Industry News
Hudson Pacific Rides Seattle Leasing Momentum as Downtown Vacancy Drops for First Time in Six Years
Hudson Pacific Properties said its Seattle portfolio now carries more deals in negotiation than any other market it owns, as fresh leases from...
Microsoft Stretches Data Center, Office Building Depreciation to 25 Years, Reshaping $175B CapEx Plan
The software giant told analysts on its fiscal fourth-quarter earnings call that lengthening the accounting life of its global data centers and offices...
Macerich Readies $372MM for Mall Acquisitions as Oregon Anchors Its Pacific Northwest Position
Macerich has $372 million in unsettled forward equity earmarked for enclosed mall acquisitions at stabilized yields of 9 to 11 percent, a war...
Oregon Importers Paid $2.89B in Tariffs as Exports Fell 17%, State Report Finds
A new analysis commissioned by Gov. Tina Kotek found that Oregon absorbed $2.89 billion in tariff costs over 10 months of 2025 and...
80 Acres Farms Shutters 137,000 SQFT Marysville Vertical Farm Landlord Had Been Marketing Since March
The abrupt shutdown of 80 Acres Farms leaves a Bellevue landlord holding a $30.6 million single-tenant industrial building in the Cascade Industrial Center...
ODOT Draft Estimate Pushes Rose Quarter Freeway Project to $3.6B, Leaving Nearly $3B Unfunded
A draft internal cost memo prepared by the Oregon Department of Transportation and posted publicly this week values the remaining unfunded work on...
Fed Holds Rates Steady in July With Three Dissents as Goldman Sees No Hike Through 2026
The Federal Reserve left its benchmark rate unchanged at its July meeting despite the closest call on a hike in three decades, offering...
Spokane Lures Boomers While Seattle Pulls Gen Z: U-Haul’s Midyear Data Maps the Northwest’s Generational Split
U-Haul's 2026 midyear migration report shows the Pacific Northwest attracting movers at opposite ends of the age spectrum — Spokane ranking among the...
Solar Developer Cancels Washington State Project on Sacred Indigenous Land
by B. “Toastie” Oaster, High Country NewsCo-published with High Country News This story was originally published by ProPublica. A renewable energy developer has pulled its controversial...
BentallGreenOak Buys 454-Unit The Ayer Tower for $353MM in Seattle’s Denny Triangle
The Ayer trade brings BentallGreenOak’s Seattle multifamily spending to $505 million in a single week, all sourced from the same Holland Partner Group...
BentallGreenOak Buys 238-Unit Ballard Independent for $152MM in Seattle
BentallGreenOak’s $638,655-per-unit purchase of the newly built property from Holland Partner Group and NASH follows a similarly priced Mercer Island trade a week...
Kirkland’s Houghton Village Site Comes to Market for 145-Unit Mixed-Use Redevelopment
The City of Kirkland has hired CBRE to market its long-vacant Houghton Village property, a 2.2-acre Eastside parcel the city bought in 2022...
