Davis Wright Tremaine Renews 112,000 SQFT Lease at BXP’s Madison Centre in Seattle
Long-Term Renewal in DWT’s Founding City SEATTLE – BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in...
Wright Runstad Sharpens 555-Unit Housing Plan at Bellevue’s Spring District With Clark Barnes Design
Wright Runstad has brought architect Clark Barnes onto its plan to build 555 market-rate apartments on parcels at Bellevue’s Spring District that were...
Rising Costs Squeeze Essex’s Seattle Apartment Income Even as Q2 Revenue Climbs 1.7%
Essex Property Trust’s Seattle-area apartments posted higher revenue but lower profit in the second quarter of 2026, as a double-digit jump in operating...
Fairfield Residential Files Plans for 210-Unit Apartment Redevelopment on Bellevue’s Northup Way
Fairfield Residential has moved to redevelop a low-slung, family-owned parcel near State Route 520 in Bellevue into 210 apartments, adding to a wave...
Unico Properties Puts 181,000 SQFT West Canal Yards Waterfront Campus in Seattle Up for Sale
Seven years after acquiring a weathered industrial parcel on the south bank of the Lake Washington Ship Canal, Unico Properties has hired CBRE...
Piping Rock Health Products Leases 91,000 SQFT from Summit Properties in Portland’s East Columbia Corridor
A New York vitamins and supplements company has taken 90,894 square feet at 19018 NE Portal Way in the East Columbia Corridor, the...
Ferguson Leases 117,000 SQFT in Ridgefield, the Portland Market’s Largest Industrial Deal of 2Q 2026
A single lease by plumbing and HVAC distributor Ferguson accounted for every square foot of leasing activity recorded in the Clark County Outlying...
41-Unit Ellensburg Apartment Complex Trades for $4.5MM
A single-family owner’s plan to sell his 41-unit Campus Village Apartments took two and a half years and a rebuild from fire damage...
Piping Rock Health Products Leases 91,000 SQFT from Summit Properties in Portland’s East Columbia Corridor
A New York vitamins and supplements company has taken 90,894 square feet at 19018 NE Portal Way in the East Columbia Corridor, the...
Ferguson Leases 117,000 SQFT in Ridgefield, the Portland Market’s Largest Industrial Deal of 2Q 2026
A single lease by plumbing and HVAC distributor Ferguson accounted for every square foot of leasing activity recorded in the Clark County Outlying...
Newmark Properties Buys 118,000 SQFT Swan Island Industrial Holding in Portland for $16.9MM
Newmark Properties has acquired a two-address, 118,280 square foot industrial holding on Portland’s Swan Island for $16.9 million, a bet on close-in, supply-constrained...
OpenAI, Uber Anchor 3.4MM SQFT Leasing Surge as Puget Sound Office Market Turns Corner in 2026
A wave of long-term commitments from artificial intelligence, software and professional-services tenants pushed Puget Sound office leasing up 62 percent in the first...
Piping Rock Health Products Leases 91,000 SQFT from Summit Properties in Portland’s East Columbia Corridor
A New York vitamins and supplements company has taken 90,894 square feet at 19018 NE Portal Way in the East Columbia Corridor, the...
Newmark Properties Buys 118,000 SQFT Swan Island Industrial Holding in Portland for $16.9MM
Newmark Properties has acquired a two-address, 118,280 square foot industrial holding on Portland’s Swan Island for $16.9 million, a bet on close-in, supply-constrained...
Portland Retail Vacancy Holds at 4.7% as Construction Deliveries Collapse 97%
Portland’s retail market posted a 92.12 percent surge in average sale price per square foot during the second quarter of 2026, but the...
Hillsboro Becomes First Oregon City to Enact Data Center Land Use Moratorium
Hillsboro has become the first city in Oregon to halt new data center and battery energy storage system development through a land use...
Portland Apartment Vacancy Tightens to 7.1% as Values Slide 13% and Cap Rates Widen to 6.4%
Portland’s apartment market has split in two: leasing fundamentals are quietly repairing themselves as demand outruns a collapsing supply pipeline, while the capital...
Clark County Absorbs 346,000 SQFT While Portland Sheds 868,000 SQFT, Splitting the Industrial Market in Two
Clark County absorbed 345,587 square feet in 2Q 2026 while metro Portland gave back 867,770, splitting the region's industrial market in two.
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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 ReadingRising Costs Squeeze Essex’s Seattle Apartment Income Even as Q2 Revenue Climbs 1.7%
Essex Property Trust’s Seattle-area apartments posted higher revenue but lower profit in the second quarter of 2026, as a double-digit jump in operating...
Puget Sound’s Industrial Construction Pipeline Craters 93% Even as Spec Deliveries Flood a 12.6% Vacancy Market
A cluster of large speculative projects delivered or broke ground across the Puget Sound in the second quarter even as developers slammed the...
Bellevue Moves to Rezone Bellevue College Campus With New Institutional District to Unlock Expansion
The City of Bellevue has launched a land use code amendment and legislative rezone that would create a first-of-its-kind Institutional land use district...
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...
Mesirow Financial Fund Acquires 235-Unit Island Square Apartments for $157MM on Mercer Island
Mesirow Financial’s value-add multifamily fund found the discount-to-replacement-cost, barrier-to-entry market its investors were promised on an island that has spent decades limiting new...
JB Matteson Sells 134-Unit Langara Apartment Community for $55.1MM in Issaquah
CBRE arranged the sale of 134-unit apartment and townhome community Langara, a 134-unit garden-style apartment and townhome community called Langara in Issaquah has...
Vintage Housing Plans 262-Unit Conversion of 411,000 SQFT Former Microsoft Campus in Issaquah
Vintage Housing has filed plans to convert two vacant former Microsoft office buildings totaling 410,848 square feet in Issaquah into 262 affordable housing...
Port of Seattle Advances Terminal 91 West Berth Dredging to Ready Cruise Berths for 2027 Shore-Power Mandate
Port of Seattle issued a draft finding of non-significance for Terminal 91 West Berth maintenance dredging, clearing cruise berths for its 2027 shore-power...
Mayor Wilson Appoints Kelli Larsen as Director of Seattle Office of Housing
Mayor Katie B. Wilson has tapped a five-year veteran of the Seattle Office of Housing, Kelli Larsen, to run the agency and execute...
Portland Retail Vacancy Holds at 4.7% as Construction Deliveries Collapse 97%
Portland’s retail market posted a 92.12 percent surge in average sale price per square foot during the second quarter of 2026, but the...
Watumull Properties Acquires 262,000 SQFT Hood Packaging Plant in Vancouver, Wash., for $17.8MM
Honolulu-based Watumull Properties Corp. bought the largest industrial building to change hands in the Portland-Vancouver market last quarter at the lowest per-foot price...
Hillsboro Becomes First Oregon City to Enact Data Center Land Use Moratorium
Hillsboro has become the first city in Oregon to halt new data center and battery energy storage system development through a land use...