Amaterra Hospitality Group Buys 85-Key RiverPlace Hotel for $11MM in Portland
A Portland wine group best known for its West Hills tasting room has made an unusual leap into hospitality, buying one of the...
Pacific Northwest Ballet Leases 20,671 SQFT for New Peter Boal Center in Seattle’s SoDo
Seattle’s SoDo neighborhood, long defined by forklifts and freight, is about to make room for pliés and pirouettes, as Pacific Northwest Ballet leases...
Schrödinger Renews 17,000 SQFT at Downtown Portland’s One Main Place
A computational drug-discovery firm’s decision to stay put underscores CBRE’s read that science and tech tenants are anchoring the central city. Schrödinger, the...
Bellevue Moves to Rezone Bellevue College Campus With New Institutional District to Unlock Expansion
The City of Bellevue has launched a land use code amendment and legislative rezone that would create a first-of-its-kind Institutional land use district...
Puget Sound’s Industrial Construction Pipeline Craters 93% Even as Spec Deliveries Flood a 12.6% Vacancy Market
A cluster of large speculative projects delivered or broke ground across the Puget Sound in the second quarter even as developers slammed the...
Odom Corporation Pre-Leases 250,000 SQFT at Tarragon’s SeaPORT Logistics Center in Sumner, Consolidating Two Northwest Facilities
The Odom Corporation, the Bellevue-based beverage distributor, has pre-leased 250,000 square feet at Tarragon’s SeaPORT Logistics Center in Sumner, anchoring a newly delivered...
AT&T Weighs Exit From Bothell Campus, Eyes 250,000 SQFT in Bellevue
AT&T is quietly shopping for a new Eastside office home while weighing whether to abandon and sell the three-building Bothell campus it has...
Wright Runstad Files Design Review for 555 Units in Bellevue’s Spring District
A 2007-vintage master plan just added another 555 apartments, timed to Bellevue’s brand-new light rail line rather than the freeway. Wright Runstad &...
Proptech Firm OneApp Takes 16,000 SQFT at Portland’s Field Office
A technology-oriented tenant has committed to a full floor at one of Portland’s newest creative-office campuses, a signal that demand from software occupiers...
Prologis Data Center Starts Reach $2.1 Billion as Power Pipeline Climbs to 5.8 Gigawatts
Prologis is rapidly scaling two businesses born from its logistics platform — data centers and energy — with data center development already exceeding...
Asana Partners Markets 36,000 SQFT Capitol Hill Retail Pair for $17.49MM, Six Years After $15.33MM Assemblage
Charlotte-based Asana Partners has put two fully leased retail buildings in the heart of Seattle’s Pike/Pine corridor up for sale at a combined...
OpenAI, Uber Anchor 3.4MM SQFT Leasing Surge as Puget Sound Office Market Turns Corner in 2026
A wave of long-term commitments from artificial intelligence, software and professional-services tenants pushed Puget Sound office leasing up 62 percent in the first...
Amaterra Hospitality Group Buys 85-Key RiverPlace Hotel for $11MM in Portland
A Portland wine group best known for its West Hills tasting room has made an unusual leap into hospitality, buying one of the...
Schrödinger Renews 17,000 SQFT at Downtown Portland’s One Main Place
A computational drug-discovery firm’s decision to stay put underscores CBRE’s read that science and tech tenants are anchoring the central city. Schrödinger, the...
Proptech Firm OneApp Takes 16,000 SQFT at Portland’s Field Office
A technology-oriented tenant has committed to a full floor at one of Portland’s newest creative-office campuses, a signal that demand from software occupiers...
Metro Steers Record $26MM to 51 Portland-Area Parks Projects as Tigard Greenway Loses Out
The Metro Council approved its largest-ever round of parks and nature grants on Tuesday, distributing more than $26 million to 51 projects across...
Portland Targets 15 Nuisance Properties Carrying $1.49MM in Liens as Foreclosure Machine Restarts
Portland is moving to foreclose on 15 derelict commercial and residential properties saddled with nearly $1.5 million in unpaid code-enforcement liens, reviving a...
Fully Leased First Tech Credit Union, Medical Portfolio Hits Market for $9.21MM in Hillsboro
A credit union just made $28.7 billion stronger and a four-tenant medical building are testing investor appetite for suburban Hillsboro net lease at...
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 ReadingBellevue Moves to Rezone Bellevue College Campus With New Institutional District to Unlock Expansion
The City of Bellevue has launched a land use code amendment and legislative rezone that would create a first-of-its-kind Institutional land use district...
Bellevue Anchors Puget Sound Office Rebound as Regional Vacancy Climbs to 23.4% in Q2 2026
A widening split defined the Puget Sound office market in the second quarter of 2026, with Bellevue’s AI-fueled leasing surge and a thinning...
Seattle Study Weighs Removing SR 99 Through South Park, Freeing 100 Acres for Housing and Parks
A city-commissioned study lays out four futures for a roughly three-mile stretch of State Route 99 in Seattle’s South Park neighborhood, with the...
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...
The Art of the Quiet Exit, A Hudson Pacific Story
Hudson Pacific’s COO resigned with the usual boilerplate denial attached—but after a $572 million annual loss, a scrapped dividend and a stock down...
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...
Metro Steers Record $26MM to 51 Portland-Area Parks Projects as Tigard Greenway Loses Out
The Metro Council approved its largest-ever round of parks and nature grants on Tuesday, distributing more than $26 million to 51 projects across...
Portland Targets 15 Nuisance Properties Carrying $1.49MM in Liens as Foreclosure Machine Restarts
Portland is moving to foreclose on 15 derelict commercial and residential properties saddled with nearly $1.5 million in unpaid code-enforcement liens, reviving a...
SecureSpace Opens 63,000 SQFT, 655-Unit Self-Storage Facility in University Place, WA
SecureSpace Self Storage has planted its 17th flag in the Seattle metro with the opening of a rebranded, 655-unit facility in University Place,...
Daniels, STROM Group Plan $40MM Nordic Wellness Destination at Kenmore’s Lodge at St. Edward Park
Daniels Real Estate has enlisted Quebec’s STROM Group to convert a long-dormant pool building and meeting rooms at the historic Lodge at St....
Two SeaTac Development Sites Listed for $7.6MM With 200-Unit Multifamily Potential Near the Airport
Kidder Mathews is marketing a pair of adjacent SeaTac parcels totaling roughly 1.3 acres that could support more than 200 residential units, positioning...
Extra Space Storage Buys 144,000 SQFT Self-Storage Facility in Puyallup for $18.4MM
Extra Space Storage’s wholly owned Puyallup purchase stands out against a year defined by joint-venture deal-making. The nation’s largest self-storage operator has added...
Fully Leased First Tech Credit Union, Medical Portfolio Hits Market for $9.21MM in Hillsboro
A credit union just made $28.7 billion stronger and a four-tenant medical building are testing investor appetite for suburban Hillsboro net lease at...
Graystoke Capital Doubles Down on Central Washington with $31MM Buy of 103-Unit Sutton Place in East Wenatchee
Graystoke Capital Partners has acquired the 103-unit Sutton Place Apartments in East Wenatchee for $31 million, deepening the Mountain West investor’s push into...
