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Aerial view of Renton, WA
CommercialFinanceIndustry News

Seattle Children’s Hospital Pays $46MM for Renton’s Cedar River Corporate Park

The pediatric health system bought a 12.4-acre flex campus across the street from the Renton office portfolio it bought from Providence in 2022,...

mall comeback, mall trends 2024, shopping center traffic, retail experiences, future of malls
FeaturedFinanceIndustry NewsPortlandRetail

Macerich’s 2026 Playbook Shows the Mall Market Splitting Into Trophies and Holdouts

Macerich's third-quarter results read like a field guide to the 2026 mall market, with the REIT buying malls again, swapping 6.6 percent mortgage...

Port of Tacoma aerial view
FeaturedIndustrialIndustry NewsLeasing

Three Puget Sound Industrial Districts Top 25% Vacancy as Spec Warehouses Sit Empty

CBRE's third-quarter 2026 district data shows Tacoma West, Federal Way and North Snohomish County each carrying industrial vacancy more than double the regional...

markus-spiske-BTKF6G-O8fU-unsplash - retail
FinanceIndustry NewsRetail

New York Investors Pay $13.8MM for Lowe’s Ground Lease Next to Kent Des Moines Light Rail Station

At about $30 per square foot of land, the leased-fee deal shows how light rail is turning a 2006-era big-box site on Pacific...

Portland
FinanceIndustrialIndustry NewsPortland

Lincoln Property, DRA Advisors Buy 299,000 SQFT Portland Industrial Portfolio for $45.25MM

The five-building portfolio, marketed by JLL as fully leased Class B distribution space with a 3.8-year weighted average lease term, changed hands as...

Retail rack and bags
AECIndustry NewsLeasingRetail

Alo Yoga Targets 7,500 SQFT Former Old Navy Space at Downtown Seattle’s O’Shea Building for First City Store

Los Angeles athleisure brand Alo Yoga has filed plans to convert the long-vacant former Old Navy space at 511 Pine St. into a...

getty-images-PEJHeCeqREM-unsplash-grocery
FinanceRetail

PSP Investments, Nuveen Launch $790MM Grocery-Anchored Retail Venture With 19 Open-Air Centers

Canada's Public Sector Pension Investment Board and Nuveen Real Estate have launched a joint venture that has already deployed $790 million across 19...

Mobile home park
FinanceIndustry NewsResidential

Desimone Enterprises Buys 213-Site Vista Del Rio Manufactured Home Community in Vancouver for $30MM

Desimone Enterprises has bought Vista Del Rio, a 213-site, 55-and-older manufactured home community in East Vancouver, ending nearly five decades of Nielsen family...

Sparks from metal work
IndustrialIndustry NewsLeasing

Rainier Industries Renews 131,000 SQFT at Its Tukwila Headquarters on Olympic Avenue South

Rainier Industries, the 130-year-old Seattle-born maker of tents, displays, awnings and custom signage, has committed to another term at its 131,000-square-foot manufacturing headquarters...

Amazon logo
IndustrialIndustry NewsLeasing

Amazon Leases 91,000 SQFT Everett Commerce Center Building

Amazon has returned to an Everett warehouse it left two years ago. Permit filings suggest the space will serve the company's satellite internet...

Warehouse with trucks
IndustrialIndustry NewsLeasing

Holman Distribution Center Commits to 428,000 SQFT at Sumner Central as Sumner Leads Puget Sound Industrial Absorption

Logistics operator Holman Distribution Center took on 245,000 more square feet and renewed another 183,000 square feet at Sumner Central in the third...

yu-gui-gI1kLppba9k-unsplash-seattle park
FinanceIndustry NewsResidential

47-Unit Stream 403 Apartments on Seattle’s Capitol Hill Sells for $20.4MM

The 47-unit Stream 403 apartments at 403 Belmont Ave. E on Seattle’s Capitol Hill sold for $20.4MM, or about $434,000 per unit.

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PNW CRE Rising Stars

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