Randyl Drummer is a Seattle-based senior staff writer at CoStar News. An award-winning journalist, Drummer covers commercial real estate in Washington state, British Columbia, Canada, and beyond.Over four decades, Drummer, a California native, has wr...
Randyl Drummer is a Seattle-based senior staff writer at CoStar News. An award-winning journalist, Drummer covers commercial real estate in Washington state, British Columbia, Canada, and beyond.
Over four decades, Drummer, a California native, has written about the impact of evolving technology, cultural and business trends on real estate and public policy across North America. He was the first digital editor for The Press-Enterprise, the largest daily newspaper and website covering Southern California’s Inland Empire, served as editor of The Business Press, a weekly business journal published by The Press-Enterprise.
Randy helped launch the GlobeSt.com real estate website and served a memorable year in the late 1980s as legislative aide to a member of the San Francisco Board of Supervisors. He has won several first-place awards as a reporter and editor in annual competitions sponsored by the National Association of Real Estate Editors (NAREE) and the Inland Empire chapter of the Society of Professional Journalists.
Randy is a California State University, Fullerton graduate, a news, history and travel junkie and a lifelong L.A. sports fan.
Marcus & Millichap rebounded to a profit as the national investment brokerage joined its rivals in posting double-digit revenue gains amid stepped-up property and finance deal activity.
Telecommunications giant Telus has opened its first apartment complex as the firm converts former telephone utility buildings into rentals across British Columbia — with plans to eventually expand ...
A transit-oriented multifamily development on Seattle's Mercer Island sold for the highest price paid for apartments in the Puget Sound region this year.
Cushman & Wakefield, the third-biggest real estate services firm, raised its profit expectations as office, industrial and data center work boosted revenue 11%.
Daimler Truck North America has leased a warehouse under construction in Portland, Oregon, as the heavy-truck giant restructures its West Coast parts distribution facilities.
Brokers completed major deals across the country during the second quarter, a period marked by steady real estate activity as leasing and sales demand rebounded to pre-pandemic levels.
U.S.-based industrial developer Panattoni's Canadian affiliate secured the top commercial real estate sale of the second quarter, a deal selected as the top transaction in the CoStar Power Broker ...
Amazon joined fellow tech giant Microsoft in posting surging growth in its artificial intelligence business, reassuring investors that the industry's data center spending is generating returns.
Two of the world’s largest real estate services firms posted higher revenue as sales and leasing surged despite wars and other geopolitical uncertainty that have slowed real estate activity in Europe ...
The Vancouver City Council approved a Holborn Group four-building development that would reshape the city’s skyline and add thousands of hotel rooms and residential units.
Real estate services firm Newmark joined larger rival CBRE in posting a profit and double-digit revenue growth that was fueled by gains in leasing and property sales.
A California multifamily investor bought an apartment complex in Lynnwood, north of Seattle, the latest in a string of property purchases by the firm in the Pacific Northwest.
Jim Kerrigan brokered his first data center lease in 1998 — the same year PhD students Larry Page and Sergey Brin launched Google out of their garage in California. Three decades later, Kerrigan ...
One of western Canada's largest private real estate developers has launched a project that could provide more options for logistics and other tenants as greater Vancouver's industrial vacancy rate ...
Mattress giant Serta Simmons Bedding will keep its Washington manufacturing hub near the Port of Tacoma in a bright spot for greater Seattle's soft industrial market.
A Canadian real estate trust sold an apartment complex in Seattle's Kent suburb for barely more than it paid seven years ago in one of the latest signs that multifamily deal activity has cooled in ...
Schnitzer West has agreed to buy The Bravern, a two-tower office complex in downtown Bellevue, east of Seattle, that went into default last year after Microsoft pulled out as its only tenant.
Industrial developer Bridge Logistics Properties paid just under $175 million for a large warehouse south of Seattle occupied by national tool retailer Harbor Freight in one of the region's biggest ...