Industry News
Portland’s James Beard Public Market Delays Opening to 2027 as Costs Balloon to $35MM
Historic building discoveries and expanded scope push back highly anticipated food hall amid downtown’s struggle with 36 percent office vacancy Portland’s highly anticipated...
Repositioned 119-Room Portland Airport Hotel Lists at $8MM After Comprehensive Restoration
CBRE Markets Turnkey Property on 2-Acre Site With Projected 67 percent Stabilized Occupancy as Portland Hospitality Sector Shows Recovery A 119-room hotel property...
Oregon’s Unemployment Crisis Deepens: State Ranks Among Nation’s Worst
Analysis: Persistent job market weakness places Oregon in bottom tier nationally as manufacturing sector continues to shed workers Oregon’s unemployment situation has deteriorated...
Microsoft Shutters Employee Library in Redmond in Favor of AI-Powered Alternative
Tech giant phases out physical books and digital news subscriptions as part of broader shift to “AI-powered learning experience” Microsoft is dismantling its...
Sage Investment Group Buys 103-Room Issaquah Motel 6 for $9.7MM
27,460-square-foot property changes hands in Eastside hotel deal Shifts in travel patterns, housing demand, and investor strategy continue to reshape the lower-tier hotel...
D.R. Horton Affiliate Pays $11MM for 4.2-Acre Land Parcel in Auburn
Vacant site at 32727 56th Ave. S sold by Stowe Properties LLC affiliate at about $2.62 million per acre As residential builders reassess...
Small Business Optimism Climbs to 99.5 as Economic Uncertainty Falls to Seven-Month Low
Policy clarity and monetary easing drive nine-point jump in near-term outlook despite persistent labor challenges American small business owners closed out 2025 with...
Downtown Seattle Retail Building at 601 Pine Sells for $8MM, 76% Below Appraisal
Pike-Pine Corridor Property Trades at Deep Discount as Buyer Plans Extensive Renovation Amid Softening Market The sale of 601 Pine Street in downtown...
Downtown Seattle Ranks Second Among Peers in Residential Construction with 3,325 Units Underway
Housing development drives urban recovery as downtown population reaches record 109,845 residents, though building permits fall to historic lows Downtown Seattle’s residential construction...
Shorenstein Properties Seeks to Rezone 150, 400 SQFT Portion of Kruse Woods Corporate Park in Lake Oswego for Housing
Lake Oswego Planning Commission approves zoning change for underutilized office buildings; City Council to consider proposal Shorenstein Properties is moving forward with plans...
44-Unit West Seattle Multifamily Property Hits Market at $10.5MM
Newly completed California Avenue apartment building offers investors turnkey cash flow as Seattle construction pipeline contracts sharply A newly constructed Merz, a 44-unit...
ScanlanKemperBard’s Historic Georgetown Malt House in Seattle Proposed for ~24-Unit Apartment Conversion
GGLO Architects to present plans for residential redevelopment of century-old brewery building to Seattle’s Landmarks Preservation Board A historic building that was once...
