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Evening Portland airport with lights reflecting in the water of the Columbia River, spring flowering tree in the foreground and hills covered with trees against the dark blue sky
FeaturedIndustrialIndustry NewsLeasingPortland

Airport Way Loses 574,000 SQFT in One Quarter, Accounting for 93% of Portland’s Industrial Decline

A single quarter pushed Airport Way's direct vacancy from 6.8 percent to 10.4 percent, turning one of Portland's core distribution districts into the...

Office building facade
CommercialFeaturedIndustry NewsLeasingPortland

Lake Oswego’s Kruse Way Leases 128,000 SQFT at Metro-High $43.32 Rents Despite 18.1% Office Vacancy

Lake Oswego's Kruse Way corridor commands $43.32 per square foot and just posted one of the metro's strongest quarters of leasing, even as...

Street view of the Woodinville city center sign outside of a major shopping area on a cloudy, overcast day
Industry NewsLeasingRetail

Lviv Croissants Seeks Shopping Center Space in Eight Puget Sound Cities as Ukrainian Bakery Chain Builds Out Its Seattle Base

Ukrainian bakery franchise Lviv Croissants has put out a requirement for 1,700 to 2,600 square feet of shopping center space across eight Eastside...

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

Nuveen Buys 91,000 SQFT Safeway-Anchored Redondo Square in Des Moines for $32.1MM

The $32.1 million Redondo Square deal comes as CBRE reports institutional buyers targeting grocery-anchored centers in the Puget Sound region, where Kidder Mathews...

Apartment buildings
AECIndustry NewsPortlandResidential

Cobalt Completes 174-Unit The Heights at Happy Valley, Adding Live-Work Units on Rock Creek Corridor

Cobalt's July delivery on the Rock Creek corridor pairs one- to three-bedroom homes with live-work units and a resort-style amenity package, with asking...

Apartment building facade
AECFinanceIndustry NewsResidential

Kōz Development’s 169-Unit Kōz on Wetmore in Downtown Everett Nears 2027 Opening

Kōz Development's 169-unit Kōz on Wetmore in downtown Everett is well underway and targets a 2027 opening, with half its units at affordable...

San Mateo, Essex Property Trust, BRE Properties
FinanceIndustry NewsResidential

Veritas Equity Partners Buys 70-Unit Viking Apartments in Lynnwood for $10MM

The 1962-built, seven-building complex near Edmonds College traded about 26 percent below its original $13.5 million asking price, though the longtime owner still...

modern apartment
AECIndustry NewsPortlandResidential

Level Development NW Completes 117-Unit Cedarline Apartments Near Light Rail in Downtown Gresham

The four-over-one building at 1002 NE Roberts Ave. pairs market-rate apartments with 3,500 square feet of retail one block from light rail, using...

Seattle skyline
AECIndustry NewsResidential

Ravenna Partners Breaks Ground on 104-Unit Lachlan Apartments in Seattle’s Fremont Neighborhood

Seattle developer Ravenna Partners has started construction on Lachlan, an eight-story, 104-unit apartment building on a long-stalled lot beside Fremont Brewing, reviving a...

white modern apartment buildings
AECIndustry NewsPortlandResidential

98-Unit Park Avenue Apartments, a 12-Story Affordable Mass-Plywood Tower, Opens in Portland’s Southwest Hills

The no-parking studio tower at 2059 SW Park Ave., built with mass plywood panel floors and light-gauge steel, rents to households earning up...

Bellevue skyline with the marine in the forefront
FinanceIndustry NewsResidential

Keelbase Capital Takes Over 80-Unit The Baxter in Downtown Bellevue via Deed in Lieu, Backed by Up to $17MM Loan

An Angelo Gordon-affiliated owner handed The Baxter to Keelbase Capital through a deed in lieu of foreclosure four years after the building was...

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...

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