Industry News
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...
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...
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...
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...
Lakeside Industries Trades 18-Acre Issaquah Quarry Parcel to Affiliated Entity in $20MM Equity Deal
A 17.71-acre parcel at the heart of Lakeside Industries’ long-running plan to convert its Issaquah quarry into an urban village changed ownership this...
Cowlitz Economic Authority Acquires 3,000 SQFT Paradise Quick Stop in Ridgefield for $13.64MM in Portland Market’s Largest 2Q Retail Sale
The Cowlitz Economic Authority, the economic development arm of the Cowlitz Indian Tribe, paid nearly $13.64 million for a 3,460 square foot fuel...
BlueLinx Leases 66,000 SQFT From Clarion Partners in Portland’s East Columbia Corridor as Market Leasing Hits 2008 Lows
Building-products distributor BlueLinx Corporation committed to 65,800 square feet at 4740 NE 166th St in Portland’s East Columbia Corridor, betting on Pacific Northwest...
Walsh Construction Tops Out Capitol Hill’s 84-Unit Constellation Center Apartments in Seattle
The removal of a tower crane at 1534 Broadway marked more than a construction milestone this month: it signaled that a project combining...
