MAJ Development’s 17,000 SQFT Royle Ridge Station Grocery Box in Ridgefield Holds a Quarter of Portland’s Shrunken Retail Pipeline
The 16,902-square-foot project at Pioneer Street and North Royle Road, which local permit trackers tie to a Grocery Outlet store in MAJ Development's...
Discovery Ridge’s 16,000 SQFT Phase 3 at 448 S Royle Rd Rounds Out Ridgefield’s Hold on Portland’s Retail Pipeline
The 16,000-square-foot third phase of the Discovery Ridge retail center, pre-leased in part to Firehouse Subs and marketed at $38 per square foot...
Stoel Rives Trades One Union for Tower 1201 and F5 Gives Back 77,000 SQFT as Downtown Seattle’s Move-Outs Turn Into Musical Chairs
Behind Downtown Seattle's third-quarter move-outs, F5 handed back 77,000 square feet at its namesake tower while Stoel Rives left One Union Square for...
WeWork Report Finds 9.9% Footprint Growth as Seattle and Portland Coworking Markets Expand
WeWork's mid-year analysis of its global membership shows companies quietly expanding the space they hold without signing bigger deals, a pattern arriving in...
The Oregon Clinic and Columbia Nutritional Buy Their Own Buildings as Portland Office and Industrial Rents Fall
The quarter's largest office sale and largest industrial sale in the Portland metro both went to companies that already occupied the buildings, as...
44-Unit Mixed-Use 101 Broadway Building Across From Capitol Hill Station Sells for $17.5MM in Seattle
A private buyer has paid $17.5 million for 101 Broadway, the 2017-built, 44-unit mixed-use building across the street from Sound Transit's Capitol Hill...
Entitled 98-Acre Quarry District in East Vancouver Hits Market With Approvals for 2,000 Apartments, 625,000 SQFT of Commercial Space
A former rock quarry at the SR-14 and Southeast 192nd Avenue interchange is up for sale as 20 separately marketed lots. The site...
Full-Block South Lake Union Site Once Planned for 505,000 SQFT Lab Campus Hits Market as 490-Unit Apartment Opportunity
The 77,760-square-foot block at 200 Taylor Avenue North, cleared for BioMed Realty’s T6 life sciences campus, is now being pitched for about 490...
Hudson Pacific Raises Guidance as Losses Reach $1.56B Over 19 Quarters, With Its Seattle Portfolio 75.6% Occupied
Hudson Pacific Properties raised and narrowed its 2026 earnings outlook and lifted company-wide office occupancy to 85.6 percent in the third quarter, but...
Seattle Becomes Hudson Pacific’s Fastest-Growing Pipeline as 10 Tenants Circle 546,000 SQFT Washington 1000, Still 1.9% Leased
Hudson Pacific Properties told investors on its third-quarter call that Seattle has become the fastest-growing slice of its leasing pipeline, with 10 tenants...
Public Biotech Makes Up Just 1.1% of Alexandria’s Q3 Leasing as Seattle’s Pipeline Thins
Publicly traded biotech companies accounted for only 1.1 percent of the 1.24 million square feet Alexandria Real Estate Equities leased in the third...
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...
MAJ Development’s 17,000 SQFT Royle Ridge Station Grocery Box in Ridgefield Holds a Quarter of Portland’s Shrunken Retail Pipeline
The 16,902-square-foot project at Pioneer Street and North Royle Road, which local permit trackers tie to a Grocery Outlet store in MAJ Development's...
Discovery Ridge’s 16,000 SQFT Phase 3 at 448 S Royle Rd Rounds Out Ridgefield’s Hold on Portland’s Retail Pipeline
The 16,000-square-foot third phase of the Discovery Ridge retail center, pre-leased in part to Firehouse Subs and marketed at $38 per square foot...
WeWork Report Finds 9.9% Footprint Growth as Seattle and Portland Coworking Markets Expand
WeWork's mid-year analysis of its global membership shows companies quietly expanding the space they hold without signing bigger deals, a pattern arriving in...
The Oregon Clinic and Columbia Nutritional Buy Their Own Buildings as Portland Office and Industrial Rents Fall
The quarter's largest office sale and largest industrial sale in the Portland metro both went to companies that already occupied the buildings, as...
Columbia Nutritional Buys Its 75,000 SQFT Vancouver, Wash., Plant From EQT Real Estate for $11.6MM
After more than 16 years as a tenant, Columbia Nutritional now owns its Vancouver, Wash., production plant, buying it from EQT Real Estate...
Portland Leads Nation in Q3 Coworking Growth, Expanding Location Count 10% to 87 Spaces
Portland grew its coworking location count faster than any other top-50 U.S. market in the third quarter, adding eight spaces to reach 87...
WeWork Report Finds 9.9% Footprint Growth as Seattle and Portland Coworking Markets Expand
WeWork's mid-year analysis of its global membership shows companies quietly expanding the space they hold without signing bigger deals, a pattern arriving in...
Downtown Seattle’s Q3 Office Absorption Ranges From Plus 300,000 SQFT to Minus 116,000 SQFT Depending on the Broker
CBRE says Downtown Seattle's office market absorbed 300,000 square feet in the third quarter, its first positive quarter since 2021, while Cushman &...
Eastside and Northend Industrial Absorption Swings 780,000 SQFT to Positive as Vacancy Falls to 7.5%
While the rest of the Puget Sound industrial market loses tenants, the Eastside and Northend posted one of their strongest years in recent...
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,...
Pierce County Apartment Sales Slow to 3 Deals and $8MM in Q2 as 2,764 Units Stay Under Construction
Pierce County's apartment market spent the second quarter of 2026 in adjustment mode, with only three sales closing even as vacancy improved to...
As Swig Turns 90, CEO Connor Kidd Sees Seattle as Next in Line for Bay Area’s AI Office Boom
Four years after The Swig Company planted its first Seattle flag at the Lake Union Building, President and Chief Executive Officer Connor Kidd...
Kitsap Apartment Vacancy Falls to 7% as 70-Unit Quay Bainbridge Trades for $16.8MM, Ending Investment Drought
Kitsap County's apartment vacancy fell faster than any other Puget Sound submarket's in the second quarter of 2026, while the 70-unit Quay Bainbridge...
Columbia Nutritional Buys Its 75,000 SQFT Vancouver, Wash., Plant From EQT Real Estate for $11.6MM
After more than 16 years as a tenant, Columbia Nutritional now owns its Vancouver, Wash., production plant, buying it from EQT Real Estate...
Portland Leads Nation in Q3 Coworking Growth, Expanding Location Count 10% to 87 Spaces
Portland grew its coworking location count faster than any other top-50 U.S. market in the third quarter, adding eight spaces to reach 87...
Macerich Narrows Q3 Loss to $16.7MM as 1,125,000 SQFT Washington Square Anchors Its Oregon Footprint
Macerich narrowed its third-quarter loss to $16.7 million as income at its keeper malls rose 4.7 percent, and its Pacific Northwest exposure, now...
Principal Asset Management Provides $37.9MM Bridge Loan for New Covington Industrial Project
Principal Asset Management has closed a $37.9 million bridge loan on a newly constructed industrial building in Covington, giving an undisclosed owner time...
Macerich’s 2026 Playbook Shows the Mall Market Splitting Into Trophies and Holdouts
Macerich's third-quarter results read like a field guide to the 2026 mall market, with the REIT buying malls again, swapping 6.6 percent mortgage...
