NY State Pension Fund Taps Bridge Investment for $600MM Logistics Fund Targeting California and Pacific Northwest, Adds $181MM in Apartments
Pension fund establishes dedicated development vehicle while adding nearly $181 million in West Coast apartments to direct holdings The New York State Common...
Pacific Urban Investors Sells 206-Unit Terra at Hazel Dell in Vancouver, Wash.
1991-built property near Salmon Creek medical corridor was marketed alongside Haven at Golf Creek A 206-unit garden-style apartment community in Vancouver, Washington, has...
Legacy Partners Proposes 170-Unit Residential Project in Seattle
Legacy Partners’ 170-unit project near Fremont Hub would preserve historic Shannon & Wilson Building while adding commercial space and underground parking Seattle could...
Portland Staffing Firm Boly:Welch Moves Downtown with New 6,000 SQFT Lease
Firm reduces footprint by 2,000 square feet but stays committed to downtown presence A prominent Portland staffing and recruiting firm is relocating within...
Consumer Prices Expected to Rise 0.35% in December After Data Collection Issues
Wells Fargo forecasts 2.7 percent year-over-year headline inflation, down from September peak despite monthly rebound The longest government shutdown in U.S. history created...
Manufacturing Sector Closes 2025 With 10th Consecutive Month of Contraction, ISM Index at 47.8
Employment gauge shows modest improvement despite persistent weakness in new orders and production activity The disconnect between America’s booming overall economy and its...
BNBuilders Partnership Proposes 21-Story Mass Timber Tower to Replace Departing Ross Store in Downtown Seattle
$160-180 Million Development Would Bring 340 Family-Sized Apartments to Key Third Avenue Location A developer has unveiled plans for a 21-story mass timber...
Security Properties Withdraws from Purchase of Former QFC Site in Seattle Planned for 317-Unit Residential Project
Developer Cites Market Conditions and Failed Negotiations After Four Years Under Contract for Wedgwood Redevelopment Security Properties has withdrawn from an agreement to...
Seattle Condo Market Shows Divergence as High-Rises Gain 6.3% While Mid and Low-Rises Decline
Transaction volumes fall 5.4 percent to 839 sales as inventory tightens to 4.4 months, with all-cash deals rising to 32.2 percent of purchases...
Volvo Group Invests $37.7MM in Pacific Northwest Distribution Hub Amid Trade Headwinds
Swedish manufacturer doubles down on North American logistics infrastructure as tariff pressures reshape supply chain strategies The Volvo Group is moving forward with...
Sagard Real Estate Buys 162,400 SQFT Industrial Portfolio in Auburn for $27MM
(Editor’s Note: According to King County public records, the sales price was $27 million, or about $166 per square foot.) AUBURN, WA –...
Pacific Northwest Housing Market Shifts in Favor of Buyers
Seattle and Portland join national trend as sellers struggle to find demand, though regional dynamics vary The Pacific Northwest’s housing market has tilted...
Pacific Urban Investors Sells 206-Unit Terra at Hazel Dell in Vancouver, Wash.
1991-built property near Salmon Creek medical corridor was marketed alongside Haven at Golf Creek A 206-unit garden-style apartment community in Vancouver, Washington, has...
Portland Staffing Firm Boly:Welch Moves Downtown with New 6,000 SQFT Lease
Firm reduces footprint by 2,000 square feet but stays committed to downtown presence A prominent Portland staffing and recruiting firm is relocating within...
Westport Capital Partners Sells 296,000 SQFT Mohawk Business Park in Tualatin for $36.7MM
An office complex in a suburb of Portland has traded hands. According to Washington County public records, the Mohawk Business Park in Tualatin...
224,000 SQFT Historic Commonwealth Building in Portland Sells for $6.5MM, 57% Below Assessed Value
A 224,122-square-foot office tower at 421 SW 6th Ave. in downtown Portland has sold for $6.5 million, according to Multnomah County public records....
Silicon Valley Bank Takes 4,600 SQFT at 11W in Downtown Portland
Long-term lease adds momentum to West End office building as Central Business District vacancy reaches 36.3 percent Office leasing decisions in downtown Portland...
First AME Zion Church Secures $3M Grant for 44-Unit North Portland Affordable Housing Project
Oregon’s oldest Black church is embarking on an ambitious redevelopment project that will replace its North Portland sanctuary with a 44-unit affordable housing...
Consumer Prices Expected to Rise 0.35% in December After Data Collection Issues
Wells Fargo forecasts 2.7 percent year-over-year headline inflation, down from September peak despite monthly rebound The longest government shutdown in U.S. history created...
Eastside Office Market Records $106.4MM in Sales Across Six Transactions in Q4 2025
The Eastside office market closed 2025 with $106.4 million in investment sales across six transactions totaling 386,121 square feet, according to Broderick Group’s...
Eastside Office Construction Grinds to Halt After Tech-Fueled Building Boom
The Seattle Eastside’s office construction pipeline has fallen silent in 2025 after a remarkable three-year period that delivered nearly 5 million square feet...
3D Printed Houses and Other Fairy Tales
By Billy the Broker (I just want to stay anonymous) The prophecy was always that technology would save us. And here we are in 2026,...
The $200 Billion Question: Where Does Your Tariff Tax Go?
By Billy the Broker (I just want to stay anonymous) The Trump administration is crowing about collecting $200 billion in tariff revenues this year. Customs...
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...
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...
How Does Humanity Fit into an AI World?
By Hans Hansson, President of Starboard CRE Reflections from a Real Estate Convention and Beyond Introduction: An Unexpected Encounter in Nashville Last week...
Hudson Pacific’s Puget Sound Assets Hold Steady as Leasing Improves, Losses Persist
Hudson Pacific Properties’ third-quarter 2025 results showed continued financial strain for the West Coast-focused office landlord, but its Pacific Northwest assets—centered largely in...
Clarion Partners Buys Multi-Building Industrial Park Totaling 184,000 SQFT in Kent for $34.8MM
Four-building campus in heart of Puget Sound industrial corridor trades at $189 per square foot An industrial campus has traded hands in Kent,...
Labor Market Treads Water as Job Openings Fall to 7.1 Million
The U.S. labor market showed continued signs of cooling in November, with job openings declining and workers increasingly reluctant to leave their positions,...
Equity Residential Sells 408-Unit Centennial Apartment Complex in Seattle for $132MM
JRK Property Holdings acquires Belltown towers from Equity Residential in dual-building transaction A two-building apartment complex in Seattle has traded hands in a...
Eastside Office Construction Grinds to Halt After Tech-Fueled Building Boom
The Seattle Eastside’s office construction pipeline has fallen silent in 2025 after a remarkable three-year period that delivered nearly 5 million square feet...
Westport Capital Partners Sells 296,000 SQFT Mohawk Business Park in Tualatin for $36.7MM
An office complex in a suburb of Portland has traded hands. According to Washington County public records, the Mohawk Business Park in Tualatin...
Eastside Office Buildings Give Way to Housing as 426,000 SQFT Demolished for Residential Development
Five aging office buildings across the Eastside have been sold and demolished to make way for townhomes and apartments, reflecting a fundamental shift...
Tech Firms Find Growth Opportunities on the Eastside as Bellevue Emerges as Alternative Tech Hub
Nine major technology companies have leased a combined 595,000 square feet of office space on the Eastside over the past three years, establishing...
Eastside Office Market Records $106.4MM in Sales Across Six Transactions in Q4 2025
The Eastside office market closed 2025 with $106.4 million in investment sales across six transactions totaling 386,121 square feet, according to Broderick Group’s...