Seattle Leads Nation in Home-Sales Retreat as Tech-Job Fears Freeze Buyers
Seattle posted the steepest drop in pending home sales of any major U.S. metro in July, as anxiety over tech-sector layoffs and artificial...
Genentech to Invest $750MM to Double Hillsboro Manufacturing Campus
Genentech will invest approximately $750 million to double its Hillsboro, Oregon manufacturing campus with a new device fill-finish facility, adding 250 jobs as...
JTM Construction Delivers Valley Medical Center’s $3MM Oncology Clinic Expansion in Renton
JTM Construction wrapped a doubling of Valley Medical Center’s East Pavilion oncology clinic in Renton nearly $900,000 under its original budget, delivering the...
Free Geek Moves Into 17,430 SQFT Portland Industrial Building Amid Tight Close-In Market
Free Geek is relocating from its 1731 SE 10th Avenue site to a 17,430-square-foot industrial building three blocks away at 1700 SE Grand...
Bellevue Eyes Eastgate Office Corridor for Mixed-Use Overhaul Under New Area Plan
Bellevue's Planning Commission will weigh a plan to redevelop Eastgate's high-vacancy office corridor into a walkable, mixed-use district.
City of Bellevue Advances Negotiations for 140-Unit Affordable Housing, Arts Project at BelRed Station
Bellevue advances a development agreement with BRIDGE Housing for a 140-unit, 100% affordable project at the BelRed light rail station.
Seattle Mayor Wilson Orders Permitting Overhaul, Launches Housing Task Force Amid Building Slowdown
Mayor Katie Wilson's Executive Order 2026-4 streamlines Seattle permitting and launches a task force as housing applications plunge.
City of Bellevue Advances Negotiations for 140-Unit Affordable Housing, Arts Project at BelRed Station
Bellevue advances a development agreement with BRIDGE Housing for a 140-unit, 100% affordable project at the BelRed light rail station.
Clackamas County Advances Data Center Moratorium, Pausing New Applications for Up to 120 Days
Clackamas County commissioners have set in motion a temporary ban on new data centers, overriding a staff recommendation to wait for the Legislature...
Grainger Opens 550,000 SQFT Northwest Distribution Center at Gresham Vista, Landing 150 Jobs
The opening of Grainger's Northwest Distribution Center caps a partnership among the Port of Portland, developers Specht and Colas, and one of the...
Tourmaline Capital Acquires 384,000 SQFT South Sound Center in Lacey for $44.1MM
Tourmaline Capital paid $44.1 million for the Trader Joe’s-anchored Lacey shopping center, ending Capital Development Company’s roughly 60-year ownership and betting that Puget...
Puget Sound’s Industrial Construction Pipeline Craters 93% Even as Spec Deliveries Flood a 12.6% Vacancy Market
A cluster of large speculative projects delivered or broke ground across the Puget Sound in the second quarter even as developers slammed the...
Genentech to Invest $750MM to Double Hillsboro Manufacturing Campus
Genentech will invest approximately $750 million to double its Hillsboro, Oregon manufacturing campus with a new device fill-finish facility, adding 250 jobs as...
Free Geek Moves Into 17,430 SQFT Portland Industrial Building Amid Tight Close-In Market
Free Geek is relocating from its 1731 SE 10th Avenue site to a 17,430-square-foot industrial building three blocks away at 1700 SE Grand...
Clackamas County Advances Data Center Moratorium, Pausing New Applications for Up to 120 Days
Clackamas County commissioners have set in motion a temporary ban on new data centers, overriding a staff recommendation to wait for the Legislature...
Grainger Opens 550,000 SQFT Northwest Distribution Center at Gresham Vista, Landing 150 Jobs
The opening of Grainger's Northwest Distribution Center caps a partnership among the Port of Portland, developers Specht and Colas, and one of the...
EDP Renewables Advances $1B Big River Wind-Solar-Storage Project in Oregon’s Gilliam County
EDP Renewables North America has proposed a roughly $1 billion, nearly 30,000-acre Big River wind, solar and battery storage project in Gilliam County...
Gorman & Co. Advances 159-Unit, $80MM Veritas Place in Portland’s Lloyd District
Gorman & Co. and the Dominican Friars have filed plans for Veritas Place, a 159-unit, $80 million affordable housing community in Portland’s Lloyd...
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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...
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Seattle Leads Nation in Home-Sales Retreat as Tech-Job Fears Freeze Buyers
Seattle posted the steepest drop in pending home sales of any major U.S. metro in July, as anxiety over tech-sector layoffs and artificial...
Sound Transit Lays Out 2042 Path to Ballard Light Rail, Contingent on Closing a $9 Billion Gap
Sound Transit has sketched a route to open light rail all the way to Seattle's Ballard neighborhood by 2042, but the timeline hinges...
Vanbarton Wins Approval to Convert Historic 2601 Elliott Avenue Into 260 Seattle Apartments
A distressed office tower that Zulily abandoned after its post-IPO struggles has won conditional city approval to become 260 apartments, giving Vanbarton Group’s...
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...
A Shot in the (Life Science) Arm for Puget Sound
Eli Lilly’s $1.5 billion cash deal for Bothell-based Curevo Vaccine is the kind of validating, capital-attracting exit Puget Sound’s life sciences cluster has...
The Data Center Bargain: What Every Town Should Demand
Free power. Free heat. Clean water. The bargain every town should be demanding. By Billy the Broker (I just want to stay anonymous)...
Public Storage Pays $10.5MM for 67,000 SQFT Money Saver Mini Storage Site in Arlington
Public Storage closed on a $10.5 million purchase of the independently owned Money Saver Mini Storage & Commercial Space in Arlington, folding the...
Rialto Denies Hudson Pacific’s Second Bid to Restructure $101MM Hill7 Loans in Seattle
Rialto Capital has rejected Hudson Pacific Properties' second attempt to restructure the $101 million in debt tied to its half-empty Hill7 tower in...
Pacific Northwest Holds Top-Tier Data Center Rank as AI Boom Races to Frontier Markets
The Pacific Northwest remains one of North America's ten largest data center markets with 4,170 megawatts of capacity, but JLL's Midyear 2026 report...
Mayor Wilson Signs Seattle SEPA Appeals Reform Into Law, Citing Housing Affordability
Seattle Mayor Katie Wilson formalized a rule change that redirects environmental appeals of major rezones away from the city’s Hearing Examiner and toward...
EDP Renewables Advances $1B Big River Wind-Solar-Storage Project in Oregon’s Gilliam County
EDP Renewables North America has proposed a roughly $1 billion, nearly 30,000-acre Big River wind, solar and battery storage project in Gilliam County...
Bridge Partners Affiliate Buys 195-Unit Cascadia at Fairwood Landing in Renton for $47.5MM
A Bridge Partners affiliate paid $47.5 million for the renovated Renton apartment complex, roughly $13.5 million less than Sack Properties paid for the...
Gorman & Co. Advances 159-Unit, $80MM Veritas Place in Portland’s Lloyd District
Gorman & Co. and the Dominican Friars have filed plans for Veritas Place, a 159-unit, $80 million affordable housing community in Portland’s Lloyd...
Mukilteo Launches Developer Search to Transform 1.19-Acre Waterfront Site Near State’s Busiest Ferry Route
The City of Mukilteo opened a search for a development partner to remake a 1.19-acre city-owned parcel between Lighthouse Park and one of...
