Mortenson Development Selected to Acquire and Develop Naden Avenue Site in Kent for Future Manufacturing Campus
Public–private partnership with City of Kent aims to create modern campus in the Kent Valley for the specialized manufacturing economy KENT, Wash. –...
Tacoma Arts Live to Sell Historic 61,000 SQFT Tacoma Armory as 47-Year-Old Nonprofit Winds Down
Post-pandemic ticket revenue shortfall and $3 million debt burden force closure of South Sound cultural anchor; board seeks listing agent by end of...
Ryan Companies Acquires 76,000 SQFT Office Building in Seattle for $13MM with Plans for 199-Unit Apartment Complex
Court-ordered sale of 425 Pontius marks a 67 percent loss from 2022 purchase price as Swift Real Estate Partners exits failed value-add play...
Downtown Seattle Office Vacancy Hits 35.6% in Q4 2025 as Net Absorption Stays Negative 2.3MSQFT
Cushman & Wakefield reports rents at $47.62 per square foot, $138 million in sales volume and a surge in renewals despite elevated vacancy...
U.S. Payrolls Rise 130,000 in January as Unemployment Falls to 4.3%
Wells Fargo Economics says stronger hiring and steady 3.7 percent wage growth bolster case for Federal Reserve to hold rates steady A year...
Bellevue’s $200MM GCX Pedestrian Bridge Over I-405 Secures Federal Funding, Eyes 2030 Opening
The 2,000-foot span will function as a linear park connecting downtown to the Wilburton neighborhood and the regional Eastrail system. A $2 million...
Link Logistics Sells 225,800 SQFT Industrial Property in Fife for $40.2MM
225,800-square-foot LogistiCenter at 167 traded at $178 per square foot An industrial property in Fife has traded hands, showing that investors continue to...
Meta Reverses Course on 212,000 SQFT Block 13 in Bellevue’s Spring District, Filing Permits for Full Buildout After Two Years Vacant
After leaving its ninth Spring District building in shell condition since 2024, the tech giant’s decision to occupy the $168.5MM tower signals a...
Invesco Acquires 187-Unit Harvest Gate Mobile Home Park for $27.4MM in Puyallup
The deal between two institutional heavyweights underscores continued investor appetite for manufactured housing communities in the Puget Sound region An entity affiliated with...
Q4 Employment Cost Index Rises 3.4%, Marking Slowest Compensation Growth Since 2021
Wells Fargo Economics says labor costs remain in a “Goldilocks zone” as wage pressures ease and benefit growth moderates As policymakers weigh the...
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....
Blackstone Bets $50 Billion That Real Estate’s Long Winter Is Ending
The alternative asset giant delivered its best quarter ever, but its real estate portfolio—down 16 percent since the rate cycle began—is only now...
Oregon’s Economy Surges Past National Growth Rate at 4.7% in Q3 2025
The Beaver State narrows its gap with national GDP growth as Portland’s tri-county metro area accounts for more than half of the state’s...
Vancouver Amends Waterfront Gateway Agreement with Lincoln Property, Increases Affordable Housing and Drops Office Component
The City of Vancouver and Lincoln pivot the multiphase City Center project in response to weak office demand and rising construction costs, committing...
Amazon Outbids Washington Utility to Acquire 1.2 GW Sunstone Solar Project for $83MM in Oregon
Tech giant’s direct ownership of one of the nation’s largest solar-plus-storage sites signals a new era of competition between Big Tech and public...
Oregon Job Vacancies Drop to 46,300 as Wages Decline and Labor Market Cools
The state’s unemployed-to-vacancy ratio climbed to 2.4, continuing a steady rise since the post-pandemic expansion period Oregon’s labor market showed further signs of...
Mount Angel Abbey Lists 40-Acre Abiqua Falls Property for Auction in Rare Oregon Waterfall Sale
The Benedictine monastery’s foundation puts one of the Pacific Northwest’s most photographed natural landmarks on the open market without a reserve price, raising...
168-Room Hotel Eastlund in Portland Hits Market for Receiver Sale
Convention-adjacent boutique asset tests investor appetite as Portland’s lodging market seeks firmer footing As Portland’s hospitality sector works through a post-pandemic reset, one...
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 Office Vacancy Hits 35.6% in Q4 2025 as Net Absorption Stays Negative 2.3MSQFT
Cushman & Wakefield reports rents at $47.62 per square foot, $138 million in sales volume and a surge in renewals despite elevated vacancy...
AI Fears Hammer Commercial Brokerage Stocks in Multi-Day Sell-Off
Analysts at Keefe, Bruyette & Woods argue the market rout overstates the immediate threat artificial intelligence poses to labor-intensive real estate advisory work,...
December Retail Sales Stall at 0% as Holiday Gains Reach 3.6%
Control group sales slip 0.1 percent in December, but economists maintain outlook for sustained consumer spending into 2026 As retailers closed the books...
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,...
The $200 Billion Question: Where Does Your Tariff Tax Go?
By Billy the Broker (I just want to stay anonymous) The Trump administration is crowing about collecting $200 billion in tariff revenues this year. Customs...
McNellis on CMBS: “Commercial Mortgage BS”
By John McNellis This essay is taken from John’s forthcoming 3rd edition of Making it in Real Estate. I was leaning against the bar...
Why CRE Experts Say the Looming $1.26 Trillion Debt Wall Can Be Scaled
By Kidder Mathews Roughly $1.26 trillion in commercial real estate loans are set to mature through 2027. Most originated in the mid-2010s, when rates averaged between...
How Does Humanity Fit into an AI World?
By Hans Hansson, President of Starboard CRE Reflections from a Real Estate Convention and Beyond Introduction: An Unexpected Encounter in Nashville Last week...
AI Fears Hammer Commercial Brokerage Stocks in Multi-Day Sell-Off
Analysts at Keefe, Bruyette & Woods argue the market rout overstates the immediate threat artificial intelligence poses to labor-intensive real estate advisory work,...
December Retail Sales Stall at 0% as Holiday Gains Reach 3.6%
Control group sales slip 0.1 percent in December, but economists maintain outlook for sustained consumer spending into 2026 As retailers closed the books...
Seattle City Council Votes to Fund Permanently Affordable and Publicly Owned Housing
SEATTLE – Today, the Seattle City Council unanimously approved the Interlocal Agreement between City of Seattle and the Seattle Social Housing Developer (SSHD),...
Pacific Science Center Sells Northeast Campus Corner in Seattle, Including Boeing IMAX Theater, to Space Needle LLC
The deal covers less than 25 percent of PacSci’s campus and will fund urgently needed infrastructure upgrades to the landmark 1962 World’s Fair...
Echodyne to Open 86,350 SQFT Manufacturing Facility in Washington State to Meet Growing Demand
Echodyne, the radar platform company, today announces a major near-term expansion in its advanced radar production capacity. Echodyne’s new 86,350-square-foot facility will provide...
Bellevue Moves Forward on BelRed Land Use Code Overhaul, Seeks Community Input
The city is translating its updated BelRed Subarea Plan into enforceable development standards covering housing growth, transit-oriented development, affordable housing and the BelRed...
Oregon’s Economy Surges Past National Growth Rate at 4.7% in Q3 2025
The Beaver State narrows its gap with national GDP growth as Portland’s tri-county metro area accounts for more than half of the state’s...
Washington State Posts $903.7 Billion GDP as King County Commands Nearly 60% of Economic Output
The Evergreen State’s Q3 2025 growth of 3.4 percent trails the national rate, but its tech-driven Puget Sound corridor continues to anchor one...
