Finance
Amidst $150MM in Additional Cost-Cutting, CBRE Spends $630MM in Stock Buybacks in 2023 to Appease Investors & Management
By The Registry Staff In the ever-evolving world of commercial real estate, adaptability and strategic foresight are paramount. The past quarter has tested...
CRE’s Slow Dance: Awaiting the Distressed Dominoes to Fall
By Billy the Broker (I just want to stay anonymous) Commercial real estate has always been a game of patience, but lately, it’s...
107,000 SQFT Portland Office Building Scheduled to be Sold at Upcoming Foreclosure Sale
By The Registry Staff A Portland office building is slated to be sold at an upcoming foreclosure auction. The J.K. Gill Building, currently...
Epic Government Signs Lease for 27,400 SQFT Office in Fife
October 25, 2023 (Tacoma, WA) – Harrison Laird and John Bauder, Principals at Lee & Associates Commercial Real Estate Services are pleased to...
Equity Residential Sells 96-Unit Seventh and James Apartments in Seattle for $26.9MM
(Editor’s Note: King County public records show that the buyer was an entity that shares an address with Red Tail Acquisitions and the...
MCR Hotels Sells 146-Room Residence Inn by Marriott in Renton for $55.5MM
By Kate Snyder A hotel in Renton traded hands recently, showing that the city’s hospitality market continues to attract investors. The Residence Inn...
CNBC: Blackstone President Jon Gray Sees Opportunities Despite Challenging Environment
Blackstone president and COO Jon Gray joins ‘Squawk Box’ to discuss the company’s quarterly earnings results, which missed analyst estimates on both revenue...
Tesla Leases Nearly 115,000 SQFT of Industrial Space in Renton
By The Registry Staff Tesla, Inc., is further establishing its presence in the Pacific Northwest. The electric car manufacturer has signed a lease...
Realogics Sotheby’s International Realty, Trailside Group Sign Exclusive Listing Agreement for Residential Portfolio in Kittitas County
CLE ELUM, Wash., Oct. 5, 2023 — Executives from Realogics Sotheby’s International Realty (“RSIR”) and Trailside Group of Companies (“TSG”) announced today a...
Architecture Billings Index Signals Concerns for Commercial Real Estate
By The Registry Staff Architectural firms throughout the United States witnessed a substantial business downturn in September, raising concerns about the future of...
Chiles Foundation Announces $5MM Gift for Building Improvements at the University of Portland’s 4,852-Seat Chiles Center
PORTLAND, Ore. — In 1983, a transformational gift from the Chiles Foundation led to the dedication of the Earle A. and Virginia H....
Fairfield Residential Sells 206-Unit Multifamily Community in Portland for $43MM
(Editor’s Note: According to industry reports, the sales price was $43 million, or about $208,737 per unit, and the buyer was Green Leaf...