Issaquah to Acquire 21,311 SQFT Ednetics Building for $12.98MM as New City Hall
The $609-per-square-foot off-market deal comes in well below comparable sales as the city pivots away from new construction estimated at up to $57.75MM....
Pacific Northwest Hotels Brace for a Second Year of Softening as Canadian Travelers Stay Home
Seattle draws short-term relief from FIFA World Cup matches while Portland’s recovery slows, and both markets bank on rapidly shrinking construction pipelines to...
Vancouver Hospitality Partners Lists 89-Room La Quinta Inn & Suites in Vancouver as Retiring Owners Seek Buyer
The select-service hotel along I-5 has averaged more than $2.5 million in annual room revenue and over $658,000 in net operating income since...
Tanasbourne-Area 24 Hour Fitness in Beaverton Hits Market at $16.8MM
The 32,766-square-foot fitness box at 1265 NW Waterhouse Ave. is offered with five years of firm term and two five-year options after the...
Panattoni Development Secures 105,000 SQFT Lease in Vancouver’s Orchards Submarket
The lease adds to a strong quarter of activity for Clark County, which recorded more than 735,000 square feet of total leasing An...
Harder Mechanical Signs 118,700 SQFT Lease in Portland’s Guilds Lake Industrial District
The mechanical contractor takes the full building at a property recently renovated by Melvin Mark Investors and Capstone Partners Harder Mechanical Contractors has...
Prologis Names Seattle Among Two Softest U.S. Industrial Markets as Puget Sound Vacancy Climbs to 9.7%
The logistics giant says elevated vacancy, muted demand and a supply overhang have pushed Seattle’s recovery timeline further out than the national average....
UPS Leases 164,600 SQFT at Dermody Properties’ Rivergate Logistics Center in North Portland
The package delivery giant expands its Portland footprint in the 528,000-SQFT Class A distribution facility UPS has signed a 164,626-square-foot lease at Rivergate...
Everett Advances $120MM Downtown Stadium as City Eyes $10.6MM Design Push and $35MM in Land Buys
City staff outlined property acquisitions, lease terms and a widening funding gap at an April 15 council meeting, with a final go/no-go vote...
Cooling Labor Market Reshapes Apartment Demand While Other CRE Sectors Hold Firm
Slowing job creation and falling workforce participation among young adults are postponing rental demand, but office, retail, and industrial properties show resilience to...
Stockbridge Capital Brings 32,483 SQFT Denny Triangle Redevelopment Site to Market in Seattle
The 0.76-acre parcel, purchased for $11.1 million in 2011, now carries a King County assessed value of nearly $50 million and is positioned...
Redmond Office Vacancy Plunges From 20.8% to 6.4% in Q1 2026 in Sharpest Single-Quarter Drop Across Puget Sound
The dramatic 1,440-basis-point contraction reflects renewed commitment from major technology tenants along the Willows Road corridor and positions Redmond as one of the...
Pacific Northwest Hotels Brace for a Second Year of Softening as Canadian Travelers Stay Home
Seattle draws short-term relief from FIFA World Cup matches while Portland’s recovery slows, and both markets bank on rapidly shrinking construction pipelines to...
Tanasbourne-Area 24 Hour Fitness in Beaverton Hits Market at $16.8MM
The 32,766-square-foot fitness box at 1265 NW Waterhouse Ave. is offered with five years of firm term and two five-year options after the...
Panattoni Development Secures 105,000 SQFT Lease in Vancouver’s Orchards Submarket
The lease adds to a strong quarter of activity for Clark County, which recorded more than 735,000 square feet of total leasing An...
Harder Mechanical Signs 118,700 SQFT Lease in Portland’s Guilds Lake Industrial District
The mechanical contractor takes the full building at a property recently renovated by Melvin Mark Investors and Capstone Partners Harder Mechanical Contractors has...
UPS Leases 164,600 SQFT at Dermody Properties’ Rivergate Logistics Center in North Portland
The package delivery giant expands its Portland footprint in the 528,000-SQFT Class A distribution facility UPS has signed a 164,626-square-foot lease at Rivergate...
6,000 SQFT Lake Oswego Medical Office Building Listed for $3.55MM
The 6,093-square-foot asset on Boones Ferry Road is being marketed as an owner-user or investment play in one of the Portland metro’s tightest...
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 ReadingPacific Northwest Hotels Brace for a Second Year of Softening as Canadian Travelers Stay Home
Seattle draws short-term relief from FIFA World Cup matches while Portland’s recovery slows, and both markets bank on rapidly shrinking construction pipelines to...
Prologis Names Seattle Among Two Softest U.S. Industrial Markets as Puget Sound Vacancy Climbs to 9.7%
The logistics giant says elevated vacancy, muted demand and a supply overhang have pushed Seattle’s recovery timeline further out than the national average....
Five Large-Scale Data Centers Proposed in Seattle With Combined 369 MW Demand, Forcing Utility to Rewrite Large-Load Contracts
Seattle City Light will require the facilities to source their own power and fund infrastructure upgrades, as the proposals would consume nearly 10...
McNellis: F*** Real Estate?
Publisher’s Note What began over a decade ago as a series of candid, sharp-witted articles written for The Registry has grown into one of the...
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....
Vintage Stock Dominates Eastern Washington’s March Apartment Trades as $7.4MM Changes Hands
Three multifamily transactions closed across Kennewick and Spokane in March, pricing between $91,250 and $120,000 per unit and setting the stage for a...
Phillips Edison Acquires 54,000 SQFT Renton Highlands Shopping Center for $15.75MM
The Cincinnati-based grocery-anchored REIT continues its Pacific Northwest expansion with the purchase of the Safeway-adjacent retail complex, which traded at a loss for...
Ares Management Sells 91,400 SQFT Renton Warehouse to Maryland Buyer for $19MM
The Kent Valley asset traded at roughly $208 per square foot as Puget Sound industrial vacancy climbed to 9.3 percent in the first...
TA Realty Acquires 128,700 SQFT Kent Warehouse for $23.3MM
Boston-based investment manager expands Puget Sound industrial footprint with purchase of long-held WCP Solutions distribution facility at $181 per square foot Boston-based real...
6,000 SQFT Lake Oswego Medical Office Building Listed for $3.55MM
The 6,093-square-foot asset on Boones Ferry Road is being marketed as an owner-user or investment play in one of the Portland metro’s tightest...
U.S. Life Sciences Vacancy Tops 70% of New Deliveries as 60MM SQFT Pipeline Reshapes Market
Savills says supply surge from pandemic-era development boom is outpacing demand, leaving major lab projects unleased across key hubs A development cycle that...
Skanska Announces Grand Openings of BODYROK and Eva’s Café & Bar at 31-Story Kaye in Seattle’s Belltown Neighborhood
Experiential fitness studio and locally driven café to debut this spring, activating Kaye’s street level and adding momentum to downtown Seattle SEATTLE (Apr....
Celestica Expands Portland Semiconductor Operations With 165,000 SQFT Lease with Link Logistics in East Columbia Corridor
The Toronto-based electronics manufacturer leased the space from Link Logistics Real Estate in March 2026 Celestica, a global electronics manufacturing services company, has...
