Issaquah School District Breaks Ground on Scaled-Down $168MM Choice High School After Twice-Failed Bonds
Priced out of a full comprehensive campus by construction inflation and two rejected bond measures, the Issaquah School District has started building a...
US Forest Service Awards $105.5MM in Wood Innovation Grants, $6MM Backing Pacific Northwest Mills
The U.S. Forest Service has awarded $105.5 million in wood innovation grants to 177 projects across 44 states, with Oregon and Washington sawmills,...
Movement, Sky Zone, Kids Empire to Fill 120,000 SQFT Former Nordstrom at Clackamas Town Center
A climbing gym, a trampoline park and an indoor children's playground are splitting up the 120,000-square-foot former Nordstrom at Clackamas Town Center, turning...
JFP Partners Named Receiver for Three More Martin Selig Buildings in Seattle’s Lower Queen Anne
The transfer pushes the once-dominant Seattle landlord’s receivership tally past 20 buildings and seven parking lots in just over a year, a rollup...
LendingTree Signs 39,000 SQFT Lease at Hudson Pacific’s 83 King in Pioneer Square
The nearly 40,000-square-foot commitment arrives in a Seattle submarket still carrying vacancy above 28 percent, making it a notable vote of confidence in...
Bellevue School District Files Permit for $150MM Interlake High School Modernization
The application would let the district demolish modular classrooms and aging infrastructure across the 36-acre campus and consolidate instruction into a single secured...
Wallace Properties Files Design Review for 445-Unit East Phase of Bellevue North
The filing would replace a retail shopping center with two residential towers and ground-level commercial space near Bellevue’s downtown core. Wallace Properties has...
Public Storage Buys Five Money Saver Mini Storage Sites in Portland Metro for $54.15MM
Public Storage buys five Money Saver Mini Storage sites across Portland for $54.15 million, extending a Pacific Northwest rollup.
Timberlane Partners Acquires 91-Unit Vista Ridge in Issaquah for $37MM
Timberlane Partners has expanded its Eastside footprint with the $37 million purchase of Issaquah's 91-unit Vista Ridge apartments from Vancouver-based Belkorp Holdings, backing...
JLL Markets Philips’ 57-Acre Bothell Campus for Industrial Redevelopment of Up to 566,000 SQFT
Dutch health-technology giant Philips has retained JLL to sell its longtime 57-acre Bothell campus, offering developers a fully leased office and R&D complex...
Goodman Real Estate Lists 374-Unit Icon and Addison Apartment Portfolio in Seattle’s International District
Goodman Real Estate has put two adjacent International District apartment buildings — the 120-unit Icon and the 254-unit Addison on Fourth, separated by...
Essex Property Trust Settles RealPage Rent-Algorithm Antitrust Case for $36.5MM
Essex Property Trust used its second-quarter earnings report to disclose it had fully resolved the closely watched antitrust claims tied to RealPage’s rent-setting...
US Forest Service Awards $105.5MM in Wood Innovation Grants, $6MM Backing Pacific Northwest Mills
The U.S. Forest Service has awarded $105.5 million in wood innovation grants to 177 projects across 44 states, with Oregon and Washington sawmills,...
Movement, Sky Zone, Kids Empire to Fill 120,000 SQFT Former Nordstrom at Clackamas Town Center
A climbing gym, a trampoline park and an indoor children's playground are splitting up the 120,000-square-foot former Nordstrom at Clackamas Town Center, turning...
Public Storage Buys Five Money Saver Mini Storage Sites in Portland Metro for $54.15MM
Public Storage buys five Money Saver Mini Storage sites across Portland for $54.15 million, extending a Pacific Northwest rollup.
RAJ Sports Opens $150MM Kaiser Permanente Performance Center for Thorns, Fire in Hillsboro
RAJ Sports has opened a 63,000-square-foot, dual-sport training campus in Hillsboro, Oregon for the Portland Thorns and the WNBA’s expansion Portland Fire, backed...
USTA Pacific Northwest Lands Long-Term Lease for Portland Tennis Center With $2.3MM Overhaul
Portland Parks & Recreation is handing day-to-day control of one of the city’s signature recreational assets to a nonprofit tennis organization, a deal...
6.44-Acre Gateway Development Site in Portland Listed for $19.99MM
SVN Imbrie is marketing the 31-parcel, shovel-ready assemblage with completed street infrastructure and zoning for buildings up to 120 feet tall, pitching it...
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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 Launches $5MM Program to Help Legacy Homeowners Build ADUs
Backed by a $5 million HUD grant, Seattle’s planning department is building consultants, a debt-free co-development pilot, and an updated property-lookup tool to...
Bellevue’s Factoria Plan Targets 42.5% Office Vacancy Along I-90 for Mixed-Use Redevelopment
Bellevue’s Planning Commission will weigh a Comprehensive Plan amendment for a district where office vacancy along Interstate 90 has climbed above 40 percent...
Downtown Seattle Sets Recovery Records as Office Vacancy Climbs Near 35%
The Downtown Seattle Association’s July data shows apartment occupancy, hotel demand and transit ridership all beating or matching pre-pandemic benchmarks, even as office...
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)...
MG Properties Pays $53MM for 164-Unit Woodcreek Apartments in Lynnwood
The acquisition marks MG Properties’ latest move in a Seattle-area buildout that has added roughly a dozen communities since 2015, following its $95.6...
Waterton Acquires 344-Unit Arrivé High-Rise in Seattle’s Belltown for $155MM
Waterton plans a light value-add renovation of Arrivé’s lobby, amenities and units, betting on Belltown’s walkable access to Amazon, Google and Apple even...
RAJ Sports Opens $150MM Kaiser Permanente Performance Center for Thorns, Fire in Hillsboro
RAJ Sports has opened a 63,000-square-foot, dual-sport training campus in Hillsboro, Oregon for the Portland Thorns and the WNBA’s expansion Portland Fire, backed...
T-Mobile Cuts 77 Jobs, Fully Exits Bothell’s Canyon Pointe Office Campus
T-Mobile is walking away from the last of its office space at a Bothell campus it once occupied in full, a real estate...
Varamini Family Plans Sid’s Tavern Sports Bar in Former Burbs Burgers Space Near Lumen Field
The family behind Gantry Public House has filed to open a second sports bar and restaurant, Sid’s Tavern, in a vacant Pioneer Square...
Wallace Ranch Nears Plat Approval for First Riverfront Lots on Cle Elum Cattle Ranch
Kittitas County records show the Wallace family’s push to develop part of its longtime cattle ranch along the Yakima River involves far more...
Cristo Rey Seattle Locks Down Rainier Beach Land for $3.6MM Ahead of $15MM Campus Expansion
As the Cristo Rey Network marks 30 years of subsidized Catholic education nationally, its Seattle campus is cementing its own future with a...
Seattle Launches $5MM Program to Help Legacy Homeowners Build ADUs
Backed by a $5 million HUD grant, Seattle’s planning department is building consultants, a debt-free co-development pilot, and an updated property-lookup tool to...