West Coast
Essex Property Trust Taps Bond Market for $350MM to Refinance Maturing Debt
West Coast apartment REIT issues 11-year senior notes at nearly 5 percent as it manages upcoming debt maturities Essex Property Trust, one of...
Hudson Pacific’s Seattle Gamble: Doubling Down as Others Flee
The struggling office REIT is buying out partners and restructuring debt on West Coast towers, betting on a tech recovery that hasn’t arrived...
Hudson Pacific Properties Slashes Q4 Outlook After Major Asset Sale
Hudson Pacific Properties lowered its fourth-quarter earnings forecast as the real estate investment trust grapples with falling occupancy and the offloading of a...
Hudson Pacific’s Puget Sound Assets Hold Steady as Leasing Improves, Losses Persist
Hudson Pacific Properties’ third-quarter 2025 results showed continued financial strain for the West Coast-focused office landlord, but its Pacific Northwest assets—centered largely in...
7 Brew Coffee Targets Pacific Northwest Expansion as Drive-Thru Competition Intensifies
Fast-growing Arkansas-based chain seeks high-traffic sites in Washington and Northern Idaho amid surging demand for convenience-focused beverage concepts The drive-thru coffee wars are...
Office Properties Income Trust Files for Bankruptcy as Remote Work Era Takes Another Casualty
Office REIT seeks to shed $1 billion in debt through Chapter 11 restructuring, the latest sign of distress in commercial real estate Office...
Office Giant BXP Reports $122MM Loss, But Seattle Properties Show Path Forward
While San Francisco bleeds tenants and LA slashes rents, the nation’s largest office landlord finds stability in the Pacific Northwest The nation’s largest...
Essex Property Trust Reports Strong Pacific Northwest Performance in Q3 2025
Seattle portfolio delivers solid rent growth amid regional supply pressures Essex Property Trust’s Seattle Metro portfolio demonstrated resilience in the third quarter of...
Seattle Landlord Kilroy Realty Posts Mixed Q3 as Portfolio Reshuffling Drives Income Surge
West Coast REIT holds steady in Puget Sound market while banking big on California asset sales and Beverly Hills bet Kilroy Realty Corporation,...
DLC-DRA Joint Venture Pays $54MM for 175,000 SQFT Alderwood Mall Adjacent Retail Center in Lynnwood
Transaction marks latest piece of $625 million West Coast expansion as retail market faces mixed signals A retail property across from Alderwood Mall...
BRIDGE Housing Bond Issue Exceeds Expectations, Raising $175MM to Accelerate Development and Acquisition of Affordable Housing
SAN FRANCISCO – BRIDGE Housing, the leading nonprofit affordable housing provider on the West Coast, has closed on $175 million in taxable general obligation...
Seattle Retail Market Navigates Choppy Waters as Vacancies Rise
Puget Sound region faces fourth consecutive quarter of negative absorption, though tight fundamentals and strengthening consumer spending provide support The Seattle retail real...
