Retail
Taiwan’s Fastest-Growing Tea Brand UG Tea Launches Washington Expansion, Targeting Greater Seattle Retail Corridors
Unique Green Tea (UG), recognized as Taiwan’s strongest tea brand in 2024, has launched an aggressive site selection campaign across Washington’s Puget Sound...
O’Keefe Development Sells 10,000 SQFT Normandy Park Retail Strip for $10.4MM
Sale reflects building-by-building execution from larger grocery-anchored center listing Retail investment activity around Seattle–Tacoma International Airport continues to draw institutional interest, particularly for...
Panda Express Seeks Western Washington Sites for Multi-Unit Expansion
Fast-casual leader targets Pacific Northwest with drive-thru prototype as Asian cuisine segment captures growing market share Panda Express, the nation’s largest American Chinese...
After 106 Years, Eddie Bauer’s Retail Exit Signals End of an Era for Mall-Based Outdoor Apparel
The Seattle outdoor brand’s third bankruptcy in two decades exposes the fragility of mid-tier retail as Catalyst Brands shutters 200 stores while pivoting...
Lloyd Center Demolition Plans Advance as Portland Mall Enters Final Chapter
Owners present 5,000-unit mixed-use redevelopment plan to city officials as iconic 1960s shopping center prepares for transformation Owners of Portland’s Lloyd Center are...
Life Time Fitness Buys 143,000 SQFT Former Fred Meyer in Redmond for $32MM
Redmond’s Vacant Fred Meyer Finds New Owner in Fitness Industry A Fred Meyer property in Redmond that closed last year has traded hands....
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...
37,000 SQFT Costco-Anchored Retail Center in Spokane Valley Listed for $8.5MM
East Sprague Avenue asset offers investors a 6.55 percent cap rate and potential for additional development A fully leased retail center positioned adjacent...
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...
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...
Seattle Retail Market Faces Headwinds as Vacancy Climbs Above Historical Average
Region Posts Fifth Consecutive Quarter of Negative Absorption with Annual Total Reaching Negative 1.1 Million Square Feet The Puget Sound retail market ended...
