News
A daily selection of regional commercial real estate headlines the desk is watching.
Updated July 28, 2026, 2:39 PM PDT
The Registry
Berkadia has brought Lipoma Firs Townhomes, a 56-unit townhome community in Puyallup's South Hill area built in 2017, to market carrying an assumable loan priced well below current borrowing costs.
Assumable sub-3% debt is emerging as one of the most sought-after features in Puget Sound multifamily marketing packages given where new financing prices today.
The Registry
King County's 2026 commercial revalue stripped $3.12 billion from the county's assessed commercial base, with the downtown Seattle and South Lake Union appraisal area absorbing the sharpest repricing even as Bellevue, the Eastside and South King County posted gains.
The 47-point spread between Seattle CBD and Bellevue land values in the same revalue cycle underscores how far the assessment gap between the two submarkets has widened.
The Business Journals
Renewed leasing interest in a vacant new-build tower would be an early signal for downtown Seattle's office recovery.
The Registry
CBRE brokered the $112 million sale of A'Cappella Apartment Homes, a 387-unit Lynnwood community, from an affiliate of Weidner Communities to an affiliate of Pacific Urban Investors, among the submarket's largest multifamily trades in recent years.
The sale prices out to roughly $289,000 per unit, one of the larger Snohomish County multifamily trades this year.
Connect CRE
Bridge Logistics Properties acquired a 782,775-square-foot distribution facility at 6920 192nd Street in Frederickson, fully leased to Harbor Freight Tools, marking the firm's largest Seattle-market acquisition to date.
The Registry
West Bay Development Group cleared a critical hurdle for its long-planned waterfront redevelopment when Olympia's hearing examiner approved shoreline permits and rejected an environmental group's challenge, though state review still stands between the project and construction.
The Business Journals
New renderings mark a design milestone for one of the Eastside's mass timber office proposals.
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Headlines and summaries are attributed and link to their original publishers; CMRE Partners does not republish third-party articles. Selection is automated with editorial guardrails and items are presented for regional context only - inclusion is not an endorsement, forecast, or advice. Desk notes, where shown, are general observations, not recommendations for any specific transaction.