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Lake Washington Partners and KCPQ FOX 13/KZJO FOX 13+ Announce Relocation to New Broadcast Studio at Axis9 in Seattle

FOX 13 to Relocate Operations to Downtown Seattle in 2026 SEATTLE, WA — December 18, 2025 — Lake Washington Partners (LKWP) and FOX Television Stations today announced that...

REALM Acquires Fully Leased 42,000 SQFT 300 Building in Portland’s Pearl District

Acquisition of 42,000-square-foot mixed-use “jewel box” asset aligns with REALM’s focus on cash-flowing, institutional-quality opportunities. PORTLAND, Ore., Dec. 18, 2025 — REALM, in...

KB Home Buys 94,000 SQFT Issaquah Office for $25.6MM from Modiv

King County records show the homebuilder acquiring Sammamish Park Place – Building A in a deal that underscores office-to-housing redevelopment pressures Office-to-residential conversions...

First Security Bank Puts 53,000 SQFT Headquarters in Mountlake Terrace on the Market for $13.85MM

Three-story office building near I-5 in Snohomish County offered at roughly $260 per square foot As office owners across the Puget Sound region...

Construction Labor Costs Rise 3.8% Despite Broader Economic Cooling

Employment Cost Index shows construction bucking trend of moderating wage growth in Q3 The construction industry is charting its own course in the...

Border Tensions Take a Toll on Washington State’s Tourism-Dependent Businesses

Sharp decline in Canadian visitors forces layoffs and reduced hours across hospitality and retail sectors near the border Washington State businesses that have...

Essex Property Trust Taps Bond Market for $350MM to Refinance Maturing Debt

West Coast apartment REIT issues 11-year senior notes at nearly 5 percent as it manages upcoming debt maturities Essex Property Trust, one of...

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Inflation Expected to Hold Near 3% Through Mid-2026 as Government Shutdown Disrupts October Data Collection

Wells Fargo projects two-month core CPI rise of 0.48 percent between September and November The October government shutdown has created an unusual gap...

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Sagard Real Estate Expands Retail Platform with $29.3MM Acquisition of 74,000 SQFT Grocery-Anchored Property in Lake Stevens

(Editor’s Note: According to Snohomish County public records, the property is located at 208 91st Ave. NE, Lake Stevens, and the sales price...

CommercialFinanceIndustry NewsPortland

Urban Renaissance Group Sells 150,000 SQFT Morgan Building in Portland for $6MM, Marking 78% Decline from 2008 Purchase Price

Historic 150,040-square-foot downtown Portland office property trades at steep discount as market vacancy reaches record levels Portland’s commercial real estate market is experiencing...

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Commercial Real Estate Market Gains Momentum as Property Prices Rise 4.2 percent Year Over Year

Federal Reserve rate cuts drive $1.9 billion reduction in distressed properties, transaction volumes jump 13.2 percent year-to-date The commercial real estate market is...

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Sound Transit’s Federal Way Link Extension Set to Open, Completing Critical Suburban Corridor

Seven-year, $2.6 billion project brings light rail 7.8 miles south, connecting Seattle to Pierce County border Sound Transit will begin passenger service on...

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CommercialFinanceIndustry NewsNews ReleasesPortland

REALM Acquires Fully Leased 42,000 SQFT 300 Building in Portland’s Pearl District

Acquisition of 42,000-square-foot mixed-use “jewel box” asset aligns with REALM’s focus on cash-flowing, institutional-quality opportunities. PORTLAND, Ore., Dec. 18, 2025 — REALM, in...

Urban Renaissance Group Sells 150,000 SQFT Morgan Building in Portland for $6MM, Marking 78% Decline from 2008 Purchase Price

Historic 150,040-square-foot downtown Portland office property trades at steep discount as market vacancy reaches record levels Portland’s commercial real estate market is experiencing...

Hurley Development Sells 35,500 SQFT Retail Asset in Camas for $18.68MM

Vancouver, WA– December 16, 2025 – CBRE has announced the sale of a 35,547 square-foot multi-tenant strip center located at 301 NE 192nd...

Strategic Office Partners Lists 82,800 SQFT Portfolio in Beaverton Creek Business Park

Beaverton office and medical campus listing managed by Institutional Property Advisors In a suburban office market still adjusting to post-pandemic demand, owners are...

PacificWRO Leases 18,500 SQFT at Portland’s 5 MLK Building

Office furniture firm relocates to Central Eastside tower amid weak office demand As Portland’s office market adjusts to smaller footprints and cautious tenants,...

SKB Buys 162,000 SQFT Former Federal Courthouse in Downtown Portland From GSA for $1.8MM

Local developer plans office move-in and long-range restoration of the 1933 landmark Portland’s efforts to revive its central city gained a symbolic lift...

Hudson Pacific’s Seattle Gamble: Doubling Down as Others Flee

The struggling office REIT is buying out partners and restructuring debt on West Coast towers, betting on a tech recovery that hasn’t arrived...

Washington State Job Market Holds Steady Despite National Headwinds

State avoids major unemployment shifts as federal data disruption clouds economic picture Washington state’s labor market navigated September without significant turbulence, maintaining an...

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The $200 Billion Question: Where Does Your Tariff Tax Go?

By Billy the Broker (I just want to stay anonymous) The Trump administration is crowing about collecting $200 billion in tariff revenues this year. Customs...

CommercialContributorsFeaturedFinanceIndustry NewsRetail

McNellis on CMBS: “Commercial Mortgage BS”

By John McNellis This essay is taken from John’s forthcoming 3rd edition of Making it in Real Estate.  I was leaning against the bar...

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Why CRE Experts Say the Looming $1.26 Trillion Debt Wall Can Be Scaled

By Kidder Mathews Roughly $1.26 trillion in commercial real estate loans are set to mature through 2027. Most originated in the mid-2010s, when rates averaged between...

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How Does Humanity Fit into an AI World?

By Hans Hansson, President of Starboard CRE Reflections from a Real Estate Convention and Beyond Introduction: An Unexpected Encounter in Nashville Last week...

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Hudson Pacific’s Puget Sound Assets Hold Steady as Leasing Improves, Losses Persist

Hudson Pacific Properties’ third-quarter 2025 results showed continued financial strain for the West Coast-focused office landlord, but its Pacific Northwest assets—centered largely in...

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LEED v5 is Here: What to Know About the Business of Building Better 

By Tolga Tutar, Senior Sustainability Director at Skanska USA Building For the first time in over a decade, the U.S. Green Building Council...

The $200 Billion Question: Where Does Your Tariff Tax Go?

By Billy the Broker (I just want to stay anonymous) The Trump administration is crowing about collecting $200 billion in tariff revenues this year. Customs...

Weidner Apartment Homes Buys 654-Unit Via6 in Seattle for $295MM

By The Registry Staff A large apartment complex in Seattle has traded hands in the biggest multifamily sale King County has seen this...

Hurley Development Sells 35,500 SQFT Retail Asset in Camas for $18.68MM

Vancouver, WA– December 16, 2025 – CBRE has announced the sale of a 35,547 square-foot multi-tenant strip center located at 301 NE 192nd...

Tacoma City Council Approves Tideflats Subarea Plan to Balance Growth, Environmental Restoration

On December 2, 2025, the Tacoma City Council approved the Tideflats Subarea Plan, a comprehensive strategy developed over seven years of collaboration between...

Legacy Development & Management Buys 234-Room SpringHill Suites Hotel in Seattle for $48.5MM

By The Registry Staff A hotel property in Seattle’s South Lake Union neighborhood has traded hands. The asset, a 234-room SpringHill Suites hotel,...

Stellar Holdings, Selkirk Ridge Buy 4,100 SQFT Bellevue Site for $14.3MM

Office and retail property on Northup Way changes hands in Bellevue, according to King County public records The Bel-Red corridor’s transformation into a...

Strategic Office Partners Lists 82,800 SQFT Portfolio in Beaverton Creek Business Park

Beaverton office and medical campus listing managed by Institutional Property Advisors In a suburban office market still adjusting to post-pandemic demand, owners are...

PacificWRO Leases 18,500 SQFT at Portland’s 5 MLK Building

Office furniture firm relocates to Central Eastside tower amid weak office demand As Portland’s office market adjusts to smaller footprints and cautious tenants,...

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