Urban Renaissance Group
I-90 Corridor Office Vacancy Has Soared From 4.2% to 41.6% Since 2019 as 1.4MM SQFT of New Projects Wait
Vacancy along the Eastside's I-90 Corridor has risen from 4.2 percent in 2019 to 41.6 percent in the third quarter of 2026, leaving...
Eastside’s 14.7MM SQFT Office Pipeline Still Has Zero Pre-Leasing as Supply Freeze Props Up Bellevue Recovery
Broderick Group's third-quarter report still counts roughly 14.7 million square feet of proposed office development across the Eastside, none of it pre-leased, and...
Vanbarton Exits 541,000 SQFT 901 Fifth Avenue Tower in Downtown Seattle for $48.3MM, 84% Below 2019 Price
Seattle-based GT Capital, in partnership with The Benaroya Company, has acquired the 41-story 901 Fifth Avenue office tower from New York-based Vanbarton Group...
BentallGreenOak Affiliate Sells 214,000 SQFT Plaza 600 Tower for $12.5MM in Seattle
An Emeryville, California entity picks up the 57-year-old office tower for a basis low enough to compete on rent in a downtown submarket...
CW Capital Lists 410,000 SQFT Fourth & Blanchard Tower in Seattle’s Belltown, Targeting Roughly $29MM
CW Capital has put Fourth & Blanchard, the 25-story Belltown tower it seized from Martin Selig Real Estate in a courthouse auction last...
Bank OZK Takes Back Chapter Buildings in Seattle’s University District in $130.3MM Transaction
A lender that bankrolled one of Seattle's most ambitious University District office projects took back the properties at $66 million less than the...
Portland Design Commission Unanimously Approves Master Plan for 29-Acre Lloyd Center Demolition and Mixed-Use Redevelopment
Owners envision more than 5,100 housing units, 457,000 square feet of retail, and a 2.3-acre urban park on the site of the Pacific...
Barnes & Noble to Shutter Portland’s Lloyd Center Location as Mall Prepares for $1B Redevelopment
The bookstore's May 2 closure marks one of the first tenant exits as Urban Renaissance Group and KKR move forward with plans to...
168-Room Hotel Eastlund in Portland Hits Market for Receiver Sale
Convention-adjacent boutique asset tests investor appetite as Portland’s lodging market seeks firmer footing As Portland’s hospitality sector works through a post-pandemic reset, one...
Lloyd Center Demolition Plans Advance as Portland Mall Enters Final Chapter
Owners present 5,000-unit mixed-use redevelopment plan to city officials as iconic 1960s shopping center prepares for transformation Owners of Portland's Lloyd Center are...
Urban Renaissance Group Sells 150,000 SQFT Morgan Building in Portland for $6MM, Marking 78% Decline from 2008 Purchase Price
Historic 150,040-square-foot downtown Portland office property trades at steep discount as market vacancy reaches record levels Portland's commercial real estate market is experiencing...
KKR Acquires 143,000 SQFT Former Sears Anchor Property in Portland for $9.1MM as Lloyd Center Redevelopment Advances
143,000 SQFT property completes private equity firm's control of Portland mall site The transformation of aging shopping centers into mixed-use developments continues to...
