SRM Development Lands $72.5MM Bank OZK Construction Loan for 239-Unit Brizo Apartments in Downtown Bellevue
Spokane-based SRM Development has lined up $72.5 million in construction financing from Bank OZK to build Brizo, an eight-story, 239-unit market-rate apartment building...
CenterCal Lands Eight New Retailers at Bridgeport Village in Tigard This Fall
Six First-to-Market Brands Anchor Bridgeport Village's Busiest Leasing Year Since Its 2022 Overhaul
$12.3MM Bridge Loan Secured for Workshop St. Johns Campus in Portland
Baum Revision Joint Venture Refinances 200,000 SQFT Riverfront Mill Campus as Portland Industrial Availability Hits a Record The owners of a century-old riverfront...
Seattle’s AI Footprint Grows 42% Since 2024, Nearly Matching San Francisco’s Pace, JLL Report Finds
A 2026 JLL study ranks Seattle as the nation's third-largest pool of senior artificial intelligence talent and one of two strong secondary markets...
Boldt Real Estate Plans Emergency Department in 14,000 SQFT Former Lake City Walgreens
Boldt Real Estate is under contract to convert a shuttered Walgreens in Seattle's Lake City into an outpatient emergency department, part of a...
Conner Homes Opens 15-Home Newport View in Bellevue With Prices From $2MM
Conner Homes, a builder with more than 65 years in the Seattle area, is pricing its 15-home Newport View at about $570 to...
Grand Illusion Cinema Signs 10-Year Lease at Seattle’s Historic Varsity Theatre
The reopening restores movie screens to a University District that had 16 as recently as 2010 and has had none since the Varsity...
The French Bakery Seeks 2,500 to 4,500 SQFT Sites Across Nine Eastside and North End Markets
The French Bakery, an Eastside artisan patisserie that runs three cafés in Bellevue and Redmond, is seeking 2,500 to 4,500 square feet of...
Seattle’s Security Properties Cuts Deal Underwriting to Minutes as Puget Sound Embraces AI
Seattle-based Security Properties has put a proprietary AI underwriting engine into its acquisition pipeline, and with Seattle, Everett and Bellevue piloting AI permit...
Morrison Foerster Commits to 29,000 SQFT at Kilroy’s West8 Tower as Seattle Office Aims to Double Headcount
Eight months after planting its flag in Seattle with a team of litigators from Perkins Coie, San Francisco-based Morrison Foerster has signed a...
Cushing Terrell Buys Seattle’s Graphite Design Group, Growing Local Architecture Team to 30-Plus
Cushing Terrell has absorbed Seattle architecture firm Graphite Design Group, taking on its team, contracts and client relationships and building a Seattle architecture...
Portland Sheds 26,800 Jobs as Apartment Absorption Collapses 76% to 2,150 Units
Seven straight quarters of job losses have drained renter demand out of the Portland apartment market, cutting net move-ins by more than three-quarters...
Kidder Mathews Taps Former BPM Real Estate Group Executive DeAnna Amende to Lead Portland Asset Services
Kidder Mathews has hired DeAnna Amende, a Certified Property Manager who led the repositioning of PacWest Center and the lease-up of Block 216,...
$12.3MM Bridge Loan Secured for Workshop St. Johns Campus in Portland
Baum Revision Joint Venture Refinances 200,000 SQFT Riverfront Mill Campus as Portland Industrial Availability Hits a Record The owners of a century-old riverfront...
CenterCal Lands Eight New Retailers at Bridgeport Village in Tigard This Fall
Six First-to-Market Brands Anchor Bridgeport Village's Busiest Leasing Year Since Its 2022 Overhaul
KCB Partners and SKB Buy Semiconductor-Anchored Trellis West Campus in Hillsboro for $30.9MM
Trellis West, a 214,152 SF Hillsboro campus anchored by Applied Materials and KLA, sold at 90% leased with 5+ MW of power.
Chehalem Buys Neighboring 44-Acre Pamplin Winery, Assembling 255-Acre Estate Campus in Oregon’s Laurelwood District
Stoller Wine Group is adding the Pamplin family's 2008-built winery, cold storage and roughly 15 acres of Pinot noir, Pinot gris and Chardonnay...
Birch Community Services Leases 51,000 SQFT East Portland Warehouse, More Than Doubling Its Space
Birch Community Services is gaining 29,000 square feet, better loading and more parking, and separating the areas where participants shop from warehouse operations.
Seattle’s AI Footprint Grows 42% Since 2024, Nearly Matching San Francisco’s Pace, JLL Report Finds
A 2026 JLL study ranks Seattle as the nation's third-largest pool of senior artificial intelligence talent and one of two strong secondary markets...
Seattle Sheds 18,605 Jobs as Downtown Absorbs 70% of Losses, DSA Report Finds
The Downtown Seattle Association's new employment report finds that Seattle shed 18,605 jobs between 2024 and 2025, with downtown absorbing roughly 13,000 of...
Washington Wage Floor Hits $17.73 in 2027 as Seattle Climbs to $22.14, Raising the Bill for Retail and Hospitality Tenants
Washington's statewide wage floor climbs to $17.73 an hour on Jan. 1, while Seattle moves to $22.14 and a sharply higher overtime-exempt salary...
The First Footprints in the Snow
AI's hit to jobs looks like a rounding error—until you see who's in the oven: gutted call centers and vanishing entry-level work. Narrow...
McNellis: Economists vs. Flipping Coins
Economist: {noun}: someone good with numbers but without enough personality to be an accountant.
McNellis: One House, One Spouse — A Guide to CRE Wealth Preservation
Why razor-thin overhead and the 'one house, one spouse' rule are the keys to preserving wealth in real estate and in life.
McNellis: In Denial Over the New Normal
By John McNellis Developers always crash and burn in the movies. The eternal bad guy, the developers’ heinous plans to pave a beach,...
Seattle v. Bellevue: The Tortoise Wears a Patagonia Vest
Bellevue is trouncing Seattle on occupancy, but occupancy is the lagging indicator—and the talent that fills tomorrow's offices still wants the messy city...
The Art of the Quiet Exit, A Hudson Pacific Story
Hudson Pacific's COO resigned with the usual boilerplate denial attached—but after a $572 million annual loss, a scrapped dividend and a stock down...
Panattoni, Principal Fully Lease 406,000 SQFT Des Moines Creek Business Park West to Single Tenant
A single unnamed tenant has leased all 405,680 square feet of Des Moines Creek Business Park West near Sea-Tac Airport. The deal continues...
Vanbarton Exits 541,000 SQFT 901 Fifth Avenue Tower in Downtown Seattle for $48.3MM, 84% Below 2019 Price
Seattle-based GT Capital, in partnership with The Benaroya Company, has acquired the 41-story 901 Fifth Avenue office tower from New York-based Vanbarton Group...
Invesco Sells 99-Unit Saffron Mixed-Use Property in Sammamish for $56.5MM
Principal bought one of the Eastside's rarely traded mixed-use properties, with apartment rents about $380 below the East King County average and no...
Japanese Grocer Hashi Market Takes 36,000 SQFT Former Amazon Fresh at Merlone Geier’s Aurora Shopping Center in Seattle
Hashi Market, the New York-based Japanese grocery and lifestyle chain owned by Takayama International Inc., will fill the entire box Amazon Fresh left...
West Edge Opens First Phase of $229MM, 516-Unit Cedarside Commons in Stanwood After 25-Year Wait
Arlington-based West Edge Development is set to welcome the first residents to Cedarside Commons in late October, launching a 516-unit, $229 million mixed-use...
Harvest Woodinville Quietly Opens 100,000 SQFT The Yard After Two Decades of Delays
Wine tasting rooms, a steakhouse and local boutiques have started opening at The Yard, the long-delayed centerpiece of the $600 million Harvest development,...
Regus Takes 24,000 SQFT at Historic Cornerstone Building in Downtown Tacoma
Flexible-office giant Regus has leased 24,230 square feet in downtown Tacoma's 134-year-old Cornerstone Building, the only Tacoma deal on Savills' list of the...
QXQ Leases 22,000 SQFT at BXP’s Madison Centre in Downtown Seattle
Architecture, engineering and construction tenant QXQ has signed for 21,829 square feet of new space at Madison Centre, adding another name to the...
