Portland Retail Vacancy Hits 4.8% as Rents Rise and Leasing Activity Persists in Q1 2026
New data from Kidder Mathews shows rising rents and steady leasing demand even as vacancy edges higher and absorption turns negative Retail conditions...
Portland Industrial Market Hits 6.5% Vacancy, Posts -872,000 SQFT Absorption in Q1 2026
Leasing activity remains steady at 2.5 million SQFT, but rising availability and continued supply deliveries keep pressure on rents and occupancy The Portland...
R+L Carriers Acquires 24-Acre Freight Terminal in North Portland for $40.5MM
The Ohio-based carrier paid approximately $396 per square foot for the 24-acre distribution facility at 6845 N. Cutter Circle, more than tripling the...
Portland Office Market Stabilizes at 15.2% Vacancy With 217,000 SQFT Absorption in Q1 2026
Leasing slows but investment activity rises more than 70% year-over-year as tenants begin to re-engage in smaller, high-quality spaces Portland’s office market entered...
Everett’s $34MM Edgewater Bridge Replacement Set to Open After 18-Month Closure
The new seismically resilient bridge on Mukilteo Boulevard will restore a critical connection between Everett and Mukilteo when it opens to vehicles on...
Kent Outdoors Signs 100,000 SQFT Lease at Prologis Park Sumner 17 in Kent Valley
Outdoor recreation and watersports equipment manufacturer establishes Puget Sound distribution presence in the Sumner industrial corridor Kent Outdoors has signed a new 100,000-square-foot...
Stryder Logistics Signs 103,000 SQFT Lease at Port Commerce Center in Tacoma
Canadian-based 3PL provider expands its Pacific Northwest warehouse network with a new facility adjacent to the Port of Tacoma Stryder Logistics has signed...
NIC Global Renews 105,000 SQFT Lease at Woodinville Business Center on the Eastside
Advanced manufacturing tenant recommits to Eastside submarket as R&D and flex product outperforms broader Puget Sound industrial market NIC Global Manufacturing Solutions has...
Private Buyer Acquires 55,040 SQFT Five Oaks Executive Building in Hillsboro for $8.5MM
The Sunset Corridor office property trades at roughly $154 per square foot, a premium to metro-wide averages, as investors target Portland’s low-vacancy suburban...
Portland General Electric Acquires 127,418 SQFT at Mohawk Business Park in Tualatin for $14.5MM
Oregon’s largest utility purchases a portion of the suburban office campus at roughly $114 per square foot as the Tualatin submarket posts a...
Altera Signs 30,000 SQFT Office Lease at The Park at Amberglen in Hillsboro
The newly independent FPGA manufacturer expands its Portland-area footprint in the Sunset Corridor, one of the metro’s tightest suburban office submarkets Altera, the...
Washington Becomes Second State to Ban Exclusive Residential Listing Practices With Near-Unanimous Legislative Vote
Governor Ferguson signs SB 6091 into law, mandating that brokers market residential properties to the general public alongside any private marketing efforts, as...
Portland Retail Vacancy Hits 4.8% as Rents Rise and Leasing Activity Persists in Q1 2026
New data from Kidder Mathews shows rising rents and steady leasing demand even as vacancy edges higher and absorption turns negative Retail conditions...
Portland Industrial Market Hits 6.5% Vacancy, Posts -872,000 SQFT Absorption in Q1 2026
Leasing activity remains steady at 2.5 million SQFT, but rising availability and continued supply deliveries keep pressure on rents and occupancy The Portland...
R+L Carriers Acquires 24-Acre Freight Terminal in North Portland for $40.5MM
The Ohio-based carrier paid approximately $396 per square foot for the 24-acre distribution facility at 6845 N. Cutter Circle, more than tripling the...
Portland Office Market Stabilizes at 15.2% Vacancy With 217,000 SQFT Absorption in Q1 2026
Leasing slows but investment activity rises more than 70% year-over-year as tenants begin to re-engage in smaller, high-quality spaces Portland’s office market entered...
Private Buyer Acquires 55,040 SQFT Five Oaks Executive Building in Hillsboro for $8.5MM
The Sunset Corridor office property trades at roughly $154 per square foot, a premium to metro-wide averages, as investors target Portland’s low-vacancy suburban...
Portland General Electric Acquires 127,418 SQFT at Mohawk Business Park in Tualatin for $14.5MM
Oregon’s largest utility purchases a portion of the suburban office campus at roughly $114 per square foot as the Tualatin submarket posts a...
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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 ReadingPortland Retail Vacancy Hits 4.8% as Rents Rise and Leasing Activity Persists in Q1 2026
New data from Kidder Mathews shows rising rents and steady leasing demand even as vacancy edges higher and absorption turns negative Retail conditions...
North American Life Sciences Sector Grapples With Supply Glut as 55% of Recent Lab Deliveries Sit Vacant
A pandemic-era construction wave has collided with cooling demand, leaving nearly 60 million square feet of new lab space struggling to find tenants...
Downtown Seattle Posts 720,000 SQFT of Office Leasing in Q1 2026 as Non-Tech Tenants Drive Demand Diversification
Law firms, professional services giants, and an automaker are reshaping downtown’s tenant mix even as the submarket contends with the region’s highest vacancy...
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...
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,...
Mobis Parts America Renews and Expands to 181,000 SQFT at Sumner Corporate Park-Cascade Building
Hyundai Motor Group’s parts distribution affiliate extends its Puget Sound footprint with a renewal and expansion in the Sumner industrial corridor Mobis Parts...
Pacific Pride Distribution Signs 123,000 SQFT Lease at Starlite Distribution Center in Lakewood
Fuel card network operator takes new space through a sublease arrangement at the Class A industrial facility on South Tacoma Way Pacific Pride...
HD Supply Facilities Maintenance Renews 434,000 SQFT Lease at Pacific Gateway Business Park in Kent
MRO distributor commits to the quarter’s largest lease transaction in the Puget Sound industrial market, reinforcing Kent Valley’s dominance in regional leasing activity...
Five Large-Scale Data Centers Proposed in Seattle With Combined 369 MW Demand, Forcing Utility to Rewrite Large-Load Contracts
Seattle City Light will require the facilities to source their own power and fund infrastructure upgrades, as the proposals would consume nearly 10...
Uber More Than Doubles Puget Sound Presence with 170,000 SQFT Lease at Four106 in Bellevue
Ride-hailing giant commits to one of the largest office deals in downtown Bellevue in recent years, bringing its total regional footprint to more...
Cooper Tire Renews 264,000 SQFT Lease at Prologis Park Sumner – White River Building in Kent Valley
Goodyear subsidiary’s Pacific Northwest distribution hub recommits to Sumner industrial corridor, marking Q1 2026’s third-largest lease transaction in the Puget Sound market Cooper...
Lake Washington School District Breaks Ground on Emerson Campus Rebuild in Kirkland
The voter-approved 2022 Building Excellence Capital Construction Levy funds the project, which will create a 345-student facility slated to open in Fall 2027....
Electrify America Targets Western Washington Retail Properties for Large-Format EV Charging Expansion
The Volkswagen-backed charging network has retained First Western Properties to identify high-visibility commercial sites across the Puget Sound region and beyond. Electrify America,...
