Pacific Urban Investors Acquires 387-Unit A’Cappella Apartment Homes in Lynnwood for $112MM
CBRE announces $112 million sale of Lynnwood, Washington apartment community An affiliate of Pacific Urban Investors has purchased A’Cappella Apartment Homes, a 387-unit...
Portland Retail Deliveries Collapse 97% as 515,000 SQFT Pipeline Stalls
Portland's retail pipeline held at 514,643 square feet in 2Q 2026 while deliveries fell to zero, extending a two-quarter drought that has left...
Toro Street Acquires 128-Unit Carriage Park in Vancouver for $29.4MM as Jackson Square Properties Exits Walnut Grove
Toro Street has paid $29.4 million for Carriage Park, a 128-unit garden-style community on Vancouver’s NE 72nd Avenue, closing out Jackson Square Properties’...
Portland’s Apartment Construction Pipeline Shrinks 36% to 4,215 Units as Deliveries Slow to 781
Developers delivered 781 apartments across the Portland metro in the second quarter and are carrying just 4,215 units in active construction, a pipeline...
Seattle Landmarks Board Weighs Historic Status for 111,000 SQFT McKinney Center in Central District
A city board will decide next week whether to advance historic protection for a six-story Central District property that began as a Black-led...
Lincoln Property and Bridge Investment Open 194-Unit 440 West Apartments on Vancouver’s Waterfront
Lincoln Property Company and Bridge Investment Group have delivered 440 West, an eight-story, 194-unit luxury apartment tower on Vancouver’s Columbia River waterfront, planting...
Metropolitan Hardwoods Renews 107,000 SQFT in Kent as the Valley Absorbs the Market’s Steepest Occupancy Losses
Metropolitan Hardwoods has renewed 107,000 square feet at its longtime Kent Valley home, keeping the building-products distributor anchored in a submarket that shed...
Capital Lumber Signs 126,000 SQFT New Industrial Lease in Puyallup/Sumner
Capital Lumber, one of the West’s largest wholesale distributors of building materials, has committed to 125,837 square feet of industrial space in Puyallup/Sumner,...
Seattle CBD Land Values Fall 47%, Bellevue Rises 1.72% in King County Revalue
King County’s 2026 commercial revalue stripped $3.12 billion from the county’s assessed commercial base, and a single appraisal area covering downtown Seattle and...
Olympia Clears 478-Unit West Bay Yards on Budd Inlet, Denying Environmental Appeal
West Bay Development Group cleared a critical hurdle for its long-planned waterfront redevelopment when Olympia’s hearing examiner approved shoreline permits and rejected an...
Tech Layoffs Drag on Seattle-Area New-Home Demand, D.R. Horton Flags as Q3 Profit Slips
D.R. Horton executives pointed to a wave of software-industry layoffs around Seattle as a leading drag on new-home demand in the Pacific Northwest,...
OpenAI, Uber Anchor 3.4MM SQFT Leasing Surge as Puget Sound Office Market Turns Corner in 2026
A wave of long-term commitments from artificial intelligence, software and professional-services tenants pushed Puget Sound office leasing up 62 percent in the first...
Portland Retail Deliveries Collapse 97% as 515,000 SQFT Pipeline Stalls
Portland's retail pipeline held at 514,643 square feet in 2Q 2026 while deliveries fell to zero, extending a two-quarter drought that has left...
Portland’s Apartment Construction Pipeline Shrinks 36% to 4,215 Units as Deliveries Slow to 781
Developers delivered 781 apartments across the Portland metro in the second quarter and are carrying just 4,215 units in active construction, a pipeline...
Lincoln Property and Bridge Investment Open 194-Unit 440 West Apartments on Vancouver’s Waterfront
Lincoln Property Company and Bridge Investment Group have delivered 440 West, an eight-story, 194-unit luxury apartment tower on Vancouver’s Columbia River waterfront, planting...
Amaterra Hospitality Group Buys 85-Key RiverPlace Hotel for $11MM in Portland
A Portland wine group best known for its West Hills tasting room has made an unusual leap into hospitality, buying one of the...
Schrödinger Renews 17,000 SQFT at Downtown Portland’s One Main Place
A computational drug-discovery firm’s decision to stay put underscores CBRE’s read that science and tech tenants are anchoring the central city. Schrödinger, the...
Proptech Firm OneApp Takes 16,000 SQFT at Portland’s Field Office
A technology-oriented tenant has committed to a full floor at one of Portland’s newest creative-office campuses, a signal that demand from software occupiers...
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 ReadingPortland Retail Deliveries Collapse 97% as 515,000 SQFT Pipeline Stalls
Portland's retail pipeline held at 514,643 square feet in 2Q 2026 while deliveries fell to zero, extending a two-quarter drought that has left...
Puget Sound’s Industrial Construction Pipeline Craters 93% Even as Spec Deliveries Flood a 12.6% Vacancy Market
A cluster of large speculative projects delivered or broke ground across the Puget Sound in the second quarter even as developers slammed the...
Bellevue Moves to Rezone Bellevue College Campus With New Institutional District to Unlock Expansion
The City of Bellevue has launched a land use code amendment and legislative rezone that would create a first-of-its-kind Institutional land use district...
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,...
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...
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...
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...
Wells Fargo Sees Rates Higher for Longer as AI Data Centers Anchor Commercial Construction
Wells Fargo's latest U.S. outlook warns that stubborn inflation and a more hawkish Federal Reserve will keep borrowing costs elevated into 2027, sustaining...
Amaterra Hospitality Group Buys 85-Key RiverPlace Hotel for $11MM in Portland
A Portland wine group best known for its West Hills tasting room has made an unusual leap into hospitality, buying one of the...
Pacific Northwest Ballet Leases 20,671 SQFT for New Peter Boal Center in Seattle’s SoDo
Seattle’s SoDo neighborhood, long defined by forklifts and freight, is about to make room for pliés and pirouettes, as Pacific Northwest Ballet leases...
Schrödinger Renews 17,000 SQFT at Downtown Portland’s One Main Place
A computational drug-discovery firm’s decision to stay put underscores CBRE’s read that science and tech tenants are anchoring the central city. Schrödinger, the...
Bellevue Moves to Rezone Bellevue College Campus With New Institutional District to Unlock Expansion
The City of Bellevue has launched a land use code amendment and legislative rezone that would create a first-of-its-kind Institutional land use district...
Puget Sound’s Industrial Construction Pipeline Craters 93% Even as Spec Deliveries Flood a 12.6% Vacancy Market
A cluster of large speculative projects delivered or broke ground across the Puget Sound in the second quarter even as developers slammed the...
Odom Corporation Pre-Leases 250,000 SQFT at Tarragon’s SeaPORT Logistics Center in Sumner, Consolidating Two Northwest Facilities
The Odom Corporation, the Bellevue-based beverage distributor, has pre-leased 250,000 square feet at Tarragon’s SeaPORT Logistics Center in Sumner, anchoring a newly delivered...
AT&T Weighs Exit From Bothell Campus, Eyes 250,000 SQFT in Bellevue
AT&T is quietly shopping for a new Eastside office home while weighing whether to abandon and sell the three-building Bothell campus it has...
