Mayor Bruce Harrell Announces Proposal for $970MM Housing Levy to Address Seattle’s Growing Affordable...

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Levy will fund critical investments toward 3000 new units of affordable housing, workforce stabilization, and other tools to address housing and homelessness crises. Seattle (March 30,...

Highgate Sells 155-Room La Quinta Inn in Tacoma for $19MM

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By Kate Snyder Another hotel transaction was recorded in Tacoma, proving that investors are still interested in the city’s hospitality market. The 155-room La Quinta...

Two Residential Properties in Longview, Kelso Receive $3.7MM in Financings

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SEATTLE, March 30, 2023 - Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged two...

Rockbridge, Aparium Hotel Group Acquire 151-Room Heathman Hotel in Portland for $45MM

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(Editor's Note: Public information shows that the seller was Pebblebrook Hotel Trust, which previously announced that the sales price for the Heathman was $45...

BKM Capital Partners Acquires 228,518 SQFT Industrial Property in Portland for $37.3MM

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PORTLAND, OR, March 27, 2023 – BKM Capital Partners, a vertically integrated institutional fund manager, has expanded its holdings in the Pacific Northwest with...

HC Government Realty Trust Pays $15.5MM for 28,000 SQFT VA Medical Clinic in Everett

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By Catherine Sweeney  While facing a number of ongoing challenges, the Puget Sound’s office market continues to see properties trade hands. In one recent transaction,...

SeaTac Packaging Purchases 120,234 SQFT Warehouse, Surrounding Parcels in Tacoma for $20MM

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By Kate Snyder The industrial market continues to see sales activity in the Puget Sound region. Several parcels in Tacoma, including one that contains a...

Alco Investment Company Purchases 80,000 SQFT Warehouse in Bellevue for $25MM

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By Kate Snyder A warehouse that recently traded hands in Bellevue shows that the city’s industrial market continues to attract investors. A building operating as...

10-Unit Joyce Apartments in Edmonds Sells for $3.25MM

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SEATTLE, WA—Capstone Companies has closed the $3,250,000 sale ($325,000 per unit) of the Joyce Apartments: a 10-unit apartment community located in Edmonds, WA. Edmonds...

Romano Capital Sells Westridge Lofts in Camas for $31MM

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CAMAS, Wash. (March 21, 2023) — HFO Investment Real Estate (HFO), a leading real estate brokerage firm in the Pacific Northwest, is pleased to...

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Opinion: I’m Still Feeling the Commercial Real Estate’s Interest Rate Hangover

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By Billy the Broker (I just want to stay anonymous) 2023 was a tough year in the world of commercial real estate. Rising interest rates...

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