PCCP
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...
Ardent Companies Acquires Loan on Steinhauer’s Pioneer Square Tower-and-Hotel Complex in $107MM Seattle Recapitalization
County records show that Atlanta-based The Ardent Companies has taken over the mortgage tied to Seattle's 255 South King Street complex, home to...
Portland Apartment Vacancy Tightens to 7.1% as Values Slide 13% and Cap Rates Widen to 6.4%
Portland’s apartment market has split in two: leasing fundamentals are quietly repairing themselves as demand outruns a collapsing supply pipeline, while the capital...
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...
Panattoni Leases 283,600 SQFT Hidden Glen Industrial Center in Vancouver
The full-building lease at Hazel Dell’s newest Class A distribution center was the largest in the Portland metro during the first quarter of...
Kimco Realty Lists 39,500 SQFT New Seasons-Anchored Retail Property in Portland
The grocery and drug-anchored neighborhood center on SW Beaverton Hillsdale Highway is fully leased and features the flagship New Seasons Market location, which...
US Public Pension Funds Deploy Over $4.7 Billion in Real Estate and Infrastructure Commitments
CalSTRS leads a wave of capital deployment as major retirement systems target industrial, multifamily, and value-add strategies heading into 2026. A string of...
Eastside Office Market Enters 2026 With 4.3MM SQFT in Active Tenant Demand as Recovery Takes Hold
Sublease vacancy drops to its lowest point since early 2022 while big tech recommits to in-office presence across the Bellevue CBD and surrounding...
Eastside Office Construction Grinds to Halt After Tech-Fueled Building Boom
The Seattle Eastside’s office construction pipeline has fallen silent in 2025 after a remarkable three-year period that delivered nearly 5 million square feet...
Timberlane Partners, PCCP Acquire 532-Unit Jackson Apartments in Seattle for $173MM
Seattle continues to draw multifamily investors to its offerings. In a recent deal, Timberlane Partners, one of the Pacific Northwest’s most active multifamily...
National University of Natural Medicine Acquires 296,000 SQFT Portland Office Complex for $13.8MM
R.L. Woolworth Building transaction marks 86 percent discount from previous sale as vacancy hits record 15.2 percent Portland’s distressed office market is creating...
Portland Industrial Market Shows Signs of Softening as Vacancy Hits Decade High
The Portland industrial real estate market exhibited signs of softening in the second quarter of 2025, with rising vacancy and availability rates, flat...
