Industry News
Portland Targets 15 Nuisance Properties Carrying $1.49MM in Liens as Foreclosure Machine Restarts
Portland is moving to foreclose on 15 derelict commercial and residential properties saddled with nearly $1.5 million in unpaid code-enforcement liens, reviving a...
SecureSpace Opens 63,000 SQFT, 655-Unit Self-Storage Facility in University Place, WA
SecureSpace Self Storage has planted its 17th flag in the Seattle metro with the opening of a rebranded, 655-unit facility in University Place,...
Daniels, STROM Group Plan $40MM Nordic Wellness Destination at Kenmore’s Lodge at St. Edward Park
Daniels Real Estate has enlisted Quebec’s STROM Group to convert a long-dormant pool building and meeting rooms at the historic Lodge at St....
Two SeaTac Development Sites Listed for $7.6MM With 200-Unit Multifamily Potential Near the Airport
Kidder Mathews is marketing a pair of adjacent SeaTac parcels totaling roughly 1.3 acres that could support more than 200 residential units, positioning...
Extra Space Storage Buys 144,000 SQFT Self-Storage Facility in Puyallup for $18.4MM
Extra Space Storage’s wholly owned Puyallup purchase stands out against a year defined by joint-venture deal-making. The nation’s largest self-storage operator has added...
Fully Leased First Tech Credit Union, Medical Portfolio Hits Market for $9.21MM in Hillsboro
A credit union just made $28.7 billion stronger and a four-tenant medical building are testing investor appetite for suburban Hillsboro net lease at...
Graystoke Capital Doubles Down on Central Washington with $31MM Buy of 103-Unit Sutton Place in East Wenatchee
Graystoke Capital Partners has acquired the 103-unit Sutton Place Apartments in East Wenatchee for $31 million, deepening the Mountain West investor’s push into...
Dext Capital Renews 23,000 SQFT at 5500 Meadows Road in Lake Oswego, Anchoring Kruse Way’s Premium Office Corridor
A specialty equipment lender recommits to the Lake Oswego office park it calls home, reinforcing a submarket that still commands the metro’s highest...
Geffen Mesher Signs 30,000 SQFT New Lease at Portland’s Newly Sold 200 Market Tower
A homegrown accounting firm bets on the Central Business District as fresh ownership works to fill one of downtown Portland’s landmark office towers....
Bridge Logistics Properties Buys 783,000 SQFT Harbor Freight Distribution Center for $174.5MM in Frederickson
A $174.5 million sale of Harbor Freight’s Frederickson warehouse suggests Pierce County’s industrial market has thawed out after a year-long capital markets freeze....
RISE Properties Trust Affiliate Sells 198-Unit Bower Village Apartments in Kent for $45MM
Kent Valley’s apartment market draws fresh capital even as Kidder Mathews reports softening fundamentals region-wide. A Nevada investment firm has picked up a...
Skanska Pushes 12-Story, 205,000 SQFT Mass-Timber Bevel Tower Toward Bellevue Entitlement Finish Line
Skanska has cleared another design and entitlement milestone on Bevel, its planned mass-timber office tower in downtown Bellevue, and is targeting Administrative Design...
