Vancouver council approves residential project at former Safeway site
BGO's plan includes hundreds of apartments, new grocery store in West Point Grey neighbourhood
The Vancouver City Council voted to advance a project near the University of British Columbia that would replace a demolished Safeway with four apartment buildings and a new grocer...
Developer buys Seattle retail properties for 800 planned apartments
Lennar's Quarterra division pays $70 million for former Safeway, Burgermaster sites
The multifamily arm of homebuilder Lennar bought a pair of properties for a planned 796-unit apartment development near Seattle's University District.
Prologis expands in Canada with first warehouse acquisition in British Columbia
Global logistics giant to open office in 'critical hub' of Vancouver
The world's largest industrial developer and landlord is expanding its footprint across Canada with its first warehouse acquisition in Vancouver.
How Hamid Moghadam turned a sleepy warehouse firm into real estate powerhouse Prologis
CEO to retire from $200 billion industrial property empire
Hamid Moghadam cites a few principles that guided him in building a small consulting firm into Prologis, one of the world's most valuable real estate companies with $2.7 trillion i...
Port of Seattle closes office deal as part of $5 billion SeaTac expansion
Acquisition provides room for airport-related business growth
The Port of Seattle completed its purchase of a three-building office park to provide more space as the port completes $5 billion in upgrades at Seattle-Tacoma International Airpor...
Weidner sells 131-unit apartment complex near Seattle to local investor
11 Capital pays more than $35 million for Sunrise Lane in Everett
One of the Puget Sound region's biggest apartment owners sold an apartment complex near Seattle in the latest sign that the recovery in multifamily investment is spreading across t...
Developer starts Amazon-backed housing project in Seattle’s pricey Bellevue suburb
Bridge Housing expects to finish 234-unit affordable housing complex late next year
Residential developer Bridge Housing broke ground on an affordable housing project backed by Amazon in Bellevue, a city east of Seattle where the e-commerce giant has moved thousan...
Nordstrom doubles down on expansion of discount brand for future growth
Retailer plans 21 Nordstrom Rack locations in 2025 amid plan to go private
Retailer Nordstrom is looking to capitalize on growing demand for its discount Rack store concept by opening 21 locations this year, nearly matching last year’s total.
Service organizations plan four-tower residential complex in south Vancouver
Kiwanis, Soroptimist International propose 847 subsidized rental units near SkyTrain station in Marpole area
A pair of service organizations have proposed a high-rise transit-oriented residential development in south Vancouver to increase the city's supply of housing for mixed-income tena...
California investor buys warehouse near Seattle as industrial interest picks up
BlackRock sells building in Auburn logistics hub for $44 million
Kennedy Wilson bought a warehouse in Auburn, one of the biggest logistics hubs in greater Seattle where industrial investment volume is on track to meet levels before the pandemic.
Seattle apartment sale extends region's rebound of high-dollar deals
Tokyo-based firm pays nearly $43 million for complex in Queen Anne from Equity Residential
An apartment complex in the Lower Queen Anne neighborhood near the Seattle waterfront traded to a Japanese firm in the latest sign that multifamily investment has rebounded in the ...
Developers push back against Vancouver's plan to enter for-profit housing business
Critics say program to build thousands of market-rate rentals could pit government against private sector
Vancouver's pilot program to develop for-profit housing on city-owned land has drawn criticism from some developers and others in the industry who say the initiative could give the...
Outdoor co-op REI sells distribution centers across US to save $230 million
New York investor buys Seattle retailer's four warehouses in sale-leaseback deal
REI Co-op sold four warehouses across the United States in a $230 million sale-leaseback deal as the outdoor retailer tries to bounce back from years of financial struggles since t...
Developers propose twin apartment towers in plan for second Vancouver downtown
InterRent, Crestpoint joint venture to replace older buildings in Kitsilano with 416 units
InterRent Real Estate Investment Trust has teamed with Crestpoint Real Estate Investments to develop a pair of apartment towers in the latest proposal to build rentals in Vancouver...
Microsoft still plans to boost data center spending despite reports of canceled leases
Tech giant may 'pace or adjust' developments in some areas
Microsoft said it is still on track to invest billions in artificial intelligence computing infrastructure despite an industry report that the tech giant has canceled leases with a...
How Trump administration policies could shape the real estate recovery
Executives report uncertainty among clients about potential effect of tariffs, inflation
As they celebrate another quarter of surging deals, executives with the largest commercial real estate brokerages are sounding notes of caution amid what they say is growing uncert...
Cushman & Wakefield posts profit in what it calls 'early innings' of real estate recovery
Surging office activity sends earnings up 62% for Chicago-based brokerage
Cushman & Wakefield posted a profit fueled by a rebound in office leasing and the brokerage's strongest quarter for property sales and financing in nearly three years.
Prologis CEO Hamid Moghadam to retire next year
Longtime executive Dan Letter to succeed co-founder of industrial real estate giant
Hamid Moghadam plans to retire as CEO of Prologis next year after leading the world’s largest industrial real estate and its predecessor company for more than four decades.
Industrial venture enters British Columbia with $143 million waterfront purchase in Vancouver
Wesbild sells 27.5-acre property to Dream Industrial REIT, Singapore-based GIC
A joint venture bought its first real estate in British Columbia, paying $143 million for a large waterfront property in North Vancouver in one of the region's highest-priced indus...
JLL posts profit as global office leasing reaches six-year high
Chicago-based brokerage joins rivals in warning that economic uncertainty could affect 2025 results
JLL posted a profit fueled by rebounding office leasing and property sales. Executives predicted steady transaction growth in 2025 despite industrywide economic and geopolitical un...