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AECIndustry NewsPortlandResidentialRetail

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...

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CommercialFinanceIndustry News

Nicola Real Estate Sells 34,873-SQFT Studio 7500 Office Building in Redmond Town Center for $23MM

The transit-adjacent, net-leased property is fully occupied by a Volkswagen subsidiary and subleased to cybersecurity firm CrowdStrike, offering the new owner secured cash...

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AECFeaturedFinanceIndustry NewsPortland

Portland Nonresidential Construction Costs Rise 0.32 Percent in Q4 2025, Among Lowest of Major U.S. Markets

Mortenson’s latest cost index places Portland well below the national average as stable labor and competitive bidding temper escalation pressures heading into 2026...

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FeaturedFinanceIndustry NewsResidential

Portland Multifamily Market Closes 2025 With Shrinking Pipeline, Improving Vacancy, and $1.76 Billion in Transactions

HFO’s Q4 Marketwatch report finds construction starts at decade-low levels, absorption outpacing deliveries, and institutional buyers re-engaging as the metro positions for a...

AECIndustrialIndustry NewsNews Releases

Echodyne to Open 86,350 SQFT Manufacturing Facility in Washington State to Meet Growing Demand

Echodyne, the radar platform company, today announces a major near-term expansion in its advanced radar production capacity. Echodyne’s new 86,350-square-foot facility will provide...

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AECCommercialIndustry NewsPortlandResidential

Vancouver Amends Waterfront Gateway Agreement with Lincoln Property, Increases Affordable Housing and Drops Office Component

The City of Vancouver and Lincoln pivot the multiphase City Center project in response to weak office demand and rising construction costs, committing...

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FinanceIndustrialIndustry NewsPortland

JH Kelly Buys 175,044 SQFT Industrial Property in Orchards for $38MM

Clark County sale from PDC Seattle LPIV BB/TH, LLC closes at $217 per square foot in 4Q 2025 A period of shifting demand...

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AECCommercialFeaturedFinanceIndustry NewsPortland

Portland’s Office Market Hits 15.4% Vacancy as 4.8MM SQFT Trades Hands in 2025

Weak leasing, record sales volume, and $29.88 rents define a reset for downtown and suburban buildings In many U.S. cities, the office sector...

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FinanceIndustry NewsPortlandResidential

Investor Pays $8.61MM for 47-Unit Corporate Woods Apartments in Vancouver, Washington

Newer-Vintage Asset Trades at 6.25 percent Cap Rate as Buyers Prioritize Properties with Lower Capital Risk Corporate Woods, a 47-unit multifamily community in...

Portland
CommercialFeaturedFinanceIndustry NewsPortland

Portland Office Market Navigates Adjustment Period with Vacancy Reaching 27.3 Percent in Q4 2025

Leasing activity declines 12 percent as investment sales total $313 million amid continued valuation repricing Portland’s office market concluded 2025 facing continued headwinds...

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FinanceIndustry NewsPortlandResidential

Pacific Urban Investors Sells 206-Unit Terra at Hazel Dell in Vancouver, Wash.

1991-built property near Salmon Creek medical corridor was marketed alongside Haven at Golf Creek A 206-unit garden-style apartment community in Vancouver, Washington, has...

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FinanceIndustry NewsNews ReleasesPortlandRetail

Hurley Development Sells 35,500 SQFT Union Station in Camas for $18.7MM

(Editor’s Note: According to public records, the seller is an entity affiliated with Hurley Development, which developed the property.) CAMAS, Wash. (Dec. 3,...

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