Red Tail Acquisitions Buys 115-Unit Exeter House Apartments for $25MM in Seattle’s First Hill
The 1927 property traded at roughly $217,400 per unit, well below comparable recent multifamily sales across Seattle’s urban core. An entity affiliated with...
G3 Partners Acquires Nine Acres of Overlake Christian Church’s Redmond Campus for $15.5MM
Kirkland-based buyer plans 142,240-square-foot recreation, manufacturing, and office facility on subdivided industrial-zoned parcel along Willows Road NE G3 Partners LLC has purchased a...
Oregon’s Industrial Real Estate Reckoning: 9,100 Acres Poised to Transform Rural Data Center Market
State communities plan to quadruple data center footprint as Amazon’s $37 million land purchase eyes first exascale facility near Boardman. Oregon stands at...
Essex Property Trust Reports Steady Growth in Seattle as Declining Supply Pipeline Positions Market for Tighter Conditions
The apartment REIT’s Pacific Northwest portfolio posted 2.8 percent same-property revenue growth in 2025, with the region poised to benefit from a sharp...
SecureSpace Self Storage Opens 53,000 SQFT Self Storage Site in Tukwila
REDONDO BEACH, Calif., March 26, 2026 — SecureSpace Self Storage (“SecureSpace”), a leading self-storage platform with locations across key urban markets in the...
Kennedy Wilson Sells Stake in 204-Unit Equinox Apartments in Seattle’s Eastlake for $44.9MM
The 204-unit Eastlake waterfront apartment complex was jointly acquired by Kennedy Wilson and a partnerfor $90 million in 2016; the partner buyout is...
MSR Communities Plans 247-Unit Mountain View Apartments on Former Dumpster Yard Near Canyon Park in Bothell
International homebuilder’s first multifamily rental project spans two phases — a 109-unit, seven-story building and a 138-unit, eight-story building — on a site...
Lake City Collective Plans 26,500 SQFT Cultural Center in Seattle
A three-story community-focused development would bring gathering space, urban agriculture, and resilience infrastructure to a 10,804-square-foot site in North Seattle Community-focused development efforts...
Bell Partners Acquires 177-Unit Milehouse Apartments in Redmond for $78.5MM from UDR
The Greensboro, N.C.-based multifamily investor continues to expand its Seattle-region portfolio with its acquisition of the downtown Redmond mixed-use apartment community, which UDR...
Portland City Grill Renews Lease at Big Pink, Reaffirming Commitment to Downtown Portland
PORTLAND, Ore.–Swickard Group announced today that Portland City Grill, one of the city’s most iconic dining destinations, has renewed its lease for five...
LeFrak Buys Out Kennedy Wilson’s Stake in 282-Unit Radius Apartments in Seattle for $60MM
LeFrak takes ownership of the South Lake Union apartment complex, which the two firms jointly acquired from Greystar for $141 million in 2017;...
Puget Sound Apartment Market Hits $6 Billion in Transaction Volume as Institutional Investors Return to the Region
The Simon | Anderson Multifamily Team at Kidder Mathews delivered its spring market outlook at its 26th investor forum, citing a surge in...
Oregon’s Industrial Real Estate Reckoning: 9,100 Acres Poised to Transform Rural Data Center Market
State communities plan to quadruple data center footprint as Amazon’s $37 million land purchase eyes first exascale facility near Boardman. Oregon stands at...
Portland City Grill Renews Lease at Big Pink, Reaffirming Commitment to Downtown Portland
PORTLAND, Ore.–Swickard Group announced today that Portland City Grill, one of the city’s most iconic dining destinations, has renewed its lease for five...
Fourth Avenue Capital Acquires New Construction 174-Unit Spring Woods Apartments in Salem for $39.3MM
The Seattle-based middle-market multifamily firm’s acquisition at approximately $225,862 per unit continues its strategy of targeting newly built assets below replacement cost in...
72-Unit New Construction Q1 Apartments Hits Market in Hillsboro’s Silicon Forest Corridor
The 2024-built multifamily asset along Quatama Road offers all two-bedroom units near Intel’s Ronler Acres campus and the MAX Blue Line A 72-unit...
Portland Hotel Sector Navigates Near-Term Headwinds as Select Submarkets and Thin Pipeline Offer Investor Opportunities
Marcus & Millichap’s 2026 outlook projects continued softening in Portland’s hotel fundamentals, though limited new construction and tech-corridor demand create selective bright spots....
Swift Real Estate Partners Buys Back $101.7MM Wells Fargo Loan on 588,000 SQFT West Coast Office Portfolio for Around $80MM
San Francisco-based investment firm acquires non-performing note on its own three-property office portfolio using all-equity capital from Fund II, eliminating all debt on...
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 ReadingEssex Property Trust Reports Steady Growth in Seattle as Declining Supply Pipeline Positions Market for Tighter Conditions
The apartment REIT’s Pacific Northwest portfolio posted 2.8 percent same-property revenue growth in 2025, with the region poised to benefit from a sharp...
Oregon’s Wine Industry Charts a Cautiously Optimistic Course Amid National Downturn
The state’s premium producers anticipate mid-single-digit revenue growth for 2025, outpacing most U.S. regions, though structural challenges and demographic headwinds remain. Oregon’s wine...
PSERS and Tennessee TCRS Deploy $500MM Into Real Estate and Infrastructure Funds
Major public pension systems signal renewed confidence in commercial real estate as stabilizing markets and improving capital conditions draw institutional capital back into...
The Buyer Who Wasn’t There
The record gap between home sellers and buyers reveals a tale of two Americas—Sun Belt markets drowning in oversupply while Northern cities with...
Amazon’s Empty Chairs
By Billy the Broker (I just want to stay anonymous) To put the size of Amazon’s office downsizing in perspective, one of its...
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...
PSERS and Tennessee TCRS Deploy $500MM Into Real Estate and Infrastructure Funds
Major public pension systems signal renewed confidence in commercial real estate as stabilizing markets and improving capital conditions draw institutional capital back into...
The 21st Century ROAD to Housing Act Is Both a Threat and a Lifeline for Developers
A single provision is freezing the build-to-rent pipeline, but the rest of the landmark bill delivers some of the most pro-development federal reforms...
West Coast Self Storage Developers Navigate Tariff Pressures and Labor Headwinds as Subcontractor Competition Intensifies
A new contractor survey from DXD Capital reveals that while material costs and deportation-related labor disruptions are mounting, aggressive subcontractor pricing is offering...
Chipotle, Sabine Café & Bar Sign Retail Leases at Skanska’s The Eight in Downtown Bellevue
The fast-casual chain and Mediterranean-inspired restaurant will activate the ground-floor retail program at the recently completed 25-story, 540,000-SQFT Class A+ office tower. Skanska...
Tishman Speyer Resubmits Design Review for 1.1MM SQFT Office Campus in Downtown Bellevue
The four-tower development at 100 112th Avenue NE, acquired for $152.5 million in 2021, would deliver more than 1 million square feet of...
Wallace Properties Secures Approval for 895-Unit Bellevue North Mixed-Use Development in City’s Downtown
Applicant secures Master Development Plan approval with conditions for a two-phase redevelopment spanning a 28-story high-rise tower and three midrise residential buildings in...
Healthpeak Properties Acquires 121-Unit Senior Living Community in Bothell from Lytle Enterprises for $41MM
The S&P 500 REIT’s purchase of the independent living property from Lytle Enterprises adds to an expanding senior housing portfolio backed by a...
Kemper Development Secures $238MM Refinancing for 561,500 SQFT Lincoln Square North Office Tower in Bellevue
Bellevue, WA (March 25, 2026) — Newmark announces the Company has arranged a $238 million refinancing for Lincoln Square North, an institutional-quality office...
