Retail
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...
Everett Port Seeks Developer for Entertainment-Focused Retail Complex at Waterfront District
Washington state facility aims to expand mixed-use project with ground-floor activation strategy The Port of Everett is hunting for a developer to construct...
7 Brew Coffee Targets Pacific Northwest Expansion as Drive-Thru Competition Intensifies
Fast-growing Arkansas-based chain seeks high-traffic sites in Washington and Northern Idaho amid surging demand for convenience-focused beverage concepts The drive-thru coffee wars are...
Retail Real Estate Shows Recovery Signs with 5MM SQFT of Net Absorption in Q3
Sector rebounds from rare back-to-back declines as consumer spending resilience bolsters holiday outlook The commercial retail sector is demonstrating renewed strength as the...
Seattle Retail Market Sees Vacancy Rise to 3.8% as Leasing Activity Falls to Five-Year Low
Q3 report shows 246,000 SQFT of negative absorption and 41 percent drop in sales volume as developers turn cautious The Puget Sound’s retail...
DLC-DRA Joint Venture Pays $54MM for 175,000 SQFT Alderwood Mall Adjacent Retail Center in Lynnwood
Transaction marks latest piece of $625 million West Coast expansion as retail market faces mixed signals A retail property across from Alderwood Mall...
Portland Multifamily Market Cools as Sale Prices Drop 23% to $167,000 Per Unit
Vacancy rate falls to 8.7% while construction pipeline shrinks 68% year-over-year in Q3 2025 Portland’s apartment market is entering a period of adjustment...
KKR Acquires 143,000 SQFT Former Sears Anchor Property in Portland for $9.1MM as Lloyd Center Redevelopment Advances
143,000 SQFT property completes private equity firm’s control of Portland mall site The transformation of aging shopping centers into mixed-use developments continues to...
McNellis to Accountants: Gimme Shelter
(Editor’s note: this essay is taken from John’s forthcoming 3rd edition of Making it in Real Estate which, with only a bit of...
Widmyer Corporation Buys 21-Unit Mixed-Use Greenlake Pointe in Seattle for $10MM
(Editor’s Note: According to King County public records, the buyer was an entity affiliated with Widmyer Corporation, and the seller was an entity based...
