Industry News
Washington County, Tualatin Float SIP Tax Break to Anchor Lam Research’s $1.7B TuX Expansion
Washington County and the City of Tualatin have proposed a Strategic Investment Program tax abatement designed to lock in as much as $1.7...
King County Housing Authority Announces Groundbreaking on 154-Unit Trailhead Apartments in Issaquah
Nearly a decade after the city first solicited proposals for the site, the King County Housing Authority has started construction on an eight-story...
Portland Weighs $650MM Two-Venue Plan for New PSU Theater and Downsized Keller Auditorium
Portland's City Council delayed action on the region's biggest cultural project in years after Mayor Keith Wilson proposed keeping both a new Portland...
Daimler Truck to End Portland Manufacturing on Swan Island, Cutting 375 Jobs Weeks After Opening $40MM Engineering Hub
Daimler Truck North America will halt Freightliner and Western Star assembly on Portland's Swan Island this fall, cutting 375 jobs and shifting production...
South Sound Industrial Pipeline Swells to 5.8MM SQFT at Midyear as Big-Box Projects Push South into Lewis County
Lee & Associates' midyear 2026 report shows nearly 5.83 million square feet of industrial space under construction across the South Sound, with capital...
Rivian Leases 60,000 SQFT in Beaverton, Portland’s Fourth-Largest Industrial Deal of Q2
Rivian’s 60,000-square-foot lease at 5051 SW Western Ave. extends the electric-vehicle maker’s Pacific Northwest service and logistics network south from Puget Sound into...
Rainbow Terrace to Replace Demolished Everett Church With All-Affordable Senior Units
Housing Hope’s Rainbow Terrace was one of six projects to share $23 million in Snohomish County housing and behavioral health grants awarded in...
Brokers Turn to Autonomous AI Agents to Automate Rent Comp Tracking
Commercial real estate brokers are increasingly handing rote market research to autonomous AI agents that assemble proprietary comp databases and monitor rival properties...
Blue Ocean Globe Leases 58,000 SQFT in Tualatin as I-5 Corridor Absorbs Portland’s Deepest Industrial Losses
Blue Ocean Globe’s 57,757-square-foot commitment at 11950 SW Leveton Dr ranked as the fifth-largest industrial lease signed in the Portland market during the...
Gap Factory Leases 8,000 SQFT at Clackamas Promenade, Among Portland’s Largest Retail Deals of 2Q
Gap Inc.’s off-price banner took 8,000 square feet at Kimco Realty’s Clackamas Promenade in May, ranking among the three largest retail leases signed...
SimonCRE Acquires 92,110 SQFT Island Plaza in Oak Harbor for $12MM
SimonCRE is doubling down on Puget Sound retail, following its 2024 purchase of Spanaway Plaza with the $12 million acquisition of Oak Harbor’s...
Pillar Communities Sells 120-Unit Pine+Minor Apartments in Seattle for $28.4MM
The sale of Pine+Minor marks the first ownership change at the Capitol Hill property since Portland developer Gerding Edlen sold the building roughly...
