Industry News
Amaterra Hospitality Group Buys 85-Key RiverPlace Hotel for $11MM in Portland
A Portland wine group best known for its West Hills tasting room has made an unusual leap into hospitality, buying one of the...
Pacific Northwest Ballet Leases 20,671 SQFT for New Peter Boal Center in Seattle’s SoDo
Seattle’s SoDo neighborhood, long defined by forklifts and freight, is about to make room for pliés and pirouettes, as Pacific Northwest Ballet leases...
Schrödinger Renews 17,000 SQFT at Downtown Portland’s One Main Place
A computational drug-discovery firm’s decision to stay put underscores CBRE’s read that science and tech tenants are anchoring the central city. Schrödinger, the...
Bellevue Moves to Rezone Bellevue College Campus With New Institutional District to Unlock Expansion
The City of Bellevue has launched a land use code amendment and legislative rezone that would create a first-of-its-kind Institutional land use district...
Puget Sound’s Industrial Construction Pipeline Craters 93% Even as Spec Deliveries Flood a 12.6% Vacancy Market
A cluster of large speculative projects delivered or broke ground across the Puget Sound in the second quarter even as developers slammed the...
Odom Corporation Pre-Leases 250,000 SQFT at Tarragon’s SeaPORT Logistics Center in Sumner, Consolidating Two Northwest Facilities
The Odom Corporation, the Bellevue-based beverage distributor, has pre-leased 250,000 square feet at Tarragon’s SeaPORT Logistics Center in Sumner, anchoring a newly delivered...
AT&T Weighs Exit From Bothell Campus, Eyes 250,000 SQFT in Bellevue
AT&T is quietly shopping for a new Eastside office home while weighing whether to abandon and sell the three-building Bothell campus it has...
Wright Runstad Files Design Review for 555 Units in Bellevue’s Spring District
A 2007-vintage master plan just added another 555 apartments, timed to Bellevue’s brand-new light rail line rather than the freeway. Wright Runstad &...
Proptech Firm OneApp Takes 16,000 SQFT at Portland’s Field Office
A technology-oriented tenant has committed to a full floor at one of Portland’s newest creative-office campuses, a signal that demand from software occupiers...
Prologis Data Center Starts Reach $2.1 Billion as Power Pipeline Climbs to 5.8 Gigawatts
Prologis is rapidly scaling two businesses born from its logistics platform — data centers and energy — with data center development already exceeding...
Asana Partners Markets 36,000 SQFT Capitol Hill Retail Pair for $17.49MM, Six Years After $15.33MM Assemblage
Charlotte-based Asana Partners has put two fully leased retail buildings in the heart of Seattle’s Pike/Pine corridor up for sale at a combined...
Metro Steers Record $26MM to 51 Portland-Area Parks Projects as Tigard Greenway Loses Out
The Metro Council approved its largest-ever round of parks and nature grants on Tuesday, distributing more than $26 million to 51 projects across...
