Commercial

4754 Articles

Fully Leased First Tech Credit Union, Medical Portfolio Hits Market for $9.21MM in Hillsboro

A credit union just made $28.7 billion stronger and a four-tenant medical building are testing investor appetite for suburban Hillsboro net lease at...

Dext Capital Renews 23,000 SQFT at 5500 Meadows Road in Lake Oswego, Anchoring Kruse Way’s Premium Office Corridor

A specialty equipment lender recommits to the Lake Oswego office park it calls home, reinforcing a submarket that still commands the metro’s highest...

Geffen Mesher Signs 30,000 SQFT New Lease at Portland’s Newly Sold 200 Market Tower

A homegrown accounting firm bets on the Central Business District as fresh ownership works to fill one of downtown Portland’s landmark office towers....

Skanska Pushes 12-Story, 205,000 SQFT Mass-Timber Bevel Tower Toward Bellevue Entitlement Finish Line

Skanska has cleared another design and entitlement milestone on Bevel, its planned mass-timber office tower in downtown Bellevue, and is targeting Administrative Design...

Merrill Lynch Renews 35,000 SQFT at Portland’s PacWest Center

A marquee wealth-management tenant recommits to a landmark downtown tower as financial-services firms anchor the CBD’s slow recovery. Merrill Lynch has renewed its...

Regence Expands 46,000 SQFT at Newly Sold 200 Market as Portland CBD Leasing Rebounds

A downtown health insurer is betting bigger on Portland’s core just as the 200 Market tower settles under new ownership. Regence BlueCross BlueShield...

Seattle Chamber Music Society to Build 271-Seat Concert Hall Inside U.S. Bank Center

A 44-story downtown Seattle office tower that has spent the past several years fighting record-high vacancy is about to gain an unlikely new...

Anatomy of a Default: How a $229MM Bellevue Office Loan Went From 3.40x Coverage to Foreclosure

A single-tenant office loan that looked untouchable at origination has become one of the Puget Sound’s clearest tests of how far trophy values...

Eastside Office Demand Holds Near 3.7MM SQFT as Databricks and OpenAI Anchor Bellevue’s Flight to Quality

A wave of large lease executions led by Databricks converted years of pent-up requirements into signed deals, yet nearly 3.72 million square feet...

Portland Office Market Swings Back to Positive Demand in Q2

Portland’s office market posted its first quarter of positive net absorption in more than a year as leasing activity climbed to a 12-month...

Sterling Realty Lands $27MM Brookfield Refinancing on 105,000 SQFT Mercer Island Office Building

Sterling Realty Organization has refinanced its Class A office building on Mercer Island with a new Brookfield loan, resetting the debt on an...

Comcast Renews 87,000 SQFT in Tigard, Portland’s Biggest Office Lease of Q2 2026

The telecom giant’s decision to recommit to its longtime Nimbus-area footprint stands as the single largest office transaction in the metro during the...

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