Broderick Still Sees Eastside Office Vacancy at 19% by Year-End, a Target That Needs 1.2MM SQFT in One Quarter
Broderick Group's appendix projects Eastside office vacancy will end 2026 at 19.0 percent on 1.18 million square feet of net absorption for the...
Panattoni, Principal Fully Lease 406,000 SQFT Des Moines Creek Business Park West to Shield AI
A single tenant has leased all 405,680 square feet of Des Moines Creek Business Park West near Sea-Tac Airport. The deal continues the...
Rosen Harbottle Acquires 59,000 SQFT Northview Corporate Center Building C in Lynnwood for $7.75MM
Bellevue-based Rosen Harbottle Commercial Real Estate has paid $7.75 million, or about $131 per square foot, for the 59,219-square-foot Building C at Northview...
Kirkland Pays $10MM for 16,000 SQFT Former Latter-day Saints Church
The City of Kirkland had plans to use it for recreation programs while it weighs a pool, a second gym or affordable housing...
Rialto Weighs Housing Sale for 289,000 SQFT Former Frontier Office Campus in Everett
Rialto Capital weighs a housing sale for the former Frontier office campus in Everett after its value fell from $38.6MM to $9.3MM.
Fields Holdings Lands $94.8MM Construction Loan for 13-Story Zev Corvallis Student Housing Tower Near Oregon State University
Fields Holdings secures a $94.8 million Affinius Capital construction loan for Zev Corvallis, a 13-story, 667-bed student housing tower near Oregon State.
Integrus Leases 21,000 SQFT at Pioneer Square’s Reedo Building in Seattle
Integrus leases 20,586 SF atop Pioneer Square's Reedo Building and will leave the Union Trust Annex, which it owns and has listed for...
Bank-Owned 105,000 SQFT Tacoma Tower Portfolio Hits Market After Stalled Apartment Conversion
The bank-owned Tacoma Tower, a 1912 landmark on Pacific Avenue, is for sale with a low-rise and garage after a stalled apartment conversion.
UW Breaks Ground on $231.1MM, 105,000 SQFT Chemical Sciences Building in Seattle
The University of Washington has started construction on a five-story chemistry research and teaching building that replaces a 1950s library. Its budget is...
Mayor Wilson Puts Kidder Mathews, Amazon and Port of Seattle on Task Force as Downtown Office Vacancy Hovers Near 35%
Seattle Mayor Katie Wilson has named 18 business, labor and civic leaders, from Kidder Mathews Chairman Bill Frame to Port of Seattle President...
Hacienda CDC, YWCA Clark County Plan Up to 90 Affordable Homes and New Headquarters on Vancouver’s Main Street
Hacienda CDC and YWCA Clark County plan an 80- to 90-unit affordable housing campus with a new 30,000-square-foot YWCA facility on Vancouver's Main...
Portland Sheds 26,800 Jobs as Apartment Absorption Collapses 76% to 2,150 Units
Seven straight quarters of job losses have drained renter demand out of the Portland apartment market, cutting net move-ins by more than three-quarters...
Fields Holdings Lands $94.8MM Construction Loan for 13-Story Zev Corvallis Student Housing Tower Near Oregon State University
Fields Holdings secures a $94.8 million Affinius Capital construction loan for Zev Corvallis, a 13-story, 667-bed student housing tower near Oregon State.
Hacienda CDC, YWCA Clark County Plan Up to 90 Affordable Homes and New Headquarters on Vancouver’s Main Street
Hacienda CDC and YWCA Clark County plan an 80- to 90-unit affordable housing campus with a new 30,000-square-foot YWCA facility on Vancouver's Main...
RoseVilla Launches 97-Home Zero-Energy Expansion in Oak Grove, Adding First Assisted Living
The nonprofit life plan community on River Road will add the 85-unit mass timber RainWood Lofts and the 12-home Mahonia EcoHomes neighborhood, targeting...
Kidder Mathews Taps Former BPM Real Estate Group Executive DeAnna Amende to Lead Portland Asset Services
Kidder Mathews has hired DeAnna Amende, a Certified Property Manager who led the repositioning of PacWest Center and the lease-up of Block 216,...
$12.3MM Bridge Loan Secured for Workshop St. Johns Campus in Portland
Baum Revision Joint Venture Refinances 200,000 SQFT Riverfront Mill Campus as Portland Industrial Availability Hits a Record The owners of a century-old riverfront...
CenterCal Lands Eight New Retailers at Bridgeport Village in Tigard This Fall
Six First-to-Market Brands Anchor Bridgeport Village's Busiest Leasing Year Since Its 2022 Overhaul
Broderick Still Sees Eastside Office Vacancy at 19% by Year-End, a Target That Needs 1.2MM SQFT in One Quarter
Broderick Group's appendix projects Eastside office vacancy will end 2026 at 19.0 percent on 1.18 million square feet of net absorption for the...
Washington Wage Floor Hits $17.73 in 2027 as Seattle Climbs to $22.14, Raising the Bill for Retail and Hospitality Tenants
Washington's statewide wage floor climbs to $17.73 an hour on Jan. 1, while Seattle moves to $22.14 and a sharply higher overtime-exempt salary...
Trepp: Seattle Office Slips, but Seattle Apartments and Portland Self-Storage Rank Among West’s Safest
Trepp analysts told a national webinar audience that Seattle's office market is weakening at the margins, even as the metro's multifamily loans and...
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...
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...
Bellarmine Prep Plans $15MM Renovation of Nearly Century-Old Bellarmine Hall and Chapel in Tacoma
In a pre-application filed with the City of Tacoma, the Jesuit high school puts the Bellarmine Hall project at $15 million and plans...
282,000 SQFT FAA Regional Headquarters Near Sea-Tac Hits Market With 11 Years of Firm Federal Lease Term
The 2018 build-to-suit near Sea-Tac comes with a GSA lease that has no termination rights or appropriations clauses, the kind of federal tenancy...
RoseVilla Launches 97-Home Zero-Energy Expansion in Oak Grove, Adding First Assisted Living
The nonprofit life plan community on River Road will add the 85-unit mass timber RainWood Lofts and the 12-home Mahonia EcoHomes neighborhood, targeting...
Cabot-Affiliated Seller Trades 28,000 SQFT Kent Warehouse Occupied by FHC for $8.5MM
A Cabot-affiliated entity sells the 28,356-square-foot Kent warehouse occupied by FHC for $8.5MM, about $300 per square foot.
36-Unit Centerwood Apartments in White Center Listed for $8MM
The $8 million asking price pencils to a 5.83 percent cap rate, above both the Puget Sound region's and Seattle's own average multifamily...
Eric Persson Moves to Reclaim Eight Washington Card Rooms From Bankrupt RunItOneTime as Blue Owl Rent Relief Nears Expiration
Maverick Gaming founder Eric Persson says he will buy eight Washington card rooms out of his former company's Chapter 11 case and keep...
New Home Co. Sells 3.3-Acre Fall City Subdivision Site for $7.8MM
A Scottsdale-based buyer pays $7.8 million for a 3.34-acre Fall City site platted for single-family homes, sold by The New Home Company's Washington...
Simon Retires Northgate Station Name, Launches The District at Northgate With 234-Unit Everis Opening in Seattle
Simon Property Group is rebranding its 55-acre North Seattle redevelopment as The District at Northgate, pairing the new identity with the debut of...
