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CommercialFeaturedFinanceIndustry NewsPortland

UCLA Flags Debt Risk Hanging Over the Pacific Northwest’s Data-Center Boom

A September 2026 UCLA Economic Letter warns that the debt financing the AI data-center surge, the same surge that has turned eastern Oregon...

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CommercialIndustry NewsLeasing

Helion Energy Leases 15,000 SQFT at Seattle’s 8th & Olive as Headcount Hits 800

A fusion energy startup that has grown tenfold in four years is planting its first flag in downtown Seattle, adding office space in...

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AECCommercialFeaturedIndustry News

Washington Ends Data Center Equipment Tax Break as Hardware Nears 93% of Capex

Senate Bill 6231 stripped the sales tax exemption from data center equipment repair and replacement statewide on July 1, landing squarely on the...

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AECIndustry NewsResidential

PCP Plans 731 Units in Three Downtown Redmond Towers Near Light Rail

Cleveland-based PCP plans 731 apartments across three Redmond developments, starting with the 217-unit Rove near light rail.

Seattle skyline from the waterfront
CommercialFeaturedIndustry NewsLeasing

Seattle Sits Out the National Office Occupancy Index Even as Puget Sound Landlords Chase the Same Answer

The most widely cited measure of the American return to office does not track Seattle, leaving Puget Sound owners and lenders to benchmark...

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AECCommercialIndustry News

Microsoft Files Plans for 95,000 SQFT R&D Building on Redmond’s Union Hill Road

Microsoft has reportedly filed a pre-application permit for a new 95,000-square-foot engineering and research-and-development building on Union Hill Road in Redmond, adding a...

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AECIndustry NewsResidentialRetail

After Decades of Delay, 21-Acre High Street Collection Breaks Ground in Issaquah Following New Development Agreement

Construction has finally started on Issaquah Highlands' long-dormant High Street Collection, ending a saga that ran from an abandoned Microsoft campus through a...

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FeaturedIndustry NewsResidential

Seattle Leads Nation in Pending Home-Sales Drop as Tech Layoffs Rattle Buyers

Seattle recorded the nation's steepest drop in pending home sales in July as tech-sector layoffs and a median price near $810,000 pushed cautious...

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AECCommercialFeaturedFinanceIndustry News

Microsoft Stretches Data Center, Office Building Depreciation to 25 Years, Reshaping $175B CapEx Plan

The software giant told analysts on its fiscal fourth-quarter earnings call that lengthening the accounting life of its global data centers and offices...

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CommercialFeaturedIndustrialIndustry NewsLeasing

Seattle CBD Land Values Fall 47%, Bellevue Rises 1.72% in King County Revalue

King County’s 2026 commercial revalue stripped $3.12 billion from the county’s assessed commercial base, and a single appraisal area covering downtown Seattle and...

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CommercialFinanceIndustry News

Anatomy of a Default: How a $229MM Bellevue Office Loan Went From 3.40x Coverage to Foreclosure

A single-tenant office loan that looked untouchable at origination has become one of the Puget Sound’s clearest tests of how far trophy values...

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CommercialFinanceIndustry NewsLeasing

Schnitzer West Moves to Reacquire 750,000 SQFT Bravern Office Complex in Bellevue After Microsoft Exit and QSuper Default

Schnitzer West is buying back the two-tower Bravern Office Commons it built and sold more than a decade ago, stepping in to reposition...

2026 Pacific Northwest CRE Rising Stars

PNW CRE Rising Stars

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