BentallGreenOak Buys 454-Unit The Ayer Tower for $353MM in Seattle’s Denny Triangle
The Ayer trade brings BentallGreenOak’s Seattle multifamily spending to $505 million in a single week, all sourced from the same Holland Partner Group...
BentallGreenOak Buys 238-Unit Ballard Independent for $152MM in Seattle
BentallGreenOak’s $638,655-per-unit purchase of the newly built property from Holland Partner Group and NASH follows a similarly priced Mercer Island trade a week...
Kirkland’s Houghton Village Site Comes to Market for 145-Unit Mixed-Use Redevelopment
The City of Kirkland has hired CBRE to market its long-vacant Houghton Village property, a 2.2-acre Eastside parcel the city bought in 2022...
Kilroy’s Seattle and Bellevue Portfolio Tightens as Westgate Lands 150,000 SQFT in New Leases
The real estate investment trust reported intensifying competition for scarce high-quality space in Bellevue and a sharp pickup in leasing across its South...
Alexandria Names Seattle Among Top Markets for Advanced Technology Demand as Lab Pipeline Shrinks 20%
Alexandria Real Estate Equities singled out Seattle as one of three markets where advanced technology tenants are absorbing buildings the REIT once planned...
Premier Workspaces Signs 11-Year Lease for 16,000 SQFT Flexible Office Center at Bellevue’s Timber Springs
Premier Workspaces has opened a 16,296-square-foot flexible office center at Bellevue's Timber Springs campus under an 11-year lease with American Assets Trust, deepening...
Multnomah County Commissioners Float New Funding Path for Moda Center’s $600MM Overhaul
Two Multnomah County commissioners are pushing to fund the county's entire $88 million capital pledge for the Moda Center renovation through an existing...
Cascada Breaks Ground on 68-Room Thermal Springs Hotel and Spa in Downtown Bend, Eyes 2028 Opening
SolTerra and Portland design firm Hacker have broken ground on a 68-room Cascada thermal springs hotel and spa in downtown Bend, importing the...
Reliques Marketplace Lands 15,000 SQFT at Downtown Vancouver’s Sparks Building in Portland Market’s No. 2 Retail Lease of 2Q
Reliques Marketplace, a locally owned antiques and collectibles operator, has committed to 14,527 square feet at 1001 Broadway St in downtown Vancouver, delivering...
3,000 SQFT SE Division Fuel and Convenience Site in Portland Trades for $6MM
A small fuel and convenience property on one of Southeast Portland’s busiest neighborhood retail corridors changed hands for $6 million in the second...
Nordic Partners Investments Buys 107-Unit Monticello Apartments for $14.4MM in Seattle’s First Hill
The 107-unit Monticello Apartments drew multiple competing offers in an off-market process before selling for $134,579 a unit, well below Seattle’s broader multifamily...
Bellevue Anchors Puget Sound Office Rebound as Regional Vacancy Climbs to 23.4% in Q2 2026
A widening split defined the Puget Sound office market in the second quarter of 2026, with Bellevue’s AI-fueled leasing surge and a thinning...
Multnomah County Commissioners Float New Funding Path for Moda Center’s $600MM Overhaul
Two Multnomah County commissioners are pushing to fund the county's entire $88 million capital pledge for the Moda Center renovation through an existing...
Cascada Breaks Ground on 68-Room Thermal Springs Hotel and Spa in Downtown Bend, Eyes 2028 Opening
SolTerra and Portland design firm Hacker have broken ground on a 68-room Cascada thermal springs hotel and spa in downtown Bend, importing the...
Reliques Marketplace Lands 15,000 SQFT at Downtown Vancouver’s Sparks Building in Portland Market’s No. 2 Retail Lease of 2Q
Reliques Marketplace, a locally owned antiques and collectibles operator, has committed to 14,527 square feet at 1001 Broadway St in downtown Vancouver, delivering...
3,000 SQFT SE Division Fuel and Convenience Site in Portland Trades for $6MM
A small fuel and convenience property on one of Southeast Portland’s busiest neighborhood retail corridors changed hands for $6 million in the second...
HomeGoods Signs Portland’s Largest Retail Lease of 2Q 2026 with 18,000 SQFT at Gresham Station
HomeGoods claimed the biggest retail lease signed anywhere in the Portland market during the second quarter of 2026, committing to 18,300 square feet...
Jmk Fuel Acquires 3,000 SQFT Wood Village Fuel and Convenience Property from J & B Petroleum for $6.48MM
A 2,921-square-foot fuel and convenience property in Wood Village, Ore., traded for $6.48 million during the second quarter, ranking as the second-largest retail...
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 ReadingKilroy’s Seattle and Bellevue Portfolio Tightens as Westgate Lands 150,000 SQFT in New Leases
The real estate investment trust reported intensifying competition for scarce high-quality space in Bellevue and a sharp pickup in leasing across its South...
Essex Property Trust Settles RealPage Rent-Algorithm Antitrust Case for $36.5MM
Essex Property Trust used its second-quarter earnings report to disclose it had fully resolved the closely watched antitrust claims tied to RealPage’s rent-setting...
Washington County, Tualatin Float SIP Tax Break to Anchor Lam Research’s $1.7B TuX Expansion
Washington County and the City of Tualatin have proposed a Strategic Investment Program tax abatement designed to lock in as much as $1.7...
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)...
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...
Greystar Takes Over Fully Entitled 219-Unit Belltown Apartment Project at 3000 Western in Seattle, Replacing Washington Holdings
Greystar has stepped into one of Belltown's most prominently sited apartment developments, going under contract for a fully entitled 219-unit project across from...
Steinhauer Properties Refinances 209,000 SQFT Office and 282-Room Hotel for $107MM in Seattle
Steinhauer Properties refinances its 255 South King Street office and Embassy Suites hotel complex in Seattle for $107 million.
Amazon Bankrolls $150,000 Free Electric Shuttle Linking Light Rail to Downtown Bellevue
Visit Bellevue has launched a free, Amazon-funded electric shuttle from the Downtown light rail station, betting that solving the last-mile gap will keep...
Kitsap PUD Sends Public Power Measure to November Ballot, Testing Puget Sound Energy’s Grip on 130,000 Customers
The Kitsap Public Utility District’s board has voted to let county voters decide whether the public agency should have the authority to enter...
HomeGoods Signs Portland’s Largest Retail Lease of 2Q 2026 with 18,000 SQFT at Gresham Station
HomeGoods claimed the biggest retail lease signed anywhere in the Portland market during the second quarter of 2026, committing to 18,300 square feet...
Jmk Fuel Acquires 3,000 SQFT Wood Village Fuel and Convenience Property from J & B Petroleum for $6.48MM
A 2,921-square-foot fuel and convenience property in Wood Village, Ore., traded for $6.48 million during the second quarter, ranking as the second-largest retail...
Savills Completes $1.11B Eastdil Secured Acquisition, Bolstering Seattle Capital Markets Presence
Savills Plc has completed its roughly $1.11 billion acquisition of Eastdil Secured, uniting one of the world’s leading real estate advisors with a...
The Hilltop Taps ZGF Architects to Design The Grotto Concert Hall Above the Columbia in Quincy
The nonprofit founded by the couple behind the Gorge Amphitheatre has hired Portland’s ZGF Architects to design a 1,200-seat concert hall on the...
