Tri-Cities
MHR Capital Group Doubles Down on Kennewick with 436-Unit, 642,000 SQFT Residential Phase
The District Residences would layer urban-density housing onto a federally designated Opportunity Zone already anchored by a $47MM AC Hotel by Marriott and...
Eastern Washington Apartment Market Cools in Q1 With Sales Volume Sliding 78% From Q4
Q1 transactions drop to 14 deals worth $33 million as vacancy ticks down to 7.8 percent and operators brace for a summer leasing...
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...
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...
32-Unit The Lime Apartment Complex Trades in Richland for $5.375MM
The 32-unit midcentury apartment complex traded at approximately $168,000 per unit, wrapping up the brokerage team’s multi-asset seller assignment in a Tri-Cities market...
Vintage Stock Dominates Eastern Washington’s March Apartment Trades as $7.4MM Changes Hands
Three multifamily transactions closed across Kennewick and Spokane in March, pricing between $91,250 and $120,000 per unit and setting the stage for a...
Trumark Homes Enters Pacific Northwest Market with Acquisition of Homebuilder JK Monarch
– Homebuilder’s strategic growth continues notable Western expansion with new Washington Division – Trumark will aggressively pursue land...
Eastern Washington Apartment Market Posts $388MM in 2025 Sales as Value-Add Properties Drive Transactions
The Eastern Washington multifamily market rebounded from a sluggish start to record its strongest fourth quarter since 2021 Eastern Washington’s apartment investment market...
Tri-Cities Apartment Construction Surge Delivers More Than 1,500 Units, Easing Rents as Developers Test the Market’s Limits
A roughly 10 percent expansion in rental stock is bringing relief to tenants, but rising vacancies in newer properties and slowing absorption raise...
Amazon Revealed as Developer Behind $5 Billion, 3.4 Million-SQFT Data Center Campus at Wallula Gap in Eastern Washington
The 16-building project on 554 acres of former farmland represents the largest private economic development effort in Walla Walla County’s history and would...
Office Properties Income Trust Files for Bankruptcy as Remote Work Era Takes Another Casualty
Office REIT seeks to shed $1 billion in debt through Chapter 11 restructuring, the latest sign of distress in commercial real estate Office...
Seattle Multifamily Market Signals Recovery as Rent Growth Returns, Development Reboots
Brokers report 100 percent jump in sales volume, cautious optimism for urban core apartments after years of turbulence After years of navigating pandemic...
