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CommercialFeaturedIndustry News

Kitsap PUD Sends Public Power Measure to November Ballot, Testing Puget Sound Energy’s Grip on 130,000 Customers

The Kitsap Public Utility District’s board has voted to let county voters decide whether the public agency should have the authority to enter...

View of Bremerton, WA with the Olympic Mountains in the background 
AECCommercialHospitalityIndustry NewsResidentialRetail

Circuit of the Northwest Pushes $360MM Bremerton Motorsports and Entertainment Campus Toward 2027 Groundbreaking

Circuit of the Northwest, the long-gestating motorsports project on Port of Bremerton land, has swelled into a $360 million entertainment campus and is...

open sign on a retail door
FeaturedIndustry NewsLeasingRetail

Puget Sound Retail Vacancy Holds Near Record Lows as Absorption Hits Six-Year High

Puget Sound retail landlords kept the upper hand through the first half of 2026 as tight vacancy, muted new construction, and the strongest...

View of Bremerton, WA with the Olympic Mountains in the background 
AECIndustry NewsResidentialRetail

Sher, Skyglass Move 151-Unit Mixed-Use Tower Toward Permitting at 302 Pacific Avenue in Downtown Bremerton

Veteran retail-and-placemaking developer Ron Sher has paired with newcomer Skyglass Development to advance a seven-story, 151-apartment building steps from the Seattle ferry dock,...

Bremerton, WA, USA Sept 4, 2016: Massive green crane at Pier 6 Puget Sound Naval Shipyard and Intermediate Maintenance Facility
AECFeaturedIndustry News

Navy’s $30B Multi-Mission Dry Dock Contract Sets Up Generational Building Boom at Bremerton’s Puget Sound Naval Shipyard

The U.S. Navy is preparing to award up to five construction contracts worth a combined $30 billion to rebuild and modernize the carrier-servicing...

warehouse facade
FeaturedIndustrialIndustry NewsLeasing

Greater Puget Sound Industrial Market Logs Negative 1.7MM-SQFT Absorption as Vacancy Settles Near 10 Percent

The Greater Puget Sound industrial market spent the past 12 months hunting for equilibrium, recording negative 1.7 million square feet of net absorption...

Bainbridge Island Harbor Panoramic View Winslow Washington Beautiful Sunny Day Landscape
FinanceIndustry NewsNews ReleasesResidential

70-Unit Apartment Community Near Ferry Terminal on Bainbridge Island Trades for $16.8MM

Bainbridge, WA – June 9, 2026 – CBRE has completed the sale of Quay Bainbridge, a 70-unit multifamily community located at 250 Shannon...

View of Bremerton, WA with the Olympic Mountains in the background 
AECFinanceIndustry NewsResidential

Cardinal Equities Sells Entitled 140-Unit Bremerton Development Site Slated for Affordable Housing

A downtown Bremerton transit-oriented parcel, listed at $3.5 million, trades to a buyer planning to advance affordable housing minutes from the Puget Sound...

View of Bremerton, WA with the Olympic Mountains in the background 
AECFinanceIndustry NewsResidential

373-Unit Bremerton Landing Development Site Across 7 Acres in Kitsap County Hits Market for $9MM

The four-parcel Puget Sound assemblage offers shovel-ready entitlements for 82 units and a proposed 291-unit Phase 2, with potential Opportunity Zone designation looming...

Apartment buildings
FeaturedFinanceIndustrialIndustry News

Puget Sound Apartment Sales Slide 36% to $664MM in Q1 as Buyers Hold the Line on Pricing

Transaction activity cooled across the region in early 2026 even as occupancy tightened, with Kidder Mathews pointing to a disciplined, yield-driven market still...

Apartments with Space Needle in the background
FeaturedIndustry NewsLeasingResidential

Puget Sound Apartment Deal Flow Collapses as Buyers Hold the Line on Pricing

First-quarter transactions fell to 58 across the four-county region, with sales volume down 63 percent from the prior quarter as cap rates pushed...

Apartments with Space Needle in the background
FeaturedFinanceIndustry NewsPortlandResidential

Private Capital Tightens Grip on Washington Multifamily as Pierce County Heats Up

A Berkadia Q1 2026 report shows mid-market investors driving deal flow, institutional buyers retreating to scale plays, and a coming delivery cliff setting...

2026 Pacific Northwest CRE Rising Stars

PNW CRE Rising Stars

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