Downtown Portland Foot Traffic Hits Post-2020 High as Weekend Visits Near 2019 Levels
Downtown Portland drew 22.2 million pedestrian visits through August, its busiest summer since 2020, as weekend crowds and event-goers climbed back toward pre-pandemic...
Essex Property Trust Lands $275MM Bank of America-Led Term Loan to Retire Commercial Paper
Essex Property Trust has lined up $275 million of unsecured bank debt led by Bank of America to retire short-term commercial paper, trading...
Best Practice Architecture Turns 3,000 SQFT Capitol Hill Storefront Into Roma Roma Pizzeria With $250,000 Build-Out
Best Practice Architecture has completed Roma Roma, a 2,517-square-foot Roman-style pizzeria inside Capitol Hill's 12th Avenue Arts building, where a $250,000 interior overhaul...
Seattle Absent From Top 10 as $2.26T Exit Boom Rewards Bay Area, Dallas and Denver
A new Deloitte and PitchBook report tracking a record $2.26 trillion in U.S. expansion-stage company exits during the first half of 2026 shows...
Lennar-Linked TPG Land Bank Pays $28.1MM for 42 Acres From Oakpointe in Black Diamond
Oakpointe's $28.1 million sale of 42 acres at Ten Trails to a Lennar-linked TPG land bank comes as King County's median price fell...
Stratacache Shops 852,000 SQFT Former Hynix Fab and 198 Acres in Eugene
A campus SK hynix built with $1.5 billion is looking for its next owner, as Stratacache sells off the fab space, power capacity...
Trail Blazers Owners Select PCL Construction for Moda Center Overhaul
Trail Blazers ownership taps PCL Construction, ENR's No. 14 U.S. contractor, to lead the proposed $573MM Moda Center renovation.
Lennar-Linked TPG Land Bank Pays $28.1MM for 42 Acres From Oakpointe in Black Diamond
Oakpointe's $28.1 million sale of 42 acres at Ten Trails to a Lennar-linked TPG land bank comes as King County's median price fell...
Stratacache Shops 852,000 SQFT Former Hynix Fab and 198 Acres in Eugene
A campus SK hynix built with $1.5 billion is looking for its next owner, as Stratacache sells off the fab space, power capacity...
102-Space Franklin Pierce Estates Mobile Home Park Trades for $17MM in Tacoma
FP MH Owner LLC pays $17 million for the 102-space Franklin Pierce Estates mobile home park in Tacoma, more than double the national...
Quarterra Plans 300-Unit Apartment Project at Former FOX 13 Site in Seattle’s South Lake Union
Seattle's most storied piece of Westlake Avenue real estate is headed toward a third act, as multifamily developer Quarterra moves to raze a...
South Sound Industrial Splits in Two as Big Tenants Return and Small-Bay Absorption Stalls at 9.8% Vacancy
Lee & Associates' August South Sound industrial report shows overall vacancy easing to 9.8 percent as tenants chasing blocks of 300,000 square feet...
Downtown Portland Foot Traffic Hits Post-2020 High as Weekend Visits Near 2019 Levels
Downtown Portland drew 22.2 million pedestrian visits through August, its busiest summer since 2020, as weekend crowds and event-goers climbed back toward pre-pandemic...
Trail Blazers Owners Select PCL Construction for Moda Center Overhaul
Trail Blazers ownership taps PCL Construction, ENR's No. 14 U.S. contractor, to lead the proposed $573MM Moda Center renovation.
Stratacache Shops 852,000 SQFT Former Hynix Fab and 198 Acres in Eugene
A campus SK hynix built with $1.5 billion is looking for its next owner, as Stratacache sells off the fab space, power capacity...
Habitat for Humanity Breaks Ground on 50-Home True North Homeownership Community in North Portland’s University Park
Habitat for Humanity Portland Region and a coalition of public and nonprofit partners will formally launch True North, a 50-townhome development in University...
Washington Ranks Sixth Nationally for Real Construction Pay as Seattle, Portland Climb
A Construction Coverage analysis of federal wage and cost data ranked Washington sixth among all states for cost-adjusted construction pay, with the Seattle...
Three International Teams Advance in Portland’s $40MM Waterfront Park Redesign
Portland Parks & Recreation has narrowed a global field of more than 150 firms to three finalist teams competing to reimagine Governor Tom...
Downtown Portland Foot Traffic Hits Post-2020 High as Weekend Visits Near 2019 Levels
Downtown Portland drew 22.2 million pedestrian visits through August, its busiest summer since 2020, as weekend crowds and event-goers climbed back toward pre-pandemic...
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...
Washington Ranks Sixth Nationally for Real Construction Pay as Seattle, Portland Climb
A Construction Coverage analysis of federal wage and cost data ranked Washington sixth among all states for cost-adjusted construction pay, with the Seattle...
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...
BNBuilders, Miller Hull Break Ground on $37MM Snohomish Fire Stations
Construction has begun on replacement stations in Monroe and Lake Stevens roughly a year behind the district's original 2024 timeline, with BNBuilders and...
Starbird Chicken Signs 17-Unit Washington Franchise Deal with Former Jack in the Box Operator
A San Francisco-born fast casual chicken concept is following a proven multi-unit operator into Washington, betting on a franchisee with decades of experience...
Wells Fargo’s Higher Rate Floor Tests Northwest Housing as Data Centers and Power Drive Construction
Wells Fargo's September economic outlook points to a widening split in Pacific Northwest real estate: a data-center and power construction build-out gaining momentum...
Down Syndrome Community of Puget Sound Acquires 16,000 SQFT Continental Building in Bellevue for $7.3MM
A Seattle-based nonprofit serving families affected by Down syndrome has bought its way into Bellevue office ownership. Down Syndrome Community of Puget Sound...
Coombes Development’s 80-Unit StoneRow Apartment Building Opens for Leasing on Fremont’s Stone Way
Metrica- and Cone-Designed StoneRow Joins Growing Cluster of New Apartments Along Fremont's Stone Way A Fremont apartment project that its developer built without...
Puget Sound Apartment Developers Shelve Projects as Approved Pipeline Shrinks to 12,931 Units
Puget Sound apartment developers formally shelved a meaningful number of projects over the past year instead of extending permits, shrinking the region's approved...
KB Home Trims Q4 Outlook as West Coast Backlog Jumps 23%, Opens Lake Stevens Townhomes
KB Home's West Coast segment, which includes its Washington operations, grew orders and backlog in the third quarter even as company-wide sales slowed,...
Everett, Community Transit Reach $54.5MM Deal to Consolidate Bus Systems
The deal's timing tracks Sound Transit's Link extension to Everett Station, a project now pushed to 2037-2041 amid a $34 billion system-wide shortfall...
