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AECCommercialFinanceIndustry NewsResidentialRetail

Entitled 98-Acre Quarry District in East Vancouver Hits Market With Approvals for 2,000 Apartments, 625,000 SQFT of Commercial Space

A former rock quarry at the SR-14 and Southeast 192nd Avenue interchange is up for sale as 20 separately marketed lots. The site...

Full-Block South Lake Union Site Once Planned for 505,000 SQFT Lab Campus Hits Market as 490-Unit Apartment Opportunity

The 77,760-square-foot block at 200 Taylor Avenue North, cleared for BioMed Realty’s T6 life sciences campus, is now being pitched for about 490...

Hudson Pacific Raises Guidance as Losses Reach $1.56B Over 19 Quarters, With Its Seattle Portfolio 75.6% Occupied

Hudson Pacific Properties raised and narrowed its 2026 earnings outlook and lifted company-wide office occupancy to 85.6 percent in the third quarter, but...

Seattle Becomes Hudson Pacific’s Fastest-Growing Pipeline as 10 Tenants Circle 546,000 SQFT Washington 1000, Still 1.9% Leased

Hudson Pacific Properties told investors on its third-quarter call that Seattle has become the fastest-growing slice of its leasing pipeline, with 10 tenants...

Public Biotech Makes Up Just 1.1% of Alexandria’s Q3 Leasing as Seattle’s Pipeline Thins

Publicly traded biotech companies accounted for only 1.1 percent of the 1.24 million square feet Alexandria Real Estate Equities leased in the third...

Pierce County Apartment Sales Slow to 3 Deals and $8MM in Q2 as 2,764 Units Stay Under Construction

Pierce County's apartment market spent the second quarter of 2026 in adjustment mode, with only three sales closing even as vacancy improved to...

As Swig Turns 90, CEO Connor Kidd Sees Seattle as Next in Line for Bay Area’s AI Office Boom

Four years after The Swig Company planted its first Seattle flag at the Lake Union Building, President and Chief Executive Officer Connor Kidd...

FeaturedFinanceIndustry NewsResidential

Kitsap Apartment Vacancy Falls to 7% as 70-Unit Quay Bainbridge Trades for $16.8MM, Ending Investment Drought

Kitsap County's apartment vacancy fell faster than any other Puget Sound submarket's in the second quarter of 2026, while the 70-unit Quay Bainbridge...

FinanceIndustrialIndustry NewsPortland

Columbia Nutritional Buys Its 75,000 SQFT Vancouver, Wash., Plant From EQT Real Estate for $11.6MM

After more than 16 years as a tenant, Columbia Nutritional now owns its Vancouver, Wash., production plant, buying it from EQT Real Estate...

CommercialFeaturedIndustry NewsLeasingPortland

Portland Leads Nation in Q3 Coworking Growth, Expanding Location Count 10% to 87 Spaces

Portland grew its coworking location count faster than any other top-50 U.S. market in the third quarter, adding eight spaces to reach 87...

FinanceIndustry NewsPortlandRetail

Macerich Narrows Q3 Loss to $16.7MM as 1,125,000 SQFT Washington Square Anchors Its Oregon Footprint

Macerich narrowed its third-quarter loss to $16.7 million as income at its keeper malls rose 4.7 percent, and its Pacific Northwest exposure, now...

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Eastside’s 14.7MM SQFT Office Pipeline Still Has Zero Pre-Leasing as Supply Freeze Props Up Bellevue Recovery

Broderick Group's third-quarter report still counts roughly 14.7 million square feet of proposed office development across the Eastside, none of it pre-leased, and...

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FinanceIndustrialIndustry NewsPortland

Columbia Nutritional Buys Its 75,000 SQFT Vancouver, Wash., Plant From EQT Real Estate for $11.6MM

After more than 16 years as a tenant, Columbia Nutritional now owns its Vancouver, Wash., production plant, buying it from EQT Real Estate...

Portland Leads Nation in Q3 Coworking Growth, Expanding Location Count 10% to 87 Spaces

Portland grew its coworking location count faster than any other top-50 U.S. market in the third quarter, adding eight spaces to reach 87...

Macerich Narrows Q3 Loss to $16.7MM as 1,125,000 SQFT Washington Square Anchors Its Oregon Footprint

Macerich narrowed its third-quarter loss to $16.7 million as income at its keeper malls rose 4.7 percent, and its Pacific Northwest exposure, now...

Macerich’s 2026 Playbook Shows the Mall Market Splitting Into Trophies and Holdouts

Macerich's third-quarter results read like a field guide to the 2026 mall market, with the REIT buying malls again, swapping 6.6 percent mortgage...

SITE Centers Agrees to Sell Pearl District’s The Blocks Retail Portfolio in Portland for $18.2MM

SITE Centers has agreed to sell its retail condominium portfolio in Portland’s Pearl District for about $188 per square foot. It is one...

Manjoh Acquires 50,000 SQFT Cascade Boulevard Center in Tigard for $13.4MM, Portland’s Largest Retail Sale of 3Q 2026

The Portland market's biggest retail trade of the third quarter changed hands at a premium to the metro average, a sign that well-located...

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ContributorsFeaturedRetail

Salad Days Are Over: Why Protein and Caffeine Are Winning the Restaurant Real Estate Race

By John Cumbelich October 5, 2026 – True Food Kitchen files for bankruptcy. Is anyone shocked by the news that yet another salad...

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CommercialContributorsLeasingRetail

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...

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CommercialContributorsFeaturedIndustry News

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...

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CommercialContributorsFeaturedFinanceIndustry News

McNellis: Economists vs. Flipping Coins

Economist: {noun}: someone good with numbers but without enough personality to be an accountant.

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CommercialContributorsFeaturedFinanceIndustry NewsRetail

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.

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CommercialContributorsFeaturedFinanceIndustry News

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,...

Principal Asset Management Provides $37.9MM Bridge Loan for New Covington Industrial Project

Principal Asset Management has closed a $37.9 million bridge loan on a newly constructed industrial building in Covington, giving an undisclosed owner time...

Macerich’s 2026 Playbook Shows the Mall Market Splitting Into Trophies and Holdouts

Macerich's third-quarter results read like a field guide to the 2026 mall market, with the REIT buying malls again, swapping 6.6 percent mortgage...

22-Suite Eritage Resort and 350-Acre Vineyard Estate in Walla Walla Hits the Market

A small luxury resort in Walla Walla wine country is for sale with about 143.5 acres of planted vineyard. Its owners are offering...

Seattle Falls to 38th in ULI-PwC Emerging Trends 2027 Rankings Even as Office Leasing Hits Best Pace Since 2019

Seattle dropped 16 spots to 38th in the Urban Land Institute and PwC's Emerging Trends in Real Estate 2027 market rankings, its steepest...

Cleveland-Based Buyer Pays $13MM for 15,000 SQFT Capitol Hill Goodwill Building in Seattle

An Ohio-based investor has paid $13 million, or roughly $873 per square foot, for the century-old building that houses Evergreen Goodwill’s Capitol Hill...

Former Philips Unit Heartstream Leases 36,000 SQFT on Bothell’s North Creek Parkway as District Vacancy Sits at 24.8%

Heartstream, the Bothell-based defibrillator and patient-monitoring maker that Emergency Care Holdings carved out of Royal Philips in January, signed a 36,000-square-foot new lease...

Higher-for-Longer Rates Are Choking Apartment Supply, Setting Up a Multifamily Rent Rebound Before 2030

Federal Reserve rate hikes have cut U.S. apartment construction starts roughly in half while renter demand keeps running hot, a mismatch that rental...

Read Products Interbay Priced at $14MM as 73,000 SQFT Seattle Industrial Site Courts Owner-Users and Developers

Lee & Associates has attached a $14 million asking price to Read Products Interbay, the two-building, 72,606-square-foot industrial holding where 15th Avenue West...