NorthMarq
J.O. Borgen Plaza Trades for $8.2MM in North Bend as New Anchor Prepares to Fill Former Bartell Drugs
Northmarq sells J.O. Borgen Plaza in North Bend for $8.2MM as a new anchor prepares to fill the shuttered Bartell Drugs space.
Portland Sheds 26,800 Jobs as Apartment Absorption Collapses 76% to 2,150 Units
Seven straight quarters of job losses have drained renter demand out of the Portland apartment market, cutting net move-ins by more than three-quarters...
Portland Apartment Pipeline Contracts to 1,953 Units as 2026 Completions Head for 56% Drop
Northmarq's latest research shows Portland's apartment development pipeline has fallen below 2,000 units after three years of contraction, and the firm expects that...
1990s-Vintage Apartments Drive More Than a Third of Portland Sales as Median Price Slides 13% to $183,800 per Unit
Portland multifamily investors spent the first quarter rotating hard into 1990s-built product, much of it changing hands below what the same assets fetched...
Movement, Sky Zone, Kids Empire to Fill 120,000 SQFT Former Nordstrom at Clackamas Town Center
A climbing gym, a trampoline park and an indoor children's playground are splitting up the 120,000-square-foot former Nordstrom at Clackamas Town Center, turning...
178-Unit Go Go Heights Apartments Trades for $22.5MM in Spokane Amid Cooling Sales Market
Northmarq brokers the $22.5MM sale of Go Go Heights, a 178-unit Spokane apartment community, amid a stabilizing Inland Northwest market.
St. Regis Properties Secures $23.25MM Refinance for 105-Unit Align Apartments in Federal Way
St. Regis Properties tapped a life company correspondent lender instead of the debt funds that typically price bridge loans at this leverage, landing...
Lacey’s 54,000 SQFT Martin Way Business Park Trades for $9.1MM After Two-Week Bidding War
A Lacey flex-industrial park drew a bidding war and closed all-cash in under two weeks, a reminder that scarce, well-maintained South Sound product...
24-Building Old Rainier Brewery Creative Campus Hits Market in Seattle’s Georgetown for $29MM, 91% Leased
The 181,453-square-foot Old Rainier Brewery creative campus in Seattle's Georgetown is now on the market, 91 percent leased.
Madison Development Group Lands $60.8MM Fannie Mae Refi on 216-Unit Spruce in West Seattle
Issaquah-based Madison Development Group has secured $60.8 million in Fannie Mae refinancing for Spruce, the 216-unit West Seattle apartment and retail complex it...
Oregon’s In-Migration Slows for Second Straight Year, Squeezing Demographic Math Behind Portland CRE
Driver’s license exchanges hit a five-year low in 2025, signaling fresh demographic drag on Oregon’s office, multifamily and labor markets. Oregon’s reliance on...
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...
