Nicola Real Estate Sells 34,873-SQFT Studio 7500 Office Building in Redmond Town Center for $23MM
The transit-adjacent, net-leased property is fully occupied by a Volkswagen subsidiary and subleased to cybersecurity firm CrowdStrike, offering the new owner secured cash...
$10.2MM Permanent Refinance Secured for 92,400 SQFT Terminal Sales Office Building in Downtown Seattle
Historic Tower Located Near Pike Place Market in Accessible, Amenity Rich District; Refinance Reflects Insurance Company Lenders’ Improving Views on Office Underwriting Moving...
City of Bellevue Proposes 52,000 SQFT Parks Operations Facility in Bridle Trails
The three-building municipal project would replace aging structures and centralize parks maintenance operations near NE 55th Street and 140th Avenue NE In Bellevue,...
Wells Fargo Forecasts Modest Housing Recovery in 2026, but Affordability Remains at Historic Lows
A new Wells Fargo Economics report projects incremental gains in home sales and price appreciation, even as the national home price-to-income ratio remains...
Steel Peak Properties and Tarsadia Investments Target $500MM IOS Portfolio Across Western U.S.
The Encinitas-based firm, founded just two years ago by former brokers, has already acquired 11 properties and is now scaling rapidly with institutional...
LIHI’s $50MM Senior Housing Project Tops Out in North Seattle, Adding 90 Affordable Units to Bitter Lake
The seven-story Passive House development at 12245 Aurora Ave. N. marks the first phase of a two-phase affordable housing plan on the former...
70,000 SQFT Brierwood Park Hits Market as 300-Unit Multifamily Redevelopment Opportunity in Bellevue’s Surging Wilburton Corridor
Land site with two vacant office buildings hits the market as developers race to capitalize on the city’s landmark transit-oriented rezoning Cushman &...
Amazon’s Empty Chairs
By Billy the Broker (I just want to stay anonymous) To put the size of Amazon’s office downsizing in perspective, one of its...
Tourmaline Capital Acquires 43,000 SQFT Harvard Market Shopping Center in Seattle for $14.2MM
The value-add acquisition of the 55 percent-leased retail center on Broadway closes at a 15 percent discount to the sellers’ 2007 purchase price...
Portland’s Temporary Fee Waiver Attracts 1,720 Housing Units as City Targets 5,000 Unit Production Goal
Portland Permitting & Development released its first report on Feb. 27 describing the early results of a new financial incentive, enacted last summer,...
Puget Sound Region Secures $8.4MM in Federal Transit Funding for FIFA World Cup 2026 at Lumen Field
Sound Transit, King County Metro, and Washington State Ferries to coordinate multimodal strategy as Seattle prepares to welcome an estimated 750,000 visitors this...
SMPS Pacific Regional Conference (PRC) in Seattle March 18–20, 2026: Hands-on Workshops, Single-Day Ticket, and Social Event Tickets Available
SEATTLE, Wash. — The Society for Marketing Professional Services 16th Annual Pacific Regional Conference (SMPS PRC) is taking place March 18–20, 2026, at...
Portland’s Temporary Fee Waiver Attracts 1,720 Housing Units as City Targets 5,000 Unit Production Goal
Portland Permitting & Development released its first report on Feb. 27 describing the early results of a new financial incentive, enacted last summer,...
Sculptor Capital Acquires 506-Room Portland Marriott Downtown Waterfront for $30MM in Distressed Sale
The landmark waterfront hotel at 1401 S.W. Naito Parkway traded at approximately $59,300 per room — a 64 percent discount from its $82.7...
44-Unit LaScala Apartments in Beaverton Listed for Sale With Assumable $7.48MM Loan at 3.61%
Mixed-use property in downtown Beaverton combines retail income, below-market rents, and fixed-rate financing through 2032 In a market where investors are weighing income...
Barnes & Noble to Shutter Portland’s Lloyd Center Location as Mall Prepares for $1B Redevelopment
The bookstore’s May 2 closure marks one of the first tenant exits as Urban Renaissance Group and KKR move forward with plans to...
Portland Startup Hub UpStart Collective Consolidates into Big Pink Tower
The coworking group for early-stage founders bets on downtown Portland’s recovery by moving into the fifth floor of U.S. Bancorp Tower, taking over...
OHSU’s $650MM, 530,000 SQFT Vista Pavilion in Portland Completed On Time and Under Budget
The 14-story hospital tower, one of Oregon’s most complex healthcare construction projects, adds 128 beds and positions OHSU’s Knight Cancer Institute for a...
Pacific Northwest Commercial Real Estate News
2026 Pacific Northwest CRE Rising Stars
Celebrating the Next Generation of Commercial Real Estate Excellence From the tech epicenters of Seattle and Portland to the industrial ports of...
Continue ReadingWells Fargo Forecasts Modest Housing Recovery in 2026, but Affordability Remains at Historic Lows
A new Wells Fargo Economics report projects incremental gains in home sales and price appreciation, even as the national home price-to-income ratio remains...
Eastern Washington Apartment Market Posts $388MM in 2025 Sales as Value-Add Properties Drive Transactions
The Eastern Washington multifamily market rebounded from a sluggish start to record its strongest fourth quarter since 2021 Eastern Washington’s apartment investment market...
Bellevue Council Advances Mixed-Use Zoning Overhaul Requiring Affordable Housing and Allowing Taller Buildings Citywide
The Housing Opportunities in Mixed-Use Areas proposal would reshape development standards across Bellevue’s neighborhood centers and transit corridors following unanimous Planning Commission support....
Amazon’s Empty Chairs
By Billy the Broker (I just want to stay anonymous) To put the size of Amazon’s office downsizing in perspective, one of its...
The Morning After and How The Cycle Turned While You Were Sleeping
After two years of paralysis, capital is clearing its throat and deal volume is stirring — but this cycle rewards scalpels, not sledgehammers....
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,...
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...
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...
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...
U.S. Manufacturing Holds Expansion Streak as Prices Paid Surge on Steel, Aluminum, and Tariff Pressures
The ISM manufacturing index posted back-to-back expansionary readings for only the second time since 2022 U.S. manufacturing activity remained in expansion territory for...
Sculptor Capital Acquires 506-Room Portland Marriott Downtown Waterfront for $30MM in Distressed Sale
The landmark waterfront hotel at 1401 S.W. Naito Parkway traded at approximately $59,300 per room — a 64 percent discount from its $82.7...
44-Unit LaScala Apartments in Beaverton Listed for Sale With Assumable $7.48MM Loan at 3.61%
Mixed-use property in downtown Beaverton combines retail income, below-market rents, and fixed-rate financing through 2032 In a market where investors are weighing income...
Four Emerging Design Signals Are Reshaping the Next Generation of Hospitals
The global architecture and planning firm identifies distributed care networks, embedded clinical research, community-centered design, and AI-ready infrastructure as the defining forces behind...
Wells Fargo Forecasts Sharp February Payroll Slowdown as January Jobs Surge Fades
The blockbuster January jobs number was likely a mirage, per the assessment of economists at Wells Fargo Economics, who are projecting nonfarm payroll...
West State Motorsport Buys 11,900 SQFT Showroom and Service Facility in Auburn for $3.75MM
(Editor’s Note: According to a report from the Puget Sound Business Journal, the sales price was $3.75 million, or approximately $315 per square...
Woods Coffee Targets Aggressive Drive-Thru Expansion Across Puget Sound With 5+ New Locations Annually
The family-owned Pacific Northwest coffee brand is actively seeking drive-thru retail sites in nearly 20 Washington communities, backed by more than two decades...
Sound Commercial Investment Holdings Acquires PNRI’s 45,000-SQFT First Hill Lab Facility at 720 Broadway in Seattle for $6.5MM
Nonprofit biomedical research institute sells longtime headquarters at a steep discount to assessed value, plans to lease back the building to preserve research...
