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AECIndustry NewsResidentialRetail

MHR Capital Group Doubles Down on Kennewick with 436-Unit, 642,000 SQFT Residential Phase

The District Residences would layer urban-density housing onto a federally designated Opportunity Zone already anchored by a $47MM AC Hotel by Marriott and...

Spokane city line
FeaturedIndustry NewsResidential

Eastern Washington Apartment Market Cools in Q1 With Sales Volume Sliding 78% From Q4

Q1 transactions drop to 14 deals worth $33 million as vacancy ticks down to 7.8 percent and operators brace for a summer leasing...

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Industry NewsLeasingRetail

Nordstrom Rack Lands 25,000 SQFT Kennewick Store at Tri-Cities Center

The off-price retailer joins Burlington at the BPG Investments-owned plaza, anchoring a soft-goods repositioning in the Tri-Cities. Nordstrom Rack has leased 25,000 square...

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AECFeaturedFinanceIndustry NewsLeasingRetail

Washington Retail Cap Rates Climb for Fifth Time in Six Quarters as Vacancy Holds Above 4%

Lee & Associates Q1 2026 data shows a Pacific Northwest retail market under pressure, with sale pricing down and landlords beginning to soften...

Spokane city line
FeaturedFinanceIndustry NewsResidential

Vintage Stock Dominates Eastern Washington’s March Apartment Trades as $7.4MM Changes Hands

Three multifamily transactions closed across Kennewick and Spokane in March, pricing between $91,250 and $120,000 per unit and setting the stage for a...

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FeaturedFinanceIndustry NewsResidential

Eastern Washington Apartment Market Posts $388MM in 2025 Sales as Value-Add Properties Drive Transactions

The Eastern Washington multifamily market rebounded from a sluggish start to record its strongest fourth quarter since 2021 Eastern Washington’s apartment investment market...

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AECFeaturedIndustry NewsResidential

Tri-Cities Apartment Construction Surge Delivers More Than 1,500 Units, Easing Rents as Developers Test the Market’s Limits

A roughly 10 percent expansion in rental stock is bringing relief to tenants, but rising vacancies in newer properties and slowing absorption raise...

Graphic of shopping bags on conveyor belts
FinanceIndustry NewsNews ReleasesRetail

BPG Investments, Startup Development Partners Acquire 14.2-Acre Tri-Cities Retail Center in Off-Market Deal for $10.5MM

Kennewick, WA — June 27, 2025 — BPG Investments and Startup Development Partners closed on a premier 14.18-acre shopping center in the heart...

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FinanceIndustry NewsResidential

245-Unit Kamiakin Apartments in Kennewick Sold for $25.4MM

By The Registry Staff An apartment complex in Kennewick has traded hands, showing that the eastern portion of the state continues to draw...

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News Releases

7,111 SQFT Office Building in Kennewick Trades for $3.5MM

KENNEWICK, WA, April 28, 2025 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing,...

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AECCommercialIndustry News

Kennewick Could Soon See New 63-Mile Trail System Linking Foothills to Columbia River Shoreline

By The Registry Staff A transformative vision is taking shape in Kennewick that could redefine how residents experience their city. According to a...

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CommercialFeaturedIndustry NewsNews Releases

World Cup LOC Announces Additional Fan Zones Across Washington

SEATTLE, WA – The Seattle FIFA World Cup 26TM Local Organizing Committee (SeattleFWC26) announced today that they will be partnering with nine locations...

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