Process of cutting the red ribbon during the grand opening of a new property.
AECIndustry NewsResidential

SRM and Urban League Cut Ribbon on 207-Home Altaire at Jackson Park in North Seattle

The North Seattle community, backed by Amazon, the Washington State Housing Finance Commission and the Seattle Office of Housing, targets workforce renters earning...

Construction figures on top of a mobile phone
AECFeaturedIndustry NewsResidential

Tarragon Doubles Down on Puyallup With 137-Home Phase II at Uplands, Backed by Lennar and Century Communities

The Seattle developer is using national buyer research to reshape its product mix at the 320-acre master-planned community as it courts builders and...

Coffee cup filled to the top
FeaturedIndustry NewsLeasingRetail

Sana’a Cafe Lands in Tacoma as Yemeni Coffee Chains Take Aim at Starbucks’ Home Turf

The Hayward, Calif.-based chain’s South Tacoma store is its only Pacific Northwest outpost — for now. With Haraz lining up Capitol Hill, Qamaria...

Photo of a banner on a hotel in Seattle
FeaturedHospitalityIndustry News

Eight-Story “The Hostess” Banner Lands on 9th & Thomas in Seattle’s South Lake Union Ahead of World Cup

The 36-by-111-foot work by Seattle artist Ernesto Ybarra marks the fifth large-scale banner installed on the Olson Kundig-designed building’s east façade since the...

Rendering of apartment building design
AECIndustry NewsResidentialRetail

City of Seattle Clears Design for 170-Unit Woodland Park Apartments Wrapping Fremont Landmark

Bellevue-based Pollard Entities and Redmond-based Legacy Partners win design approval for a project that preserves the historic Shannon & Wilson Building while adding...

Graphic of two purple shopping bags with a yellow background
FinanceIndustry NewsResidential

Madison Development Group Sells Land Parcel Adjacent to Shops at Richmond Village in Shoreline for $8MM

A Denver-based entity tied to Clarion Partners has acquired the neighborhood center, betting on grocery-anchored stability in a softening Seattle retail market A...

Sarah Smith Headshot
People on the Move

Sarah Smith Elevated to Partner at Seattle’s Best Practice Architecture

Seattle-based Best Practice Architecture has announced the promotion of Sarah Smith to partner, marking a new chapter for the firm as it enters...

image of warehouse interior
FinanceIndustrialIndustry News

Realty Income Buys 453,000 SQFT, Three-Parcel Warehouse Portfolio in Kent for $98MM

The net-lease REIT doubles down on the Puget Sound’s core distribution hub even as regional industrial vacancy climbs to a multi-year high. A...

Hotel sign on top of silhouette of a hotel building
FeaturedFinanceHospitalityIndustry News

$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...

2026 Pacific Northwest CRE Rising Stars

PNW CRE Rising Stars

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