Pacific Northwest
Border Tensions Take a Toll on Washington State’s Tourism-Dependent Businesses
Sharp decline in Canadian visitors forces layoffs and reduced hours across hospitality and retail sectors near the border Washington State businesses that have...
Perkins&Will Names Todd Buchanan Managing Director of Seattle Studio
Todd Buchanan joins global architecture and design firm Perkins&Will as managing director of its Seattle studio. A proven leader with strong ties to...
Oregon’s Unemployment Surge Raises Red Flags for State Economy
Jobless rate jumps a full percentage point year-over-year, marking the largest increase in the nation Oregon’s labor market deteriorated significantly over the past...
Washington State Job Market Holds Steady Despite National Headwinds
State avoids major unemployment shifts as federal data disruption clouds economic picture Washington state’s labor market navigated September without significant turbulence, maintaining an...
Park Hotels to Shed 850-Room DoubleTree Hotel Seattle Airport in Strategic Portfolio Overhaul
REIT exits DoubleTree amid ground lease expiration, broader push to divest underperforming assets Park Hotels & Resorts is walking away from its 850-room...
Hudson Pacific Properties Slashes Q4 Outlook After Major Asset Sale
Hudson Pacific Properties lowered its fourth-quarter earnings forecast as the real estate investment trust grapples with falling occupancy and the offloading of a...
38,000 SQFT Historic Bellingham Waterfront Building Hits Market as Irish Developer Looks to Exit Troubled Project
The Granary Building sale marks the final chapter of Harcourt Developments’ contentious relationship with the Port of Bellingham The Granary Building, a renovated...
Wallace Properties Taps Next Generation Leader as Founder Steps Back
Kevin Wallace Assumes Presidency as Father Transitions to Chairman Role Wallace Properties, a Pacific Northwest commercial real estate firm, has announced a leadership...
Meta’s Spring District Retreat: Bellevue’s Office-to-Apartment Pivot Gathers Steam
Developer Wright Runstad pivots abandoned tech campus sites to housing as sublease glut reshapes Bellevue’s largest mixed-use project When Meta Platforms signed an...
High-Income Job Losses Dampen West Coast Housing Markets
Tech-driven metros face unprecedented employment headwinds as professional services shed workers The West Coast’s vaunted job engine is sputtering. From Seattle to San...
Seattle Life Sciences Market Faces Headwinds Despite Strong Research Foundation
Vacancy rates climb and leasing activity slows in the Pacific Northwest hub, reflecting broader industry challenges Seattle’s life sciences real estate market is...
Macerich Posts $87MM Loss as Pacific Northwest Properties Navigate Market Transitions
The REIT’s Oregon holdings show steady performance amid broader portfolio challenges, with Washington Square representing 7.4 percent of go-forward income The Macerich Company...
