Commercial
Seattle’s 1000 Denny Way Office Loan Heads to Special Servicing Ahead of 2027 Maturity
A $56 million loan secured by the 263,000-square-foot office building at 1000 Denny Way has landed in special servicing weeks before its February...
Amazon Files to Add Prime Air Drone Delivery Center at North Portland Fulfillment Hub
Amazon has asked Portland's permitting bureau to sign off on a Prime Air drone delivery hub at its North Portland fulfillment building, a...
Formation Report Hands Seattle a Real Estate Playbook: Public Land, Bonding and Hard-Tech Hubs
Formation's assessment of Seattle's economy lays out a development agenda built on public land and municipal bonding capacity, pointing to New York's BATWorks...
Integrus Lists Its 27,000 SQFT Pioneer Square Headquarters, the Union Trust Annex, for Sale or Lease in Seattle
The Seattle architecture firm has placed its longtime home — a roughly 125-year-old landmark it bought and seismically overhauled in 2007 — up...
Oregon and Washington Host 139 Data Centers and 6,444 MW, but Texas Is Winning the Next Wave
The Pacific Northwest built one of the nation's largest data-center footprints on cheap hydropower, but new figures show Oregon and Washington capturing only...
Kaiser Permanente to More Than Double Capitol Hill Hospital Beds by 2027, Plans New Urgent Care in Everett
Kaiser Permanente is adding inpatient capacity at its flagship Seattle hospital and a new urgent care department in Everett, a pair of investments...
Formation Report Finds Seattle Shedding Restaurants Per Capita, Squeezing Ground-Floor Retail
Formation's assessment of Seattle's economy finds the city has lost restaurants per capita both before and after the pandemic, a sign that thin-margin...
Menlo Digital Acquires 185,000 SQFT Union Bank Tower for Downtown Portland Data Center Conversion
Menlo Digital has filed permits to carve a five-floor data center into downtown Portland's 15-story Union Bank Tower, an acquisition that pairs with...
UCLA Flags Debt Risk Hanging Over the Pacific Northwest’s Data-Center Boom
A September 2026 UCLA Economic Letter warns that the debt financing the AI data-center surge, the same surge that has turned eastern Oregon...
Avangrid Expands Montgomery Park Lease to 55,000 SQFT in Portland
An energy company that relocated its Portland operations into Montgomery Park four years ago is growing rather than shrinking its footprint there, a...
Operating Seattle and Portland’s Buildings Fuels a $18.7BN Economic Engine, BOMA Study Finds
A new economic-impact study from BOMA International sizes the Pacific Northwest's building-operations economy, finding that metro Seattle and Portland together sustain more than...
Mariners Line Up $19MM in T-Mobile Park Upgrades for 2027, Pending PFD Approval
The Seattle Mariners have handed the public agency that owns T-Mobile Park a 47-item wish list for the coming offseason, weighted toward security...
