Industry News
Edlen & Co. List for Sale 271,000 SQFT Power + Light Historic Office Tower in Portland
JLL has put one of downtown Portland’s most architecturally distinct office towers on the market, betting that a nearly two-thirds-vacant historic building can...
Mortenson Advances 300,000 SQFT Kent Manufacturing Campus Backed by 20-Megawatt Power Capacity
A 9.3-acre infill site in the Kent Valley is drawing sustained interest from aerospace and defense manufacturers even as the broader Puget Sound...
Two-Building, 28,000 SQFT Willows Northwest Portfolio Trades for $10.9MM in Redmond
A pair of 1984-built office and warehouse buildings on adjacent Redmond parcels traded for $10.9 million, or roughly $391 per square foot, more...
Schuster Group Affiliate Sells Seattle’s Madison Center for $9.3MM
Nevolan 2711 LLC has paid $9.3 million for the four-parcel Madison Center retail and office complex from an entity tied to The Schuster...
Grand Peaks, PCCP Acquire 424-Unit West End District Apartments in Beaverton
Denver-based Grand Peaks has expanded its Pacific Northwest footprint with the purchase of a Beaverton apartment complex built on the bones of a...
PCP Opens 217-Unit Rove in Downtown Redmond, With a 270-Unit Second Act and a Third Site in Hand
PCP, the Cleveland multi-family office formerly known as Ponsky Capital Partners, opens its first Puget Sound apartment building two blocks from Redmond's light...
Holland Partner Group, Tokyo Tatemono Break Ground on 185-Unit Fremont Apartment Project in Seattle
Demolition, grading and shoring are underway at the century-old North 36th Street retail strip Holland Partner Group and Tokyo Tatemono bought for $18.5...
Nearly 211,000 SQFT Listed for Sublease at Bellevue Connection, Likely Bungie’s Former Space
With nearly 2.4 million square feet of active tenant demand on the Eastside driven largely by technology and AI companies, the newly listed...
King County Hospital District 2 Buys 100,000 SQFT Evergreen Medical Office in Kirkland for $69.9MM
King County’s public hospital district has bought its way out of a landlord relationship at one of its busiest outpatient buildings, paying $69.9...
Sequel Investment Company, Evergreen Gavekal Pay $35.05MM for 95-Unit East Howe Steps in Seattle’s Eastlake
IPA brokers the $35.05MM sale of East Howe Steps, a 95-unit mixed-use Eastlake apartment complex, and arranges acquisition financing.
Trammell Crow Cuts Bellevue Gateway One Apartment Plan to 279 Units, Nearly Doubles Affordable Housing
A year after first floating a 321-unit apartment tower atop a Bellevue office campus, Trammell Crow Residential has filed formal land use applications...
TCC Breaks Ground on 295,000 SQFT Phase II of Sewell Corporate Park in Hillsboro
Trammell Crow Company is doubling down on Hillsboro’s tech corridor even as the broader Portland industrial market posts its weakest leasing activity since...
