Industry News
BHRE Group Acquires 64,000 SQFT Thurman East Property for $18.8MM in Portland’s Northwest Submarket
Office property trades at $296 per square foot as investment activity reflects repriced valuations BHRE Group acquired Thurman East, a 63,513 square foot...
The Greenbrier Companies Renews 56,983 SQFT Lease at One Centerpointe in Portland’s Kruse Way
Rail car manufacturer secures largest Q4 lease in market as suburban properties attract tenant activity The Greenbrier Companies secured the largest office lease...
Portland Office Market Navigates Adjustment Period with Vacancy Reaching 27.3 Percent in Q4 2025
Leasing activity declines 12 percent as investment sales total $313 million amid continued valuation repricing Portland’s office market concluded 2025 facing continued headwinds...
Clarion Partners Lists 158,000 SQFT Bellevue Plaza East Office Building as Eastside Market Shows Recovery Signs
Clarion Partners has listed Bellevue Plaza East for sale as the Eastside office market demonstrates early signs of stabilization following several challenging years....
Amazon Wins $83MM Bid for Oregon’s Massive Sunstone Solar Project
Tech giant outbids Puget Sound Energy for 1,200-megawatt facility to power expanding data center operations Amazon is moving to secure its energy future...
Asian Lifestyle Retailer Teso Life to Open Second Washington Store with 23,500 SQFT Lease in Tukwila
The Japanese products retailer plans 10 state locations within four years following successful Federal Way debut Teso Life, a New York-based Asian lifestyle...
Brinkman Real Estate, Blue Field Capital Buy 60-Unit Townhome Property in Oregon City
Oregon City, Ore.– January 12, 2026 – CBRE facilitated the sale of Holmes Park, a newly constructed 60-unit multifamily townhome community located at...
Blackfish Capital Plans 173-Unit Affordable Housing Complex Near Lynnwood Light Rail Station
Seven-story Apollo Scriber Lake project targets families with below-market rents west of Scriber Lake Park Lynnwood’s residential landscape continues evolving as transit-oriented development...
Labor Market Treads Water as Job Growth Stalls in Final Month of 2025
December payrolls rose just 50,000 while unemployment edged down to 4.4 percent, leaving Fed likely on hold for January meeting The U.S. labor...
Habitat for Humanity to Build 50 Affordable Townhomes in North Portland’s University Park
True North project prioritizes N/NE Preference Policy families with permanently affordable homes Habitat for Humanity Portland Region will break ground this spring on...
Macy’s to Shutter 35,000 SQFT Furniture Clearance Center in Tukwila
Closure part of retailer’s plan to close 150 underperforming stores nationwide by 2026 Macy’s Inc. will shutter its Furniture Clearance Center in Tukwila...
U.S. Housing Construction Starts Slide 4.2% to a 1.25MM Pace as Builders Pull Back
Elevated inventories, affordability pressures and uneven demand keep residential construction subdued After several years in which housing construction helped buffer the economy against...
