Real Estate

Read the latest news about residential and commercial real estate in the Seattle area and Pacific Northwest. Topics include home sales and prices; rent and mortgage rates; apartment, condo and single-family housing markets; development, skyscrapers, construction and office space; and affordable housing issues. Some of the players in the marketplace include Vulcan, Zillow, Redfin and Case-Shiller.

Starbucks gets cold reception after demanding rent breaks from landlords

A steady stream of cars goes through the drive-through at Starbucks on Martin Luther King Jr. Way S. near S. Graham St. in Seattle Tuesday, May 19, 2020.  Starbucks landlords, especially of busy drive-throughs, say they’re not willing to give in to Starbucks’ request for 12 months of lease concessions.  This particular location also has no inside seating.

Starbucks, warning of the impact of "the worst recession since the Great Depression," has demanded rent concessions from many of its landlords. Some are not happy to be asked.

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