Pacific Northwest
Seattle Posts Highest Vacancy Increase Among Tech Gateways Even as Bellevue Anchors AI Leasing Recovery
CBRE’s 2026 Tech Gateway Office Markets report shows Seattle’s downtown and Eastside drawing top-five U.S. AI tenant demand while overall vacancy climbs 500...
Newmark Folds Oregon Capital Markets Team Into Bay Area Platform to Channel California Investor Flow
The realignment positions James Childress and Kellen Kollmorgen alongside Steven Golubchik as Portland courts Bay Area institutional buyers chasing yield in secondary markets....
Nordstrom Rack Lands 25,000 SQFT Kennewick Store at Tri-Cities Center
The off-price retailer joins Burlington at the BPG Investments-owned plaza, anchoring a soft-goods repositioning in the Tri-Cities. Nordstrom Rack has leased 25,000 square...
Crunch Fitness Clinches 42,000 SQFT Tacoma Lease at Tahoma Vista
The fitness chain backfills a vacated big-box space at the Rhino Investments-owned center, extending its expansion across Washington. Crunch Fitness has secured a...
Snelling Lands 104,000 SQFT Farm Specialty Property in Warden for $5.5MM
The single-tenant agricultural asset traded at $53.38 per square foot, a rare large-format deal in Grant County’s farm-driven economy. A 103,875-square-foot farm specialty...
Kucha and Felton Launch Felton Stern Capital Partners to Buy Suburban Office at Cycle Lows
The new Lake Oswego-based private equity platform debuts with a three-building seed portfolio and a mandate to acquire institutional-quality office and flex assets...
Pacific Northwest Power Grid Hurtles Toward 9 GW Shortfall by 2030 as Load Growth Outpaces New Builds
E3 study commissioned by 22 regional utilities warns that data centers, electrification and coal retirements are colliding with institutional barriers that have stalled...
PMF Investments Sells 35,000 SQFT Homeport Building and 118-Slip Marina Site in Kirkland for $46MM
The trophy Lake Washington waterfront asset cleared a complex disposition shaped by mixed product types, a below-market anchor lease and deferred maintenance —...
Consolidated Supply Lands 276,000 SQFT Full-Building Lease at Trammell Crow’s Woodland Industrial Park
The fourth-generation plumbing distributor doubles down on the Pacific Northwest with a flagship I-5 distribution hub south of Portland. Consolidated Supply Co., the...
Essex Signals Seattle Apartment Market Poised to Close the Gap with the Bay Area
The West Coast multifamily giant points to dwindling supply, fresh office expansions and improving April leasing data as evidence Seattle’s recovery is underway....
Puget Sound Industrial Vacancy Climbs to 9.71% as Market Enters Period of Controlled Digestion
Cap rates rise, sales volumes contract, and tenants secure flexible deal structures as 7.39MM SQFT of new supply works through the system. The...
Pacific Northwest Industrial Pipeline Contracts to 4.79MM SQFT as Developers Pull Back
Construction starts have slowed sharply across the I-5 Corridor, but a heavy slate of Q2 and Q3 2026 deliveries will keep pressure on...
