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Bremerton, WA, USA Sept 4, 2016: Massive green crane at Pier 6 Puget Sound Naval Shipyard and Intermediate Maintenance Facility
AECFeaturedIndustry News

Navy’s $30B Multi-Mission Dry Dock Contract Sets Up Generational Building Boom at Bremerton’s Puget Sound Naval Shipyard

The U.S. Navy is preparing to award up to five construction contracts worth a combined $30 billion to rebuild and modernize the carrier-servicing...

Home under construction
AECFeaturedFinanceIndustry News

Seattle Construction Costs Rising at One-Third the National Rate in Q1 2026

Mortenson's Q1 2026 Cost Index reveals a market where contractor competition is doing what supply chains alone cannot — keeping a lid on...

Aerial view of Renton, WA
FinanceIndustrialIndustry News

King County Pays $12.2MM for 50,390 SQFT Warehouse in Renton

King County Locks In Renton Industrial Asset at Cycle Low as Kent Valley Vacancy Hits Regional High King County has moved to secure...

Sandwiches
Industry NewsLeasingRetail

Port of Subs Targets Washington Growth, Hunting 1,500-to-2,500-SQFT Retail Sites Across Puget Sound

Port of Subs, the 54-year-old Reno-born sandwich chain now backed by private equity and chasing a national footprint, has put Washington squarely in...

sea-tac airport
AECCommercialFeaturedIndustry NewsRetail

Port of Seattle Opens $399MM, 145,000 SQFT C Concourse Expansion at SEA Airport, Built Up Rather Than Out

Facing one of the most space-constrained footprints of any major U.S. airport, the Port of Seattle has opened a vertical, four-story C Concourse...

Scott Hutchinson headshot
CommercialIndustry News

Lee & Associates Pacific Northwest Taps Developer Scott Hutchinson as President, Bowles Moves to Executive Managing Director

Lee & Associates Pacific Northwest has installed developer and operator Scott Hutchinson as its new president, handing day-to-day command of its Washington brokerage...

money roll
FeaturedIndustry News

Washington Tops the West Coast and Lands 4th Nationally in Resident Income, New Study Finds

Washington outranks both California and Oregon to claim the highest resident income on the West Coast and the fourth-highest in the country, according...

Silhouettes of people gathered to watch the sunset at the Seattle Waterfront
AECFeaturedIndustry News

Privately Funded Elliott Bay Connections to Reopen 16-Acre Seattle Waterfront Parks on June 4

A philanthropy-backed overhaul of Myrtle Edwards and Centennial Parks closes a critical gap along Seattle's reimagined Elliott Bay shoreline, extending a continuous public...

Museum interior with guests
AECCommercialIndustry News

City of Wenatchee Breaks Ground on $30MM Museum Overhaul, Knitting Two Historic Post Offices into One

The municipally owned campus at 127 South Mission Street will gain a new connective lobby, outdoor plaza and 14,000 square feet of reimagined...

rays of energy
CommercialFeaturedIndustrialIndustry News

PSE Draft Plan Pegs Washington Electric Rates to Climb 142% and Gas Rates 392% by 2050

The utility's reference case for the 2027 Integrated System Plan warns of binding transmission constraints, unsolvable model runs and mounting affordability pressure for...

Warehouse with trucks
FeaturedFinanceIndustrialIndustry NewsLeasing

Amazon Clears 3.3MM SQFT From South Sound as Vacancy Climbs Toward 10%

One tenant is propping up first-half absorption while the rest of the Puget Sound industrial market waits out a costly, oversupplied cycle. Amazon...

An aerial view of the Wenatchee Valley and nearby bright blue Columbia River on a bright day
FinanceIndustry NewsResidential

Graystoke Capital Partners Lands 103-Unit Sutton Place Apartments in East Wenatchee for $31MM

The Mountain West-focused investor doubles down on Central Washington with its second Wenatchee-area acquisition in under two years. Graystoke Capital Partners has acquired...

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