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South King County

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Aerial view of Renton, WA
AECCommercialIndustry News

JTM Construction Delivers Valley Medical Center’s $3MM Oncology Clinic Expansion in Renton

JTM Construction wrapped a doubling of Valley Medical Center’s East Pavilion oncology clinic in Renton nearly $900,000 under its original budget, delivering the...

building under construction
AECIndustry NewsResidential

Perkins Eastman Designing 233-Unit Affordable Housing Project on Sound Transit Land at Federal Way Downtown Station

Perkins Eastman has been tapped to design a 233-unit, all-affordable housing development that Multi-Service Center and Shelter Resources will build on two surplus...

apartment building facade
FinanceIndustry NewsResidential

St. Regis Properties Secures $23.25MM Refinance for 105-Unit Align Apartments in Federal Way

St. Regis Properties tapped a life company correspondent lender instead of the debt funds that typically price bridge loans at this leverage, landing...

max-van-den-oetelaar-RORkqnp4ye4-unsplash-apartments
FinanceIndustry NewsResidential

RISE Properties Trust Affiliate Sells 198-Unit Bower Village Apartments in Kent for $45MM

Kent Valley’s apartment market draws fresh capital even as Kidder Mathews reports softening fundamentals region-wide. A Nevada investment firm has picked up a...

warehouse facade
FinanceIndustrialIndustry News

BKM Capital Partners Acquires Multi-Tenant Industrial Portfolio in Kent and Tukwila for $85.7MM

Newport Beach-based BKM Capital Partners deepens its decade-long bet on South King County’s industrial corridor, snapping up multiple buildings and vacant land from...

max-van-den-oetelaar-RORkqnp4ye4-unsplash-apartments
FinanceIndustry NewsResidential

Hume Investments Sells 120-Unit Easthill Apartments in Kent for $19.2MM

The transaction recorded $160,000 per unit for a 120-unit apartment complex in Kent’s East Hill neighborhood An Irvine-based national apartment operator has paid...

Apartment building facade
FinanceIndustry NewsResidential

72-Unit, 1989-Vintage Multifamily Complex at 15805 40th Place South Comes to Market in Tukwila

A 1989-vintage, six-building apartment complex in Tukwila has come to market without a disclosed asking price, offering a renovation-focused buyer 72 units of...

Aerial view of Renton, WA
CommercialFinanceIndustry News

Onward Investors Sells 113,500 SQFT South Lind Square Flex Office Park in Renton for $20.8MM

A Mercer Island private buyer has acquired South Lind Square, a fully leased 16-tenant flex office park in Renton, for $20.8 million —...

Home construction worker on site
AECFinanceIndustry NewsResidential

Shovel-Ready, 128-Unit Tukwila West Hill Development Site Hits the Market in South King County

A fully permitted, 128-unit apartment development site in Tukwila has reached the market with construction drawings complete and permits ready for pickup, offering...

warehouse facade
AECFeaturedIndustrialIndustry News

Panattoni Plots 1.03MM SQFT Podium I-5 Warehouse on Shuttered Wild Waves Site in Federal Way

Irvine-based developer doubles down on speculative industrial bet as Puget Sound vacancy climbs to 9.3 percent and a half-century-old theme park bows out....

aga-adamek-9OfBsfty2x4-unsplash-self storage
FinanceIndustrialIndustry News

InSite Property Group Acquires 114,000 SQFT StorQuest Self Storage in Seattle for $16.3MM

The acquisition marks InSite’s third self-storage purchase in the South King County submarket in recent months as the firm continues to consolidate its...

Apartment buildings in Seattle with the Space Needle in the background
FeaturedFinanceIndustry NewsResidential

Puget Sound Multifamily Investment Volume Surges 48% to $5.96 Billion in 2025 as Rents Stabilize

Despite a quarter of negative absorption, the Seattle-area apartment market posted nearly $6 billion in annual deal volume and maintained healthy fundamentals heading...

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