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High angle aerial view of Puget Sound, seen from downtown Seattle.
FeaturedIndustry NewsResidential

Small Puget Sound Apartment Buildings Lose Tenants in 5 of 7 Submarkets as 50+ Unit Properties Trade Rent for Occupancy

Kidder Mathews' latest Puget Sound apartment data shows vacancy climbing in buildings with 5 to 50 units across most of the region over...

Industrial property with red trucks
IndustrialIndustry NewsLeasing

Blue Origin Leases Full 266,000 SQFT Prologis Park SeaTac 3 in Des Moines, Filling Prologis’ Des Moines Creek Portfolio

The deal removes about 266,000 square feet of large-format space from the market as speculative construction slows and leasing in the region rises...

Apartment buildings
FinanceIndustry NewsResidential

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...

Building with sawtooth roof line
AECIndustrialIndustry News

Scannell Properties Plans 185,000 SQFT Spec Industrial Building in Auburn, Targeting 2028 Completion

Indianapolis-based Scannell Properties has started site work on a 185,000-square-foot speculative single-story warehouse at 6220 S. 287th St. in Auburn, the former Emerald...

markus-spiske-BTKF6G-O8fU-unsplash - retail
FinanceIndustry NewsRetail

Kimco Realty Buys 87,000 SQFT Canyon Ridge Plaza in Kent for $19MM

The $19 million sale of Canyon Ridge Plaza closed about $2 million below Northmarq’s $21.15 million asking price, as Kidder Mathews reports Puget...

Aerial view of Renton, WA
CommercialIndustry NewsLeasing

Healthcare Occupier’s 261,000 SQFT Move-In at Longacres Gives Renton Puget Sound’s Largest Q3 Office Absorption Gain

A confidential healthcare occupier filled 261,000 square feet across two buildings at Renton's Longacres office campus in the third quarter, handing Renton 309,000...

markus-spiske-BTKF6G-O8fU-unsplash - retail
FinanceIndustry NewsRetail

Nuveen Buys 91,000 SQFT Safeway-Anchored Redondo Square in Des Moines for $32.1MM

The $32.1 million Redondo Square deal comes as CBRE reports institutional buyers targeting grocery-anchored centers in the Puget Sound region, where Kidder Mathews...

Seatac airport
IndustrialIndustry NewsLeasing

Carroll Tire Renews 133,000 SQFT at LaSalle’s Seattle Gateway II in Burien

Tire distributor Carroll Tire Company has decided to stay put at a 2018-built logistics building on the northern edge of Seattle-Tacoma International Airport,...

text reading AI
CommercialFeaturedFinanceIndustry NewsLeasing

AI Demand Steadies Puget Sound Office Market as Vacancy Settles at 23.3%

Kidder Mathews' third-quarter 2026 report shows the Puget Sound office market logging 113,000 square feet of positive net absorption on the strength of...

marcin-jozwiak-pIggrKoQ4Hc-unsplash-warehouse
IndustrialIndustry NewsLeasing

Propet Footwear Renews 162,000 SQFT Lease on Auburn’s West Valley Highway as District Sheds 110,000 SQFT

Propet Footwear renewed its 162,000-square-foot lease at 2415 West Valley Hwy N in Auburn during the third quarter, keeping one of the region's...

facade of apartment building
AECIndustry NewsResidential

Greystar Opens 289-Unit The Views at Angle Lake Next to SeaTac Light Rail Station

Greystar has opened its 289-unit apartment complex across from the Angle Lake light rail station, finishing on roughly the schedule it set at...

Apartment building with a pink background
AECFeaturedFinanceIndustry NewsResidential

Seattle Apartment Market ‘Treading Water’ as Deputy Mayor Calls JumpStart Tax a ‘Slush Fund’

At the Simon | Anderson Multifamily Team's fall investor forum, Kidder Mathews' Dylan Simon described a Puget Sound apartment market stuck between flat...

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