Top sales and leases recognized in the US
Brokers won big property deals as transaction activity picked up in the second quarter
Brokers completed major deals during the second quarter, a period marked by an uptick in real estate activity as many businesses shook off concerns about the effects of tariffs and...
Amazon ramps up spending to deploy robots, expand warehouses for faster delivery
Tech giant deploys 1 millionth robot as part of $32 billion in capital spending
Amazon nearly doubled its capital spending to over $32 billion in the second quarter to build data centers, expand its already massive logistics network and outfit the warehouses w...
Colliers plans more acquisitions as engineering business drives revenue growth
Toronto-based real estate firm joins rivals in raising 2025 outlook
Colliers upgraded its financial outlook as the global real estate services firm’s recent acquisitions of engineering firms and other businesses fueled a jump in revenue.
Microsoft plans record spending to build data centers powering AI
Tech giant reports $368 billion in project backlogs as it races to expand global capacity
Microsoft expects to spend a record $30 billion this quarter as it races to build data centers and other support systems for its fast-growing artificial intelligence and cloud comp...
Developer proposes hotel and condo tower near Vancouver's Robson Square
Reliance Properties looks to replace offices with 35-storey high-rise
Real estate developer Reliance Properties has proposed a hotel and condominium tower in downtown Vancouver, looking to meet heightened demand for both housing and hotel rooms in th...
Seattle looks to waterfront for rejuvenation as cruise activity nears record
Emerald City's $806 million revitalization shows commercial development approach playing out in North America
Seattle is embarking on its first week with all major pieces in place on its $806 million waterfront revitalization, a project that spotlights commercial real estate development pl...
Newmark raises outlook after posting double-digit profit growth
New York-based brokerage sees sharp increases in property sales
Real estate services firm Newmark Group raised its earnings outlook for the year as it posted double-digit revenue and profit growth from what executives called a strengthened pipe...
Warehouse on former Boeing land near Seattle trades for $176 million
BGO purchase ranks among largest industrial sales on record in Puget Sound region
A Seattle-area warehouse traded for a reported $176 million in what brokers called one of the year's biggest industrial building sales on the West Coast.
Staypineapple sells third Seattle-area hotel since November
Bellevue-based chain trades Hotel Five in downtown Seattle as part of move into fulltime hotel management
A locally based hotel chain has sold its third property since November as the company transitions from owning to managing boutique hotels.
Amazon-funded housing project takes shape in Seattle's Othello neighborhood
Nitze-Stagen finishes concrete podium of eight-story Trace 4001 multifamily development
A transit-oriented housing project in south Seattle that includes financing from Amazon's $3.6 billion affordable housing equity fund is on track to open next year.
Dermody breaks ground on industrial development south of Seattle
Nevada-based developer expects to finish project next year as industrial construction nears record lows
Dermody Properties has broken ground on two logistics buildings at a site recently acquired by the national industrial developer in Tacoma, Washington.
Outdoor retailer to open new flagship store in Vancouver
Locally based Arc’teryx replaces shuttered retailers at high-profile location
Arc’teryx plans to open a new flagship store in downtown Vancouver, the luxury outdoor clothing brand's corporate home.
Panattoni breaks ground on large Seattle warehouse as tenant demand rebounds
National developer targets one of Puget Sound's last available industrial sites
National real estate developer Panattoni broke ground on a large building south of Seattle in a sign that builders remain confident in the region’s industrial market despite a drop...
Plans in Vancouver for world's tallest green building thrown a financial curveball
Brivia's 60-storey Curv tower faces receivership hearing after bank calls $91 million loan
A proposed Vancouver tower marketed for years as the world's tallest ultra energy-efficient building faces uncertainty after lenders foreclosed on the developer's $91 million const...
Chicago healthcare REIT buys senior living facility near Seattle
Ventas buys MorningStar at Silver Lake to boost holdings in Puget Sound region
Ventas, a real estate investment trust focused on healthcare and senior housing properties, has added a 148-unit senior living facility to its holdings in the Seattle region.
Brokers launch investment firm targeting distressed apartments in Greater Seattle
Keelbase Capital plans up to $550 million in buys as owners face maturing loans
A pair of veteran brokers has launched a firm that aims to capitalize on what they call a "generational opportunity" to invest in distressed apartments and other assets in Greater ...
Developer revises plans for high-rise apartments in Vancouver's Mount Pleasant district
Cressey's project would replace aging commercial buildings with 185 multifamily units
A Vancouver real estate developer has filed a proposal to build a multifamily tower in the city's Mount Pleasant neighborhood, a project that could help alleviate the region's hous...
Prologis improves outlook as logistics customers resume lease deals
Warehouse giant also reports strong development pipeline
Prologis, the world's largest industrial developer and landlord, is raising its earnings outlook as tenants resumed making deals, having hit pause during tariff-related disruptions...
Los Angeles investor adds to Greater Seattle holdings with latest apartment deal
Seattle-based Goodman Real Estate sells Tacoma complex to Benedict Canyon Equities
Benedict Canyon Equities paid $83.8 million to buy its sixth Greater Seattle multifamily property in the latest sign of rebounding investor confidence in the region.
Lululemon grows corporate headquarters with downtown Vancouver deal
Athletic wear maker plans to move into former Microsoft office space next year
Athletic apparel retailer Lululemon plans to expand its corporate footprint in downtown Vancouver after signing one of the city's biggest office leases in years.