Industry News
Demolition Begins on 438-Unit Affordable Housing Project Near Mount Baker Station
Demolition crews have started clearing the north parcel of Seattle’s long-planned Mount Baker Redevelopment Sites, marking the first visible construction activity on a...
Timberlane Partners’ $84MM Redevelopment Plan Would Replace Ballard Goodwill With 300 Apartments in Seattle
A pre-application land use filing with the Seattle Department of Construction and Inspections signals that the longtime Ballard Goodwill store could soon give...
King County Pays $14MM for 25-Acre Former Cedar River Asphalt Plant Site Near Renton
King County paid $14 million to buy out Lakeside Industries’ 25-acre Cedar River property near Renton — once slated for an asphalt plant...
Eastman Companies Buys 192-Unit Grove at Cheney in Spokane County from Harrison Street for $18MM
The Cheney sale is one piece of a larger, three-property transaction: JLL Capital Markets announced July 27 that it had arranged $39.44 million...
Flexential Buys 496,000 SQFT Hillsboro Data Center Campus from T5 Data Centers for $223MM
Flexential’s $223 million purchase of two Hillsboro data centers it had previously leased from T5 Data Centers accounted for the overwhelming majority of...
Lipoma Firs Townhomes Hits Market in Puyallup With Assumable 2.87% Loan on 56 Units
Berkadia has brought Lipoma Firs Townhomes, a 56-unit townhome community in Puyallup’s South Hill area, to market carrying an assumable loan priced well...
Brookfield Takes 49% Stake in Healthpeak’s $2.1B, 86-Building Outpatient Medical Portfolio for $1.025B
Healthpeak Properties has sold a non-controlling 49 percent stake in a national portfolio of 86 outpatient medical buildings to Brookfield Asset Management for...
Heron’s Key Secures $107MM in Bonds for 112,000 SQFT Expansion of Gig Harbor Life Plan Community
Emerald Communities has locked in $107.165 million in tax-exempt bonds to build out a second phase at its Heron’s Key life plan community...
Portland Apartment Vacancy Tightens to 7.1% as Values Slide 13% and Cap Rates Widen to 6.4%
Portland’s apartment market has split in two: leasing fundamentals are quietly repairing themselves as demand outruns a collapsing supply pipeline, while the capital...
Clark County Absorbs 346,000 SQFT While Portland Sheds 868,000 SQFT, Splitting the Industrial Market in Two
Clark County absorbed 345,587 square feet in 2Q 2026 while metro Portland gave back 867,770, splitting the region's industrial market in two.
Portland’s 3MM SQFT Industrial Pipeline Lands Into Record 11.1% Availability
Portland’s industrial construction pipeline has thinned to roughly 100,000 square feet of new deliveries in a single quarter even as five projects totaling...
DCI International Buys 204,000 SQFT Wilsonville Industrial Building from Bill Naito Company for $31MM
A legacy Portland ownership group has cashed out of a large Wilsonville industrial building at $151.84 per square foot, handing the keys to...
