Bellevue Launches Sweeping 2026-2027 Land Use Workplan Targeting Thousands of New Housing Units
The City’s joint planning initiative spans more than 30 projects across zoning reform, neighborhood planning, and state mandate compliance as Bellevue pursues growth...
Puget Sound Eastside Industrial Vacancy Climbs to 7.4% as Absorption Turns Negative in 2025
Rising vacancy, limited construction, and a shift toward smaller deals defined the Eastside industrial market in the fourth quarter The Puget Sound Eastside...
48,000 Overlake Office Building in Redmond Sells for $20.8MM
Office property trades between Redmond- and Bellevue-based entities as local investment activity continues Office investment activity in Redmond continues to generate steady deal...
Intrinsic Ventures Lists 46,800 SQFT Dairy Building for $5MM in Portland’s Central Eastside
The adaptive reuse industrial and creative maker asset on 2.5 acres offers investors leasehold interest with redevelopment upside A gut-renovated industrial building in...
Existing Home Sales Drop 8.4% to 3.91MM in January as Mortgage Rates Hover Near 6.1%
Wells Fargo Economics says weather disruptions and lingering affordability pressures restrained early-year activity Housing market momentum cooled to start the year, as a...
Fairfax Financial and CEO McMorrow to Take Kennedy Wilson Private in $1.65 Billion All-Cash Deal
The Beverly Hills-based real estate investment firm will delist from the NYSE after a management-led buyout backed by its longtime Canadian insurance partner....
Oregon’s Bipartisan JOBS Act Targets Semiconductor and Advanced Manufacturing Growth With Expanded Tax Credits, 373 Acres of Industrial Land
Senate Bill 1586 would double biennial R&D credit caps, extend eligibility to biotech and clean energy firms, and bring Washington County land into...
Younger Firms and Younger CEOs Are Driving the Future of Remote Work, New Study Finds
A national survey of U.S. workers reveals that firm age — not just industry or occupation — is among the strongest predictors of...
Mortenson Development Selected to Acquire and Develop Naden Avenue Site in Kent for Future Manufacturing Campus
Public–private partnership with City of Kent aims to create modern campus in the Kent Valley for the specialized manufacturing economy (Editor’s Note: According...
Tacoma Arts Live to Sell Historic 61,000 SQFT Tacoma Armory as 47-Year-Old Nonprofit Winds Down
Post-pandemic ticket revenue shortfall and $3 million debt burden force closure of South Sound cultural anchor; board seeks listing agent by end of...
Ryan Companies Acquires 76,000 SQFT Office Building in Seattle for $13MM with Plans for 199-Unit Apartment Complex
Court-ordered sale of 425 Pontius marks a 67 percent loss from 2022 purchase price as Swift Real Estate Partners exits failed value-add play...
SMPS Pacific Regional Conference (PRC) in SeattleMarch 18–20, 2026: Hands-on Workshops, Single-Day Ticket, and Social Event Tickets Available
SEATTLE, Wash. — The Society for Marketing Professional Services 16th Annual Pacific Regional Conference (SMPS PRC) is taking place March 18–20, 2026, at...
Intrinsic Ventures Lists 46,800 SQFT Dairy Building for $5MM in Portland’s Central Eastside
The adaptive reuse industrial and creative maker asset on 2.5 acres offers investors leasehold interest with redevelopment upside A gut-renovated industrial building in...
Oregon’s Bipartisan JOBS Act Targets Semiconductor and Advanced Manufacturing Growth With Expanded Tax Credits, 373 Acres of Industrial Land
Senate Bill 1586 would double biennial R&D credit caps, extend eligibility to biotech and clean energy firms, and bring Washington County land into...
Oregon’s Economy Surges Past National Growth Rate at 4.7% in Q3 2025
The Beaver State narrows its gap with national GDP growth as Portland’s tri-county metro area accounts for more than half of the state’s...
Vancouver Amends Waterfront Gateway Agreement with Lincoln Property, Increases Affordable Housing and Drops Office Component
The City of Vancouver and Lincoln pivot the multiphase City Center project in response to weak office demand and rising construction costs, committing...
Amazon Outbids Washington Utility to Acquire 1.2 GW Sunstone Solar Project for $83MM in Oregon
Tech giant’s direct ownership of one of the nation’s largest solar-plus-storage sites signals a new era of competition between Big Tech and public...
Oregon Job Vacancies Drop to 46,300 as Wages Decline and Labor Market Cools
The state’s unemployed-to-vacancy ratio climbed to 2.4, continuing a steady rise since the post-pandemic expansion period Oregon’s labor market showed further signs of...
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...
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Bellevue Launches Sweeping 2026-2027 Land Use Workplan Targeting Thousands of New Housing Units
The City’s joint planning initiative spans more than 30 projects across zoning reform, neighborhood planning, and state mandate compliance as Bellevue pursues growth...
AI Fears Hammer Commercial Brokerage Stocks in Multi-Day Sell-Off
Analysts at Keefe, Bruyette & Woods argue the market rout overstates the immediate threat artificial intelligence poses to labor-intensive real estate advisory work,...
Q4 Employment Cost Index Rises 3.4%, Marking Slowest Compensation Growth Since 2021
Wells Fargo Economics says labor costs remain in a “Goldilocks zone” as wage pressures ease and benefit growth moderates As policymakers weigh the...
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...
Why CRE Experts Say the Looming $1.26 Trillion Debt Wall Can Be Scaled
By Kidder Mathews Roughly $1.26 trillion in commercial real estate loans are set to mature through 2027. Most originated in the mid-2010s, when rates averaged between...
How Does Humanity Fit into an AI World?
By Hans Hansson, President of Starboard CRE Reflections from a Real Estate Convention and Beyond Introduction: An Unexpected Encounter in Nashville Last week...
Downtown Seattle Office Vacancy Hits 35.6% in Q4 2025 as Net Absorption Stays Negative 2.3MSQFT
Cushman & Wakefield reports rents at $47.62 per square foot, $138 million in sales volume and a surge in renewals despite elevated vacancy...
U.S. Payrolls Rise 130,000 in January as Unemployment Falls to 4.3%
Wells Fargo Economics says stronger hiring and steady 3.7 percent wage growth bolster case for Federal Reserve to hold rates steady A year...
Bellevue’s $200MM GCX Pedestrian Bridge Over I-405 Secures Federal Funding, Eyes 2030 Opening
The 2,000-foot span will function as a linear park connecting downtown to the Wilburton neighborhood and the regional Eastrail system. A $2 million...
Link Logistics Sells 225,800 SQFT Industrial Property in Fife for $40.2MM
225,800-square-foot LogistiCenter at 167 traded at $178 per square foot An industrial property in Fife has traded hands, showing that investors continue to...
Meta Reverses Course on 212,000 SQFT Block 13 in Bellevue’s Spring District, Filing Permits for Full Buildout After Two Years Vacant
After leaving its ninth Spring District building in shell condition since 2024, the tech giant’s decision to occupy the $168.5MM tower signals a...
Invesco Acquires 187-Unit Harvest Gate Mobile Home Park for $27.4MM in Puyallup
The deal between two institutional heavyweights underscores continued investor appetite for manufactured housing communities in the Puget Sound region An entity affiliated with...
Q4 Employment Cost Index Rises 3.4%, Marking Slowest Compensation Growth Since 2021
Wells Fargo Economics says labor costs remain in a “Goldilocks zone” as wage pressures ease and benefit growth moderates As policymakers weigh the...
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....