Active Puget Sound Industrial Buyer EQT Adds Stockbridge in Deal Worth Up to $550MM
EQT AB, whose real estate arm has steadily accumulated industrial assets from Tukwila to Everett, has agreed to buy San Francisco-based manager Stockbridge...
Portland State Opens $90MM, 98,000 SQFT Mass Timber Art Building on South Park Blocks
Portland State University has opened the $90 million home of its Schnitzer School of Art + Art History + Design, a 98,000-square-foot mass...
CenterPoint Leases 4.16-Acre Rail-Served Port of Tacoma Yard on Marc Avenue as SR 167 Opens Nearby
CenterPoint Properties has leased its 4.16-acre, rail-served outdoor storage yard at 2021 Marc Ave. in the Port of Tacoma, filling a repositioned site...
Seattle NIH Funding Slips to $1.2B as Federal Budget Fights Test Research Lab Landlords
National Institutes of Health funding to Seattle-area researchers slipped to $1.2 billion in the fiscal year that ended Sept. 30, part of a...
Former Ziba Design Headquarters at 810 NW Marshall in Portland’s Pearl District Sells to Owner-User
The former Ziba Design headquarters at 810 NW Marshall in Portland's Pearl District sells to an owner-user after a lender-directed sale process.
Seattle Proposes 10.7% Permit Fee Hike, Third Straight Year of Above-Inflation Increases
Mayor Katie Wilson's 2027-2028 budget would stack a 7 percent increase on Seattle building and land use permit fees atop a 3.7 percent...
Inland Group Files Plans for 170-Unit Affinity at Bremerton Active Adult Community on 7.9-Acre Kitsap Site
Spokane-based Inland Group has filed site plans with Kitsap County for Affinity at Bremerton, a 170-unit rental community for residents 55 and older...
Space and Defense Tenants Absorb 697,000 SQFT as South Sound Industrial Vacancy Holds at 9.8%
Lee & Associates' September 2026 South Sound industrial report shows vacancy holding at 9.8 percent and rents edging higher as aerospace and defense...
Eastside Office Vacancy Climbs to 22.4%, but 755,000 SQFT of Signed Bellevue Leases Wait in the Wings
Broderick Group's third-quarter data shows the Eastside shed 292,618 square feet of occupied office space and pushed vacancy to 22.4 percent, but a...
Aerospace and Defense Tenants Take 788,000 SQFT as Space Economy Fills Puget Sound Industrial Space
Shield AI, Cowboy Space and an unnamed aerospace company together committed to roughly 788,000 square feet of Puget Sound industrial space in the...
Propet Footwear Renews 162,000 SQFT Lease on Auburn’s West Valley Highway as District Sheds 110,000 SQFT
Propet Footwear renewed its 162,000-square-foot lease at 2415 West Valley Hwy N in Auburn during the third quarter, keeping one of the region's...
Mayor Wilson’s $9.1B Seattle Budget Spares Employers a JumpStart Hike, Tightens the Screws on Apartment Fees
Mayor Katie B. Wilson's first proposed budget closes an inherited $175 million General Fund gap through spending cuts rather than a JumpStart payroll...
Active Puget Sound Industrial Buyer EQT Adds Stockbridge in Deal Worth Up to $550MM
EQT AB, whose real estate arm has steadily accumulated industrial assets from Tukwila to Everett, has agreed to buy San Francisco-based manager Stockbridge...
Portland State Opens $90MM, 98,000 SQFT Mass Timber Art Building on South Park Blocks
Portland State University has opened the $90 million home of its Schnitzer School of Art + Art History + Design, a 98,000-square-foot mass...
Former Ziba Design Headquarters at 810 NW Marshall in Portland’s Pearl District Sells to Owner-User
The former Ziba Design headquarters at 810 NW Marshall in Portland's Pearl District sells to an owner-user after a lender-directed sale process.
Rise Properties Sells 178-Unit 10th @ Hoyt in Portland’s Pearl District for $40.4MM
A California family office has bought a 2004 Pearl District apartment building from Rise Properties for about $227,000 per unit, roughly 46 percent...
Vesta Hospitality Refinances 150-Key AC Hotel Vancouver Waterfront
Vesta Hospitality has lined up new debt on the 150-key AC Hotel Vancouver Waterfront, the property that opened the Port of Vancouver USA's...
Ivanov Investment Group Buys 51,000 SQFT Woodburn Manufacturing Facility With 3-Acre Yard for $7.15MM
Ivanov Investment Group paid $7.15MM for a 51,274-square-foot manufacturing building with a 3-acre yard on 4.81 acres in Woodburn, Ore.
Seattle NIH Funding Slips to $1.2B as Federal Budget Fights Test Research Lab Landlords
National Institutes of Health funding to Seattle-area researchers slipped to $1.2 billion in the fiscal year that ended Sept. 30, part of a...
Eastside’s 14.7MM SQFT Office Pipeline Still Has Zero Pre-Leasing as Supply Freeze Props Up Bellevue Recovery
Broderick Group's third-quarter report still counts roughly 14.7 million square feet of proposed office development across the Eastside, none of it pre-leased, and...
Mayor Wilson Puts Kidder Mathews, Amazon and Port of Seattle on Task Force as Downtown Office Vacancy Hovers Near 35%
Seattle Mayor Katie Wilson has named 18 business, labor and civic leaders, from Kidder Mathews Chairman Bill Frame to Port of Seattle President...
Dinked: Have We Hit Peak Pickleball?
The Picklr’s Chapter 11 filing, driven by lease guarantees on roughly 40 franchise locations, may be the first sign that indoor pickleball’s real...
The First Footprints in the Snow
AI's hit to jobs looks like a rounding error—until you see who's in the oven: gutted call centers and vanishing entry-level work. Narrow...
McNellis: Economists vs. Flipping Coins
Economist: {noun}: someone good with numbers but without enough personality to be an accountant.
McNellis: One House, One Spouse — A Guide to CRE Wealth Preservation
Why razor-thin overhead and the 'one house, one spouse' rule are the keys to preserving wealth in real estate and in life.
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...
KBS Sells 107,000 SQFT Offices at Riverpark in Downtown Redmond to Palisade Group, Olive Point Joint Venture
A Class A office building a short walk from downtown Redmond’s new light rail station has changed hands. It is the latest test...
Skanska’s Mass-Timber Bevel Advances Through Design Review as 2.7MM SQFT of Bellevue Office Lines Up for Permits
Skanska's 12-story mass-timber Bevel office tower in downtown Bellevue moved through design review in the third quarter, according to CBRE, one of four...
Holman Distribution Center Commits to 428,000 SQFT at Sumner Central as Sumner Leads Puget Sound Industrial Absorption
Logistics operator Holman Distribution Center took on 245,000 more square feet and renewed another 183,000 square feet at Sumner Central in the third...
Downtown Seattle Office Absorbs 300,000 SQFT, Its First Positive Quarter Since 2021
Downtown Seattle's office market absorbed 300,000 square feet in the third quarter of 2026, its first positive quarter in five years, as law...
Rise Properties Sells 178-Unit 10th @ Hoyt in Portland’s Pearl District for $40.4MM
A California family office has bought a 2004 Pearl District apartment building from Rise Properties for about $227,000 per unit, roughly 46 percent...
Rosen Harbottle Affiliate Buys 38,000 SQFT Central Park Industrial Property in Seattle’s Georgetown for $16.5MM
A Rosen Harbottle-linked buyer paid $16.5MM for Central Park, a fully leased two-building industrial property in Seattle’s Georgetown.
Cadence Real Estate Acquires 132-Unit The Court at Northgate in Seattle for $29MM
Seattle value-add investor Cadence Real Estate has bought a 1978 apartment complex a short walk from the Northgate Link light rail station for...
Greystar Opens 289-Unit The Views at Angle Lake Next to SeaTac Light Rail Station
Greystar has opened its 289-unit apartment complex across from the Angle Lake light rail station, finishing on roughly the schedule it set at...
