Real Estate Blog

What experts are calling a “perfect storm” of factors has driven rents to all-time highs, including in the Seattle area, where average rents have surged past $2,000 in the last year.

The national average apartment rent increased to $1,736 per month in the second quarter — a 17% increase from a year ago — according to data from RealPage Market Analytics. That amounts to a $251 increase per month at a time when inflation is soaring across the nation.

In the Seattle area, rents are up 14.5% compared…

Three former Lord & Taylor department stores in Boston-area malls will be converted into life sciences facilities in the latest such vacant retail renovations locally.

Office vacancies in Oakland's city center have ticked up steadily since the pandemic began. But the trend appears to be slowing.

The four-story development will be a “catalyst” for downtown Puyallup, the mayor says.

Chang Chun Arizona said it entered the U.S. market because of the growing semiconductor industry in Arizona and will serve both the Taiwan Semiconductor Manufacturing Co. plant and manufacturers across the U.S.

The move comes as shareholders of seller Seritage Growth Properties unanimously voted to approve a proposed plan of sale of Seritage’s assets and dissolution on Thursday.

Totaling 42,500 square feet, the facility is fully leased. The Rancho Dominguez submarket has an industrial vacancy rate of 0.7%, showing significant high demand.

Hotel Per La will have a soft-open July 11, followed by a grand opening in September. The redeveloped space will retain the signature features of the NoMad Hotel with considerable upgrades.

And it's possible demand could soften even more after the Fed's next rate hike at the end of July.

Built in 2012, the 8,178-square-foot, eight-bedroom oceanfront home located at 123 Kailuana Loop sits on a 30,445-square-foot lot and boasts 10 full-baths and one half-bath