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AECCommercialIndustry NewsNews Releases

Alaska Airlines Unveils 660,000 SQFT Global Training Center in Renton

Thousands of Alaska Airlines and Hawaiian Airlines employees will now undergo training in a new 660,000-square-foot, state-of-the-art facility, which officially opened its doors...

After 106 Years, Eddie Bauer’s Retail Exit Signals End of an Era for Mall-Based Outdoor Apparel

The Seattle outdoor brand’s third bankruptcy in two decades exposes the fragility of mid-tier retail as Catalyst Brands shutters 200 stores while pivoting...

Lloyd Center Demolition Plans Advance as Portland Mall Enters Final Chapter

Owners present 5,000-unit mixed-use redevelopment plan to city officials as iconic 1960s shopping center prepares for transformation Owners of Portland’s Lloyd Center are...

Uber Explores Major Bellevue Expansion at Four106 Tower

Ride-hailing giant in talks for downtown tower space as expansion beyond Seattle headquarters amid tech firm migration to Eastside Uber Technologies Inc. is...

Databricks in Talks to Significantly Increase Bellevue Footprint with Four106 Tower Lease

AI analytics firm negotiating for bulk of downtown Bellevue’s newest office tower as company prepares for anticipated public offering Databricks Inc. is negotiating...

Life Time Fitness Buys 143,000 SQFT Former Fred Meyer in Redmond for $32MM

Redmond’s Vacant Fred Meyer Finds New Owner in Fitness Industry A Fred Meyer property in Redmond that closed last year has traded hands....

U.S. Home Prices Rise 0.4% in November as Regional Gaps Continue to Widen

Wells Fargo Economics points to modest but durable appreciation amid supply limits and affordability pressure After a period of cooling that stretched through...

FinanceIndustry NewsLife Science

Intercontinental Real Estate Corporation Sells 228,000 SQFT 222 Fifth Life Science Property in Seattle for $50MM

Former Phoenix Suns owner’s affiliate purchases 222 Fifth, a 228,000-square-foot biotech hub in South Lake Union housing early-stage startup incubator A large life...

FinanceIndustry NewsResidential

32-Unit Heather Court Apartment Property Listed at $5.25MM in Tacoma

Value-add Tacoma multifamily offering targets rent growth and renovation upside outside city regulations As investors continue to weigh where rent growth and operational...

FinanceIndustry NewsResidential

96-Unit Gayteway at Hawks Prairie in Lacey Markets to Investors as Regional Supply Tightens

2022-vintage property targets institutional buyers as Seattle metro construction deliveries decline 33 percent and vacancy holds steady at 7.4 percent A 96-unit multifamily...

FinanceIndustry NewsResidential

27-Unit Stateside Flats Listed for $4.9MM as Olympia Multifamily Draws Investor Focus

Residential property near downtown offers in-place income with rent growth potential As Washington’s capital continues to benefit from steady government employment and population...

Featured Content

Downtown Seattle Ranks Second Among Peers in Residential Construction with 3,325 Units Underway

Housing development drives urban recovery as downtown population reaches record 109,845 residents, though building permits fall to historic lows Downtown Seattle’s residential construction...

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AECCommercialIndustry NewsPortlandResidentialRetail

Lloyd Center Demolition Plans Advance as Portland Mall Enters Final Chapter

Owners present 5,000-unit mixed-use redevelopment plan to city officials as iconic 1960s shopping center prepares for transformation Owners of Portland’s Lloyd Center are...

Pacific Northwest Multifamily Markets Navigate Divergent Paths

Seattle Attracts Surging Investment While Portland Struggles; Regional Performance Splits on Development and Demand Fundamentals The Pacific Northwest’s two largest multifamily markets delivered...

TriMet to Acquire Former Greyhound Terminal in Portland for $7MM with Plans for Bus Layover Facility

Portland transit agency scores deal on property that was once under contract for $35 million TriMet is moving forward with plans to purchase...

Portland Multifamily Vacancy Tightens to 8.5% as Development Pipeline Shrinks 66%

Average sale prices decline 9 percent year-over-year while net absorption reaches 392 units in fourth quarter Portland’s multifamily market posted improved fundamentals in...

Starwood Capital Group Sells 81-Unit Crossings at Gresham Station for $17.8MM

Buyers Pay $219,753 Per Unit for Gresham-Northwest Property as Portland Multifamily Construction Pipeline Shrinks 66 Percent Mika and Michael Aranoff purchased the 81-unit...

FPA Multifamily Acquires 150-Unit East Wind Apartments for $20.5MM in Gresham

Transaction Values Northeast Submarket Property at $136,667 Per Unit as Portland Vacancy Tightens 110 Basis Points FPA Multifamily acquired the 150-unit East Wind...

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...

Seattle Advances Phase Two of Comprehensive Zoning Overhaul to Address Housing Shortage

Mayor Wilson’s proposal enables multifamily housing in 30 new neighborhood centers and transit corridors as city tackles affordability crisis Seattle Mayor Katie B....

AECContributorsFeaturedIndustry NewsResidential

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,...

ContributorsFeaturedFinanceIndustry News

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...

CommercialContributorsFeaturedFinanceIndustry NewsRetail

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...

CommercialContributorsFeaturedFinanceHospitalityIndustrialIndustry NewsResidentialRetail

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...

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CommercialContributorsFeaturedIndustry News

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...

ContributorsFeaturedFinanceIndustry News

Hudson Pacific’s Puget Sound Assets Hold Steady as Leasing Improves, Losses Persist

Hudson Pacific Properties’ third-quarter 2025 results showed continued financial strain for the West Coast-focused office landlord, but its Pacific Northwest assets—centered largely in...

Seattle’s Vera Project Announces Ambitious $2.5MM Campaign and Expansion Plans for 25th Anniversary in Georgetown Neighborhood

Seattle nonprofit unveils three-pronged initiative including new Georgetown venue, weekly free concerts, and expanded programming to support all-ages music and art The Vera...

Felton Properties Acquires 435,000 SQFT Lynnwood Medical Office Building for $48.5MM

Six-story Class A asset changes hands as Westport Capital Partners continues Pacific Northwest divestment A Class A office building in Lynnwood has traded...

Seattle Life Sciences Market Posts Modest Gains as Major Construction Project Completes

Pacific Northwest hub delivers 227,000 square feet of new lab space, accounting for more than 80 percent of national Q4 completions Seattle’s life...

City Of Seattle Invests In 12 Organizations to Support Projects Led by Communities Affected by Climate Change

Seattle, WA — Seattle’s Environmental Justice (EJ) Fund today announced grants to 12 organizations to support programs covering climate change adaptation, education, youth...

Pacific Northwest Multifamily Markets Navigate Divergent Paths

Seattle Attracts Surging Investment While Portland Struggles; Regional Performance Splits on Development and Demand Fundamentals The Pacific Northwest’s two largest multifamily markets delivered...

Seattle Seahawks to Hit the Market After Super Bowl LX

Paul Allen’s Estate to Sell NFL Franchise in What Could Be Record $7-8 Billion Deal The Seattle Seahawks will be put up for...

Seattle Advances Phase Two of Comprehensive Zoning Overhaul to Address Housing Shortage

Mayor Wilson’s proposal enables multifamily housing in 30 new neighborhood centers and transit corridors as city tackles affordability crisis Seattle Mayor Katie B....

TriMet to Acquire Former Greyhound Terminal in Portland for $7MM with Plans for Bus Layover Facility

Portland transit agency scores deal on property that was once under contract for $35 million TriMet is moving forward with plans to purchase...

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