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CommercialFeaturedIndustry NewsLeasing

Seattle Suburban Office Rents Slip 2.6% to $34.80 as Leasing Jumps 74% and Renton Draws 407,000 SQFT of Deals

Seattle's suburban office landlords are trading rent for occupancy, cutting average asking rates to $34.80 per square foot, roughly $12 below downtown, as...

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CommercialIndustry NewsLeasing

Thriftbooks Signs 15,000 SQFT Lease at Tukwila’s 6400 Corporate Center, the Seattle Suburbs’ Lone Q3 Office Deal Above 10,000 SQFT

Online used-book seller Thriftbooks signed a 15,114-square-foot new office lease at 6400 Corporate Center in its hometown of Tukwila, the only new suburban...

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Industry NewsLeasingRetail

Lviv Croissants Seeks Shopping Center Space in Eight Puget Sound Cities as Ukrainian Bakery Chain Builds Out Its Seattle Base

Ukrainian bakery franchise Lviv Croissants has put out a requirement for 1,700 to 2,600 square feet of shopping center space across eight Eastside...

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IndustrialIndustry NewsLeasing

Rainier Industries Renews 131,000 SQFT at Its Tukwila Headquarters on Olympic Avenue South

Rainier Industries, the 130-year-old Seattle-born maker of tents, displays, awnings and custom signage, has committed to another term at its 131,000-square-foot manufacturing headquarters...

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CommercialFinanceIndustrialIndustry NewsPortlandResidential

Active Puget Sound Industrial Buyer EQT Adds Stockbridge in Deal Worth Up to $550MM

EQT AB, whose real estate arm has steadily accumulated industrial assets from Tukwila to Everett, has agreed to buy San Francisco-based manager Stockbridge...

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FeaturedFinanceIndustrialIndustry NewsLeasing

Space and Defense Tenants Absorb 697,000 SQFT as South Sound Industrial Vacancy Holds at 9.8%

Lee & Associates' September 2026 South Sound industrial report shows vacancy holding at 9.8 percent and rents edging higher as aerospace and defense...

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CommercialFinanceIndustry News

Eric Persson Moves to Reclaim Eight Washington Card Rooms From Bankrupt RunItOneTime as Blue Owl Rent Relief Nears Expiration

Maverick Gaming founder Eric Persson says he will buy eight Washington card rooms out of his former company's Chapter 11 case and keep...

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FeaturedHospitalityIndustry NewsResidentialRetail

Washington Wage Floor Hits $17.73 in 2027 as Seattle Climbs to $22.14, Raising the Bill for Retail and Hospitality Tenants

Washington's statewide wage floor climbs to $17.73 an hour on Jan. 1, while Seattle moves to $22.14 and a sharply higher overtime-exempt salary...

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FinanceIndustrialIndustry News

Sagard Real Estate Acquires 134,000 SQFT Industrial Building in Tukwila for $24MM

Sagard Real Estate has added another Puget Sound warehouse to a Pacific Northwest industrial buying spree that has now touched four separate submarkets...

the-blowup-grXIcKhqeQU-unsplash-casino
CommercialFinanceIndustry NewsRetail

Maverick Gaming to Shutter Two Tukwila Casinos, Cutting 238 Jobs and Emptying Buildings Sold in Previous $205MM Portfolio Sale-Leaseback

Kirkland-based Maverick Gaming will go dark at two adjacent Tukwila cardrooms on Nov. 1, eliminating 238 jobs and handing back a pair of...

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CommercialFeaturedIndustrialIndustry NewsLeasing

Seattle CBD Land Values Fall 47%, Bellevue Rises 1.72% in King County Revalue

King County's 2026 commercial revalue stripped $3.12 billion from the county's assessed commercial base, and a single appraisal area covering downtown Seattle and...

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CommercialIndustrialIndustry NewsLeasing

ICE Expands GEO Group’s Tacoma Facility, Seeks 1,500 More Beds Near Seattle

Federal immigration authorities are moving to sharply enlarge their detention footprint across Washington while insisting they have no plans for Oregon, even as...

2026 Pacific Northwest CRE Rising Stars

PNW CRE Rising Stars

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