Industry News

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SKB and RGA Acquire 513,000 SQFT Columbia River Collection Industrial Property in Portland

PORTLAND, Ore., Jan. 27, 2026 — ScanlanKemperBard (SKB), in partnership with RGA ReCap Incorporated (ReCap Real Estate Investments) on behalf of Reinsurance Group...

Historic 18-Unit Rex Building Hits Market for $5.65MM in Downtown Olympia

Century-old mixed-use building offers 6.35 percent cap rate in Washington capital where sub-5 percent vacancy and limited new supply drive investor demand A...

Alexandria Real Estate Slashes Dividend 45% as Life Science Downturn Forces Strategy Shift

The pioneering life science REIT posts its fifth consecutive quarterly loss while accelerating asset sales to shore up balance sheet Alexandria Real Estate...

MetLife Acquires Downtown Seattle’s 365,700 SQFT Westlake Tower from Unico Properties for $83.6MM

Foreclosure sale marks 65% discount from 2019 purchase as vacancy climbs to 33% amid Seattle office market struggles MetLife Real Estate has purchased...

Portland Retail Market Shows Resilience Despite Negative Absorption in Fourth Quarter 2025

Vacancy ticks up to 4.5 percent while asking rents climb to $2.01 per square foot as market absorbs 183,075 square feet of negative...

Amazon Pulls the Plug on Fresh and Go Stores in Strategic Retreat from Grocery Ambitions

The e-commerce giant is shuttering all 72 experimental retail locations as it refocuses on Whole Foods and delivery Amazon.com Inc.’s bold experiment in...

Exclusive Q&A: Lake Washington Partners Strengthens Leadership Team with Two Strategic Hires

Lake Washington Partners has appointed Jordan Schenk as Vice President of Portfolio Development and David Hilgers as Vice President of Real Estate Operations....

Consumer Confidence Plunges to Decade Low as Labor Market Anxieties Mount

Growing Job Market Concerns and Cost-of-Living Pressures Push Sentiment Below Pandemic-Era Levels American consumer confidence has fallen to its lowest point in a...

Portland Industrial Vacancy Climbs to 6.1% as $113.2MM Amazon-Anchored Sale Leads Q4 Activity

Kidder Mathews data shows leasing slowed to 1.6 million square feet while sales volume rose 27.2 percent for the year The Pacific Northwest’s...

U.S. Auto Force Leases 140,000 SQFT at NE Riverside Parkway in Portland’s East Columbia

December 2025 transaction with Prologis adds large automotive distributor to Portland logistics hub As industrial users across Portland adjust to slower economic growth...

Palmero Partners Is a Third-Generation Operator Reshaping Manufactured Housing Brokerage in the Pacific Northwest

Family-run firm leverages three decades of operational experience to advise on transactions exceeding $500 million while managing its own portfolio Palmero Partners is...

Tenant Signs 268,000 SQFT Industrial Lease at Prologis Property in Portland’s Airport Way

December 2025 transaction adds large logistics tenant to one of the metro’s busiest industrial corridors Changing demand patterns across Portland’s industrial market have...

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