CBRE
OpenAI Nearly Quadruples Bellevue Space with 223,000 SQFT City Center Plaza Expansion
ChatGPT maker secures additional square feet as AI firms intensify Eastside presence OpenAI has committed to an additional 223,000 square feet at City...
Seattle Climbs to Ninth Most Attractive Investment Market as Pricing and Economic Diversity Draw Investors
Pacific Northwest gateway rises two spots in CBRE rankings as institutional capital returns to major markets with improved fundamentals and favorable valuations Seattle...
Uber Explores Major Bellevue Expansion at Four106 Tower
Ride-hailing giant in talks for downtown tower space as expansion beyond Seattle headquarters amid tech firm migration to Eastside Uber Technologies Inc. is...
Databricks in Talks to Significantly Increase Bellevue Footprint with Four106 Tower Lease
AI analytics firm negotiating for bulk of downtown Bellevue’s newest office tower as company prepares for anticipated public offering Databricks Inc. is negotiating...
Seattle Life Sciences Market Posts Modest Gains as Major Construction Project Completes
Pacific Northwest hub delivers 227,000 square feet of new lab space, accounting for more than 80 percent of national Q4 completions Seattle’s life...
Pacific Northwest Multifamily Markets Navigate Divergent Paths
Seattle Attracts Surging Investment While Portland Struggles; Regional Performance Splits on Development and Demand Fundamentals The Pacific Northwest’s two largest multifamily markets delivered...
Palmero Partners Is a Third-Generation Operator Reshaping Manufactured Housing Brokerage in the Pacific Northwest
Family-run firm leverages three decades of operational experience to advise on transactions exceeding $500 million while managing its own portfolio Palmero Partners is...
CIRE Equity Buys 857,400 SQFT Logistics Center in Troutdale, Ore., for $113.2MM
(Editor’s Note: According to a market report from Kidder Mathews, the sales price was $113.2 million, or about $132 per square foot.) CBRE has...
Developer Platform Docker Takes 34,000 SQFT in Seattle’s Historic Maritime Building
San Francisco tech firm returns to Pacific Northwest market through sublease as downtown office availability remains elevated A San Francisco-based software company has...
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...
Repositioned 119-Room Portland Airport Hotel Lists at $8MM After Comprehensive Restoration
CBRE Markets Turnkey Property on 2-Acre Site With Projected 67 percent Stabilized Occupancy as Portland Hospitality Sector Shows Recovery A 119-room hotel property...
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...
