West Seattle
Sound Transit Defers Ballard Light Rail Indefinitely as $35 Billion Shortfall Reshapes ST3 Buildout
Sound Transit’s board has adopted a sweeping realignment of its voter-approved 2016 expansion plan, protecting the Everett-to-Tacoma spine while indefinitely deferring the Ballard...
Downtown Seattle Switches On First IKE Digital Kiosks Ahead of World Cup, With 50-Unit Network to Follow
The Downtown Seattle Association, the city of Seattle and Orange Barrel Media activated the first of 50 planned IKE Smart City digital kiosks...
Madison Development Group Lands $60.8MM Fannie Mae Refi on 216-Unit Spruce in West Seattle
Issaquah-based Madison Development Group has secured $60.8 million in Fannie Mae refinancing for Spruce, the 216-unit West Seattle apartment and retail complex it...
Sound Transit Board Greenlights $34.5B ST3 Reset, Leaving Ballard Link in Limbo
A 16-2 vote prioritizes West Seattle and resurrects the Graham Street station, but the long-promised extension to Market Street remains unfunded as the...
32-Unit Edric Apartments in West Seattle Hits Market at $12.5MM
The 2021-vintage, 97-percent occupied building is asking $390,625 per unit at a trailing 5.32 percent cap rate, pricing above current Seattle MSA averages....
Barnes & Noble Reopens in Downtown Seattle with 18,000 SQFT Flagship at 520 Pike
The nation’s largest bookseller returns to the city’s retail core after a six-year absence, anchoring Tishman Speyer’s office tower with the largest downtown...
City of Seattle Lands South Park Lease for 90-Unit Tiny House Village
The lease, paired with a privately funded contribution from a business coalition including Microsoft, T-Mobile, and Starbucks, advances Mayor Katie B. Wilson’s plan...
Private Capital Tightens Grip on Washington Multifamily as Pierce County Heats Up
A Berkadia Q1 2026 report shows mid-market investors driving deal flow, institutional buyers retreating to scale plays, and a coming delivery cliff setting...
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...
44-Unit West Seattle Multifamily Property Hits Market at $10.5MM
Newly completed California Avenue apartment building offers investors turnkey cash flow as Seattle construction pipeline contracts sharply A newly constructed Merz, a 44-unit...
Virtú Investments Acquires 331-Unit West Seattle Apartment Portfolio for $110.9MM
By The Registry Staff Two multifamily properties in Seattle have traded hands, showing that investors continue to be attracted to the city. Real...
Seattle Mayor Proposes Actions to Address Increased Sound Transit Expansion Costs, Deliver City Transit Expansion
Seattle – Today, Mayor Bruce Harrell joined with local partners to call for Sound Transit action to help better manage costs and deliver...
