CoStar
Seattle to Unveil Denny Way Bus Lane Plan to Rescue Metro Route 8, Corridor’s Largest Employers
Mayor Katie Wilson’s administration is set to commit to dedicated transit infrastructure on one of the region’s most congested commercial arteries, a move...
Vancouver Hospitality Partners Lists 89-Room La Quinta Inn & Suites in Vancouver as Retiring Owners Seek Buyer
The select-service hotel along I-5 has averaged more than $2.5 million in annual room revenue and over $658,000 in net operating income since...
Prologis Names Seattle Among Two Softest U.S. Industrial Markets as Puget Sound Vacancy Climbs to 9.7%
The logistics giant says elevated vacancy, muted demand and a supply overhang have pushed Seattle’s recovery timeline further out than the national average....
Puget Sound Industrial Market Faces Mounting Headwinds as Vacancy Climbs to 9.3% in Q1 2026
Trade disruptions, declining port volumes, and cautious occupier demand are weighing on the region’s industrial fundamentals, though pockets of strength in Pierce County...
Seattle Retail Market Holds Steady in Q1 2026 as Vacancy Creeps Higher and Tenants Grow More Selective
Stable rents and disciplined construction are keeping Puget Sound retail fundamentals intact, but negative net absorption and cautious leasing point to a market...
Portland City Council Explores Vacancy Fee on Landlords as Downtown Struggles With Record-High Empty Space
Councilors have commissioned a $62,520 study to explore how a long-term vacancy fee might be structured The Portland City Council is exploring whether...
AI Workforce Disruption Poses Existential Risk to Office Space Demand in Knowledge Economy
Research reveals theoretical replacement capacity far exceeds current adoption, but future commercial real estate contraction looms if automation accelerates Anthropic’s latest research mapping...
Abandoned 148-Unit Burnside Project Underscores Portland’s Worst Construction Drought in 15 Years
A developer’s decision to walk away from a five-story apartment complex on East Burnside Street reflects the financial headwinds stalling residential development citywide,...
Portland City Council Unanimously Approves Zoning Map Changes on 19 Nonprofit-Owned Sites to Accelerate Affordable Housing
The Affordable Housing Opportunities Project removes zoning barriers on properties owned by public agencies and nonprofit housing providers, arriving amid a sharp decline...
Sculptor Capital Acquires 506-Room Portland Marriott Downtown Waterfront for $30MM in Distressed Sale
The landmark waterfront hotel at 1401 S.W. Naito Parkway traded at approximately $59,300 per room — a 64 percent discount from its $82.7...
Sound Commercial Investment Holdings Acquires PNRI’s 45,000-SQFT First Hill Lab Facility at 720 Broadway in Seattle for $6.5MM
Nonprofit biomedical research institute sells longtime headquarters at a steep discount to assessed value, plans to lease back the building to preserve research...
147-Unit Mountain Glen Townhome Community in Bend Trades for $25.5MM
The Q4 2025 transaction values the east Bend apartment community at approximately $173,469 per unit as investor interest in Oregon’s secondary markets continues...
