Finance
Hudson Pacific’s $278MM Quarterly Loss Casts Shadow Over Seattle Portfolio as Amazon Anchor Holds but Pioneer Square Struggles
West Coast REIT posts fourth straight quarterly loss and $572MM full-year deficit while nine-property Puget Sound platform shows 69.5 percent occupancy and Washington...
Rhino Investments Group Secures $42.8MM to Refinance Multi-State Retail Portfolio that Includes 109,000 SQFT Salem, Ore. Property
Life Company Execution Supports Lease-Up and Preserves Asset-Level Flexibility for Rhino Investment Group Properties in California, Illinois, Oregon, and Wisconsin Irvine, Calif. (February...
CenterSquare Acquires 25,000 SQFT Normandy Park Towne Center from O’Keefe Development for $10.4MM in Seattle
Grocery-anchored neighborhood retail center is the firm’s second Seattle-area acquisition as it expands its national essential service retail portfolio to 74 properties. CenterSquare...
Bridge Investment Group Buys 335-Unit The Ridge and The Shores Properties in Federal Way for $78MM
(Editor’s Note: According to King County public records, the sales price was $78 million, or about $232,835 per unit.) FEDERAL WAY, Wash., Feb....
Portland Nonresidential Construction Costs Rise 0.32 Percent in Q4 2025, Among Lowest of Major U.S. Markets
Mortenson’s latest cost index places Portland well below the national average as stable labor and competitive bidding temper escalation pressures heading into 2026...
Ross Dress for Less and Grocery Outlet Lease Nearly 60,000 SQFT at SimonCRE’s Spanaway Plaza in Pierce County
Kidder Mathews and First Western Properties broker leases that will reposition the 89,000-square-foot retail center ahead of planned 2027 openings Retail repositioning efforts...
Big Pink Owner Acquires 266,664 SQFT Five Oak Building in Downtown Portland
The purchase of the lender-owned office building from Nuveen follows a competitive bidding process and complements the ongoing hospitality-driven repositioning of the U.S....
Amazon-Backed Altaire Project Advances as SRM Development Plans 146-Unit Affordable Housing Community Near Mercer Slough in Bellevue
Phase II of the two-building development at 991 118th Ave SE targets households earning as low as 30 percent of Area Median Income,...
147-Unit Mountain Glen Townhome Community in Bend Trades for $25.5MM
The Q4 2025 transaction values the east Bend apartment community at approximately $173,469 per unit as investor interest in Oregon’s secondary markets continues...
Heartland Markets 14-Acre Overlake Seritage Mixed-Use Development Site With 1.05MM Buildable SQFT in Redmond
Former Sears property near Microsoft’s global headquarters comes to market with approved development agreement, completed environmental review, and more than $21 million in...
Hearthstone and Redwood Housing Affiliate Acquires 60-Unit Elizabeth James House in Seattle for $13MM
The HUD-subsidized affordable housing building, restricted to elderly and disabled residents, trades at roughly $216,600 per unit as Seattle accelerates its affordable housing...
Stonewood Design Affiliate, Image Church Acquires 59,830 SQFT Wright Building in Bothell for $10.2MM
The high-flex property traded at roughly $170 per square foot, below its $10.77 million listing price, as the Puget Sound industrial market contends...
