A tech-anchored gateway with strong industrial and life-science fundamentals; office recovery tracks the return-to-office posture of its largest employers.
The Seattle commercial real estate market is navigating a complex landscape characterized by shifting investor sentiment and evolving sector dynamics. While demand remains robust in certain segments, particularly in technology-driven areas, challenges persist in others, notably in traditional office spaces. Lenders are adopting a cautious approach, reflecting broader economic uncertainties, which may influence capital allocation strategies among institutional investors.
Items added to the wire per week · last 12 weeks
Keelbase Capital , a Seattle-based real estate investment firm, announced the acquisition of The Baxter, an 80-unit apartment community in downtown Bellevue. The acquisition reflects Keelbase’s strategy of targeting f…
SEATTLE — Cadence Real Estate Advisors has acquired The Court at Northgate, a multifamily community located in the Pinehurst neighborhood of Seattle. A private seller group sold the asset for an undisclosed price. Bui…
Colliers announced the $17.5 million sale of 6700 Roosevelt, an 88-unit multifamily community directly across from the Roosevelt light rail station in Seattle’s Roosevelt neighborhood. Coverse Capital Investments acqu…
Superhuman, the AI productivity company rebranded from Grammarly, officially opened its new Seattle hub at 1000 Dexter Avenue N. in South Lake Union. Headquartered in San Francisco, Superhuman is expanding its physica…
Keelbase Capital , a Seattle-based real estate investment firm, announced the acquisition of The Baxter, an 80-unit apartment community in downtown Bellevue. The acquisition reflects Keelbase’s strategy of targeting f…
SEATTLE — Cadence Real Estate Advisors has acquired The Court at Northgate, a multifamily community located in the Pinehurst neighborhood of Seattle. A private seller group sold the asset for an undisclosed price. Bui…
Colliers announced the $17.5 million sale of 6700 Roosevelt, an 88-unit multifamily community directly across from the Roosevelt light rail station in Seattle’s Roosevelt neighborhood. Coverse Capital Investments acqu…
Superhuman, the AI productivity company rebranded from Grammarly, officially opened its new Seattle hub at 1000 Dexter Avenue N. in South Lake Union. Headquartered in San Francisco, Superhuman is expanding its physica…
Seattle recorded the largest annual decline for the second consecutive month
High Street Residential , the residential subsidiary of Trammell Crow Company , announced the signing of a new retail lease on the ground floor of The Ryder, an upcoming 244-unit multifamily community in the Roosevelt…
The “Back to Starbucks ” overhaul isn’t over yet. Seattle-based coffee giant Starbucks announced Thursday that it will close 250 stores across North America this week in its second round of mass closures since Brian N…
A new coffee shop has opened in the heart of Seattle’s Central District at Vulcan Real Estate’s 23rd & Jackson development. Coffee TAB is a nonprofit that runs a barista training program and hires apprentices. T…
Canadian developer Onni Group has secured $41.7 million in financing for Block V, a two-tower development in Seattle. The project is located at the site of former parking lots near Seattle’s South Lake Union neighborh…
Seattle House, a new 1,131-home luxury rental community in Seattle’s Denny Triangle, is now actively pre-leasing ahead of its fall opening. Located in the heart of Denny Triangle at 2340 6th Avenue, Seattle Hous…
The award extends the contractor’s long string of work for the military branch.
Sanctuary, a Puget Sound performance, recovery and social club, announced plans to open a new Seattle location in Spring 2027 in the Metropolitan Park North building at 1827 Yale Ave in Seattle’s Denny Triangle neighb…
Timberlane Partners has secured $27 million of acquisition financing for the purchase of a multifamily complex in suburban Seattle, Commercial Observer has learned. Mesa West Capital supplied the five-year, nonrecours…
Non-residential construction conditions in the Seattle area remained broadly stable through the first half of 2026, though cost pressures varied significantly by market, trade and project type. According to a recent r…
The Urban League of Metropolitan Seattle (ULMS) has launched its Reclamation & Restoration Capital Campaign. The initiative will fund a new Empowerment Center at 23rd and Rainier in the Rainier Valley neighborhood, wh…
TUKWILA, WASH. — Sagard Real Estate has purchased 1100 Andover Park West, an industrial asset in Tukwila, approximately 12 miles south of Seattle. Situated on 5.6 acres, the 133,750-square-foot property features a cle…
A joint venture among Mack Real Estate Group , Silverstein Properties and Cantor Fitzgerald has secured $55 million to refinance Swell Apartments , a 200-unit multifamily complex in Downtown Seattle, Wash., Commercial…
The slower timeline stems from cost savings work and a longer construction schedule for some of the extension’s most complex portions.
Redfin reports U.S. new listings hit their highest level since 2022 in August, driven by San Jose, Nashville and Seattle. The total number of homes for sale hit their highest level since 2020. The median home-sale pri…
Nationwide vote will help co-op allocate funding for trail advocacy, education and stewardship across all 50 states SEATTLE, Sept. 8, 2026 /PRNewswire/ -- This National Public Lands Day on Sept. 26, REI Co-op is donat…
JACKSONVILLE, FLA. AND SEATTLE — EverBank Financial Corp., the Jacksonville-based parent company of EverBank NA, has entered into a $3.9 billion reverse merger transaction with WaFd Inc. (NASDAQ: WAFD), the Seattle-ba…
Seattle-based real estate investment firm Timberlane Partners has acquired the Vista Ridge, a 91-unit apartment complex in Issaquah, for $37 million. The 91-unit apartment complex at 201 Mountain Park Blvd. SW sold in…
SEATTLE — Freestone Capital has purchased Aperture on Fifth, an apartment property in downtown Seattle, from PrivatePortfolio Group for $32.2 million or $304,245 per unit. Giovanni Napoli, Philip Assouad, Ryan Harmon,…
San Francisco stands out as one of the only major coastal markets where new apartments have grown larger over the past decade, a counterpoint to the shrinking floor plans reshaping gateway cities from Seattle to Brook…
Bender Equities has sold East Howe Steps, an apartment complex located in Seattle’s Eastlake neighborhood. An affiliate of Sequel Investment Co. and Evergreen Gavekal acquired the property for $35 million, or $351,579…
SEATTLE — Bender Equities has completed the sale of East Howe Steps, a mixed-use apartment complex located in Seattle’s Eastlake neighborhood. SI-East Howe Steps LLC, an affiliate of Sequel Investment Co. and Evergree…
SEATTLE — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of East Howe Steps, an apartment complex located in Seattle’s Eastlake neighborhood. The seller was Bender Equ…
SEATTLE — Freestone Capital has acquired Aperture on Fifth, a 106-unit community in the Denny Triangle neighborhood of Seattle, from PrivatePortfolio GroupFreestone Capital for $32.2 million, or $304,245 per unit. Gio…
Community Roots Housing and Kids Co. have begun construction on a new early learning center at CopperLeaf Northgate, one of Seattle’s newest affordable housing communities. The new 7,761-square-foot center and outdoor…
Waterton has acquired Arrivé, a 344-unit high-rise apartment community in Seattle’s Belltown neighborhood. The acquisition includes the residential portion of the building, located on floors 11-42 above a hotel proper…