Lytle Enterprises Sells 182-Unit Fairwinds Brighton Court Seniors Housing Community in Lynnwood for $53MM
JLL Capital Markets led the sales efforts for Fairwinds Brighton Court, a 182-unit community in Lynnwood, Washington (Editor’s Note: According to Snohomish County...
Perkins & Co Signs 11-Year Lease at First & Main in Portland, Downsizing to 30,000 SQFT
After nearly 20 years at PacWest Center, the firm is taking less space in a better building — a move that reflects both...
Saxum Lands 50-Year Port of Tacoma Ground Lease for $250MM, 574,000-SQFT Cold Storage Complex
The Port of Tacoma has cleared the way for one of the Tideflats’ largest industrial bets in years, approving a half-century ground lease...
Seattle Construction Costs Rising at One-Third the National Rate in Q1 2026
Mortenson’s Q1 2026 Cost Index reveals a market where contractor competition is doing what supply chains alone cannot — keeping a lid on...
King County Pays $12.2MM for 50,390 SQFT Warehouse in Renton
King County Locks In Renton Industrial Asset at Cycle Low as Kent Valley Vacancy Hits Regional High King County has moved to secure...
Green Light Housing Acquires 160-Unit Carriage House Apartments in Vancouver, Wash. for $35.45MM
Green Light Housing, an Oregon-based affordable and workforce housing developer, has crossed the Columbia River into Washington State with its $35.45 million acquisition...
Under Armour Closes Flagship Portland Footwear Office, Consolidating Operations in Baltimore
Under Armour is shutting down its flagship Portland office and consolidating the bulk of its footwear innovation and design operations in Baltimore, retreating...
Fully Leased Multi-Tenant Retail Complex at Bonney Lake’s Mountain View Marketplace Sells for $9.2MM
A Florida developer who assembled a pad at one of Pierce County’s most active retail centers, built it out, leased it up, and...
Colossus Data Center Advisors Files Plans for 45,600 SQFT Facility at Seattle’s Starbucks Center
A small advisory firm has filed plans to convert former retail space inside Seattle’s Starbucks Center into a data center — a proposal...
Tacoma Public Schools Files Plans for $42MM IDEA High School in McKinley Neighborhood
Tacoma Public Schools has filed pre-development documents for a new $42 million IDEA High School in the city’s McKinley neighborhood, advancing the most...
Seattle’s Nitze-Stagen Abandons New Office Bets, Doubles Down on Multifamily as Downtown Vacancy Hits 35.1%
Nitze-Stagen & Co., the contrarian Seattle developer that built its name buying office property no one else wanted, has stopped chasing new office...
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...
Perkins & Co Signs 11-Year Lease at First & Main in Portland, Downsizing to 30,000 SQFT
After nearly 20 years at PacWest Center, the firm is taking less space in a better building — a move that reflects both...
Under Armour Closes Flagship Portland Footwear Office, Consolidating Operations in Baltimore
Under Armour is shutting down its flagship Portland office and consolidating the bulk of its footwear innovation and design operations in Baltimore, retreating...
Groundbreaking Commences on Portland Public Schools’ $470MM Cleveland High Rebuild
Portland Public Schools has started demolition and construction on an all-new, all-electric Cleveland High School in Southeast Portland, a project carrying a price...
Lennar Trims Buyer Incentives for First Time in Three Years as Tech Job Jitters, Data Center Boom Reshape Northwest Housing Math
Lennar’s second-quarter results showed sales incentives falling for the first time in three years, a tentative sign of margin recovery that arrives as...
23,700 SQFT Hillsboro Medical Office Leased to Tuality Healthcare Comes to Market at $10.3MM
A 23,654 square foot medical office building in Hillsboro, Oregon leased on a single-tenant triple-net basis to Tuality Healthcare — the community health...
Related Northwest and Centro Cultural Open 159-Unit Alder 9 Affordable Housing Community in Portland’s Central Eastside
Related Northwest and Centro Cultural have completed Alder 9, a 159-apartment affordable housing community in Portland’s Central Eastside that pairs deeply affordable rents...
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 ReadingSeattle Construction Costs Rising at One-Third the National Rate in Q1 2026
Mortenson’s Q1 2026 Cost Index reveals a market where contractor competition is doing what supply chains alone cannot — keeping a lid on...
CalPERS Deploys $2.95B Across Real Estate and Infrastructure, Anchored by $2B Top-Up to GIP Redwood Platform
The California Public Employees’ Retirement System has approved nearly $3 billion in new real assets commitments, concentrating the bulk of its firepower on...
National Lab Market Turns the Corner, But Seattle Risks Being Left Behind in Uneven Recovery
The U.S. life sciences real estate market has finally bottomed out after four years of turbulence, according to JLL’s new national lab report,...
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)...
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...
107-Unit University Place Multifamily Community Listed at $18MM with Below-Market Seller Financing
A 107-unit apartment community in University Place has come to market at $18 million, paired with below-market seller financing designed to hand a...
Receiver Pursues Refinancing Instead of Sale for Tacoma Armory as Tacoma Arts Live Winds Down Operations
Court-appointed receiver Shelly Crocker is pursuing a refinancing of the Tacoma Armory’s nearly $5 million in debt rather than selling the historic 1908...
172-Unit Senior Apartment Building Planned in Downtown Redmond Adjacent to Anderson Park
The ownership group behind a downtown Redmond hotel is pivoting to senior housing, with plans to build a 172-unit, six-story active adult apartment...
Inland Group Plans 294-Unit Affordable Apartment Tower Near Lynnwood Light Rail
Inland Group plans a 294-unit affordable apartment building in Lynnwood on a parking site linked to Nitze-Stagen, less than a mile from the...
Onward Investors Sells 113,500 SQFT South Lind Square Flex Office Park in Renton for $20.8MM
A Mercer Island private buyer has acquired South Lind Square, a fully leased 16-tenant flex office park in Renton, for $20.8 million —...
Intercontinental Real Estate Corporation Sells Roosevelt Commons Office Complex in Seattle’s U-District for $27MM, 83% Discount to 2019 Value
A Seattle-area private buyer has acquired the full Roosevelt Commons office complex in the University District for $27 million — paying approximately $118...
Downtown Seattle Association Report Blames JumpStart Payroll Tax for Downtown’s Decline as Backers Defend $388MM Revenue Engine
A new Downtown Seattle Association report argues that Seattle’s five-year-old JumpStart payroll tax has helped push jobs, employers and office value across Lake...
Great Expectations Closes 102-Unit Puyallup Affordable Housing Project Without Tax Credits
A 102-unit affordable housing development in Puyallup has closed financing without Low-Income Housing Tax Credits therough the combination of recycled tax-exempt bonds, a...
