Spear Street to Buy Seattle’s US Bank Center from Blackstone at $280MM, 54% Below 2019 Price
The pending recap of the 944,000-SQFT downtown tower marks one of the starkest writedowns yet on a Seattle trophy office, even as Bellevue...
Graystoke Capital Partners Lands 103-Unit Sutton Place Apartments in East Wenatchee for $31MM
The Mountain West-focused investor doubles down on Central Washington with its second Wenatchee-area acquisition in under two years. Graystoke Capital Partners has acquired...
Seattle Council Advances Upzone Package to Jumpstart Stalled Towers and Mass Timber Projects
The Housing Opportunities Program would lift heights in Belltown, exempt eco-friendly projects from design rules and shield qualifying buildings from SEPA appeals, with...
CoreWeave Incerases Downtown Bellevue Footprint to 36,000 SQFT, Extending the Eastside’s AI Boom
The Nvidia-backed cloud company expands at One Bellevue Center barely a year after planting its first Pacific Northwest flag, joining a wave of...
Puget Sound Office Market Notches First Positive Absorption in Four Years, Even as Layoffs Mount
Vacancy and availability declined simultaneously for the first time in the recovery cycle, but surging tech-sector cuts and a weakening labor market threaten...
Sound Transit Board Greenlights $34.5B ST3 Reset, Leaving Ballard Link in Limbo
A 16-2 vote prioritizes West Seattle and resurrects the Graham Street station, but the long-promised extension to Market Street remains unfunded as the...
373-Unit Bremerton Landing Development Site Across 7 Acres in Kitsap County Hits Market for $9MM
The four-parcel Puget Sound assemblage offers shovel-ready entitlements for 82 units and a proposed 291-unit Phase 2, with potential Opportunity Zone designation looming...
SRM and Urban League Cut Ribbon on 207-Home Altaire at Jackson Park in North Seattle
The North Seattle community, backed by Amazon, the Washington State Housing Finance Commission and the Seattle Office of Housing, targets workforce renters earning...
Tarragon Doubles Down on Puyallup With 137-Home Phase II at Uplands, Backed by Lennar and Century Communities
The Seattle developer is using national buyer research to reshape its product mix at the 320-acre master-planned community as it courts builders and...
Sana’a Cafe Lands in Tacoma as Yemeni Coffee Chains Take Aim at Starbucks’ Home Turf
The Hayward, Calif.-based chain’s South Tacoma store is its only Pacific Northwest outpost — for now. With Haraz lining up Capitol Hill, Qamaria...
Terex to Vacate 190,000 SQFT North Bend Plant, Lay Off 117 as Genie Exit Looms
An equipment maker’s consolidation into Redmond and the Southeast frees up a major Snoqualmie Valley industrial complex even as a hot North Bend...
PMF Investments Lists 2.86-Acre Redmond Inn Assemblage as Mixed-Use Redevelopment Play Near Microsoft
The Bellevue investor, which paid $20.2 million for the 137-room hotel and adjacent Family Pancake House two years ago, has tapped Newmark to...
Newmark Folds Oregon Capital Markets Team Into Bay Area Platform to Channel California Investor Flow
The realignment positions James Childress and Kellen Kollmorgen alongside Steven Golubchik as Portland courts Bay Area institutional buyers chasing yield in secondary markets....
Central City Concern Acquires 160,000 SQFT Everett Building in Portland Old Town for $11MM
Nonprofit’s purchase of former NWEA headquarters lands at 77 percent below the property’s 2015 trade, marking the latest fire-sale benchmark for downtown Portland...
Portland Posts Nation’s Second-Worst Metro Construction Loss as Oregon Sheds 1,900 Jobs
The Portland-Vancouver-Hillsboro metro lost 4,900 construction jobs over the year ending March, ranking 359th of 360 U.S. metros in absolute losses and trailing...
Portland Hotels Limp Into 2026 as Downtown Distress Collides With Suburban Strength
National hotel performance is finally turning the corner, but Portland’s recovery remains stuck in the slow lane as international travel falters and downtown...
New Blueprint, Rabina Land $75MM Loan to Launch 250-Unit First Phase at Former HP Campus in Vancouver
Six-year transformation of 180-acre Vancouver Innovation Center pivots from office park renovation to ground-up residential, with another 1,000 units in the pipeline. After...
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.,...
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 ReadingSeattle Council Advances Upzone Package to Jumpstart Stalled Towers and Mass Timber Projects
The Housing Opportunities Program would lift heights in Belltown, exempt eco-friendly projects from design rules and shield qualifying buildings from SEPA appeals, with...
JP Morgan Pulls Plug on $1.4B Core-Plus Real Estate Fund, Putting Seattle Office Towers Back in Spotlight
The 24-year-old US Real Estate Income and Growth vehicle leaves behind a Denny Triangle footprint that once anchored the West Coast’s biggest office...
Portland Posts Nation’s Second-Worst Metro Construction Loss as Oregon Sheds 1,900 Jobs
The Portland-Vancouver-Hillsboro metro lost 4,900 construction jobs over the year ending March, ranking 359th of 360 U.S. metros in absolute losses and trailing...
A Shot in the (Life Science) Arm for Puget Sound
Eli Lilly’s $1.5 billion cash deal for Bothell-based Curevo Vaccine is the kind of validating, capital-attracting exit Puget Sound’s life sciences cluster has...
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)...
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...
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...
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...
Eight-Story “The Hostess” Banner Lands on 9th & Thomas in Seattle’s South Lake Union Ahead of World Cup
The 36-by-111-foot work by Seattle artist Ernesto Ybarra marks the fifth large-scale banner installed on the Olson Kundig-designed building’s east façade since the...
City of Seattle Clears Design for 170-Unit Woodland Park Apartments Wrapping Fremont Landmark
Bellevue-based Pollard Entities and Redmond-based Legacy Partners win design approval for a project that preserves the historic Shannon & Wilson Building while adding...
Madison Development Group Sells Land Parcel Adjacent to Shops at Richmond Village in Shoreline for $8MM
A Denver-based entity tied to Clarion Partners has acquired the neighborhood center, betting on grocery-anchored stability in a softening Seattle retail market A...
Realty Income Buys 453,000 SQFT, Three-Parcel Warehouse Portfolio in Kent for $98MM
The net-lease REIT doubles down on the Puget Sound’s core distribution hub even as regional industrial vacancy climbs to a multi-year high. A...
$23.6MM DoubleTree Suites Loan Near Seattle Airport Lands in Special Servicing as CMBS Maturity Wall Crashes Hotels
The 219-suite DoubleTree Suites Seattle Airport-Southcenter was transferred to special servicing on May 26, the latest 2016-vintage hotel mortgage to fail a refinancing...
MHR Capital Group Doubles Down on Kennewick with 436-Unit, 642,000 SQFT Residential Phase
The District Residences would layer urban-density housing onto a federally designated Opportunity Zone already anchored by a $47MM AC Hotel by Marriott and...
Seattle Mayor Wilson, King County Executive Zahilay Push to Secure Graham Street Station in ST3 Plan
Seattle and King County leaders are betting a last-minute funding amendment can end 27 years of broken promises for a Rainier Valley transit...
A Shot in the (Life Science) Arm for Puget Sound
Eli Lilly’s $1.5 billion cash deal for Bothell-based Curevo Vaccine is the kind of validating, capital-attracting exit Puget Sound’s life sciences cluster has...