The New Home Company’s 348-Unit Axiom Apartments Nears Delivery at River Terrace in Tigard
The largest apartment project slated to finish in the Portland metro this year is pre-leasing at River Terrace, with studio rents starting near...
Alliance Residential, Carlyle Deliver 280-Unit Broadstone Walnut Grove, Portland Market’s Largest Q3 Completion, in Vancouver
The three-story community at 6712 NE 88th St. extends a multi-market Alliance Residential and Carlyle Group partnership into Clark County just as new...
Seattle Cruise Business Hits Record 330 Calls, $1.2B Impact as MSC and Virgin Voyages Debut
The Port of Seattle closed its 2026 Alaska cruise season with a record 330 ship calls, nearly 2 million revenue passengers and an...
Crusoe’s 46,000 SQFT Key Center Expansion Puts AI at the Front of a Bellevue Market Running Short on Big Class A Blocks
CBRE's third-quarter 2026 Seattle office report places Crusoe Energy Systems' 46,000-square-foot expansion at Kilroy Realty's Key Center among the quarter's defining deals, a...
276-Unit Hyas Point Apartments Begins Leasing on Washougal’s Columbia River Waterfront
Two of four buildings in the first phase of RKm Development and the Port of Camas-Washougal's 23-acre waterfront project are leasing with up...
SRM Clears Downtown Bellevue Corner, Wins State Backing for $9.5MM Cleanup Ahead of 376-Unit 12 Bellevue
With the old Jack in the Box and 7-Eleven buildings now demolished, SRM Development has secured a Washington Department of Ecology opinion that...
Seattle Life Science VC Plunges 58% to $396MM as Bay Area Funding Holds at $8.3B
Seattle life science companies raised only $395.9 million through the third quarter, on pace for the weakest year since at least 2022, as...
Deacon’s 225-Unit West Main Commons Rises in Battle Ground After Years of Delay
Four years after Battle Ground's council narrowly approved an $85 million mixed-use plan for West Main Street, Deacon Development's apartments are slated for...
Skanska Lands $294,100 Forest Service Grant to Tackle Insurance Costs Holding Back Tall Mass Timber
A Skanska-led team of insurers, engineers and architects will spend two and a half years documenting how to insure mid- and high-rise mass...
Prosper Portland’s 120,000 SQFT Workshop Blocks B Rises on SE Water Avenue, Targeting 2027 Delivery
The 120,000-square-foot project on SE Water Avenue is the largest office-classified building under construction in the Portland market, with delivery slated for the...
Bridge Investment Group Acquires 180-Unit River Ridge Apartments for $50.1MM in Tualatin, 28% Below 2022 Price
Four years after Security Properties and Oaktree paid $70 million at the market's peak, the 2017-vintage Tualatin River community has reset by nearly...
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...
The New Home Company’s 348-Unit Axiom Apartments Nears Delivery at River Terrace in Tigard
The largest apartment project slated to finish in the Portland metro this year is pre-leasing at River Terrace, with studio rents starting near...
Alliance Residential, Carlyle Deliver 280-Unit Broadstone Walnut Grove, Portland Market’s Largest Q3 Completion, in Vancouver
The three-story community at 6712 NE 88th St. extends a multi-market Alliance Residential and Carlyle Group partnership into Clark County just as new...
276-Unit Hyas Point Apartments Begins Leasing on Washougal’s Columbia River Waterfront
Two of four buildings in the first phase of RKm Development and the Port of Camas-Washougal's 23-acre waterfront project are leasing with up...
Deacon’s 225-Unit West Main Commons Rises in Battle Ground After Years of Delay
Four years after Battle Ground's council narrowly approved an $85 million mixed-use plan for West Main Street, Deacon Development's apartments are slated for...
Prosper Portland’s 120,000 SQFT Workshop Blocks B Rises on SE Water Avenue, Targeting 2027 Delivery
The 120,000-square-foot project on SE Water Avenue is the largest office-classified building under construction in the Portland market, with delivery slated for the...
Bridge Investment Group Acquires 180-Unit River Ridge Apartments for $50.1MM in Tualatin, 28% Below 2022 Price
Four years after Security Properties and Oaktree paid $70 million at the market's peak, the 2017-vintage Tualatin River community has reset by nearly...
Seattle Cruise Business Hits Record 330 Calls, $1.2B Impact as MSC and Virgin Voyages Debut
The Port of Seattle closed its 2026 Alaska cruise season with a record 330 ship calls, nearly 2 million revenue passengers and an...
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...
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...
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...
PCC Structurals Leases 156,000 SQFT in Two Milwaukie-Area Buildings from Lincoln Property Co.
The Precision Castparts aerospace casting unit took 91,481 square feet on SE Mailwell Drive and 64,322 square feet on SE Johnson Road in...
Canby’s 1.1MM SQFT Industrial Pipeline Lands in a Submarket Already 20.5% Available
Sequoia Logistics Center and Baker Center will bring more than 1.1 million square feet to Canby as SE Outlying availability tops 20 percent...
Eastside Sublease Space Jumps 14% to Nearly 1.3MM SQFT on Meta and Bungie Givebacks as Downtown Seattle’s Shrinks 20%
Sublease availability is moving in opposite directions across Lake Washington, rising 13.6 percent on the Eastside as Meta and Bungie put large blocks...
Anthropic Adds 46,000 SQFT at Seattle’s Dexter Yard, Building on 113,000 SQFT Lease
Anthropic took a 46,000-square-foot expansion at BioMed Realty's Dexter Yard in Seattle's Lake Union district during the third quarter, according to CBRE, adding...
Synergy Files Permits for $65MM, 17-Story, 165-Unit Third and Battery Apartment Tower in Seattle’s Belltown
A Belltown corner has a permit filing for 165 units, at a time when Kidder Mathews reports Seattle apartment deliveries down 53 percent....
Portland Office Vacancy Posts Largest Drop Since 2022 as Class A Absorbs 271,000 SQFT and Older Buildings Lose Ground
Class A towers delivered Portland's largest quarterly vacancy drop since 2022, while Class B and C buildings kept losing tenants and downtown direct...
104-Unit Heritage Square Apartments in Puyallup Trades for $25MM
Heritage Square Apartments, made up of four-unit buildings with 1,100-square-foot two-bedroom homes listed at $1,950 a month, has changed hands while developers across...
Carroll Tire Renews 133,000 SQFT at LaSalle’s Seattle Gateway II in Burien
Tire distributor Carroll Tire Company has decided to stay put at a 2018-built logistics building on the northern edge of Seattle-Tacoma International Airport,...
