Digital Realty Advances 380,000 SQFT Data Center Plan at 301 Virginia in Seattle as Council Moratorium Looms
A new construction permit filing lists the Texas-based REIT as owner of the former Bed Bath & Beyond property, even as the Seattle...
SMPS Seattle Announces 2026 Reign Awards Winners
SMPS Seattle members gathered on May 21 at SoDo Park to celebrate excellence in marketing and outstanding achievements of our regional A/E/C marketing professionals....
BKM Capital Partners and Kayne Anderson Real Estate Acquire a $1.8B Portfolio of Light Industrial Assets
Acquisition Adds 8.5 Million Square Feet Across National Platform, Positioning BKM and Kayne as one of the Largest Owner-Operators of Multi-Tenant Light Industrial...
Seattle Opens Salvage Lumber Warehouse in SODO to Funnel Old-Growth Wood Back Into New Construction
An EPA-funded warehouse run by Earthwise Architectural Salvage aims to turn deconstructed Seattle homes into a steady supply chain for builders chasing embodied-carbon...
Link Logistics Proposes 469,530 SQFT Spec Warehouse Plan in Kent Valley
The Blackstone-backed industrial giant moves to clear four obsolete buildings on 84th Avenue South and replace them with modern Class A product, even...
Shoreline Bets on Park District Workaround to Land $100MM Aquatic Center
After two failed bond attempts, Shoreline lawmakers are routing a 48,000-SQFT indoor pool to voters through a Metropolitan Park District that needs only...
NexCore, Clarion Partnership Debuts With 205-Unit Gallery Richmond Beach Senior Living Project in Shoreline
Denver developer and New York investment manager break ground on six-story Shoreline community after acquiring entitled retail site at a 34 percent discount...
Historic 193,027 SQFT Central Building Hits Market in Downtown Seattle at Reset Basis
Newly renovated 1907 landmark lists for sale with 30.6 percent occupancy, offering buyers a generational entry point as Seattle’s CBD office market resets....
Out-of-Market Firms Drive 72% of Puget Sound AI Leasing as 2026 Tracks Record Year
California-headquartered AI companies now account for 62 percent of regional leasing activity, mirroring the 2010s tech migration that reshaped Seattle and the Eastside....
John Burns Says Land Markets Enter “Selective Growth” Phase as Builders Push 73% of Lots Off Balance Sheet
Ken Perlman’s 2026 land playbook lays out a market split between A-and-B winners and C-and-D laggards, with land banking, attainable product and master-planned...
Panattoni Plots 1.03MM SQFT Podium I-5 Warehouse on Shuttered Wild Waves Site in Federal Way
Irvine-based developer doubles down on speculative industrial bet as Puget Sound vacancy climbs to 9.3 percent and a half-century-old theme park bows out....
PMF Investments Lists 2.86-Acre Redmond Inn Assemblage as Mixed-Use Redevelopment Play Near Microsoft
The Bellevue investor, which paid $20.2 million for the 137-room hotel and adjacent Family Pancake House two years ago, has tapped Newmark to...
Oregon’s In-Migration Slows for Second Straight Year, Squeezing Demographic Math Behind Portland CRE
Driver’s license exchanges hit a five-year low in 2025, signaling fresh demographic drag on Oregon’s office, multifamily and labor markets. Oregon’s reliance on...
Newmark Folds Oregon Capital Markets Team Into Bay Area Platform to Channel California Investor Flow
The realignment positions James Childress and Kellen Kollmorgen alongside Steven Golubchik as Portland courts Bay Area institutional buyers chasing yield in secondary markets....
Central City Concern Acquires 160,000 SQFT Everett Building in Portland Old Town for $11MM
Nonprofit’s purchase of former NWEA headquarters lands at 77 percent below the property’s 2015 trade, marking the latest fire-sale benchmark for downtown Portland...
Portland Posts Nation’s Second-Worst Metro Construction Loss as Oregon Sheds 1,900 Jobs
The Portland-Vancouver-Hillsboro metro lost 4,900 construction jobs over the year ending March, ranking 359th of 360 U.S. metros in absolute losses and trailing...
Portland Hotels Limp Into 2026 as Downtown Distress Collides With Suburban Strength
National hotel performance is finally turning the corner, but Portland’s recovery remains stuck in the slow lane as international travel falters and downtown...
New Blueprint, Rabina Land $75MM Loan to Launch 250-Unit First Phase at Former HP Campus in Vancouver
Six-year transformation of 180-acre Vancouver Innovation Center pivots from office park renovation to ground-up residential, with another 1,000 units in the pipeline. After...
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 ReadingSMPS Seattle Announces 2026 Reign Awards Winners
SMPS Seattle members gathered on May 21 at SoDo Park to celebrate excellence in marketing and outstanding achievements of our regional A/E/C marketing professionals....
Seattle Council Advances Upzone Package to Jumpstart Stalled Towers and Mass Timber Projects
The Housing Opportunities Program would lift heights in Belltown, exempt eco-friendly projects from design rules and shield qualifying buildings from SEPA appeals, with...
Sound Transit Board Greenlights $34.5B ST3 Reset, Leaving Ballard Link in Limbo
A 16-2 vote prioritizes West Seattle and resurrects the Graham Street station, but the long-promised extension to Market Street remains unfunded as the...
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)...
The Geography of Want: Why Starbucks Can’t Drag Its People to Nashville
By Billy the Broker (I just want to stay anonymous) There’s an old joke about the Boston banker who, told he must relocate...
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...
Philips Plans Multiyear Sale of 57-Acre Bothell Campus Assessed at $122.99MM
Dutch health-tech giant tees up a quiet exit from its longtime Puget Sound headquarters and signals a search for smaller, modernized Seattle-area space....
New York Investor Pays $65MM for Kettle Cuisine-Anchored Production Plant in Everett
FFW Holdings exits longtime Snohomish County food-manufacturing facility in a $65 million trade to New York buyer NM KKC LLC. A New York-based...
Seattle Posts Highest Vacancy Increase Among Tech Gateways Even as Bellevue Anchors AI Leasing Recovery
CBRE’s 2026 Tech Gateway Office Markets report shows Seattle’s downtown and Eastside drawing top-five U.S. AI tenant demand while overall vacancy climbs 500...
Class A+ Office Occupancy Nears 2025 Peak as Kastle Barometer Climbs to 78.6 Percent
Trophy buildings push toward full reoccupation while the broader Kastle index logs its strongest peak day since early March, signaling a widening gap...
Seattle Ends Dual-Striped Court Experiment as Pickleball Demand Reshapes Parks Strategy
New Seattle Parks and Recreation strategy retires shared tennis-pickleball courts, names new sport hubs, and signals reliance on private facilities to meet pickleball...
Oregon’s In-Migration Slows for Second Straight Year, Squeezing Demographic Math Behind Portland CRE
Driver’s license exchanges hit a five-year low in 2025, signaling fresh demographic drag on Oregon’s office, multifamily and labor markets. Oregon’s reliance on...
Prime-Age Labor Force Participation Hits 83.8%, Undercutting Work From Home Job-Loss Narrative
Stanford economist Nick Bloom points to rising prime-age workforce participation and Fortune 500 hybrid adoption as evidence that remote work expands rather than...
Berkshire Hathaway Strikes $8.5B Deal to Take Taylor Morrison Private in Buffett-Era Housing Bet
All-cash .50-per-share offer hands Greg Abel his first marquee acquisition and gives Berkshire its first production-scale homebuilder. Warren Buffett’s successor wasted little time...
