Space Needle between two apartment buildings in Seattle
FeaturedIndustry NewsLeasingResidential

Brokers Bet Seattle Apartments Are Next as San Francisco Rents Surge and Tech Returns

A May 2026 market recap argues the Bay Area’s rent explosion and fresh tech leasing from Apple and Anthropic foreshadow a turn for...

Port of Seattle Unveils 31-Project Blueprint to Expand SEA for 56 Million Passengers by 2032

The Port’s Draft Environmental Impact Statement opens public comment on a sweeping near-term expansion anchored by a second terminal and 19 new gates....

154,600 SQFT Meadowlark Industrial Center in Portland’s Sunset Corridor Trades for $30MM

Fully leased, Class A industrial asset totaling 154,646 square feet trades in one of the region’s most established advanced manufacturing submarkets Portland, Ore.,...

Wishcamper Opens 164-Unit Amity Orchards Affordable Community in Beaverton’s South Cooper Mountain

The $80MM multigenerational project, backed by $9MM from Metro’s voter-approved housing bond, is the second bond-funded community to open in the fast-growing area...

InCity Properties Lists 84-Unit Altura Apartments in Spokane at $12MM with 34% Renovation Upside

The 1972-built Riverside tower is being marketed as a value-add play with a 6.61 percent in-place cap rate and capacity to push rents...

AvalonBay and Equity Residential Forge $69B Apartment Titan in All-Stock Merger of Equals

The combination of the nation’s two largest multifamily REITs creates a 180,000-unit powerhouse with dominant positions in Los Angeles, New York and Greater...

Pacific Northwest Office Vacancy Eases to 16.79% as Tech Tenants Drive Q1 2026 Leasing Surge

OpenAI, Uber, Meta and General Motors anchored a quarter of large deals across Seattle and Bellevue as conversions thin the obsolete stock Leasing...

CommercialFeaturedIndustry NewsLeasing

Seattle Lands Among Top Five Global AI Office Markets Despite Rising Vacancy

Tech tenants leased increasing volumes of Seattle office space in 2025 as AI demand pushed the metro into the top tier of global...

FinanceIndustry NewsResidential

64-Unit Silverwood Park in Des Moines Trades for $10MM, Headed for Affordable Housing

A transit-adjacent apartment community near the Kent Des Moines light rail station has changed hands in a deal structured to preserve it as...

AECFinanceIndustry NewsPortland

Palindrome Opens 121-Unit Vuela Affordable Housing Project Over Food Bank and Transit Hub in Wilsonville

The mixed-use development stacks 121 income-restricted apartments atop a food pantry, a SMART transit center and a community food hall, anchoring a public-private...

AECFeaturedIndustry NewsResidential

Seattle’s Deepest Housing Need Is Also Its Hardest to Build, Says Community Roots CEO

As King County’s 2026 income limits inch upward, the gap between minimum-wage earners and the units they can afford keeps widening. The math...

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Macerich’s 2025 Annual Report Signals a Bifurcated Retail Market as REIT Reshapes West Coast Portfolio

The Santa Monica-based mall operator’s 10-K highlights record leasing, healthy retailer demand and the widening gap between fortress centers and lower-tier malls The...

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FinanceIndustrialIndustry NewsNews ReleasesPortland

154,600 SQFT Meadowlark Industrial Center in Portland’s Sunset Corridor Trades for $30MM

Fully leased, Class A industrial asset totaling 154,646 square feet trades in one of the region’s most established advanced manufacturing submarkets Portland, Ore.,...

Wishcamper Opens 164-Unit Amity Orchards Affordable Community in Beaverton’s South Cooper Mountain

The $80MM multigenerational project, backed by $9MM from Metro’s voter-approved housing bond, is the second bond-funded community to open in the fast-growing area...

Palindrome Opens 121-Unit Vuela Affordable Housing Project Over Food Bank and Transit Hub in Wilsonville

The mixed-use development stacks 121 income-restricted apartments atop a food pantry, a SMART transit center and a community food hall, anchoring a public-private...

Kucha and Felton Launch Felton Stern Capital Partners to Buy Suburban Office at Cycle Lows

The new Lake Oswego-based private equity platform debuts with a three-building seed portfolio and a mandate to acquire institutional-quality office and flex assets...

Portland Business Coalition Bets on High-Speed Rail to Reset Oregon’s Economic Trajectory

Mayor Keith Wilson, the Portland Metro Chamber and major institutional players are pressing Gov. Tina Kotek’s Prosperity Council to make Cascadia rail a...

Cambia Lands 90,000 SQFT Sublease at Terminal 1, Filling the Vancouver Waterfront’s Largest Empty Block

Portland-based health insurer pulls workforce from downtown Vancouver into ZoomInfo’s surrendered space, easing pressure on the region’s most-watched office sublease. The mystery tenant...

Pacific Northwest Commercial Real Estate News

PNW CRE Rising Stars

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...

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D.R. Horton Files Plans to Convert Shuttered Everett Walmart Into 248-Home Rowan Park

The nation’s largest homebuilder doubles down on Snohomish County with a townhome-and-single-family conversion of an 18.89-acre big-box site on Evergreen Way. D.R. Horton’s...

Kucha and Felton Launch Felton Stern Capital Partners to Buy Suburban Office at Cycle Lows

The new Lake Oswego-based private equity platform debuts with a three-building seed portfolio and a mandate to acquire institutional-quality office and flex assets...

Energy Efficient House. 3D Render.
AECCommercialContributorsFeaturedIndustrialIndustry News

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)...

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CommercialContributorsFeaturedIndustry NewsRetail

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...

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CommercialContributorsFinanceIndustry NewsRetail

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...

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CommercialContributorsFeaturedIndustry News

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...

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AECContributorsFeaturedIndustry NewsResidential

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...

Homes falling over
AECContributorsFeaturedIndustry NewsResidential

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 Lands as Tenant Behind 1.2MM SQFT Project Cascade Warehouse in Arlington

The e-commerce giant is set to occupy a Panattoni-developed operations facility straddling the Arlington-Marysville line, even as residents press officials over water and...

Skager Takes the Helm at Sterling Realty Organization in Generational Leadership Shift

The Bellevue commercial real estate firm elevates its operations chief to president as two longtime leaders step back from day-to-day command. Sterling Realty...

Goodman Real Estate Lists for Sale 58-Unit Ellis Court in Seattle’s Belltown

The 1990-vintage waterfront-adjacent building carries a 4.31% interest-only Fannie Mae loan good through 2031 — a financing edge the listing leans on hard...

Visitors Flood Back to Downtown Seattle as Office Workforce Keeps Shrinking, April Figures Show

April data shows downtown topping pre-pandemic visitor and tourism levels even as worker foot traffic slides to 60 percent of 2019, exposing a...

CMS Leases 84,800 SQFT Warehouse at Tarragon-Owned Sumner Building

A transportation and warehousing firm has committed to one of the larger blocks of industrial space leased across Puget Sound in the first...

Nordstrom Rack Lands 25,000 SQFT Kennewick Store at Tri-Cities Center

The off-price retailer joins Burlington at the BPG Investments-owned plaza, anchoring a soft-goods repositioning in the Tri-Cities. Nordstrom Rack has leased 25,000 square...

Pacific Northwest Multifamily Absorption Sinks to Multi-Year Low as Investors Hunt for 2019-Era Pricing

Lee & Associates Q1 2026 report shows transaction volume rebounding even as demand cools, with a thin construction pipeline setting the stage for...

Crunch Fitness Clinches 42,000 SQFT Tacoma Lease at Tahoma Vista

The fitness chain backfills a vacated big-box space at the Rhino Investments-owned center, extending its expansion across Washington. Crunch Fitness has secured a...

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