$24MM Loan Secured to Refinance 167-Room Cedarbrook Lodge in Seattle
Los Angeles, (April 22, 2026) – Sonnenblick-Eichner Company has arranged $24 million in first mortgage debt to refinance the Cedarbrook Lodge in Seattle,...
Simon Property Group Advances 268-Unit Residential Phase at 55-Acre Northgate Station Redevelopment in Seattle
The Indianapolis-based mall owner’s third apartment building at the former Northgate Mall site would add 25,365 square feet of retail and 390 parking...
Everett Community College Pushes Back $38MM Baker Hall Rebuild, Cuts 10,000 SQFT From Plans
A 1962-era academic building will still come down this summer, but rising costs have forced the college to shrink and delay its replacement....
Bellevue Readies Draft Policies for Factoria as Eastside Office Rents Climb and Mall Redevelopment Advances
The city’s Great Neighborhoods planning process enters the Refine phase with a May 7 open house, setting a 10- to 20-year blueprint for...
Seattle to Unveil Denny Way Bus Lane Plan to Rescue Metro Route 8, Corridor’s Largest Employers
Mayor Katie Wilson’s administration is set to commit to dedicated transit infrastructure on one of the region’s most congested commercial arteries, a move...
Macerich Bets $140MM NOI Lift on Anchor Overhaul and Gen Z-Driven Merchandising Strategy
The Santa Monica-based mall REIT is executing a two-year repositioning that has pushed leasing volume up 85 percent and committed replacements for all...
Bay Area Swallows Q1 Venture Capital as Seattle and Los Angeles Fall Further Behind
OpenAI, Anthropic and xAI concentrate $221.1 billion in Northern California while Southern California and the Pacific Northwest scrape single-digit billions in a market...
Lynnwood-Based Buyer Acquires 1,700 SQFT Shell Gas Station in Redmond for $10MM
The sale of the 1,679-square-foot fueling station on a roughly 18,000-square-foot parcel reflects investor appetite for well-located single-tenant retail assets along one of...
Low Tide Properties Secures $53MM Refinancing for Multifamily Property at 110 Roy Street in Seattle
Seattle, WA – April 20 – Cushman & Wakefield announced today that the real estate services firm has arranged a $53,000,000 refinancing for...
Skanska Announces Completion of New 53,000 SQFT St. Charles Cancer Center in Redmond, Ore.
53,000 square-foot state-of-the-art facility expands access to world class cancer care across Central Oregon and beyond. Redmond, Ore. – Skanska, a leading global...
$13.5MM Permanent Refinance Secured for 95-Room Hampton Inn & Suites in Kent
Hampton Inn & Suites Kent Location Retires Maturing Loan Following Strategic Performance Improvement Program; Bank Loan Offers Attractive Fixed Rate and Maximum Proceeds...
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...
Skanska Announces Completion of New 53,000 SQFT St. Charles Cancer Center in Redmond, Ore.
53,000 square-foot state-of-the-art facility expands access to world class cancer care across Central Oregon and beyond. Redmond, Ore. – Skanska, a leading global...
WellQuest Living Acquires 293-Unit Russellville Park Senior Community in Portland for $81.28MM
The Salt Lake City-based senior living operator expands into the Pacific Northwest with the purchase of a full-continuum retirement community from Portland developer...
BH Properties Acquires 340-Unit Bethany Meadows Affordable Apartment Community in Portland for $59.96MM
The acquisition through BH Properties’ Haven Housing platform marks a significant move into the Portland metro’s affordable multifamily sector, with the community changing...
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...
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 ReadingEverett Community College Pushes Back $38MM Baker Hall Rebuild, Cuts 10,000 SQFT From Plans
A 1962-era academic building will still come down this summer, but rising costs have forced the college to shrink and delay its replacement....
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....
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...
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....
AI Set to Flatten Office Job Growth Through 2030, Pushing U.S. Vacancy to 21.5%, Newmark Finds
A new Newmark research report forecasts that artificial intelligence will moderate office-using employment to near-zero growth over the next five years, reshaping demand...
WellQuest Living Acquires 293-Unit Russellville Park Senior Community in Portland for $81.28MM
The Salt Lake City-based senior living operator expands into the Pacific Northwest with the purchase of a full-continuum retirement community from Portland developer...
BH Properties Acquires 340-Unit Bethany Meadows Affordable Apartment Community in Portland for $59.96MM
The acquisition through BH Properties’ Haven Housing platform marks a significant move into the Portland metro’s affordable multifamily sector, with the community changing...
Swedish Health Services Taps CBRE to Market Trapezoidal Development Site in Seattle’s First Hill
The sale of 1401 Madison St. reflects a broader repositioning by major hospital systems as medical outpatient real estate commands record pricing nationwide....
45-Acre Silver Ridge Ranch Offered for Sale at $4.5MM in Easton
EASTON, Wash., April 16, 2026 — Silver Ridge Ranch, a ±45 acre mountain property located just east of Snoqualmie Pass in Kittitas County,...
Largest Cruise Season in Port of Seattle History Begins April 17 with 330 Calls and Two New Cruise Lines
This week, the Port of Seattle kicks off the 2026 Alaska cruise season, marking a historic milestone with 330 vessel calls and 2.1...
BRIDGE Housing, Community Roots Open 235-Unit Copperleaf Northgate Next to Seattle Light Rail Station
Transit-oriented affordable housing community at 201 NE 103rd Street delivers with $30 million in King County funding and 24 units set aside for...
Puget Sound Apartment Sales Double to $6B as East Link Light Rail Reshapes Eastside Investment Map
Transaction volume surges past $2.5 billion posted in 2023 as institutional capital returns and a long-awaited transit connection rewires commute patterns across the...
