Norwegian Cruise Line Locks In Seattle Through 2035 in Lease Worth Up to $316MM
Port of Seattle commission’s amended agreement ties extension options to decarbonization milestones, signaling how environmental performance is reshaping cruise tenancy in the Pacific...
Commercial Brokers Association Taps Washington REALTORS Veteran Mary Hull-Drury as President and CEO
The Lynnwood-based commercial real estate cooperative hands its top job to a longtime Olympia lobbyist as the Pacific Northwest market navigates record office...
Seattle Social Housing Developer to Buy 150-Unit Elara at the Market in Seattle’s Belltown for $60MM
The first major acquisition by the voter-created public housing authority puts Prop 1A tax revenue to work in one of downtown Seattle’s tightest...
Quarterra Files Plans for 294-Unit Emblem Community on 17.3-Acre Bickford Site in Snohomish
TPG-recapitalized Quarterra targets one of the Puget Sound’s tightest submarkets with another addition to its attainable-housing brand. Charlotte-based Quarterra has filed a Site...
Sagard Real Estate Expands Multifamily Portfolio with 222-Unit Acquisition in Monroe
SEATTLE–Sagard Real Estate (SRE), a leading U.S.-based real estate investment advisor and subsidiary of Sagard, a global multi-strategy alternative asset management firm, today...
Spruce Street School Clears Permit Hurdle for 20,000 SQFT First Hill Campus Conversion
The 43-year-old private elementary school will trade its leased Denny Triangle home for an owned First Hill building, with classes targeted to begin...
Eastern Washington Apartment Market Cools in Q1 With Sales Volume Sliding 78% From Q4
Q1 transactions drop to 14 deals worth $33 million as vacancy ticks down to 7.8 percent and operators brace for a summer leasing...
Seattle Council Lifts Cap on Tiny House Villages to 150, Clears Path for 250-Resident Sites
Unanimous vote on third bill in Mayor Wilson’s shelter acceleration package puts a one-year clock on a 50 percent capacity bump and authorizes...
Central City Concern Acquires 160,000 SQFT Everett Building in Portland Old Town for $11MM
Nonprofit’s purchase of former NWEA headquarters lands at 77 percent below the property’s 2015 trade, marking the latest fire-sale benchmark for downtown Portland...
Portland Posts Nation’s Second-Worst Metro Construction Loss as Oregon Sheds 1,900 Jobs
The Portland-Vancouver-Hillsboro metro lost 4,900 construction jobs over the year ending March, ranking 359th of 360 U.S. metros in absolute losses and trailing...
Washington Construction Payrolls Stall as Seattle-Tacoma-Bellevue Sheds 2,200 Jobs
Statewide employment held flat at 214,600 in March even as the Puget Sound’s largest metro continued a year-long contraction, deepening regional concerns about...
PMF Investments Lists 2.86-Acre Redmond Inn Assemblage as Mixed-Use Redevelopment Play Near Microsoft
The Bellevue investor, which paid $20.2 million for the 137-room hotel and adjacent Family Pancake House two years ago, has tapped Newmark to...
Newmark Folds Oregon Capital Markets Team Into Bay Area Platform to Channel California Investor Flow
The realignment positions James Childress and Kellen Kollmorgen alongside Steven Golubchik as Portland courts Bay Area institutional buyers chasing yield in secondary markets....
Central City Concern Acquires 160,000 SQFT Everett Building in Portland Old Town for $11MM
Nonprofit’s purchase of former NWEA headquarters lands at 77 percent below the property’s 2015 trade, marking the latest fire-sale benchmark for downtown Portland...
Portland Posts Nation’s Second-Worst Metro Construction Loss as Oregon Sheds 1,900 Jobs
The Portland-Vancouver-Hillsboro metro lost 4,900 construction jobs over the year ending March, ranking 359th of 360 U.S. metros in absolute losses and trailing...
Portland Hotels Limp Into 2026 as Downtown Distress Collides With Suburban Strength
National hotel performance is finally turning the corner, but Portland’s recovery remains stuck in the slow lane as international travel falters and downtown...
New Blueprint, Rabina Land $75MM Loan to Launch 250-Unit First Phase at Former HP Campus in Vancouver
Six-year transformation of 180-acre Vancouver Innovation Center pivots from office park renovation to ground-up residential, with another 1,000 units in the pipeline. After...
154,600 SQFT Meadowlark Industrial Center in Portland’s Sunset Corridor Trades for $30MM
Fully leased, Class A industrial asset totaling 154,646 square feet trades in one of the region’s most established advanced manufacturing submarkets Portland, Ore.,...
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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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Norwegian Cruise Line Locks In Seattle Through 2035 in Lease Worth Up to $316MM
Port of Seattle commission’s amended agreement ties extension options to decarbonization milestones, signaling how environmental performance is reshaping cruise tenancy in the Pacific...
Seattle Lands Among Top Five Global AI Office Markets Despite Rising Vacancy
Tech tenants leased increasing volumes of Seattle office space in 2025 as AI demand pushed the metro into the top tier of global...
Pacific Northwest Office Vacancy Eases to 16.79% as Tech Tenants Drive Q1 2026 Leasing Surge
OpenAI, Uber, Meta and General Motors anchored a quarter of large deals across Seattle and Bellevue as conversions thin the obsolete stock Leasing...
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)...
The Geography of Want: Why Starbucks Can’t Drag Its People to Nashville
By Billy the Broker (I just want to stay anonymous) There’s an old joke about the Boston banker who, told he must relocate...
McNellis: F*** Real Estate?
Publisher’s Note What began over a decade ago as a series of candid, sharp-witted articles written for The Registry has grown into one of the...
March’s Jobs Report and the Art of Misdirection
Behind the rosy March employment headline, a quiet exodus: nearly 400,000 Americans gave up on the job market in a single month. By...
The Seven Bills Governor Ferguson Signed That Actually Matter (For Our Industry)
By Billy the Broker (I just want to stay anonymous) There’s an old magician’s trick—old as in Roman Coliseum old—called misdirection. While the...
The Buyer Who Wasn’t There
The record gap between home sellers and buyers reveals a tale of two Americas—Sun Belt markets drowning in oversupply while Northern cities with...
Portland Hotels Limp Into 2026 as Downtown Distress Collides With Suburban Strength
National hotel performance is finally turning the corner, but Portland’s recovery remains stuck in the slow lane as international travel falters and downtown...
New Blueprint, Rabina Land $75MM Loan to Launch 250-Unit First Phase at Former HP Campus in Vancouver
Six-year transformation of 180-acre Vancouver Innovation Center pivots from office park renovation to ground-up residential, with another 1,000 units in the pipeline. After...
JP Morgan Pulls Plug on $1.4B Core-Plus Real Estate Fund, Putting Seattle Office Towers Back in Spotlight
The 24-year-old US Real Estate Income and Growth vehicle leaves behind a Denny Triangle footprint that once anchored the West Coast’s biggest office...
Washington’s Top-Producing CVS Hits Market in Puyallup at $8.89MM, 5.5% Cap
The 17,272-SQFT pharmacy at a Pierce County hard corner is being offered at pricing roughly 100 basis points inside the Q1 2026 single-tenant...
Renton Bets $10MM on Downtown Reinvention as HEART Block Opens June 6 with World Cup in Sight
The city’s long-planned trifecta—Legacy Square, Piazza Park, and the Renton Market—debuts June 6, converting a former auto dealership and a vacant gravel lot...
Bellingham Clears 38-Unit Tull 3 Development With 30,000 SQFT Commercial Pad on Meridian
The City of Bellingham has signed off on environmental review for one of the next pieces of Meridian Street’s ongoing residential and retail...
Washington National Guard Announces Groundbreaking on $57.6MM Joint Force Headquarters at Camp Murray in Tacoma
The long-delayed Tacoma-area facility will consolidate senior military leadership and staff currently scattered across aging buildings into a single command campus by summer...
Sound Transit Chair Floats Scaled-Back Ballard Link, Issaquah Delay To Close $34.5B Gap
Resolution R2026-11 would truncate the region’s highest-ridership light rail line at Seattle Center and push the South Kirkland-to-Issaquah extension to 2050 Sound Transit...
