Industry News
Portland Business Coalition Bets on High-Speed Rail to Reset Oregon’s Economic Trajectory
Mayor Keith Wilson, the Portland Metro Chamber and major institutional players are pressing Gov. Tina Kotek’s Prosperity Council to make Cascadia rail a...
Cambia Lands 90,000 SQFT Sublease at Terminal 1, Filling the Vancouver Waterfront’s Largest Empty Block
Portland-based health insurer pulls workforce from downtown Vancouver into ZoomInfo’s surrendered space, easing pressure on the region’s most-watched office sublease. The mystery tenant...
Washington Begins $16.5MM Teardown of 284,000 SQFT Capitol Office Building, Opening Prime Olympia Redevelopment Site
The General Administration Building’s demolition clears one of the most strategically positioned parcels on the Capitol Campus, with state archivists already lobbying for...
Building Reimagined Pulls 21-Story Mass Timber Tower Plan for Downtown Seattle’s Ross Site
Developer withdraws permit submissions for 340-unit, $160MM-to-$180MM residential project at 301 Pike Street as financing pressures and ownership fragmentation derail one of downtown...
UK Hyperscaler Nscale Leases 24,000 SQFT at The Eight in Bellevue, Plans Hundreds of Hires
Fresh off a $2 billion Series C round, the Nvidia-aligned data center startup will plant its U.S. engineering flag in downtown Bellevue, joining...
Trimark Hospitality Sells 116-Room La Quinta in Federal Way for $14.5MM
A Seattle-based investor has expanded into the South King County lodging market with a mid-priced hotel acquisition along the Interstate 5 corridor The...
Insite Property Group Buys 81,000 SQFT University Place Self-Storage Asset for $13.7MM
A Southern California buyer has expanded into the Puget Sound self-storage market with the acquisition of a long-established facility in University Place, just...
Amazon to Lease 1.2MM SQFT Kelso Warehouse, Expanding I-5 Fulfillment Footprint
The Trammell Crow-developed Mid I-5 Industrial Park, which delivered speculatively in December, will house an Amazon facility creating several hundred jobs along the...
Live Nation Plants Flag in Seattle’s Sodo With 5,500-Capacity Concert Hall
The concert promoter’s first Seattle-proper venue lands across from T-Mobile Park, targeting the underserved gap between theaters and arenas with a 2029 opening....
Invesco Lists 99-Unit Saffron Mixed-Use Asset in Sammamish at $54.3MM Appraised Value
JLL and Newmark are marketing the value-add multifamily and 47,304-SQFT retail center in one of the Eastside’s most supply-constrained submarkets. Invesco Real Estate...
Pacific Northwest Power Grid Hurtles Toward 9 GW Shortfall by 2030 as Load Growth Outpaces New Builds
E3 study commissioned by 22 regional utilities warns that data centers, electrification and coal retirements are colliding with institutional barriers that have stalled...
Gloom Coffee Lands at Rubicon’s Masin Block in Pioneer Square
Specialty roaster’s arrival signals a tenant-curation playbook taking hold inside Seattle’s most challenged office submarket. Rubicon Point Partners has secured Gloom Coffee as...
