Sound Transit
44-Unit Mixed-Use 101 Broadway Building Across From Capitol Hill Station Sells for $17.5MM in Seattle
A private buyer has paid $17.5 million for 101 Broadway, the 2017-built, 44-unit mixed-use building across the street from Sound Transit's Capitol Hill...
City of Seattle Renews 70,000 SQFT at Columbia Center as Downtown Office Absorption Turns Positive
The City of Seattle recommitted to 70,000 square feet at Columbia Center, the 76-story Fifth Avenue tower that has housed the City Attorney's...
Seattle Voters Back Doubled Transit Tax, Unlocking $138MM a Year for Bus Expansion
Seattle voters are on track to double the city's dedicated transit sales tax to 0.3 percent, approving a 10-year renewal that would raise...
Sound Transit Leases 31,000 SQFT at 5th & Jackson Building Near Union Station in Seattle’s Pioneer Square
The Central Puget Sound Regional Transit Authority has committed to 31,000 square feet of new office space at 315 5th Ave. S., the...
KKR’s $78MM Baldwyn Northgate Buy Was North King’s Only Q2 Apartment Sale, Setting a 4.8% Cap Rate Mark
A single institutional trade beside the Northgate light rail station accounted for all of North King County's second-quarter apartment sales volume, lifting the...
Eaton Vance Affiliate Pays $87.3MM for 359-Unit Assembly118 Apartments at Seattle’s Othello Station
An entity affiliated with Eaton Vance’s Real Estate Investment Group has bought a 359-unit apartment building next to Seattle’s Othello light rail station...
Seattle Social Housing Developer to Buy 195-Unit Youngstown Flats in West Seattle for $68MM
Seattle’s social housing authority is buying a 2013 West Seattle apartment building for less than it sold for eight years ago, its second...
Post Real Estate Group Buys 236-Unit Porchlight Apartments in Federal Way for $56.25MM, Locking In 80% AMI Rents
Beverly Hills-based Post Real Estate Group has bought Porchlight, a renovated 236-unit garden community in Federal Way, and will hold every apartment for...
New York Investors Pay $13.8MM for Lowe’s Ground Lease Next to Kent Des Moines Light Rail Station
At about $30 per square foot of land, the leased-fee deal shows how light rail is turning a 2006-era big-box site on Pacific...
UW’s Global Innovation Exchange Vacates 96,000 SQFT in Bellevue’s Bel-Red for Rent-Free Microsoft Campus, Flipping Eastside Absorption Negative
The University of Washington's Global Innovation Exchange traded roughly 96,000 square feet of leased space in Bellevue's Spring District for a rent-free home...
Class A Office Captures Over 80% of Puget Sound Leasing, Its Highest Share Since 2021, as Rents Stay Flat
Tenants signing office leases across Puget Sound in the third quarter chose top-tier buildings more decisively than at any point in at least...
DevCo Residential Group Opens 245-Unit Kendrick Landing Affordable Community By Lakewood Sound Transit Station
Bellevue-based DevCo Residential Group has completed its first Lakewood development, a fully affordable, transit-adjacent apartment community that adds 245 rent-restricted homes south of...
