Central Business District
Norris & Stevens Renews Downtown Portland Office Lease at Standard Insurance Center
The Portland brokerage firm’s first renewal at Standard Center — where it has operated since 2015 — comes after it evaluated suburban alternatives,...
Seattle Cracks Top Five U.S. Downtowns for Stickiness as Portland Lags on Vibrancy, Gensler Finds
Seattle landed among the five most magnetic downtowns in the United States in Gensler’s latest global study of urban experience, even as neighboring...
Guardian and PCCP Acquire 332-Unit Ladd Tower for $63.3MM in Downtown Portland, 20% Below 2010 Trade
The 23-story Park Avenue high-rise marks the latest discounted bet on a downtown Portland comeback by Tom Brenneke’s Guardian Real Estate Services, and...
Hamilton Urban Partners Buys 52-Unit Crest Apartments in Seattle for $9.8MM
Capitol Hill property at 1718 Melrose Ave. trades below its $14.2 million June 2025 ask; seller tied to Metropolitan Management Company A period...
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...
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...
Lake Washington Partners and KCPQ FOX 13/KZJO FOX 13+ Announce Relocation to New Broadcast Studio at Axis9 in Seattle
FOX 13 to Relocate Operations to Downtown Seattle in 2026 SEATTLE, WA — December 18, 2025 — Lake Washington Partners (LKWP) and FOX Television Stations today announced that...
Urban Renaissance Group Sells 150,000 SQFT Morgan Building in Portland for $6MM, Marking 78% Decline from 2008 Purchase Price
Historic 150,040-square-foot downtown Portland office property trades at steep discount as market vacancy reaches record levels Portland’s commercial real estate market is experiencing...
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...
Portland’s PacWest Tower Sells for $55.7MM to Alaska’s Fountainhead in Sign of Modest Market Recovery
The 30-story office building’s sale price of $102 per square foot outpaces recent downtown distress deals, though still reflects steep discounts from pre-pandemic...
Portland Office Vacancy Hits Record 15.2% as Market Faces Prolonged Downturn
Leasing activity plunges to 641K SQFT while sales rebound on steep discounts Portland’s office market continues to struggle with fundamental demand challenges, as...
Portland’s Office Market Sinks to Historic Lows as Vacancy Reaches All-Time High
Leasing activity plummets while opportunistic investors circle distressed assets in a market transformed by remote work and economic headwinds Portland’s commercial office market...
