DSV Builds 750,000 SQFT Semiconductor Logistics Hub in Hillsboro, the Portland Market’s Tightest Submarket
DSV's 750,000-square-foot owner-occupied hub in Hillsboro is the only one of the Portland market's five largest industrial projects that does not need to...
Panattoni Readies 583,000 SQFT Mt. Vista Logistics in Vancouver as Orchards Availability Sits at 19.5%
Panattoni is finishing one of the largest speculative warehouses in Clark County just as the Washington side of the river becomes the Portland...
KBS Sells 107,000 SQFT Offices at Riverpark in Downtown Redmond to Palisade Group, Olive Point Joint Venture for $27.5MM
A Class A office building a short walk from downtown Redmond’s new light rail station has changed hands. It is the latest test...
Builders and Funds Sell $320MM of Portland Apartments in Q3 as Per-Unit Prices Rise 11.9% Despite Higher Cap Rates
Five Portland-area apartment communities totaling 1,302 units traded for nearly $320 million in the third quarter, as builders and institutional funds sold to...
MG Properties Acquires 188-Unit Tupelo Alley From Holland Partner Group for $57.2MM in North Portland
Priced 54 percent above the metro's average per-unit sale, the deal shows a national buyer paying a steep premium for walkable inner-Portland product...
PCC Structurals and Arnprior Aerospace Take 238,000 SQFT in Portland as Manufacturing Jobs Fall 4%
Three aerospace leases totaling 238,358 square feet made up more than 15 percent of Portland's third-quarter industrial leasing, even as the metro's manufacturing...
Canby’s 348,000 SQFT Baker Center Is the OLCC’s Spirits Warehouse, Built on $40.8MM Land Bought From Trammell Crow
Kidder Mathews lists Baker Center, a 347,645-square-foot project in Canby, as a Trammell Crow development, but public records show Trammell Crow sold the...
AI Demand Steadies Puget Sound Office Market as Vacancy Settles at 23.3%
Kidder Mathews' third-quarter 2026 report shows the Puget Sound office market logging 113,000 square feet of positive net absorption on the strength of...
K&L Gates Renews 99,000 SQFT at Seattle’s Fourth & Madison as Downtown Renewals Quadruple
K&L Gates, the firm behind Seattle's oldest law office, renewed 98,544 square feet at the 40-story Fourth & Madison tower in the third...
Amazon Leases 91,000 SQFT Everett Commerce Center Building
Amazon has returned to an Everett warehouse it left two years ago. Permit filings suggest the space will serve the company's satellite internet...
Active Puget Sound Industrial Buyer EQT Adds Stockbridge in Deal Worth Up to $550MM
EQT AB, whose real estate arm has steadily accumulated industrial assets from Tukwila to Everett, has agreed to buy San Francisco-based manager Stockbridge...
Mayor Wilson’s $9.1B Seattle Budget Spares Employers a JumpStart Hike, Tightens the Screws on Apartment Fees
Mayor Katie B. Wilson's first proposed budget closes an inherited $175 million General Fund gap through spending cuts rather than a JumpStart payroll...
DSV Builds 750,000 SQFT Semiconductor Logistics Hub in Hillsboro, the Portland Market’s Tightest Submarket
DSV's 750,000-square-foot owner-occupied hub in Hillsboro is the only one of the Portland market's five largest industrial projects that does not need to...
Panattoni Readies 583,000 SQFT Mt. Vista Logistics in Vancouver as Orchards Availability Sits at 19.5%
Panattoni is finishing one of the largest speculative warehouses in Clark County just as the Washington side of the river becomes the Portland...
Builders and Funds Sell $320MM of Portland Apartments in Q3 as Per-Unit Prices Rise 11.9% Despite Higher Cap Rates
Five Portland-area apartment communities totaling 1,302 units traded for nearly $320 million in the third quarter, as builders and institutional funds sold to...
MG Properties Acquires 188-Unit Tupelo Alley From Holland Partner Group for $57.2MM in North Portland
Priced 54 percent above the metro's average per-unit sale, the deal shows a national buyer paying a steep premium for walkable inner-Portland product...
PCC Structurals and Arnprior Aerospace Take 238,000 SQFT in Portland as Manufacturing Jobs Fall 4%
Three aerospace leases totaling 238,358 square feet made up more than 15 percent of Portland's third-quarter industrial leasing, even as the metro's manufacturing...
Canby’s 348,000 SQFT Baker Center Is the OLCC’s Spirits Warehouse, Built on $40.8MM Land Bought From Trammell Crow
Kidder Mathews lists Baker Center, a 347,645-square-foot project in Canby, as a Trammell Crow development, but public records show Trammell Crow sold the...
AI Demand Steadies Puget Sound Office Market as Vacancy Settles at 23.3%
Kidder Mathews' third-quarter 2026 report shows the Puget Sound office market logging 113,000 square feet of positive net absorption on the strength of...
Businesses Now Carry 68% of Seattle’s $2.8B Tax Bill as City Sheds 24,000 Jobs, DSA-Chamber Study Finds
A new ECOnorthwest analysis commissioned by the Downtown Seattle Association and the Seattle Metropolitan Chamber of Commerce finds the city’s tax collections have...
Seattle Apartment Market ‘Treading Water’ as Deputy Mayor Calls JumpStart Tax a ‘Slush Fund’
At the Simon | Anderson Multifamily Team's fall investor forum, Kidder Mathews' Dylan Simon described a Puget Sound apartment market stuck between flat...
Dinked: Have We Hit Peak Pickleball?
The Picklr’s Chapter 11 filing, driven by lease guarantees on roughly 40 franchise locations, may be the first sign that indoor pickleball’s real...
The First Footprints in the Snow
AI's hit to jobs looks like a rounding error—until you see who's in the oven: gutted call centers and vanishing entry-level work. Narrow...
McNellis: Economists vs. Flipping Coins
Economist: {noun}: someone good with numbers but without enough personality to be an accountant.
McNellis: One House, One Spouse — A Guide to CRE Wealth Preservation
Why razor-thin overhead and the 'one house, one spouse' rule are the keys to preserving wealth in real estate and in life.
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...
Portland State Opens $90MM, 98,000 SQFT Mass Timber Art Building on South Park Blocks
Portland State University has opened the $90 million home of its Schnitzer School of Art + Art History + Design, a 98,000-square-foot mass...
CenterPoint Leases 4.16-Acre Rail-Served Port of Tacoma Yard on Marc Avenue as SR 167 Opens Nearby
CenterPoint Properties has leased its 4.16-acre, rail-served outdoor storage yard at 2021 Marc Ave. in the Port of Tacoma, filling a repositioned site...
Seattle NIH Funding Slips to $1.2B as Federal Budget Fights Test Research Lab Landlords
National Institutes of Health funding to Seattle-area researchers slipped to $1.2 billion in the fiscal year that ended Sept. 30, part of a...
Former Ziba Design Headquarters at 810 NW Marshall in Portland’s Pearl District Sells to Owner-User
The former Ziba Design headquarters at 810 NW Marshall in Portland's Pearl District sells to an owner-user after a lender-directed sale process.
Seattle Proposes 10.7% Permit Fee Hike, Third Straight Year of Above-Inflation Increases
Mayor Katie Wilson's 2027-2028 budget would stack a 7 percent increase on Seattle building and land use permit fees atop a 3.7 percent...
Inland Group Files Plans for 170-Unit Affinity at Bremerton Active Adult Community on 7.9-Acre Kitsap Site
Spokane-based Inland Group has filed site plans with Kitsap County for Affinity at Bremerton, a 170-unit rental community for residents 55 and older...
Space and Defense Tenants Absorb 697,000 SQFT as South Sound Industrial Vacancy Holds at 9.8%
Lee & Associates' September 2026 South Sound industrial report shows vacancy holding at 9.8 percent and rents edging higher as aerospace and defense...
Eastside Office Vacancy Climbs to 22.4%, but 755,000 SQFT of Signed Bellevue Leases Wait in the Wings
Broderick Group's third-quarter data shows the Eastside shed 292,618 square feet of occupied office space and pushed vacancy to 22.4 percent, but a...
