13,000 SQFT Tualatin Industrial Site on Highway 99W Sells for $4.2MM, Topping 3Q Pricing at $329 Per SQFT
A small industrial building with yard storage on Tualatin's Highway 99W sold between private parties for $329 per square foot, roughly double the...
O’Reilly Auto Parts Leases 9,000 SQFT at Raleigh West Shopping Center in Portland’s Sylvan/Hillsdale
The auto parts chain's 8,878-square-foot deal at a late-1960s strip center on Beaverton-Hillsdale Highway ranked among the Portland market's three largest retail leases...
Westside Behavior Therapy Buys 18,000 SQFT Twin Oaks Plaza in Beaverton for $4.1MM
Westside Behavior Therapy pays $4.1 million, or $227.78 per square foot, to own its space in a Washington County submarket where direct office...
Alo Yoga Targets 7,500 SQFT Former Old Navy Space at Downtown Seattle’s O’Shea Building for First City Store
Los Angeles athleisure brand Alo Yoga has filed plans to convert the long-vacant former Old Navy space at 511 Pine St. into a...
La Pulga Market Leases 8,000 SQFT at Gresham Plaza, Giving Gresham Two of Portland’s Top Three Q3 Retail Deals
A specialty market's August commitment at the Powell Boulevard center gave Gresham two of the Portland market's three largest retail leases in the...
Mill Pond Development Site in Olympia Hits Market for $3.5MM With Plans for 90 Apartments
A Thurston County parcel zoned Neighborhood Village has hit the market for $3.5 million with plans for 15 one-bedroom, 60 two-bedroom and 15...
5 Cedars Buys 21,000 SQFT Belcher-Vancouver Building in Cascade Park for $3.5MM
5 Cedars, LLC acquires a fully leased, 20,904-square-foot Class B office building near SE Mill Plain Boulevard as Cascade Park posts one of...
Private Buyer Pays $4.3MM for 26,000 SQFT Mason Street Commons Cold-Storage Warehouse in Portland’s East Columbia Corridor
A freestanding cold-storage-equipped warehouse near Airport Way traded between private parties for $4.3 million, modestly above its 2018 price, as the East Columbia...
Bell Partners Acquires 261-Unit Leva on Market in Seattle’s Ballard for $94.8MM
Greensboro, North Carolina-based Bell Partners has expanded its Puget Sound portfolio with the $94.8 million purchase of Leva on Market, a 2008-vintage mixed-use...
Nitze-Stagen Lands Up to $97.5MM Prime Finance Bridge Loan on 396-Unit 900 Rainier, 59,000 SQFT Historic Office in Seattle
Nitze-Stagen's O.Z. Navigator venture has tied its newly opened 396-unit 900 Rainier apartments and the century-old 1130 Rainier office building in Central Seattle...
Kauri Investments Lands $30.8MM Refinancing for 172-Key Hyatt House Seattle/Downtown
The five-year floating-rate loan, paired with a custom interest-rate hedge, comes as the Seattle developer finishes a major renovation of the 2015-built extended-stay...
Eastside’s 14.7MM SQFT Office Pipeline Still Has Zero Pre-Leasing as Supply Freeze Props Up Bellevue Recovery
Broderick Group's third-quarter report still counts roughly 14.7 million square feet of proposed office development across the Eastside, none of it pre-leased, and...
13,000 SQFT Tualatin Industrial Site on Highway 99W Sells for $4.2MM, Topping 3Q Pricing at $329 Per SQFT
A small industrial building with yard storage on Tualatin's Highway 99W sold between private parties for $329 per square foot, roughly double the...
Westside Behavior Therapy Buys 18,000 SQFT Twin Oaks Plaza in Beaverton for $4.1MM
Westside Behavior Therapy pays $4.1 million, or $227.78 per square foot, to own its space in a Washington County submarket where direct office...
O’Reilly Auto Parts Leases 9,000 SQFT at Raleigh West Shopping Center in Portland’s Sylvan/Hillsdale
The auto parts chain's 8,878-square-foot deal at a late-1960s strip center on Beaverton-Hillsdale Highway ranked among the Portland market's three largest retail leases...
La Pulga Market Leases 8,000 SQFT at Gresham Plaza, Giving Gresham Two of Portland’s Top Three Q3 Retail Deals
A specialty market's August commitment at the Powell Boulevard center gave Gresham two of the Portland market's three largest retail leases in the...
Private Buyer Pays $4.3MM for 26,000 SQFT Mason Street Commons Cold-Storage Warehouse in Portland’s East Columbia Corridor
A freestanding cold-storage-equipped warehouse near Airport Way traded between private parties for $4.3 million, modestly above its 2018 price, as the East Columbia...
5 Cedars Buys 21,000 SQFT Belcher-Vancouver Building in Cascade Park for $3.5MM
5 Cedars, LLC acquires a fully leased, 20,904-square-foot Class B office building near SE Mill Plain Boulevard as Cascade Park posts one of...
Salad Days Are Over: Why Protein and Caffeine Are Winning the Restaurant Real Estate Race
By John Cumbelich October 5, 2026 – True Food Kitchen files for bankruptcy. Is anyone shocked by the news that yet another salad...
Eastside Sublease Space Jumps 14% to Nearly 1.3MM SQFT on Meta and Bungie Givebacks as Downtown Seattle’s Shrinks 20%
Sublease availability is moving in opposite directions across Lake Washington, rising 13.6 percent on the Eastside as Meta and Bungie put large blocks...
Prologis Runs Seattle Portfolio at 97.7% Occupancy as Puget Sound Industrial Vacancy Climbs to 12%
Prologis declared that excess warehouse capacity has largely cleared nationwide, but its third-quarter results arrive as Puget Sound vacancy keeps climbing and a...
Salad Days Are Over: Why Protein and Caffeine Are Winning the Restaurant Real Estate Race
By John Cumbelich October 5, 2026 – True Food Kitchen files for bankruptcy. Is anyone shocked by the news that yet another salad...
Dinked: Have We Hit Peak Pickleball?
The Picklr’s Chapter 11 filing, driven by lease guarantees on roughly 40 franchise locations, may be the first sign that indoor pickleball’s real...
The First Footprints in the Snow
AI's hit to jobs looks like a rounding error—until you see who's in the oven: gutted call centers and vanishing entry-level work. Narrow...
McNellis: Economists vs. Flipping Coins
Economist: {noun}: someone good with numbers but without enough personality to be an accountant.
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,...
Manufacturer Leases Full 266,000 SQFT Prologis Park SeaTac 3 in Des Moines, Filling Prologis’ Des Moines Creek Portfolio
The deal removes about 266,000 square feet of large-format space from the market as speculative construction slows and leasing in the region rises...
Nitze-Stagen Opens Leasing at 193-Unit, Amazon-Backed Trace 4001 Near Seattle’s Othello Station
Financed with a $19.1 million Amazon Housing Equity Fund loan, a Forbright Bank construction loan and equity from local impact investors, the eight-story...
Lake Oswego’s Kruse Way Leases 128,000 SQFT at Metro-High $43.32 Rents Despite 18.1% Office Vacancy
Lake Oswego's Kruse Way corridor commands $43.32 per square foot and just posted one of the metro's strongest quarters of leasing, even as...
Airport Way Loses 574,000 SQFT in One Quarter, Accounting for 93% of Portland’s Industrial Decline
A single quarter pushed Airport Way's direct vacancy from 6.8 percent to 10.4 percent, turning one of Portland's core distribution districts into the...
Brightshore’s Tom Shapiro: Rate Shock Sours Housing as Data Centers Lift Industrial
Brightshore Capital founder Tom Shapiro told CNBC that a September rate hike and 30-year mortgages near 7.5 percent have soured both the for-sale...
Cantera Group Breaks Ground on 72-Unit First Phase of Terminal One Motor + Yacht Club on Seattle’s Salmon Bay
Chicago-based Cantera Group has started construction on the first phase of Terminal One Motor + Yacht Club, a for-sale collector garage and superyacht...
Lviv Croissants Seeks Shopping Center Space in Eight Puget Sound Cities as Ukrainian Bakery Chain Builds Out Its Seattle Base
Ukrainian bakery franchise Lviv Croissants has put out a requirement for 1,700 to 2,600 square feet of shopping center space across eight Eastside...
Blackstone Says Rising Rates Hit Apartments Hardest as Data Centers Carry Q3 Real Estate Book
Blackstone told investors that its multifamily holdings absorbed the heaviest blow from widening cap rates in a third quarter marked by the sharpest...
