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CommercialFinanceIndustry News

King County Hospital District 2 Buys 100,000 SQFT Evergreen Medical Office in Kirkland for $69.9MM

King County’s public hospital district has bought its way out of a landlord relationship at one of its busiest outpatient buildings, paying $69.9...

Sequel Investment Company, Evergreen Gavekal Pay $35.05MM for 95-Unit East Howe Steps in Seattle’s Eastlake

IPA brokers the $35.05MM sale of East Howe Steps, a 95-unit mixed-use Eastlake apartment complex, and arranges acquisition financing.

513,864 SQFT Multi-Tenant Spokane Valley Industrial Building Hits the Market

CBRE markets a 513,864-square-foot multi-tenant Spokane Valley industrial building anchored by Pepsi and US Foods on a best-offer basis.

Trammell Crow Cuts Bellevue Gateway One Apartment Plan to 279 Units, Nearly Doubles Affordable Housing

A year after first floating a 321-unit apartment tower atop a Bellevue office campus, Trammell Crow Residential has filed formal land use applications...

TCC Breaks Ground on 295,000 SQFT Phase II of Sewell Corporate Park in Hillsboro

Trammell Crow Company is doubling down on Hillsboro’s tech corridor even as the broader Portland industrial market posts its weakest leasing activity since...

Fourth Avenue Capital Buys 87-Unit Steppe Apartments in Bend for $20MM

CBRE brokered the sale of a brand-new, 87-unit apartment community in Bend, Oregon at a per-unit price below what a similar Bend property...

71-Unit Mixed-Use Camelia on Bainbridge Trades for $26.83MM to Local Investment Firm

An international seller handed off Camelia on Bainbridge, a 71-unit apartment and retail property in the heart of Winslow, to a local multifamily...

AECFeaturedIndustry NewsPortland

Oregon Ranks Third in the Nation for School Battery Storage, New Report Finds

A new national census of clean energy in K-12 schools ranks Oregon third in the country for battery storage and places Washington among...

FinanceIndustry NewsRetail

24,261 SQFT Krafter’s Land-Leased Retail Building in Lynnwood Offered at $8.3MM

Priced at $342 per square foot, the fully leased Krafter’s Land Cabinetry building sits on a signalized 196th Street corridor alongside Trader Joe’s...

CommercialFinanceIndustry NewsRetail

Maverick Gaming to Shutter Two Tukwila Casinos, Cutting 238 Jobs and Emptying Buildings Sold in Previous $205MM Portfolio Sale-Leaseback

Kirkland-based Maverick Gaming will go dark at two adjacent Tukwila cardrooms on Nov. 1, eliminating 238 jobs and handing back a pair of...

AECCommercialIndustry News

Intuitive Health Plans 13,000 SQFT Freestanding ER in West Seattle’s Triangle

Permit filings have finally named the health-care operator behind a long-rumored redevelopment of a vacant West Seattle clinic site, ending months of speculation...

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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.

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AECIndustrialIndustry NewsLeasingPortland

TCC Breaks Ground on 295,000 SQFT Phase II of Sewell Corporate Park in Hillsboro

Trammell Crow Company is doubling down on Hillsboro’s tech corridor even as the broader Portland industrial market posts its weakest leasing activity since...

Fourth Avenue Capital Buys 87-Unit Steppe Apartments in Bend for $20MM

CBRE brokered the sale of a brand-new, 87-unit apartment community in Bend, Oregon at a per-unit price below what a similar Bend property...

Oregon Ranks Third in the Nation for School Battery Storage, New Report Finds

A new national census of clean energy in K-12 schools ranks Oregon third in the country for battery storage and places Washington among...

FPA Multifamily Buys 352-Unit Cyan PDX in Downtown Portland for $61MM

A trophy downtown Portland high-rise has changed hands at a steep discount to its last sale, a repricing that lines up with a...

Portland Multifamily Supply Collapses to 2,550 Units as Institutional Capital Returns Ahead of Recovery

Portland's apartment construction pipeline has fallen roughly 80 percent from its 2022 peak while renters keep absorbing units, and the institutional capital that...

The Pacific Northwest Now Has the Nation’s Smallest New Apartments

Seattle, Portland and Tacoma occupy the three smallest spots on the national apartment-size ranking, the product of a building cycle across the Pacific...

Pacific Northwest Commercial Real Estate News

PNW CRE Rising Stars

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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The Pacific Northwest Now Has the Nation’s Smallest New Apartments

Seattle, Portland and Tacoma occupy the three smallest spots on the national apartment-size ranking, the product of a building cycle across the Pacific...

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...

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CommercialContributorsFeaturedFinanceIndustry NewsRetail

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.

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CommercialContributorsFeaturedFinanceIndustry News

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,...

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CommercialContributorsFeaturedIndustry NewsLeasing

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...

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CommercialContributorsFinanceIndustry News

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...

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ContributorsFeaturedFinanceIndustry NewsLife Science

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...

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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)...

FPA Multifamily Buys 352-Unit Cyan PDX in Downtown Portland for $61MM

A trophy downtown Portland high-rise has changed hands at a steep discount to its last sale, a repricing that lines up with a...

Portland Multifamily Supply Collapses to 2,550 Units as Institutional Capital Returns Ahead of Recovery

Portland's apartment construction pipeline has fallen roughly 80 percent from its 2022 peak while renters keep absorbing units, and the institutional capital that...

The Pacific Northwest Now Has the Nation’s Smallest New Apartments

Seattle, Portland and Tacoma occupy the three smallest spots on the national apartment-size ranking, the product of a building cycle across the Pacific...

John Burns Maps a Drawn-Out Building Products Recovery as Tech Wealth Skips Home Improvement

At a webinar on the state of building products, John Burns Research and Consulting principal Nishu Sood urged manufacturers and dealers to plan...

VIDA Coworking to Open 10,000 SQFT Location at Montgomery Park for Third Portland-Area Location

VIDA Coworking will open its third Portland-area location this October inside NW Portland’s historic Montgomery Park building, extending the women-focused flexible office operator...

Community Roots Housing and Kids Co. Begin 8,000 SQFT Early Learning Center Buildout at CopperLeaf Northgate in Seattle

Construction has begun on a purpose-built child care center inside the ground floor of a fully leased affordable housing community steps from Link...

Pacific Northwest Data Centers Hit Near-Zero Vacancy as CBRE Reports Record 1.4% Demand in H1 2026

A CBRE webinar previewing the firm's North America Data Center Trends report for the first half of 2026 laid out an unprecedented supply...

REACH, Mercy Housing Near Finish on 81-Unit, $52MM Camas Meadows Affordable Community in Beaverton

REACH Community Development and Mercy Housing Northwest are putting the finishing touches on Camas Meadows, a transit-adjacent affordable community in Beaverton stitched together...

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