Eastsound
Eastsound, WA · Real Estate
Chronicle
downtownbellevue.com
MyNorthwest.com
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hoodline.com
Mill Creek Annexation Could Add 11,700 Residents, but One Leader Smells a 'Sugar High'
Mill Creek is moving toward its biggest expansion in nearly two decades, after the City Council voted 6-0, with one abstention, to authorize staff to begin working with Snohomish County and the state Boundary Review Board on a plan that could add an estimated 11,700 residents south of the city. If it goes through, the annexation would be Mill Creek's first since 2008 and could push the city's population from about 21,000 to roughly 32,000.
hoodline.com
Indianapolis Developer Bets on Auburn With 185,000-Square-Foot Warehouse Plan
An Indianapolis-based developer is planting a second flag in the Puget Sound region, with plans for a 185,000-square-foot speculative industrial project in Auburn. Scannell Properties, which only recently finished its debut Washington warehouse near Everett, is now setting its sights on the South Sound as the broader warehouse market cools considerably.
signalakron.org
Akron ballot issues go further than rental laws in Columbus, Seattle
The housing proposals that Akron voters will consider to eliminate application fees for renters, allow security deposits to be paid over several months and treat people with criminal histories as a protected class have similarities to laws in locations across the country. Those proposals mirror others in states and cities...
MyNorthwest.com
Housing Hope breaks ground on its first affordable housing for older adults in Everett
Snohomish County nonprofit Housing Hope broke ground Monday on a 67-unit affordable housing community for adults 55 and older in north Everett. It’s the organization’s first project built specifically for older adults. The building will go up at 2624 Rockefeller Avenue, and is expected to be finished in...
connectcre.com
MyNorthwest.com
‘How come they always give us deadlines?’: Gee and Ursula slam slow permits as Seattle rents climb
KIRO host Gee Scott wants to know why the government can penalize residents for missing deadlines while taking months to deliver the approvals those same taxpayers need. The question came as KIRO host Ursula Reutin raised permitting delays as a contributor to western Washington’s housing costs on “The Gee and Ursula Show” on KIRO Newsradio. While discussions about expensive housing often center on land prices, interest rates, and tech money, Ursula questioned how much of the problem begins at city hall.
yieldpro.com
Kidder Mathews Arranges Sale of 54,886 SF Multifamily Development Site in Kirkland Washington
Kidder Mathews has arranged the sale of a 54,886-square-foot multifamily development site at 9755 NE Juanita Drive in Kirkland, Washington. Dylan Simon, Jerrid Anderson, and JD Fuller of the Simon | Anderson Multifamily Team represented the seller, an institutional developer, and served as the sole brokers in the transaction. Located...
connectcre.com
Report: Seattle-Tacoma Area Office Market Sees Declining Vacancy
The Seattle-Tacoma metro area office is showing signs of declining vacancy, according to a recent report by Marcus & Millichap. “Seattle-Tacoma’s office market is showing broader signs of stabilization as improving absorption and a nearly empty development pipeline support declining vacancy, although recovery continues to vary by property class and submarket,” said Joel Deis, senior managing director, market leader.
Axios Seattle
Downtown Seattle office leasing hits 8-year high
Downtown Seattle's battered office market is showing signs of life after years of declining occupancy, though full recovery likely remains a way off. Why it matters: The gains offer a hopeful sign for one of Seattle's most troubled economic sectors, which has struggled to recover from the pandemic and remains a weak spot in the city's economy . Driving the news: Downtown Seattle gained 300,000 square feet of occupied office space in the third quarter, its first quarterly increase since 2021, according to commercial real estate firm CBRE . The downtown vacancy rate dipped to 35.4%, down half a percentage point from the previous quarter. Across the Puget Sound region, occupied office space increased by 514,000 square feet, marking the fourth consecutive quarterly gain, per CBRE. New lease commitments in Seattle's traditional office core in the second quarter totaled more than 550,000 square feet, making it the strongest quarter for new leasing since 2018, according to Elliott Krivenko of CoStar . Case in point: AI company Anthropic recently expanded its Seattle footprint to about 163,000 square feet. Zoom in: Companies are gravitating toward high-end offices with amenities such as conference rooms, event spaces and fitness centers that can help attract
westseattleblog.com
UPDATE: Seattle Social Housing Developer buying Youngstown Flats
(2013 photo, shortly after Youngstown Flats opened) Just a few moments ago, our Board voted to acquire Youngstown Flats in West Seattle. That will bring our total to ~350 social housing homes citywide by the time we close on the property – which we expect will happen in mid-December.