Retail
Hurley Development Sells 35,500 SQFT Union Station in Camas for $18.7MM
(Editor’s Note: According to public records, the seller is an entity affiliated with Hurley Development, which developed the property.) CAMAS, Wash. (Dec. 3,...
Seattle’s Maritime Building Lands New Retail Tenants Totaling 24,700 SQFT As Waterfront Makeover Lifts Leasing Prospects
Seven tenants will occupy 24,710 square feet at the 114-year-old property, owned by STRS Ohio and managed by Unico Properties Seattle’s waterfront has...
McNellis on CMBS: “Commercial Mortgage BS”
By John McNellis This essay is taken from John’s forthcoming 3rd edition of Making it in Real Estate. I was leaning against the bar...
Retail Sales Rose Just 0.2% in September as Control Group Slips 0.1%
Wells Fargo Economics says a soft September keeps holiday spending forecasts intact but leaning toward the lower end of the 3.5 percent–4 percent...
Barnes & Noble Returns to Downtown Seattle with 17,500 SQFT Lease at Tishman Speyer’s 520 Pike
Tishman Speyer Secures Downtown’s Largest Lease in Five Years, As Leading Bookseller Reestablishes Downtown Flagship Seattle, December 1, 2025 – Tishman Speyer today...
Kirkland Negotiates Deal for $78.8MM Kraken Ice Facility
City would retain purchase option on privately-financed community center and NHL-standard rinks in novel public-private partnership The City of Kirkland is advancing negotiations...
Commercial Real Estate Construction Posts First Quarterly Gain Since 2022
Office and industrial starts drive Q3 2025 uptick after three years of decline The commercial real estate development sector is showing tentative signs...
Why CRE Experts Say the Looming $1.26 Trillion Debt Wall Can Be Scaled
By Kidder Mathews Roughly $1.26 trillion in commercial real estate loans are set to mature through 2027. Most originated in the mid-2010s, when rates averaged between...
Skanska Announces Two New Retail Leases Totaling 5,200 SQFT at Kaye in Seattle’s Belltown Neighborhood
Local retailer Eva’s Café & Bar and BODYROK are scheduled to open next spring at the new 31-story residential tower, where downtown Seattle’s...
Macerich Posts $87MM Loss as Pacific Northwest Properties Navigate Market Transitions
The REIT’s Oregon holdings show steady performance amid broader portfolio challenges, with Washington Square representing 7.4 percent of go-forward income The Macerich Company...
Puget Sound Retail Market Stabilizes as Investment Sales Rise 5.9% in Q3
CBRE reports negative absorption of 390,000 SQFT as leasing demand cools but spending keeps retailers afloat After several quarters of strong activity, the...
Barnes & Noble Bets on Downtown Seattle’s Revival With New Pike Street Store
The bookseller’s planned return to Seattle’s core signals growing confidence in the city’s retail recovery Barnes & Noble is bringing books back to...
