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theorcasonian.com

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Pea Patch Community Campus takes shape; housing construction to begin this Fall

The Pea Patch Campus is beginning to be shaped into the community we’ve been imagining. Over the summer, local contractor Island Excavating completed site preparation, utility connections, stormwater management (no, that big hole in the ground is not a swimming pool!) and laid the foundation for a new entry road. Watch the site work video to see the progress. This January, construction gets underway on the Townhomes – 20 long-term affordable rental homes – with completion expected by the end of 2027.

Mercer Island, WA · 5d
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connectcre.com

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Recent Signing Brings Seattle Office Building to 96% Occupancy

The Swig Company’s Lake Union Building in Seattle now stands at 96% occupied after a recent lease agreement with an unnamed private equity firm for 5,000 square feet. Only one 3,800 square feet space remains on the building’s newly remodeled fifth floor. Located at 1700 Westlake Avenue N...

Seattle, WA · 6d
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My Ballard

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Ballard Goodwill redevelopment moves forward with rezone application

The developer behind the proposal to tear down the Ballard Goodwill to make way for a 300-unit apartment building has filed a rezoning application for the parcel at 6400 8th Ave NW. Timberlane Partners and Runberg Architecture Group first submitted a land use application in August to redevelop the Goodwill...

Seattle, WA · 5d
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hoodline.com

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Martin Selig Restructures Nearly $500M in Seattle Office Debt, Eyes Exit From Receivership

Martin Selig Real Estate has completed loan modifications totaling nearly $500 million across 12 downtown Seattle office buildings, a restructuring that is set to pull nine of those properties out of receivership. The agreements cover roughly 2.2 million square feet of office space, including the company's own Second Avenue headquarters, at a moment when the 89-year-old developer's once-dominant local footprint has been battered by years of rising vacancy and falling revenue.

Seattle, WA · 5d
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425magazine.com

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Fragrance Boutique Planned for New Downtown Kirkland Condo Development

A niche fragrance boutique has signed a lease to open at the Central Peak Residences condominiums under construction in downtown Kirkland, the housing project’s developer and shop’s founder announced Tuesday. The Drydown, which was founded in Carlsbad, California, by University of Washington alumna and Seattle-area native Shaya Assareh,...

Kirkland, WA · 6d

westseattleblog.com

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BIZNOTE: Our area will soon have one laundromat left, with West Seattle Coin Laundry closing (owner’s message added Friday)

6:35 PM THURSDAY: Bad week for customers of West Seattle cleanliness businesses. Back on Monday, we reported on the shutdown of Car Wash Palace at 35th/Graham; now a closing date is posted for West Seattle Coin Laundry in Admiral Junction. Here’s their sign explaining the plan to close November 15:

Seattle, WA · 5d

Realty Today

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Zillow October Data: Pending Sales Post Steepest Annual Drop Since 2023 as Rates Entrench Above 7%

The numbers that came out of October's housing market are stark. Newly pending listings fell 16.8% year over year last month, the largest annual decline since August 2023 and the slowest October for contract signings since 2018, according to Zillow's October Market Report published Thursday. The culprit is not mysterious: mortgage rates averaged 7.33% across the month, up nearly half a percentage point from September, and the resulting spike in monthly payment obligations stopped a substantial share of would-be buyers in their tracks.

Seattle, WA · 5d

westsideseattle.com

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West Seattle Car Wash Palace closes as property hits market for redevelopment

The self-service Car Wash Palace at 6301 35th Ave SW in West Seattle permanently shut down operations on November 2, 2026. The property, owned by JTV Legacy Holdings LLC, carries an appraised value of $1,492,700. The lot has been taped off and the washing bays are closed as the site goes on the market as a potential redevelopment opportunity.

Seattle, WA · 8d

hoodline.com

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Morgan Stanley Unit Drops $87M on Othello Apartments as Seattle Rentals Tighten

A 359-unit mixed-use building next to the Othello light rail station in south Seattle has sold for $87.3 million, landing at roughly $243,293 per unit. The buyer is Eaton Vance, a Boston-based investment firm owned by Morgan Stanley, which acquired the Assembly118 Apartments at 4200 S. Othello St. from Vancouver, British Columbia-based developer Woodbridge Northwest.

Seattle, WA · 6d

connectcre.com

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Martin Selig Real Estate Restructures $500M in Debt for Seattle Office Buildings

Martin Selig Real Estate has completed loan modifications totaling nearly $500 million for 12 Seattle office buildings. Newmark leases the portfolio, with a team led by Executive Managing Directors Cavan O’Keefe and Jesse Ottele and Director Brody O’Keefe, working with Martin Selig Real Estate’s Leasing Director Michael Brixner. “These modifications send a clear signal to the market that these assets are actively competing for tenants,” said O’Keefe.

Seattle, WA · 8d

bellevuedowntown.com

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Onni Group Launches Office Leasing at Landmark Three-Tower Development in Bellevue, WA

Bellevue, Wash. (November 2, 2026) – Onni Group has launched office leasing at Onni Bellevue, a landmark three-tower mixed-use development now under construction and set to transform the city's skyline. Rising approximately 600 feet, the project will offer up to 800,000 square feet of Class A office space with the flexibility to accommodate major corporate headquarters. Plans for a luxury hotel, upscale residences, corporate housing, and retail will complement the workplace component. Excavation began in July, and delivery is targeted for Q4 2030. Kidder Mathews' Gary Guenther and Jason Bloom serve as the exclusive leasing agents for the office space.

Bellevue, WA · 9d

downtownbellevue.com

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Bellevue Collection Expected to Hit the Market in Early November

The Bellevue Collection is expected to be formally listed for sale in early November, Kemper Development Company confirmed. Jennifer Leavitt, Kemper Development’s senior vice president of marketing, said the company expects the marketing information for the property to be finalized very soon. The listing is the next step in...

Bellevue, WA · 8d

Chronicle

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After a decade of big gains, household income stalls in Seattle

Every fall, the U.S. Census Bureau releases income data for cities, and for the past decade, I got used to reporting eye-popping increases for Seattle households. After reviewing the new 2025 data, released last week, I can report that streak is over. Seattle’s median household income was about $122,800 in...

Seattle, WA · 8d

downtownbellevue.com

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800,000 SF Office Leasing Opens at Former Downtown Bellevue Barnes & Noble Site

Onni Group has opened leasing for the office tower at Onni Bellevue, the three-tower development under construction on the former Barnes & Noble site in Downtown Bellevue. Commercial real estate firm Kidder Mathews is marketing 800,000 square feet in the 47-story tower, with space divisible down to 100,000 square feet.

Bellevue, WA · 9d

MyNorthwest.com

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End of an era: Former Fox Island Christmas tree farm set for redevelopment

A former Christmas tree farm in Pierce County will soon become eight custom homes, marking a final goodbye to a beloved family business. The Ketcham Christmas tree farm on Fox Island opened in the 1970s, but closed after its founder died in 2011. Garrette Homes, a local developer, has preliminary...

Fox Island, WA · 11d

mykxlg.com

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Best Windermere Realtor in Bellevue, WA Research Report Published by CX Research Institute

CX Research Institute’s 2026 report ranks Matthew Chapman of Windermere Real Estate as Bellevue’s top Windermere Realtor, citing his advisory services, transaction history, and Social Realtor giving model, among nine other agents evaluated. Bellevue, WA - October 31, 2026 - CX Research Institute is pleased to announce the...

Bellevue, WA · 10d

hoodline.com

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Simon Property Group Agrees to Acquire Seattle's University Village

University Village, the open-air shopping center that has anchored the area north of downtown Seattle near the University of Washington for nearly seven decades, is set to be acquired by Simon Property Group. A subsidiary of the national mall operator has entered into an agreement to acquire the center, with the deal expected to close before the end of 2026.

Seattle, WA · 11d

ncwlife.com

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WATCH: Court rules landlord's suit against Seattle rental rules can proceed

(The Center Square) - A lawsuit filed against the City of Seattle that claims the city's rental regulations have been financially ruinous is being allowed to move forward. The Division One Court of Appeals this week reversed a lower court ruling that had dismissed the case in favor of the city.

Seattle, WA · 11d