Marcus & Millichap
Henbart Lists 44-Unit 101 Broadway in Seattle’s Capitol Hill, Pitching Assumable Debt Across From Light Rail
The 2017-built podium asset designed by Studio Meng Strazzara enters a Seattle multifamily market that brokers say has shifted from correction to recovery....
57-Unit Capitol Hill Studio Building Vitality on Howell Lists at $9.5MM, Priced 15% Below Appraisal
Greenbuild Development affiliate puts 57-unit 2016-vintage asset on the market at $166,667 per unit as Capitol Hill supply pipeline shrinks to 139 units....
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...
Pacific Development Partners Lists 57-Unit Union 18 in Seattle’s Capitol Hill
Santa Monica investor markets two-building, 45,822-SQFT property at 1140 18th Ave with appraised value of $12.7MM, roughly 39 percent below its $20.8MM acquisition...
High Street Residential’s 369-Unit Apartment Complex at Cedar Hills Shopping Center Breaks Ground in Beaverton
Trammell Crow Company’s residential arm replaces underused parking at the aging retail center with three mid-rise buildings and ground-floor shops, betting that Portland’s...
Pacific Northwest Hotels Brace for a Second Year of Softening as Canadian Travelers Stay Home
Seattle draws short-term relief from FIFA World Cup matches while Portland’s recovery slows, and both markets bank on rapidly shrinking construction pipelines to...
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...
Tanasbourne-Area 24 Hour Fitness in Beaverton Hits Market at $16.8MM
The 32,766-square-foot fitness box at 1265 NW Waterhouse Ave. is offered with five years of firm term and two five-year options after the...
Cooling Labor Market Reshapes Apartment Demand While Other CRE Sectors Hold Firm
Slowing job creation and falling workforce participation among young adults are postponing rental demand, but office, retail, and industrial properties show resilience to...
PPC Acquires 69,500 SQFT Vancouver Industrial Center for $7.2MM
The warehouse sold for approximately $104 per square foot, presenting a value-add or owner-user opportunity in Vancouver’s core industrial market PPC has acquired...
Spring Break Rebound Pushes U.S. Office Occupancy Past 54%, but a Stark Regional Divide Persists
The latest Kastle Systems data reveals accelerating return-to-office momentum nationally, with Texas metros nearing pre-pandemic attendance and Class A+ buildings approaching full capacity—while...
193-Unit College Pointe Apartments in Lacey Hits Market for First Time in 36 Years
Marcus & Millichap markets the original-ownership multifamily complex in one of Washington State’s tightest rental markets, where Thurston County vacancy has hovered near...
