Onni Group Opens Leasing for 800,000 SQFT of Office Space at Three-Tower Onni Bellevue Development
Onni Group has opened office leasing at Onni Bellevue, its three-tower, roughly 600-foot mixed-use project rising on the former Barnes & Noble block...
Simon Property Group Strikes Deal for Seattle’s 600,000 SQFT University Village, Ending 30-Year Local Ownership Run
Simon Property Group has agreed to buy University Village, the nearly 600,000-square-foot open-air shopping and dining destination beside the University of Washington, prying...
Eaton Vance Affiliate Pays $87.3MM for 359-Unit Assembly118 Apartments at Seattle’s Othello Station
An entity affiliated with Eaton Vance’s Real Estate Investment Group has bought a 359-unit apartment building next to Seattle’s Othello light rail station...
Clark County Absorbs 648,000 SQFT as Portland’s Industrial Market Sheds 1.5MM SQFT
Larger occupiers and owner-users are pulling industrial demand north across the Columbia River, making Clark County the clear leader in Portland-area absorption in...
Harborview Medical Center Expansion Costs Swell 70% to $3B, Far Outrunning Seattle’s $1.74B Voter-Approved Bond
King County staff told the County Council that the estimated cost of renovating and expanding Harborview Medical Center on Seattle's First Hill has...
Oregon Commits $350MM to Brookfield’s Sixth Flagship Infrastructure Fund, Trimming Its Ticket From the Last Vintage
Oregon's state investment council has steered $350 million into Brookfield Infrastructure Fund VI and a companion co-investment vehicle, extending a long-running relationship with...
D.R. Horton’s Rental Arm Swings to Loss on $91.4MM Apartment Impairment as Rates Climb
D.R. Horton’s rental arm swung to a fiscal fourth-quarter loss after the nation’s largest homebuilder took $91.4 million in impairments on nine completed...
Port Terminal Operator Carrix Takes Four Floors for New HQ at Urban Visions’ Long-Vacant 146,000 SQFT The Jack in Seattle’s Pioneer Square
Carrix, the Seattle-based parent of port terminal operator SSA Marine, is moving its headquarters into four floors of The Jack at 74 S....
D.R. Horton Signs Promise Robotics to Prefabricate Panels for 1,250+ Phoenix Homes
D.R. Horton has signed Promise Robotics to manufacture timber wall panels in a robotic factory for more than 1,250 homes in metro Phoenix,...
Seattle’s Office-to-Housing Pipeline Totals Just 401 Units as Downtown Vacancy Sits at 35.4%
Seattle's four city-tracked office-to-housing conversions add up to about 401 apartments, a sliver of a downtown market that still has more than 19...
Western Washington University to Pay $12.5MM for Former St. Luke’s Hospital Campus in Bellingham
A deal that drew interest from affordable housing developers ends years of debate over one of Bellingham’s most visible vacant properties and puts...
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...
Clark County Absorbs 648,000 SQFT as Portland’s Industrial Market Sheds 1.5MM SQFT
Larger occupiers and owner-users are pulling industrial demand north across the Columbia River, making Clark County the clear leader in Portland-area absorption in...
Oregon Commits $350MM to Brookfield’s Sixth Flagship Infrastructure Fund, Trimming Its Ticket From the Last Vintage
Oregon's state investment council has steered $350 million into Brookfield Infrastructure Fund VI and a companion co-investment vehicle, extending a long-running relationship with...
Portland’s Historic Hotel deLuxe Heads to Foreclosure as Appraisal Drops 66% to $16MM
Special servicer Rialto Capital Advisors has pushed the 130-room Hotel deLuxe in Portland's Goose Hollow neighborhood toward a foreclosure sale after a fresh...
Lincoln Property, DRA Advisors Buy 299,000 SQFT Portland Industrial Portfolio for $45.25MM
The five-building portfolio, marketed by JLL as fully leased Class B distribution space with a 3.8-year weighted average lease term, changed hands as...
Portland Apartment Pipeline Falls 36.7% to 3,581 Units as Renters Absorb Nearly Twice What Developers Deliver
Portland renters filled nearly two apartments for every one the region delivered through the first nine months of 2026, and with the construction...
APANO, Gorman & Co. Celebrate $23.4MM, 40-Unit Jade Apartments in Southeast Portland’s Jade District
APANO and Gorman & Company will mark the opening of The Jade on Oct. 29, a $23.4 million, 40-apartment affordable community in Southeast...
Clark County Absorbs 648,000 SQFT as Portland’s Industrial Market Sheds 1.5MM SQFT
Larger occupiers and owner-users are pulling industrial demand north across the Columbia River, making Clark County the clear leader in Portland-area absorption in...
Portland Apartment Pipeline Falls 36.7% to 3,581 Units as Renters Absorb Nearly Twice What Developers Deliver
Portland renters filled nearly two apartments for every one the region delivered through the first nine months of 2026, and with the construction...
Redmond and Kirkland Post Single-Digit Office Vacancy While Bellevue CBD Sits at 26%
While downtown Bellevue's trophy towers carry the region's highest rents and a 26 percent vacancy rate, Redmond and Kirkland have quietly become the...
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,...
West8’s Move-Ins Lag Its Leasing as Kilroy’s Seattle Tower Hits 58% Leased but 37% Occupied
Kilroy Realty's West8 tower in Seattle's Denny Triangle is now 58.4 percent leased but only 36.7 percent occupied, leaving roughly 116,000 square feet...
Seattle Social Housing Developer to Buy 195-Unit Youngstown Flats in West Seattle for $68MM
Seattle’s social housing authority is buying a 2013 West Seattle apartment building for less than it sold for eight years ago, its second...
Blue Origin 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...
Downtown Seattle Hotels Hit 108% of 2019 Demand as Office Foot Traffic Stalls at 62%
The Downtown Seattle Association's latest monthly dashboard shows September hotel demand and visitor counts running ahead of 2019 levels while weekday office attendance...
Washington Sheds 15,400 Jobs in September as Back-to-School Hiring Falls Short; Unemployment Eases to 4.8%
Washington employers cut an estimated 15,400 seasonally adjusted jobs in September 2026, the state's second straight monthly decline, as state government and private...
Post Real Estate Group Buys 236-Unit Porchlight Apartments in Federal Way for $56.25MM, Locking In 80% AMI Rents
Beverly Hills-based Post Real Estate Group has bought Porchlight, a renovated 236-unit garden community in Federal Way, and will hold every apartment for...
Bellwether Housing, Chief Seattle Club Set $74.5MM Budget for 200-Unit Thunderbird Nest at North Seattle College
Bellwether Housing and Chief Seattle Club have put a name, a price tag and a schedule on the 200-unit, Native-focused affordable housing project...
BXP Lifts Seattle Occupancy to 87% as Madison Centre Renewals Anchor Downtown Rebound
BXP's downtown Seattle portfolio posted the sharpest occupancy gain among the REIT's six markets this year, buoyed by an early law-firm renewal at...
