Industry News
West State Motorsport Buys 11,900 SQFT Showroom and Service Facility in Auburn for $3.75MM
(Editor’s Note: According to a report from the Puget Sound Business Journal, the sales price was $3.75 million, or approximately $315 per square...
Woods Coffee Targets Aggressive Drive-Thru Expansion Across Puget Sound With 5+ New Locations Annually
The family-owned Pacific Northwest coffee brand is actively seeking drive-thru retail sites in nearly 20 Washington communities, backed by more than two decades...
Sound Commercial Investment Holdings Acquires PNRI’s 45,000-SQFT First Hill Lab Facility at 720 Broadway in Seattle for $6.5MM
Nonprofit biomedical research institute sells longtime headquarters at a steep discount to assessed value, plans to lease back the building to preserve research...
Barnes & Noble to Shutter Portland’s Lloyd Center Location as Mall Prepares for $1B Redevelopment
The bookstore’s May 2 closure marks one of the first tenant exits as Urban Renaissance Group and KKR move forward with plans to...
Portland Startup Hub UpStart Collective Consolidates into Big Pink Tower
The coworking group for early-stage founders bets on downtown Portland’s recovery by moving into the fifth floor of U.S. Bancorp Tower, taking over...
Bellingham’s 148-Unit Sunset Pond Apartments Trades for $27.5MM
The four-story community on Woodstock Way, built in the mid-1990s and situated on nearly seven acres, sold at approximately $186,000 per unit in...
Half-Acre Former Martin Selig Property in Seattle’s Lower Queen Anne Sells for $4MM
(Editor’s Note: According to King County public records, the sales price for the lot was $4 million.) Seattle, WA – March 2, 2026...
Trader Joe’s-Anchored 360,040 SQFT South Sound Center in Lacey Hits Market on Best-Offer Basis
The regionally dominant retail hub draws approximately 5 million annual visits, with Target shadow-anchoring and significant leasing and redevelopment upside across its 30.84-acre...
Rare 77,500 SQFT Food Processing Facility in Sumner Hits Market at $18MM as Specialty Industrial Demand Surges
A specialized food production plant outside Tacoma, leased long-term to a fast-growing Chinese food brand, offers investors a glimpse of a booming but...
Seattle-Tacoma Port Volume Falls to Decade Low as Tariff Volatility Reshapes Pacific Northwest Trade
The Northwest Seaport Alliance recorded its second-lowest container total in ten years in 2025, while its industrial market is giving tenants more room...
Construction Spending Finds Footing at End of 2025, Headwinds Loom for 2026
Residential gains and data center investment helped stabilize total outlays in December, even as nonresidential categories weakened and building cost inflation accelerated to...
OHSU’s $650MM, 530,000 SQFT Vista Pavilion in Portland Completed On Time and Under Budget
The 14-story hospital tower, one of Oregon’s most complex healthcare construction projects, adds 128 beds and positions OHSU’s Knight Cancer Institute for a...
