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Strathcona Capital, Belay Investment Group Close $32.7MM Construction Loan for 105-Unit Seattle Multifamily Project

Strathcona Capital and Belay Investment Group closed a $32.7 million construction loan for a 105-unit Seattle multifamily project.

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CommercialIndustry NewsResidentialRetail

24-Building Old Rainier Brewery Creative Campus Hits Market in Seattle’s Georgetown for $29MM, 91% Leased

The 181,453-square-foot Old Rainier Brewery creative campus in Seattle's Georgetown is now on the market, 91 percent leased.

Apartment buildings
FeaturedIndustry NewsLeasingResidential

Seattle Just Misses Top 20 for U.S. Apartment Absorption as Puget Sound Demand Holds

Seattle fell just short of the top 20 U.S. apartment markets for first-half 2026 net absorption, posting solid demand that nonetheless reflects a...

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AECIndustrialIndustry NewsLeasing

Port of Seattle Advances $131MM Terminal 91 Uplands Project, Adding 400,000 SQFT of Maritime Industrial Space in Seattle

The Port of Seattle is pushing its long-planned Terminal 91 Uplands redevelopment into design and demolition, wagering $131 million that new light-industrial space...

Seattle skyline from Elliott Bay
CommercialIndustry NewsLeasing

Recorded Memo Reveals Anthropic’s 113,000 SQFT Dexter Yard Lease in Seattle Runs 11 Years With Option to Buy

A memorandum of lease recorded with King County lays bare the long-term structure of Anthropic's Dexter Yard commitment, showing a 133-month term, two...

Seattle skyline from the waterfront
CommercialIndustry NewsLeasing

Hudson Pacific Rides Seattle Leasing Momentum as Downtown Vacancy Drops for First Time in Six Years

Hudson Pacific Properties said its Seattle portfolio now carries more deals in negotiation than any other market it owns, as fresh leases from...

Spokane city line
FeaturedIndustry NewsResidential

Spokane Lures Boomers While Seattle Pulls Gen Z: U-Haul’s Midyear Data Maps the Northwest’s Generational Split

U-Haul's 2026 midyear migration report shows the Pacific Northwest attracting movers at opposite ends of the age spectrum — Spokane ranking among the...

apartment building facade
FinanceIndustry NewsResidential

BentallGreenOak Buys 454-Unit The Ayer Tower for $353MM in Seattle’s Denny Triangle

The Ayer trade brings BentallGreenOak’s Seattle multifamily spending to $505 million in a single week, all sourced from the same Holland Partner Group...

View of Seattle skyline at night
FinanceIndustry NewsResidential

BentallGreenOak Buys 238-Unit Ballard Independent for $152MM in Seattle

BentallGreenOak’s $638,655-per-unit purchase of the newly built property from Holland Partner Group and NASH follows a similarly priced Mercer Island trade a week...

High angle aerial view of Puget Sound, seen from downtown Seattle.
CommercialFeaturedIndustry NewsLeasing

Kilroy’s Seattle and Bellevue Portfolio Tightens as Westgate Lands 150,000 SQFT in New Leases

The real estate investment trust reported intensifying competition for scarce high-quality space in Bellevue and a sharp pickup in leasing across its South...

Lab equipment
CommercialFeaturedIndustry NewsLeasingLife Science

Alexandria Names Seattle Among Top Markets for Advanced Technology Demand as Lab Pipeline Shrinks 20%

Alexandria Real Estate Equities singled out Seattle as one of three markets where advanced technology tenants are absorbing buildings the REIT once planned...

Seattle skyline at dusk
FinanceIndustry NewsResidential

Nordic Partners Investments Buys 107-Unit Monticello Apartments for $14.4MM in Seattle’s First Hill

The 107-unit Monticello Apartments drew multiple competing offers in an off-market process before selling for $134,579 a unit, well below Seattle’s broader multifamily...

2026 Pacific Northwest CRE Rising Stars

PNW CRE Rising Stars

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