Central Business District
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...
Bellevue Office Market Nears Vacancy Peak as Major Leases Shape Q3 Activity
Downtown Bellevue marks historic convergence of vacancy and availability rates following Microsoft departure Bellevue’s office market reached a pivotal moment in the third...
Seattle’s AI Boom Reshapes the Emerald City’s Tech Landscape
How artificial intelligence is transforming the Pacific Northwest’s premier tech hub, driving unprecedented demand for talent and premium office space For years, Seattle’s...
Washington Capital Lists Historic 150,000 SQFT Morgan Building in Portland CBD for Sale
A historic, 150,040-square-foot mixed-use office and retail property in the heart of Portland’s Central Business District (CBD) has been placed on the market....
Portland Office Vacancy Reaches Record 15.1% as Leasing Hits All-Time Low
The Portland office market continued to weaken in the second quarter of 2025, with vacancy reaching an all-time high and leasing activity slowing...
91-Unit Multifamily Property in Seattle’s Capitol Hill Listed for Sale
A newly constructed 91-unit multifamily property located at 421 Belmont Avenue E in Seattle’s Capitol Hill neighborhood has been brought to market, with...
Tishman Speyer Places 400,000 SQFT 520 Pike Office Tower in Seattle on the Market for Sale
Prime Downtown Seattle Asset Seeks New Owner as CBD Real Estate Activity Continues Tishman Speyer has brought 520 Pike Street, a prominent 29-story...
52-Unit Multifamily Repositioning Opportunity in Seattle’s Capitol Hill Listed for $14.2MM
The Crest Apartments, a 52-unit multifamily property located at 1718 Melrose Ave. in Seattle, has been listed for sale. The 28,848-square-foot building sits...
Seattle Hotel Market Shows Strong Recovery Despite Economic Headwinds
Revenue per available room surpasses pre-pandemic levels as occupancy climbs to 70.3 percent Seattle’s hotel market continues its steady recovery from the pandemic...
120-Unit Mixed-Use Development Site in Seattle’s Capitol Hill Hits the Market for $12MM
A proposed 119,900-square-foot mixed-use development site located at 1520 13th Ave. in Seattle’s Capitol Hill neighborhood has been listed for sale. The three-parcel...
