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April 30, 2025
Mounting leasing momentum bolsters BXP confidence amid wobbly economic outlook
Tariffs and increased volatility across the global economic landscape has created another hurdle for the national office market, but one of its largest landlords is pointing to a surge in leasing activity as a sign that it is positioned to weather the storm.
April 30, 2025
Seattle office vacancy reaches multi-decade high
Office vacancy in the Puget Sound region reached its highest rate in at least 40 years in the first quarter of 2025, topping 16%.
April 24, 2025
Google's headcount is spiking, but don't expect major office deals to follow
Google parent company Alphabet has hired thousands of employees and hit record levels of revenue over the past year, but that growth isn't expected to translate into significant expansions to its office portfolio as the company keeps its foot on the brake when it comes to workspace-related real estate investments.
April 24, 2025
California investor buys apartments in Seattle's booming Bellevue suburb
A 195-unit apartment complex in Seattle's Bellevue suburb sold for $68.5 million in a deal between two California-based multifamily investment firms.
April 24, 2025
Catalyst raises $140 million for workforce housing investments
Catalyst Opportunity Funds, a Salt Lake City-based investment firm, has completed fundraising for its Catalyst Opportunity Fund II, pulling in $140 million.
April 22, 2025
Developer pitches three-building life science project in Seattle
A real estate developer has filed plans to build a sprawling technology and life science project in Seattle amid signs of a rebound in lab demand in the region.
April 22, 2025
Chicago multifamily investor buys apartment complex in Seattle's Belltown neighborhood
Real estate company Waterton added to its Seattle multifamily portfolio with the purchase of an 18-story complex near three of the city's most popular neighborhoods.
April 22, 2025
US imports from China expected to plunge at least 40%
Trade paralysis is beginning to set in as the rollercoaster of tariff announcements whiplashes markets, companies and consumers, all of which remain unsure about what to expect next. The rising economic policy uncertainty will significantly affect warehouse demand in coming years.
April 18, 2025
Tourbineau Real Estate Partners acquires RDA Building for conversion in Seattle
Tourbineau Real Estate Partners has acquired the RDA Building at 800 Maynard Ave., in Seattle, with the goal of converting the mostly vacant property to self-storage.
April 17, 2025
Disney shrinks Seattle hub in hit to downtown recovery
The Walt Disney Co. is jumping on the renew-but-shrink bandwagon with its latest decision to downsize its downtown Seattle office.
April 15, 2025
Apartments trade in one of Seattle's biggest property sales this year
A 337-unit apartment complex in the Seattle suburb of Issaquah traded for $135.5 million in one of the Puget Sound region's biggest property sales of the year.
April 15, 2025
Puget Sound region’s total employment growth improves in 2025
The Seattle region continued to see employment growth year over year in February.
April 14, 2025
Pacific Northwest hotel sales plummet to a decade low
In the first quarter of 2025, roughly $109 millionacross 23 hotel assets traded in the four Pacific Northwest markets, a 60% decrease in sales compared to the same period in the prior year.
April 11, 2025
Washington State effort to adopt rent control moves forward, but with changes
Washington is one step closer to rolling out a bill that would make the state the third in the country to have a statewide rent control law.
April 10, 2025
Amazon doubles down on big real estate spending as others pull back
Amazon plans to keep spending heavily on projects to build logistics facilities and data centers this year, despite tariffs roiling the global economy.
April 10, 2025
Seattle senior living firm scoops up historic building at discount
A local senior living firm has added a Seattle property to its Washington portfolio as occupancy in the sector reaches a historic high across the country as baby boomers enter their peak retirement years.
April 10, 2025
Kidder Mathews adds general counsel in expansion; Gensler promotes pair for Midwest ramp up; Knightvest taps investment officer to help land Sun Belt deals
Kidder Mathews taps general counsel
April 10, 2025
Logistics availability hits record high in Puget Sound region
Seattle saw one of the largest jumps in industrial availability last quarter, with construction and shrinking demand contributing to the trend.
April 9, 2025
Industrial development near Seattle's Tacoma suburb signs first tenants
A private developer has signed two tenants to fill the first building in its Peak 410 industrial complex near Tacoma, Washington.
April 9, 2025
Industrial construction elevated in the Puget Sound region
The industrial space under construction in the Puget Sound region is at its lowest level in about five years. Space underway is about half of the peak level reached in 2021. Even so, activity remains elevated.