Eastside’s 14.7MM SQFT Office Pipeline Still Has Zero Pre-Leasing as Supply Freeze Props Up Bellevue Recovery
Broderick Group's third-quarter report still counts roughly 14.7 million square feet of proposed office development across the Eastside, none of it pre-leased, and...
Hudson-Led Venture Lands 20-Year Deal for 31,000 SQFT Duty-Free Expansion at Seattle-Tacoma Airport
The Port of Seattle has handed a joint venture of Avolta-owned Hudson and four local small businesses a 20-year contract to build out...
Nscale Doubles Lease at Bellevue’s The Eight to 46,000 SQFT Ahead of Opening and $35B IPO
The London-based AI data center developer has added a second floor at The Eight before moving into its first one, a commitment made...
The Oregon Clinic Pays $17.3MM for Beaverton Building It Converted Into Creekside Pavilion Medical Hub
The Oregon Clinic paid $17.3MM for the Beaverton office building it converted into Creekside Pavilion, a five-clinic medical hub.
Coverse Capital Pays $17.5MM for 88-Unit 6700 Roosevelt Apartments Across From Seattle Light Rail Station
Coverse Capital paid $17.5MM, about $198,900 per unit, for the 88-unit 6700 Roosevelt across from Seattle’s Roosevelt light rail station.
Bellwether Housing Lists 85-Unit Olive Tower Across From Seattle Convention Center for $8.5MM
Bellwether Housing has put its 14-story Olive Tower on the block at $8.5 million, offering investors a rare shot at an 85-unit downtown...
Preylock Targets Q4 Close on 365,000 SQFT Amazon-Leased West Main Tower in Downtown Bellevue
Los Angeles-based Preylock Real Estate Holdings is working through the final details of its acquisition of Vulcan Real Estate's 364,868-square-foot West Main office...
General Robotics Signs 19,000 SQFT Lease at Redmond’s Willows Run Building as Microsoft Alumni Scale Robot AI
General Robotics, the Redmond robotics software startup founded by former Microsoft researchers, has signed a 19,107-square-foot lease at the Willows Run Building on...
Digital Realty Targets $3B for Open-End Hyperscale Data Center Fund as Arkansas Teachers Commits $100MM
Digital Realty is courting roughly $3 billion in cornerstone capital for a permanent, core-plus vehicle built to own stabilized North American hyperscale data...
NWMLS Listings Hit 12-Year High as Pending Sales Drop 15%, Condos Take Hardest Hit
Active listings across the Northwest Multiple Listing Service footprint climbed 24.5 percent in September to their highest level in 12 years, while pending...
Broderick Still Sees Eastside Office Vacancy at 19% by Year-End, a Target That Needs 1.2MM SQFT in One Quarter
Broderick Group's appendix projects Eastside office vacancy will end 2026 at 19.0 percent on 1.18 million square feet of net absorption for the...
Mayor Wilson’s $9.1B Seattle Budget Spares Employers a JumpStart Hike, Tightens the Screws on Apartment Fees
Mayor Katie B. Wilson's first proposed budget closes an inherited $175 million General Fund gap through spending cuts rather than a JumpStart payroll...
Pacific Industrial Taps Link Logistics Veteran Bud Pharris as CEO to Drive Western U.S. Expansion
Long Beach-based developer Pacific Industrial has hired Bud Pharris, who ran Blackstone-owned Link Logistics' nine-market West Region, as chief executive officer to steer...
Newmark Taps Jake Gustafson as Northwest Director of Engineering to Back Washington and Oregon Property Teams
Newmark has hired Jake Gustafson as Director of Engineering for the Northwest, placing a dedicated engineering leader alongside the property management teams that...
BRIDGE Housing Wins AA Rating from S&P, Setting the High-Water Mark for Nonprofit Housing Developers
S&P Global Ratings lifted BRIDGE Housing Corp.'s issuer credit rating and the rating on its outstanding debt to AA from AA-, rewarding the...
The Oregon Clinic Pays $17.3MM for Beaverton Building It Converted Into Creekside Pavilion Medical Hub
The Oregon Clinic paid $17.3MM for the Beaverton office building it converted into Creekside Pavilion, a five-clinic medical hub.
Fields Holdings Lands $94.8MM Construction Loan for 13-Story Zev Corvallis Student Housing Tower Near Oregon State University
Fields Holdings secures a $94.8 million Affinius Capital construction loan for Zev Corvallis, a 13-story, 667-bed student housing tower near Oregon State.
Hacienda CDC, YWCA Clark County Plan Up to 90 Affordable Homes and New Headquarters on Vancouver’s Main Street
Hacienda CDC and YWCA Clark County plan an 80- to 90-unit affordable housing campus with a new 30,000-square-foot YWCA facility on Vancouver's Main...
Eastside’s 14.7MM SQFT Office Pipeline Still Has Zero Pre-Leasing as Supply Freeze Props Up Bellevue Recovery
Broderick Group's third-quarter report still counts roughly 14.7 million square feet of proposed office development across the Eastside, none of it pre-leased, and...
Broderick Still Sees Eastside Office Vacancy at 19% by Year-End, a Target That Needs 1.2MM SQFT in One Quarter
Broderick Group's appendix projects Eastside office vacancy will end 2026 at 19.0 percent on 1.18 million square feet of net absorption for the...
Mayor Wilson Puts Kidder Mathews, Amazon and Port of Seattle on Task Force as Downtown Office Vacancy Hovers Near 35%
Seattle Mayor Katie Wilson has named 18 business, labor and civic leaders, from Kidder Mathews Chairman Bill Frame to Port of Seattle President...
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 Shield AI
A single tenant has leased all 405,680 square feet of Des Moines Creek Business Park West near Sea-Tac Airport. The deal continues the...
Rosen Harbottle Acquires 59,000 SQFT Northview Corporate Center Building C in Lynnwood for $7.75MM
Bellevue-based Rosen Harbottle Commercial Real Estate has paid $7.75 million, or about $131 per square foot, for the 59,219-square-foot Building C at Northview...
Kirkland Pays $10MM for 16,000 SQFT Former Latter-day Saints Church
The City of Kirkland had plans to use it for recreation programs while it weighs a pool, a second gym or affordable housing...
Rialto Weighs Housing Sale for 289,000 SQFT Former Frontier Office Campus in Everett
Rialto Capital weighs a housing sale for the former Frontier office campus in Everett after its value fell from $38.6MM to $9.3MM.
Fields Holdings Lands $94.8MM Construction Loan for 13-Story Zev Corvallis Student Housing Tower Near Oregon State University
Fields Holdings secures a $94.8 million Affinius Capital construction loan for Zev Corvallis, a 13-story, 667-bed student housing tower near Oregon State.
Integrus Leases 21,000 SQFT at Pioneer Square’s Reedo Building in Seattle
Integrus leases 20,586 SF atop Pioneer Square's Reedo Building and will leave the Union Trust Annex, which it owns and has listed for...
Bank-Owned 105,000 SQFT Tacoma Tower Portfolio Hits Market After Stalled Apartment Conversion
The bank-owned Tacoma Tower, a 1912 landmark on Pacific Avenue, is for sale with a low-rise and garage after a stalled apartment conversion.
UW Breaks Ground on $231.1MM, 105,000 SQFT Chemical Sciences Building in Seattle
The University of Washington has started construction on a five-story chemistry research and teaching building that replaces a 1950s library. Its budget is...
