82-Unit Merritt Manor Apartments in Olympia Traded for $19.55MM
(Editor’s Note: According to Thurston County public records, the seller was an entity that shares an address with Grandview Management.) OLYMPIA, Wash. (Feb....
Tesla-Occupied 10,000 SQFT Renton Dealership at 700 S Grady Way Listed for Sale at $6.9MM
The auto showroom and service facility sits on a 2.12-acre lot with 150 parking stalls along one of South King County’s highest-traffic corridors...
Kitsap County Apartment Vacancy Plunges 270 Basis Points as the Puget Sound’s Smallest Market Posts Sharpest Fundamental Improvement
A new Kidder Mathews report finds vacancy fell from 10.9 percent to 8.2 percent during 2025 — the largest decline of any submarket...
Pierce County Apartment Sales Reach $445MM in 2025 as Income-Focused Investors Target the South Sound’s Higher Yields
A new Kidder Mathews report finds 43 buildings traded at 6.0 percent average cap rates while the Tacoma-anchored market posted 2 percent rent...
Snohomish County Apartment Sales Reach $640MM in 2025 as Measured Recovery Favors Patient Capital
A new Kidder Mathews report finds transaction volume more than doubled from 2023 levels as flat rents and a light supply pipeline keep...
King County Apartment Sales Surge to $4.7B in 2025 as Four Submarkets Chart Divergent Paths to Recovery
A new Kidder Mathews report finds Seattle drove the lion’s share of deal volume while East King commanded the tightest cap rates, North...
PTLA Real Estate Group Lists 217-Unit University Park & Place Apartments Near Central Washington University in Ellensburg
The Walnut Creek, Calif.-based investor taps Berkadia to market its student-housing-adjacent property after an eight-year hold, offering value-add upside in a supply-constrained college...
March Rate Cut Unlikely as Labor Market Stabilizes, Wells Fargo Sees 2 More Cuts in 2026
Solid consumer spending, 70K average monthly payroll growth and core PCE easing to 2.6 percent by Q4 shape updated U.S. outlook After a...
Dave’s Hot Chicken Targets 11 New Western Washington Locations as Billion-Dollar Brand Accelerates Puget Sound Growth
The Nashville-style hot chicken franchise, backed by Roark Capital, is seeking sites across the region from Bellingham to Olympia as its Capitol Hill...
Bellevue Launches Packed Week of Housing and Land Use Planning Sessions as City Pursues 5,700-Unit Affordability Target
A series of public meetings spanning affordable housing strategy, BelRed code overhaul, mixed-use density changes and urban design will shape the Eastside city’s...
Seattle Mayor Signs Legislation to Speed Production of Housing and Emergency Shelter in City
Mayor Katie B. Wilson today signed CB 121093 and CB 121135, legislation sponsored by Councilmember Eddie Lin (District 2) which will speed the...
SMPS Pacific Regional Conference (PRC) in Seattle March 18–20, 2026: Hands-on Workshops, Single-Day Ticket, and Social Event Tickets Available
SEATTLE, Wash. — The Society for Marketing Professional Services 16th Annual Pacific Regional Conference (SMPS PRC) is taking place March 18–20, 2026, at...
Kidder Mathews Awarded 450,000 SQFT Leasing Assignment for 217 Distribution Center in Beaverton, Oregon
Portland, Oreg. (February 19, 2026) – Kidder Mathews has been awarded the exclusive leasing assignment for 217 Distribution Center, a 450,666-square-foot, multi-tenant industrial...
UPS to Close Spokane and Pendleton Facilities as Pacific Northwest Feels Impact of National Network Overhaul
The closures are part of a sweeping restructuring that will shutter 22 union-staffed buildings across 18 states in 2026, as UPS decouples from...
Portland Approves Enterprise Zone Expansion at PDX for Alaska Airlines’ $150MM Maintenance Hub
City Council unanimously backs tax incentive boundary change to support airline’s new operations center at Portland International Airport Portland City Council voted unanimously...
Macerich Trims Oregon Holdings With $31MM in Washington Square Outparcel Sales While Retaining Two Portland and Eugene Centers
The mall REIT sold a retail strip center and an outparcel at its Washington Square property in Portland during Q4 2025, while both...
Federal Funding Advances Gateway to OMSI as Portland’s $1 Billion Central Eastside District Takes Shape
An $850,000 community project appropriation will rebuild two key intersections on SE Water Avenue, unlocking the next phase of the 24-acre OMSI District...
Intrinsic Ventures Lists 46,800 SQFT Dairy Building for $5MM in Portland’s Central Eastside
The adaptive reuse industrial and creative maker asset on 2.5 acres offers investors leasehold interest with redevelopment upside A gut-renovated industrial building in...
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 ReadingKitsap County Apartment Vacancy Plunges 270 Basis Points as the Puget Sound’s Smallest Market Posts Sharpest Fundamental Improvement
A new Kidder Mathews report finds vacancy fell from 10.9 percent to 8.2 percent during 2025 — the largest decline of any submarket...
Q4 Employment Cost Index Rises 3.4%, Marking Slowest Compensation Growth Since 2021
Wells Fargo Economics says labor costs remain in a “Goldilocks zone” as wage pressures ease and benefit growth moderates As policymakers weigh the...
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....
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,...
The $200 Billion Question: Where Does Your Tariff Tax Go?
By Billy the Broker (I just want to stay anonymous) The Trump administration is crowing about collecting $200 billion in tariff revenues this year. Customs...
McNellis on CMBS: “Commercial Mortgage BS”
By John McNellis This essay is taken from John’s forthcoming 3rd edition of Making it in Real Estate. I was leaning against the bar...
Why CRE Experts Say the Looming $1.26 Trillion Debt Wall Can Be Scaled
By Kidder Mathews Roughly $1.26 trillion in commercial real estate loans are set to mature through 2027. Most originated in the mid-2010s, when rates averaged between...
How Does Humanity Fit into an AI World?
By Hans Hansson, President of Starboard CRE Reflections from a Real Estate Convention and Beyond Introduction: An Unexpected Encounter in Nashville Last week...
Stoel Rives Commits to 55,000 SQFT at Seattle’s Tower 1201 With $8MM Build-Out
Law firm relocates to LEED Gold-certified Third Avenue tower as Seattle legal tenants continue to upgrade space Office tenants in Seattle’s legal sector...
Kidder Mathews Awarded 450,000 SQFT Leasing Assignment for 217 Distribution Center in Beaverton, Oregon
Portland, Oreg. (February 19, 2026) – Kidder Mathews has been awarded the exclusive leasing assignment for 217 Distribution Center, a 450,666-square-foot, multi-tenant industrial...
Lou Development Plans 52-Unit Mixed-Use Project in Seattle’s Central District
Seattle officials grant conditional approval for redevelopment near Seattle University with 52 apartments, street-level commercial space and subgrade parking Urban infill development continues...
Boardmill Block Hits Permitting Milestone as Local Developers Advance Bellingham’s Waterfront Vision
New permit applications signal the long-planned hotel, residential and park complex on the former Georgia-Pacific site is shifting from design to construction preparation....
UPS to Close Spokane and Pendleton Facilities as Pacific Northwest Feels Impact of National Network Overhaul
The closures are part of a sweeping restructuring that will shutter 22 union-staffed buildings across 18 states in 2026, as UPS decouples from...
Portland Approves Enterprise Zone Expansion at PDX for Alaska Airlines’ $150MM Maintenance Hub
City Council unanimously backs tax incentive boundary change to support airline’s new operations center at Portland International Airport Portland City Council voted unanimously...
Beyond AI: U.S. Capital Investment Shows Early Signs of Broadening Recovery
New data on durable goods orders and industrial production point to stabilizing capex in traditional sectors, even as the AI investment boom continues...
Macerich Trims Oregon Holdings With $31MM in Washington Square Outparcel Sales While Retaining Two Portland and Eugene Centers
The mall REIT sold a retail strip center and an outparcel at its Washington Square property in Portland during Q4 2025, while both...