Industry News

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Schnitzer Sees a Smaller, Housing-Led Downtown as Portland’s Path Back

Longtime Portland owner Jordan Schnitzer says the city's downtown must shed a glut of office space and convert to housing and waterfront life...

Washington Ends Data Center Equipment Tax Break as Hardware Nears 93% of Capex

Senate Bill 6231 stripped the sales tax exemption from data center equipment repair and replacement statewide on July 1, landing squarely on the...

California, Texas and Washington Together Drive More Than 26% of U.S. GDP

New figures from the U.S. Bureau of Economic Analysis show that the three states anchoring The Registry's coverage — California, Texas and Washington...

Chinese Developer Binjiang Offloads Seattle’s 142-Room Sound Hotel for $35MM

A Hangzhou Binjiang Real Estate Group affiliate has cashed out of the boutique hotel it helped build atop Belltown’s Arrivé tower, transferring the...

New Data Splits Washington in Two: Spokane’s Peer Group Is Boise, Not Seattle

A California investment manager has published a 21-year federal data model that treats Greater Seattle as a coastal primary market and counts Washington's...

Portland Council Lines Up Albina Vision Trust for 10 City-Owned Rose Quarter Parcels

Portland's council has tied the future of ten publicly owned parcels around the Moda Center to a single nonprofit, starting a 12-month clock...

Cowboy Space Leases 291,000 SQFT CenterPoint Facility in Kent for Rocket Manufacturing Hub

A Robinhood co-founder’s space startup has claimed the largest industrial lease signed in the Puget Sound region so far this year, converting a...

150,000 SQFT Former Fred Meyer in Tacoma Hits Sublease Market While Kroger’s Lease Runs to 2046

A shuttered South End Tacoma Fred Meyer hits the sublease market even as Kroger's rent obligation to landlord Benderson Development runs through 2046.

PCP Plans 731 Units in Three Downtown Redmond Towers Near Light Rail

Cleveland-based PCP plans 731 apartments across three Redmond developments, starting with the 217-unit Rove near light rail.

Portland Apartment Pipeline Contracts to 1,953 Units as 2026 Completions Head for 56% Drop

Northmarq's latest research shows Portland's apartment development pipeline has fallen below 2,000 units after three years of contraction, and the firm expects that...

Seattle Sits Out the National Office Occupancy Index Even as Puget Sound Landlords Chase the Same Answer

The most widely cited measure of the American return to office does not track Seattle, leaving Puget Sound owners and lenders to benchmark...

Oregon Lands on Battery Storage’s Map as Washington Towns Move to Block Grid-Scale Sites

Benchmark Mineral Intelligence named Oregon among the states driving pipeline growth in the largest battery storage quarter the country has ever recorded, even...

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