Industry News
Pacific Urban Investors Acquires 387-Unit A’Cappella Apartment Homes in Lynnwood for $112MM
CBRE announces $112 million sale of Lynnwood, Washington apartment community An affiliate of Pacific Urban Investors has purchased A’Cappella Apartment Homes, a 387-unit...
Portland Retail Deliveries Collapse 97% as 515,000 SQFT Pipeline Stalls
Portland's retail pipeline held at 514,643 square feet in 2Q 2026 while deliveries fell to zero, extending a two-quarter drought that has left...
Toro Street Acquires 128-Unit Carriage Park in Vancouver for $29.4MM as Jackson Square Properties Exits Walnut Grove
Toro Street has paid $29.4 million for Carriage Park, a 128-unit garden-style community on Vancouver’s NE 72nd Avenue, closing out Jackson Square Properties’...
Portland’s Apartment Construction Pipeline Shrinks 36% to 4,215 Units as Deliveries Slow to 781
Developers delivered 781 apartments across the Portland metro in the second quarter and are carrying just 4,215 units in active construction, a pipeline...
Seattle Landmarks Board Weighs Historic Status for 111,000 SQFT McKinney Center in Central District
A city board will decide next week whether to advance historic protection for a six-story Central District property that began as a Black-led...
Lincoln Property and Bridge Investment Open 194-Unit 440 West Apartments on Vancouver’s Waterfront
Lincoln Property Company and Bridge Investment Group have delivered 440 West, an eight-story, 194-unit luxury apartment tower on Vancouver’s Columbia River waterfront, planting...
Metropolitan Hardwoods Renews 107,000 SQFT in Kent as the Valley Absorbs the Market’s Steepest Occupancy Losses
Metropolitan Hardwoods has renewed 107,000 square feet at its longtime Kent Valley home, keeping the building-products distributor anchored in a submarket that shed...
Capital Lumber Signs 126,000 SQFT New Industrial Lease in Puyallup/Sumner
Capital Lumber, one of the West’s largest wholesale distributors of building materials, has committed to 125,837 square feet of industrial space in Puyallup/Sumner,...
Seattle CBD Land Values Fall 47%, Bellevue Rises 1.72% in King County Revalue
King County’s 2026 commercial revalue stripped $3.12 billion from the county’s assessed commercial base, and a single appraisal area covering downtown Seattle and...
Olympia Clears 478-Unit West Bay Yards on Budd Inlet, Denying Environmental Appeal
West Bay Development Group cleared a critical hurdle for its long-planned waterfront redevelopment when Olympia’s hearing examiner approved shoreline permits and rejected an...
Tech Layoffs Drag on Seattle-Area New-Home Demand, D.R. Horton Flags as Q3 Profit Slips
D.R. Horton executives pointed to a wave of software-industry layoffs around Seattle as a leading drag on new-home demand in the Pacific Northwest,...
Wells Fargo Sees Rates Higher for Longer as AI Data Centers Anchor Commercial Construction
Wells Fargo's latest U.S. outlook warns that stubborn inflation and a more hawkish Federal Reserve will keep borrowing costs elevated into 2027, sustaining...
