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...
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...
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...
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...
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...
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...
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...
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 Power Grid Hurtles Toward 9 GW Shortfall by 2030 as Load Growth Outpaces New Builds
E3 study commissioned by 22 regional utilities warns that data centers, electrification and coal retirements are colliding with institutional barriers that have stalled...
Capstone Partners Plans $130MM, 950,000 SQFT Industrial Park at Portland International Airport
PDX West Logistics seeks Port of Portland approval for a 50-year ground lease on 52.7 acres to develop speculative distribution and logistics space...
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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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...
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...
Pacific Northwest Power Grid Hurtles Toward 9 GW Shortfall by 2030 as Load Growth Outpaces New Builds
E3 study commissioned by 22 regional utilities warns that data centers, electrification and coal retirements are colliding with institutional barriers that have stalled...
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...
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...
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...
Snelling Lands 104,000 SQFT Farm Specialty Property in Warden for $5.5MM
The single-tenant agricultural asset traded at $53.38 per square foot, a rare large-format deal in Grant County’s farm-driven economy. A 103,875-square-foot farm specialty...
TMR Investments Acquires 91-Unit VIVE Apartments in Seattle’s Ballard Neighborhood for $24.5MM
91-unit multifamily community expands firm’s growing Ballard portfolio and reinforces long-term investment strategy in high-performing urban submarkets (Editor’s Note: According to King County...
Bellevue Pushes Road Safety Audits onto Five More High-Risk Corridors in 2026 Vision Zero Sprint
The city is leveraging $7.1MM in council funding and federal SS4A dollars to convert 13.7 miles of its deadliest streets into quick-build safety...
Vale Matcha & Coffee Leases 36,000 SQFT of Production Space Steps From Seattle’s New Judkins Park Light Rail Station
Building owner Jeff Schoenfeld backfilled the Central District space inside of a week after Atomo Coffee announced its consolidation to California, in a...
Seattle-Tacoma Industrial Vacancy Heads to Record 10.4% as Import Slowdown Tests the Gateway
A fading construction pipeline offers little near-term relief as softer port traffic and tenant consolidations push the region into the bottom tier of...
