University District
Russell Hall Owner Lands $16MM Life Company Refinance for 62,000 SQFT University District Mixed-Use Building
Russell Hall’s owner lands a $16MM life company refinance for the 62,400 SF University District mixed-use building despite a looming office vacancy.
Coverse Capital Pays $17.5MM for 88-Unit 6700 Roosevelt Apartments Across From Seattle Light Rail Station
Coverse Capital paid $17.5MM, about $198,900 per unit, for the 88-unit 6700 Roosevelt across from Seattle’s Roosevelt light rail station.
UW Breaks Ground on $231.1MM, 105,000 SQFT Chemical Sciences Building in Seattle
The University of Washington has started construction on a five-story chemistry research and teaching building that replaces a 1950s library. Its budget is...
Grand Illusion Cinema Signs 10-Year Lease at Seattle’s Historic Varsity Theatre
The reopening restores movie screens to a University District that had 16 as recently as 2010 and has had none since the Varsity...
Eastern Sunrise Seeks Phased Permit for $18MM, 155-Room Student Housing in Seattle
Eastern Sunrise seeks a phased permit to fast-track demolition on a fire-damaged site for an $18MM, six-story student housing project on the Ave.
Puget Sound Apartment Developers Shelve Projects as Approved Pipeline Shrinks to 12,931 Units
Puget Sound apartment developers formally shelved a meaningful number of projects over the past year instead of extending permits, shrinking the region's approved...
Seattle-Tacoma Retail Vacancy Holds at 4.7% as Small Tenants Steady Market
Tacoma posts the West Coast's lowest vacancy among major submarkets even as its asking rents climb nearly 30 percent since 2019. Three straight...
Student Housing Is Now an Institutional Asset Class, and Seattle’s U District Is the Northwest’s Proving Ground
Blackstone, KKR and Greystar have made purpose-built student housing a core institutional holding, and the high-rise wave around the University of Washington, unleashed...
$13.3MM Permanent Loan Secured to Refinance 134-Unit Boxcar Apartments in Spokane
A private real estate investor has retired maturing debt on the 134-unit Boxcar Apartments in Spokane's University District with a five-year, fixed-rate, non-recourse...
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...
15-Unit Penrith Apartments Traded for $3MM in Seattle’s U District
Marcus & Millichap Arranges Sale of Seattle Apartments SEATTLE, July 21, 2026 — Marcus & Millichap (NYSE: MMI), a leading commercial real estate...
Bellevue Anchors Puget Sound Office Rebound as Regional Vacancy Climbs to 23.4% in Q2 2026
A widening split defined the Puget Sound office market in the second quarter of 2026, with Bellevue's AI-fueled leasing surge and a thinning...
