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FeaturedHospitalityIndustry News

Seattle Hotel Market Eyes Recovery as FIFA World Cup Matches and Shrinking Construction Pipeline Signal Turning Point

Marcus & Millichap’s 2026 outlook forecasts modest occupancy and ADR gains for Seattle-Tacoma, though declining Canadian travel and a slow post-pandemic recovery temper...

CommercialFinanceIndustry News

Rosen Harbottle Sells 32,000 SQFT High-Tech Flex Building in Bothell for $10MM

The North Creek Tech Center property traded at approximately $310 per square foot, the second flex deal in Bothell’s North Creek corridor this...

Sound Transit station
AECFeaturedIndustry News

Sound Transit Confronts $35 Billion Budget Gap Threatening Voter-Approved Light Rail Expansion Across Puget Sound

The regional transit agency is pursuing an agency-wide cost-cutting initiative as inflation and rising construction expenses jeopardize the $53.8 billion ST3 plan approved...

daniel-neuhaus-FGFwCwGPjpI-unsplash-homes houses neighborhood
AECFinanceIndustry NewsResidential

Toll Brothers Acquires 18.2-Acre Browns Point Land Site in Tacoma for $10.7MM

The nationally traded homebuilder paid approximately $588,000 per acre for undeveloped land in one of Tacoma’s most sought-after waterfront-adjacent neighborhoods, where it intends...

fernando-hernandez-azOupDDldt4-unsplash-tacoma
FinanceIndustrialIndustry News

Pacific Maritime Association Acquires 10,200 SQFT Tacoma Training Facility for $10.5MM

The sale consolidates ownership of the Pacific Northwest Training Center within Portside 55 East, a maritime-oriented development on Port of Tacoma ground-lease land...

Woods Coffee cup in a forest camping ground
Industry NewsRetail

Woods Coffee Targets Aggressive Drive-Thru Expansion Across Puget Sound With 5+ New Locations Annually

The family-owned Pacific Northwest coffee brand is actively seeking drive-thru retail sites in nearly 20 Washington communities, backed by more than two decades...

Building with sawtooth roof line
FinanceIndustrialIndustry News

Rare 77,500 SQFT Food Processing Facility in Sumner Hits Market at $18MM as Specialty Industrial Demand Surges

A specialized food production plant outside Tacoma, leased long-term to a fast-growing Chinese food brand, offers investors a glimpse of a booming but...

bomin-xie-cHhtTwhg_I-unsplash-seattle port (1)
FeaturedIndustrialIndustry News

Seattle-Tacoma Port Volume Falls to Decade Low as Tariff Volatility Reshapes Pacific Northwest Trade

The Northwest Seaport Alliance recorded its second-lowest container total in ten years in 2025, while its industrial market is giving tenants more room...

Aerial view of Tacoma
AECIndustry NewsResidential

Berschauer Group Plans 50-Unit Residential Conversion of Tacoma Office-Parking Building

The Olympia-based general contractor filed pre-application documents for the conversion of a four-story structure at 1149 Market Street Fifty residential units are planned...

Tacoma Tower
AECIndustry NewsResidential

Mercy Housing Northwest Breaks Ground on $55MM, 80-Unit Affordable Housing Development on Pacific Avenue in Tacoma

The five-story project in Tacoma’s Lincoln District will serve households earning below 60 percent of area median income and reserve 20 units for...

Industrial property with red trucks
FeaturedIndustrialIndustry News

Supreme Court Tariff Ruling Injects Optimism Into South Sound Industrial Market as Vacancy Climbs to 9.8%

Lee & Associates brokers report rising tenant activity in early 2026 amid a structural shift toward Class B product and shorter lease terms...

Port of Tacoma
FeaturedFinanceIndustry NewsResidential

Pierce County Apartment Sales Reach $445MM in 2025 as Income-Focused Investors Target the South Sound’s Higher Yields

A new Kidder Mathews report finds 43 buildings traded at 6.0 percent average cap rates while the Tacoma-anchored market posted 2 percent rent...

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PNW CRE Rising Stars

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