FPA Multifamily Buys 352-Unit Cyan PDX in Downtown Portland for $61MM
A trophy downtown Portland high-rise has changed hands at a steep discount to its last sale, a repricing that lines up with a...
Portland Multifamily Supply Collapses to 2,550 Units as Institutional Capital Returns Ahead of Recovery
Portland's apartment construction pipeline has fallen roughly 80 percent from its 2022 peak while renters keep absorbing units, and the institutional capital that...
John Burns Maps a Drawn-Out Building Products Recovery as Tech Wealth Skips Home Improvement
At a webinar on the state of building products, John Burns Research and Consulting principal Nishu Sood urged manufacturers and dealers to plan...
The Pacific Northwest Now Has the Nation’s Smallest New Apartments
Seattle, Portland and Tacoma occupy the three smallest spots on the national apartment-size ranking, the product of a building cycle across the Pacific...
VIDA Coworking to Open 10,000 SQFT Location at Montgomery Park for Third Portland-Area Location
VIDA Coworking will open its third Portland-area location this October inside NW Portland’s historic Montgomery Park building, extending the women-focused flexible office operator...
Community Roots Housing and Kids Co. Begin 8,000 SQFT Early Learning Center Buildout at CopperLeaf Northgate in Seattle
Construction has begun on a purpose-built child care center inside the ground floor of a fully leased affordable housing community steps from Link...
Pacific Northwest Data Centers Hit Near-Zero Vacancy as CBRE Reports Record 1.4% Demand in H1 2026
A CBRE webinar previewing the firm's North America Data Center Trends report for the first half of 2026 laid out an unprecedented supply...
REACH, Mercy Housing Near Finish on 81-Unit, $52MM Camas Meadows Affordable Community in Beaverton
REACH Community Development and Mercy Housing Northwest are putting the finishing touches on Camas Meadows, a transit-adjacent affordable community in Beaverton stitched together...
Mountlake Terrace’s FS Bancorp Closes $34.6MM Pacific West Deal, Adding Four Portland-Area Branches
Seattle-area FS Bancorp has closed its $34.6 million purchase of Portland's Pacific West Bancorp, a deal that hands 1st Security Bank of Washington...
Simon Property Group Turns Northwest Mall Traffic Into an Ad Business With Simon Media Network
The nation's largest mall owner, whose Northwest holdings include Tacoma Mall and outlet centers in Tulalip and Woodburn, has launched a media network...
Kemper Development Company to Explore Sale of 5.5MM SQFT Bellevue Collection After Eight Decades of Family Ownership
Kemper Development Company said it will hire a broker to test the market for The Bellevue Collection, the 5.5-million-square-foot downtown Bellevue complex the...
Bellevue Eyes Eastgate Office Corridor for Mixed-Use Overhaul Under New Area Plan
Bellevue's Planning Commission will weigh a plan to redevelop Eastgate's high-vacancy office corridor into a walkable, mixed-use district.
FPA Multifamily Buys 352-Unit Cyan PDX in Downtown Portland for $61MM
A trophy downtown Portland high-rise has changed hands at a steep discount to its last sale, a repricing that lines up with a...
Portland Multifamily Supply Collapses to 2,550 Units as Institutional Capital Returns Ahead of Recovery
Portland's apartment construction pipeline has fallen roughly 80 percent from its 2022 peak while renters keep absorbing units, and the institutional capital that...
The Pacific Northwest Now Has the Nation’s Smallest New Apartments
Seattle, Portland and Tacoma occupy the three smallest spots on the national apartment-size ranking, the product of a building cycle across the Pacific...
VIDA Coworking to Open 10,000 SQFT Location at Montgomery Park for Third Portland-Area Location
VIDA Coworking will open its third Portland-area location this October inside NW Portland’s historic Montgomery Park building, extending the women-focused flexible office operator...
Pacific Northwest Data Centers Hit Near-Zero Vacancy as CBRE Reports Record 1.4% Demand in H1 2026
A CBRE webinar previewing the firm's North America Data Center Trends report for the first half of 2026 laid out an unprecedented supply...
REACH, Mercy Housing Near Finish on 81-Unit, $52MM Camas Meadows Affordable Community in Beaverton
REACH Community Development and Mercy Housing Northwest are putting the finishing touches on Camas Meadows, a transit-adjacent affordable community in Beaverton stitched together...
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 ReadingPortland Multifamily Supply Collapses to 2,550 Units as Institutional Capital Returns Ahead of Recovery
Portland's apartment construction pipeline has fallen roughly 80 percent from its 2022 peak while renters keep absorbing units, and the institutional capital that...
Downtown Seattle Sets Recovery Records as Office Vacancy Climbs Near 35%
The Downtown Seattle Association’s July data shows apartment occupancy, hotel demand and transit ridership all beating or matching pre-pandemic benchmarks, even as office...
Seattle Building Emissions Fall 14% as City’s New Performance Standard Nears First Deadline
Seattle's Office of Sustainability & Environment reported that emissions from the city's buildings sector fell sharply in 2024 even as population and economic...
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...
A Shot in the (Life Science) Arm for Puget Sound
Eli Lilly’s $1.5 billion cash deal for Bothell-based Curevo Vaccine is the kind of validating, capital-attracting exit Puget Sound’s life sciences cluster has...
The Data Center Bargain: What Every Town Should Demand
Free power. Free heat. Clean water. The bargain every town should be demanding. By Billy the Broker (I just want to stay anonymous)...
Ready Capital Lands $141MM C-PACE Loan for Portland’s Block 216 Ritz-Carlton Tower
The financing, arranged by Peachtree Group and described by the firm as its second-largest C-PACE deal to date, gives Ready Capital a long-dated,...
Prosper Portland Launches $800K Grant Program to Fill Vacant Storefronts as Vacancy Nears 40%
Facing a combined 39 percent vacancy rate across its central city, Portland is offering matching grants of up to $100,000 to grocery stores,...
279-Unit Apartment Project Proposal Seeks Approval in Bellevue
A request to build 13 feet above Bellevue’s 70-foot height limit would let the SE 8th Street project reach 279 units, with roughly...
LDS Church Sells Two Auburn Meetinghouses for Combined $8.7MM Amid Seattle-Area Consolidation
The LDS Church sells two Auburn meetinghouses for a combined $8.7MM as it reshapes its Seattle-area property footprint.
32-Unit Gladstone Apartments in Seattle’s Lake City Listed for $5.995MM
Seattle’s 32-unit Gladstone Apartments has hit the market for $5.995 million, offering buyers a choice between finishing a renovation program already covering two-thirds...
Public Storage Pays $6.4MM for Mukilteo Self-Storage Site
Four Snohomish and King County closings totaling $45.6 million have surfaced so far from Public Storage’s $96.9 million purchase of Money Saver Mini...
BIG Management Delivers 24-Unit Big 1410 Apartments on Seattle’s Capitol Hill
Developer BIG Management and architect Public47 have replaced an 11-unit Capitol Hill building with a 24-unit apartment project designed around open-air light courts...
Trinity Property Consultants Buys 46-Unit Brooklyn Yard Apartments in Portland for $6.3MM
The deal pencils to roughly $136,400 per unit, well below both of the two most-cited averages for the Portland apartment market, extending a...
