Lincoln Property Company Lists 124,800 SQFT Fremont Place I & II Waterfront Office Complex in Portland
The fully vacant two-building campus on 5.1 acres along the Willamette River in the Pearl District is being offered for investment, owner-user, adaptive...
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...
Redmond Office Vacancy Plunges From 20.8% to 6.4% in Q1 2026 in Sharpest Single-Quarter Drop Across Puget Sound
The dramatic 1,440-basis-point contraction reflects renewed commitment from major technology tenants along the Willows Road corridor and positions Redmond as one of the...
General Motors Signs 43,000 SQFT Lease at Kilroy Realty’s West 8th Tower in Seattle’s Denny Regrade
The automaker’s new lease adds to 74,000 square feet of recent commitments at the renovated office tower, joining law firm Foster Garvey in...
Dell EMC Reverses Course With 46,000 SQFT Renewal at King Street Crossing in Downtown Seattle
The technology company’s renewal follows its decision to shed 43,000 square feet in 2024, signaling renewed confidence in maintaining a Seattle presence amid...
PwC Renews 47,000 SQFT Office Lease at US Bank Center in Downtown Seattle
The professional services giant’s renewal at one of Seattle’s premier Class A towers adds stability to a downtown submarket still contending with 35.1...
Meta Renews 146,000 SQFT Lease at Willow Creek Corporate Center in Redmond as Eastside Vacancy Tightens
The social media and technology giant recommits to its long-held Willows Road campus as Redmond’s vacancy rate plummets from 20.8 percent to 6.4...
Providence Signs 260,000 SQFT Lease at Longacres Campus in Renton, Marking Q1 2026’s Largest Puget Sound Office Deal
The healthcare system’s new lease at the Class A medical office campus on the former Boeing property anchors the Southend submarket’s positive absorption...
Puget Sound Industrial Market Faces Mounting Headwinds as Vacancy Climbs to 9.3% in Q1 2026
Trade disruptions, declining port volumes, and cautious occupier demand are weighing on the region’s industrial fundamentals, though pockets of strength in Pierce County...
Puget Sound Developers Advance Office Projects Through Permitting and Demolition as Construction Pipeline Sits Empty for First Time in Over a Decade
With zero square feet under construction and no deliveries in Q1 2026, early-stage development signals suggest the region’s next building cycle is being...
Charles Schwab to Close Downtown Portland Branch in June
The financial services firm is repositioning its Portland footprint, moving 20 employees out of Park Avenue West as the downtown core continues to...
Puget Sound Apartment Market Hits $6 Billion in Transaction Volume as Institutional Investors Return to the Region
The Simon | Anderson Multifamily Team at Kidder Mathews delivered its spring market outlook at its 26th investor forum, citing a surge in...
Lincoln Property Company Lists 124,800 SQFT Fremont Place I & II Waterfront Office Complex in Portland
The fully vacant two-building campus on 5.1 acres along the Willamette River in the Pearl District is being offered for investment, owner-user, adaptive...
Charles Schwab to Close Downtown Portland Branch in June
The financial services firm is repositioning its Portland footprint, moving 20 employees out of Park Avenue West as the downtown core continues to...
Panattoni Buys 32 Acres in North Bend for $9MM for Construction of 357,000 SQFT Mount Si Industrial Center
The Irvine, Calif.-based industrial developer acquired an entitled 32-acre site next to Nintendo’s distribution center for a three-building logistics campus, extending its footprint...
214,000 SQFT Trellis West Advanced Manufacturing Campus Hits the Market in Hillsboro’s Sunset Corridor
The four-building Silicon Forest property is 85 percent leased with a 5.1-year weighted average lease term and roughly 39 percent investment-grade credit tenancy...
Kaiser Permanente Announces Groundbreaking on New 615,000 SQFT Hospital Tower at Sunnyside Medical Center in Clackamas, Ore.
The event celebrated the scheduled construction of Oregon’s first fully electric and sustainable hospital. Kaiser Permanente hosted a celebration to mark the start of construction...
Lower Immigration, Cautious Consumers and Shifting Migration Patterns Reshape US Housing Outlook for 2026
John Burns Research and Consulting finds that capturing housing demand now requires surgical precision as demographic tailwinds weaken and buyer sentiment sours to...
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 ReadingDowntown 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...
Seattle Completes $5.2MM Bell Street Project, Closing Final Chapter of $1.2 Billion Waterfront Transformation
Two-way protected bike lane, widened sidewalks and a restored 1950s-era Alaskan Way Viaduct sign bridge now link Belltown to the city’s 20-acre Waterfront...
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...
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,...
Family-Owned 21,600 SQFT Denny Triangle Development Site in Seattle Trades for $32.4MM in Equity Deal
The half-acre parcel in Seattle carries a master use permit for an 11-story, 305,000-square-foot life-science and office project designed by Perkins+Will for Trammell...
Church of Jesus Christ of Latter-day Saints Sells 3.88-Acre Bellevue Site Slated for 15-Lot Travara Subdivision for $16.5MM
A 3.88-acre parcel on Northup Way will be cleared to make way for single-family housing under a planned unit development filed with the...
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...
Kirkland Pushes Sound Transit to Preserve Line 4 Light Rail Amid $34.5 Billion Funding Shortfall
The Eastside city warns that an indefinite deferral of the voter-approved project would leave significant mobility needs unmet for decades. The City of...
Panattoni Buys 32 Acres in North Bend for $9MM for Construction of 357,000 SQFT Mount Si Industrial Center
The Irvine, Calif.-based industrial developer acquired an entitled 32-acre site next to Nintendo’s distribution center for a three-building logistics campus, extending its footprint...
Outrig Storage Buys 4.8-Acre Vehicle Storage Property in Renton for $7.5MM
The Chicago-based operator acquired East Valley RV, Boat & Car Storage as its first location in Washington, signaling broader regional expansion plans Chicago-based...
214,000 SQFT Trellis West Advanced Manufacturing Campus Hits the Market in Hillsboro’s Sunset Corridor
The four-building Silicon Forest property is 85 percent leased with a 5.1-year weighted average lease term and roughly 39 percent investment-grade credit tenancy...
Goldman Sachs Backs Onni Group’s 478-Unit South Lake Union Tower with $200MM Construction Loan
The financing fuels vertical construction of one of Seattle’s largest residential developments currently underway, reinforcing confidence in the city’s multifamily sector despite tight...
