Cushman & Wakefield
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...
Macerich Doubles Down on West Coast Trophy Malls While Shedding Underperformers
The Santa Monica REIT’s Q1 2026 results reveal a portfolio strategy splitting Pacific Coast assets into two clear camps: properties worth fighting for...
Maersk to Shutter 205,000 SQFT Lakewood Warehouse as Puget Sound Industrial Vacancy Hits Record High
The Danish shipping giant will lay off 44 workers on June 30, joining a wave of logistics retrenchment across a Pacific Northwest market...
Bellevue Reopens Its Downtown Playbook as Eastside Office Market Pulls Tenants From Seattle
City Council initiates Downtown Livability 2.0, a rewrite of the 2017 land use code aimed at the next wave of high-rise development across...
Oregon’s Retail Sector Bleeds Jobs at Five Times the National Rate as Portland’s Urban Core Falters
State retail employment has cratered nearly 6 percent since 2019 while the rest of the country barely flinched, exposing a localized contraction that...
Kotek Signs $365MM Bond Bill for Moda Center, Pressures Portland Council on $400MM Share
Oregon’s governor wants the city’s funding commitment locked in by early summer to keep the Trail Blazers tied to the 31-year-old arena through...
Bosa Clears Bellevue Strip Mall to Build 143-Unit Park Row Condo Tower Next to Downtown Park
Vancouver-based developer begins demolition on $109MM, 22-story luxury project as Eastside condo inventory swells and pricing softens. Bosa Development has begun tearing down...
Bellevue Locks In 5,700-Unit Affordable Housing Target as Eastside Tech Boom Strains Market
The seven-year strategy more than doubles the city’s previous goal as record corporate leasing collides with rising rents and a regional construction slowdown....
Apartment Titans AvalonBay and Equity Residential Eye $50B Merger That Could Redraw US Rental Map
The two largest US apartment REITs are in early-stage talks on a combination that would create a roughly 200,000-unit landlord and reignite REIT...
Amazon Opens 1.75-Acre “Meadow” at Stalled Bellevue 600 Tower 2 Site, Doubling Down on Eastside Footprint
Tech giant transforms paused construction parcel into a public park as Tower 1 build-out continues toward 2027 completion Amazon has converted the dormant...
Seattle Holds Steady for BXP as Downtown Vacancy Climbs to 36.5%
The largest premier workplace REIT keeps its two-asset Seattle CBD portfolio at 80.7 percent occupied even as the broader downtown market posts the...
Alexandria’s 701 Dexter Crosses Toward Stabilization As Seattle Lab Demand Reawakens
Lake Union flagship anchors Alexandria’s bet on the region’s institutional research base while peripheral inventory languishes. Seattle’s life science real estate market is...
