Retail
Macerich Narrows Q3 Loss to $16.7MM as 1,125,000 SQFT Washington Square Anchors Its Oregon Footprint
Macerich narrowed its third-quarter loss to $16.7 million as income at its keeper malls rose 4.7 percent, and its Pacific Northwest exposure, now...
Macerich’s 2026 Playbook Shows the Mall Market Splitting Into Trophies and Holdouts
Macerich's third-quarter results read like a field guide to the 2026 mall market, with the REIT buying malls again, swapping 6.6 percent mortgage...
Cleveland-Based Buyer Pays $13MM for 15,000 SQFT Capitol Hill Goodwill Building in Seattle
An Ohio-based investor has paid $13 million, or roughly $873 per square foot, for the century-old building that houses Evergreen Goodwill’s Capitol Hill...
Manjoh Acquires 50,000 SQFT Cascade Boulevard Center in Tigard for $13.4MM, Portland’s Largest Retail Sale of 3Q 2026
The Portland market's biggest retail trade of the third quarter changed hands at a premium to the metro average, a sign that well-located...
The Drydown Fragrance Boutique Completes Retail Lease-Up at Cordillera Homes’ Central Peak Residences in Downtown Kirkland
Carlsbad, Calif.-based niche perfumery The Drydown has signed on for the second and final ground-floor space at Cordillera Homes' 26-unit Central Peak Residences...
Nuveen Real Estate Picks Up Three Puget Sound Shopping Centers in $445.5MM, 1.9MM SQFT Western Retail Portfolio Deal
Nuveen Real Estate has acquired a 13-property open-air retail portfolio spanning Washington, California and Colorado for $445.5 million, picking up grocery-anchored centers in...
Simon Property Group Strikes Deal for Seattle’s 600,000 SQFT University Village, Ending 30-Year Local Ownership Run
Simon Property Group has agreed to buy University Village, the nearly 600,000-square-foot open-air shopping and dining destination beside the University of Washington, prying...
Downtown Seattle Hotels Hit 108% of 2019 Demand as Office Foot Traffic Stalls at 62%
The Downtown Seattle Association's latest monthly dashboard shows September hotel demand and visitor counts running ahead of 2019 levels while weekday office attendance...
75,000 SQFT Haggen Grocery in Olympia Hits Market at $19.3MM After Albertsons Extends Lease Through 2039
A Ketchum, Idaho-linked owner that paid $12 million for the West Olympia site in 2014 is testing whether a freshly extended Albertsons lease...
Kimco Realty Buys 87,000 SQFT Canyon Ridge Plaza in Kent for $19MM
The $19 million sale of Canyon Ridge Plaza closed about $2 million below Northmarq’s $21.15 million asking price, as Kidder Mathews reports Puget...
Puget Sound Retail Absorbs 231,000 SQFT in Q3 as Vacancy Holds at 3.9%
Puget Sound retailers absorbed a net 231,000 square feet of space in the third quarter, stretching a 2026 recovery that has wiped out...
Puget Sound Cap Rates Hold Near 5.5% as 10-Year Treasury Tests 5%
With the 10-year Treasury yield sitting around 5 percent and the Federal Reserve back in tightening mode, Puget Sound apartment and industrial cap...
