Charles Schwab to Close Downtown Portland Branch in June
The financial services firm is repositioning its Portland footprint, moving 20 employees out of Park Avenue West as the downtown core continues to...
Family-Owned 21,600 SQFT Denny Triangle Development Site in Seattle Trades for $32.4MM in Equity Deal
The half-acre parcel in Seattle carries a master use permit for an 11-story, 305,000-square-foot life-science and office project designed by Perkins+Will for Trammell...
Church of Jesus Christ of Latter-day Saints Sells 3.88-Acre Bellevue Site Slated for 15-Lot Travara Subdivision for $16.5MM
A 3.88-acre parcel on Northup Way will be cleared to make way for single-family housing under a planned unit development filed with the...
North American Life Sciences Sector Grapples With Supply Glut as 55% of Recent Lab Deliveries Sit Vacant
A pandemic-era construction wave has collided with cooling demand, leaving nearly 60 million square feet of new lab space struggling to find tenants...
Kirkland Pushes Sound Transit to Preserve Line 4 Light Rail Amid $34.5 Billion Funding Shortfall
The Eastside city warns that an indefinite deferral of the voter-approved project would leave significant mobility needs unmet for decades. The City of...
Panattoni Buys 32 Acres in North Bend for $9MM for Construction of 357,000 SQFT Mount Si Industrial Center
The Irvine, Calif.-based industrial developer acquired an entitled 32-acre site next to Nintendo’s distribution center for a three-building logistics campus, extending its footprint...
Outrig Storage Buys 4.8-Acre Vehicle Storage Property in Renton for $7.5MM
The Chicago-based operator acquired East Valley RV, Boat & Car Storage as its first location in Washington, signaling broader regional expansion plans Chicago-based...
214,000 SQFT Trellis West Advanced Manufacturing Campus Hits the Market in Hillsboro’s Sunset Corridor
The four-building Silicon Forest property is 85 percent leased with a 5.1-year weighted average lease term and roughly 39 percent investment-grade credit tenancy...
Goldman Sachs Backs Onni Group’s 478-Unit South Lake Union Tower with $200MM Construction Loan
The financing fuels vertical construction of one of Seattle’s largest residential developments currently underway, reinforcing confidence in the city’s multifamily sector despite tight...
Ameresco Delivers $7.8MM Infrastructure Upgrade for Tacoma Public Schools to Enhance Energy Efficiency
Progressive Design-Build project modernizes HVAC systems at a historic learning facility, improving efficiency and long-term cost-savings for the local community Ameresco delivers a...
Timberline Construction Solutions Proposes 35-Unit Portside 36 Apartment Building on Rucker Avenue in Downtown Everett
Seven-story, 52,000-square-foot multifamily project would add to a growing pipeline of residential development in Everett’s Port Gardner neighborhood Timberline Construction Solutions has submitted...
Puget Sound Apartment Market Hits $6 Billion in Transaction Volume as Institutional Investors Return to the Region
The Simon | Anderson Multifamily Team at Kidder Mathews delivered its spring market outlook at its 26th investor forum, citing a surge in...
Panattoni Buys 32 Acres in North Bend for $9MM for Construction of 357,000 SQFT Mount Si Industrial Center
The Irvine, Calif.-based industrial developer acquired an entitled 32-acre site next to Nintendo’s distribution center for a three-building logistics campus, extending its footprint...
214,000 SQFT Trellis West Advanced Manufacturing Campus Hits the Market in Hillsboro’s Sunset Corridor
The four-building Silicon Forest property is 85 percent leased with a 5.1-year weighted average lease term and roughly 39 percent investment-grade credit tenancy...
Kaiser Permanente Announces Groundbreaking on New 615,000 SQFT Hospital Tower at Sunnyside Medical Center in Clackamas, Ore.
The event celebrated the scheduled construction of Oregon’s first fully electric and sustainable hospital. Kaiser Permanente hosted a celebration to mark the start of construction...
Lower Immigration, Cautious Consumers and Shifting Migration Patterns Reshape US Housing Outlook for 2026
John Burns Research and Consulting finds that capturing housing demand now requires surgical precision as demographic tailwinds weaken and buyer sentiment sours to...
Portland City Council Explores Vacancy Fee on Landlords as Downtown Struggles With Record-High Empty Space
Councilors have commissioned a $62,520 study to explore how a long-term vacancy fee might be structured The Portland City Council is exploring whether...
Oregon’s Industrial Real Estate Reckoning: 9,100 Acres Poised to Transform Rural Data Center Market
State communities plan to quadruple data center footprint as Amazon’s $37 million land purchase eyes first exascale facility near Boardman. Oregon stands at...
Pacific Northwest Commercial Real Estate News
2026 Pacific Northwest CRE Rising Stars
Celebrating the Next Generation of Commercial Real Estate Excellence From the tech epicenters of Seattle and Portland to the industrial ports of...
Continue ReadingNorth American Life Sciences Sector Grapples With Supply Glut as 55% of Recent Lab Deliveries Sit Vacant
A pandemic-era construction wave has collided with cooling demand, leaving nearly 60 million square feet of new lab space struggling to find tenants...
Seattle Completes $5.2MM Bell Street Project, Closing Final Chapter of $1.2 Billion Waterfront Transformation
Two-way protected bike lane, widened sidewalks and a restored 1950s-era Alaskan Way Viaduct sign bridge now link Belltown to the city’s 20-acre Waterfront...
Medical Outpatient Sector Sees Record Occupancy and Rising Rents as Limited Construction Reshapes the National Landscape
JLL’s 2026 report finds MOB occupancy at an all-time high of 92.7 percent nationally, with markets like Denver recording steady leasing activity amid...
March’s Jobs Report and the Art of Misdirection
Behind the rosy March employment headline, a quiet exodus: nearly 400,000 Americans gave up on the job market in a single month. By...
The Seven Bills Governor Ferguson Signed That Actually Matter (For Our Industry)
By Billy the Broker (I just want to stay anonymous) There’s an old magician’s trick—old as in Roman Coliseum old—called misdirection. While the...
The Buyer Who Wasn’t There
The record gap between home sellers and buyers reveals a tale of two Americas—Sun Belt markets drowning in oversupply while Northern cities with...
Amazon’s Empty Chairs
By Billy the Broker (I just want to stay anonymous) To put the size of Amazon’s office downsizing in perspective, one of its...
The Morning After and How The Cycle Turned While You Were Sleeping
After two years of paralysis, capital is clearing its throat and deal volume is stirring — but this cycle rewards scalpels, not sledgehammers....
3D Printed Houses and Other Fairy Tales
By Billy the Broker (I just want to stay anonymous) The prophecy was always that technology would save us. And here we are in 2026,...
High Street Residential Sells 139-Unit Mid-Rise Multifamily Community in Seattle for $59.25MM
The sale is the highest price per square foot for a market-rate mid-rise multifamily property outside of Lake Union since 2022 Seattle –...
Seattle Retail Market Holds Steady in Q1 2026 as Vacancy Creeps Higher and Tenants Grow More Selective
Stable rents and disciplined construction are keeping Puget Sound retail fundamentals intact, but negative net absorption and cautious leasing point to a market...
BRIDGE Housing Opens 84-Unit St. Luke’s Apartments, Bringing First Affordable Housing to Seattle’s Ballard in Over Two Decades
The eight-story community, developed on land owned by the Episcopal Diocese of Olympia, will serve households earning up to 60 percent of Area...
Swickard Group and Melvin Mark Investors Acquire Portland’s 200 Market Building for ~$70MM
The off-market acquisition resolves a turbulent chapter for the downtown Portland office tower, which faced a $63 million foreclosure lawsuit from MetLife last...
Carmel Partners Closes Fund 9 at $1.35 Billion
SAN FRANCISCO, April 7, 2026 – Carmel Partners (“Carmel”) announced today the final close of Carmel Partners Investment Fund 9, its U.S. multifamily real estate value...
Skanska Lands $99MM Contract to Build Issaquah School District’s 85,000 SQFT Fourth High School Campus
After a decade of planning, funding setbacks and legal challenges, construction begins this month on an 85,000 SQFT campus projected to cost $168...
SheWorks to Open First Location with 5,600 SQFT of Coworking Space in Tacoma’s Historic Old City Hall Building
April 6, 2025 (Tacoma, WA) – Lee & Associates is pleased to announce that SheWorks, an innovative workspace and childcare community designed for...
March’s Jobs Report and the Art of Misdirection
Behind the rosy March employment headline, a quiet exodus: nearly 400,000 Americans gave up on the job market in a single month. By...