Oregon Joins a Faster-Growing Inland West on Paper, With Portland Weighing Down the Average
A new 21-year data model from a California investment manager takes Oregon in full as the fourth-largest component of a 47.3 million-person Inland...
Everwild Nordic Spas Hunts Washington Sites, Targeting 80,000 SQFT Urban Buildings and 5-Acre Parcels
First Western Properties has been tapped to source Washington acquisition targets for Everwild Nordic Spas & Hotels, the Basecamp Resorts brand that is...
South Sound Industrial Splits in Two as Big Tenants Return and Small-Bay Absorption Stalls at 9.8% Vacancy
Lee & Associates' August South Sound industrial report shows overall vacancy easing to 9.8 percent as tenants chasing blocks of 300,000 square feet...
Boo Han Market Secures Permits for Third Store at Former 18,870 SQFT Grocery Outlet in Federal Way
A family-owned Korean grocer that started in a Lakewood garage nearly five decades ago has now cleared a construction milestone toward opening its...
Ventas-Linked Buyer Pays $24.1MM for Kent Senior Living Community
A Ventas-linked buyer pays $24.1 million for the Arbor Village senior living community in Kent, well below KKR's $41 million purchase in 2018.
Seattle’s Apartment Boom Skipped Families, With Only 14.5% of Rentals Offering Three or More Bedrooms
A Berkadia analysis of Seattle's rental stock finds the metro has spent its building cycle on studios and one-bedrooms, leaving renter families to...
1990s-Vintage Apartments Drive More Than a Third of Portland Sales as Median Price Slides 13% to $183,800 per Unit
Portland multifamily investors spent the first quarter rotating hard into 1990s-built product, much of it changing hands below what the same assets fetched...
$7.4MM Permanent Loan Secured to Refinance 70-Unit Treehouse Apartments in Portland
A private real estate investor has refinanced the 70-unit Treehouse Apartments at the doorstep of Oregon Health & Science University's Marquam Hill campus...
23-Unit Yakima Apartment Community Listed at $3.1MM, 6.81% Cap Rate
Yakima 23’s $3.1 million listing lands as Eastern Washington apartment sales rebound and cap rates compress toward 6.2 percent, testing whether a smaller,...
Rosen Harbottle Hunts for New Anchor at Tacoma’s James Center After Fred Meyer’s 68,000 SQFT Departure
Rosen Harbottle searches for a new anchor at Tacoma's James Center after Kroger's Fred Meyer declines to renew its 68,273-square-foot lease.
BentallGreenOak Buys 301-Unit Savanna at Reed’s Crossing for $160MM in Hillsboro
The $531,561-per-unit price BentallGreenOak paid for a Hillsboro apartment community delivered last year runs roughly triple what suburban Portland-area apartments have been fetching,...
Bellevue Eyes Eastgate Office Corridor for Mixed-Use Overhaul Under New Area Plan
Bellevue's Planning Commission will weigh a plan to redevelop Eastgate's high-vacancy office corridor into a walkable, mixed-use district.
Oregon Joins a Faster-Growing Inland West on Paper, With Portland Weighing Down the Average
A new 21-year data model from a California investment manager takes Oregon in full as the fourth-largest component of a 47.3 million-person Inland...
1990s-Vintage Apartments Drive More Than a Third of Portland Sales as Median Price Slides 13% to $183,800 per Unit
Portland multifamily investors spent the first quarter rotating hard into 1990s-built product, much of it changing hands below what the same assets fetched...
$7.4MM Permanent Loan Secured to Refinance 70-Unit Treehouse Apartments in Portland
A private real estate investor has refinanced the 70-unit Treehouse Apartments at the doorstep of Oregon Health & Science University's Marquam Hill campus...
BentallGreenOak Buys 301-Unit Savanna at Reed’s Crossing for $160MM in Hillsboro
The $531,561-per-unit price BentallGreenOak paid for a Hillsboro apartment community delivered last year runs roughly triple what suburban Portland-area apartments have been fetching,...
Edlen & Co. List for Sale 271,000 SQFT Power + Light Historic Office Tower in Portland
JLL has put one of downtown Portland’s most architecturally distinct office towers on the market, betting that a nearly two-thirds-vacant historic building can...
Grand Peaks, PCCP Acquire 424-Unit West End District Apartments in Beaverton
Denver-based Grand Peaks has expanded its Pacific Northwest footprint with the purchase of a Beaverton apartment complex built on the bones of a...
Pacific Northwest Commercial Real Estate News
Reader Poll: Who Wins the 2026 Apple Cup?
Washington and Washington State open the 2026 season Sunday at Husky Stadium. Tell us who takes the Cup.
Continue ReadingOregon Joins a Faster-Growing Inland West on Paper, With Portland Weighing Down the Average
A new 21-year data model from a California investment manager takes Oregon in full as the fourth-largest component of a 47.3 million-person Inland...
The Pacific Northwest Now Has the Nation’s Smallest New Apartments
Seattle, Portland and Tacoma occupy the three smallest spots on the national apartment-size ranking, the product of a building cycle across the Pacific...
Portland Multifamily Supply Collapses to 2,550 Units as Institutional Capital Returns Ahead of Recovery
Portland's apartment construction pipeline has fallen roughly 80 percent from its 2022 peak while renters keep absorbing units, and the institutional capital that...
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...
A Shot in the (Life Science) Arm for Puget Sound
Eli Lilly’s $1.5 billion cash deal for Bothell-based Curevo Vaccine is the kind of validating, capital-attracting exit Puget Sound’s life sciences cluster has...
The Data Center Bargain: What Every Town Should Demand
Free power. Free heat. Clean water. The bargain every town should be demanding. By Billy the Broker (I just want to stay anonymous)...
$13.3MM Permanent Loan Secured to Refinance 134-Unit Boxcar Apartments in Spokane
A private real estate investor has retired maturing debt on the 134-unit Boxcar Apartments in Spokane's University District with a five-year, fixed-rate, non-recourse...
Edlen & Co. List for Sale 271,000 SQFT Power + Light Historic Office Tower in Portland
JLL has put one of downtown Portland’s most architecturally distinct office towers on the market, betting that a nearly two-thirds-vacant historic building can...
Mortenson Advances 300,000 SQFT Kent Manufacturing Campus Backed by 20-Megawatt Power Capacity
A 9.3-acre infill site in the Kent Valley is drawing sustained interest from aerospace and defense manufacturers even as the broader Puget Sound...
Two-Building, 28,000 SQFT Willows Northwest Portfolio Trades for $10.9MM in Redmond
A pair of 1984-built office and warehouse buildings on adjacent Redmond parcels traded for $10.9 million, or roughly $391 per square foot, more...
Schuster Group Affiliate Sells Seattle’s Madison Center for $9.3MM
Nevolan 2711 LLC has paid $9.3 million for the four-parcel Madison Center retail and office complex from an entity tied to The Schuster...
Grand Peaks, PCCP Acquire 424-Unit West End District Apartments in Beaverton
Denver-based Grand Peaks has expanded its Pacific Northwest footprint with the purchase of a Beaverton apartment complex built on the bones of a...
PCP Opens 217-Unit Rove in Downtown Redmond, With a 270-Unit Second Act and a Third Site in Hand
PCP, the Cleveland multi-family office formerly known as Ponsky Capital Partners, opens its first Puget Sound apartment building two blocks from Redmond's light...
Holland Partner Group, Tokyo Tatemono Break Ground on 185-Unit Fremont Apartment Project in Seattle
Demolition, grading and shoring are underway at the century-old North 36th Street retail strip Holland Partner Group and Tokyo Tatemono bought for $18.5...
