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FinanceIndustry NewsPortlandRetail

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...

mall comeback, mall trends 2024, shopping center traffic, retail experiences, future of malls
FeaturedFinanceIndustry NewsPortlandRetail

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...

couple shopping at a mall
FeaturedFinanceIndustry NewsPortlandRetail

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...

AECCommercialIndustry News

Skanska’s Mass-Timber Bevel Advances Through Design Review as 2.7MM SQFT of Bellevue Office Lines Up for Permits

Skanska's 12-story mass-timber Bevel office tower in downtown Bellevue moved through design review in the third quarter, according to CBRE, one of four...

mall comeback, mall trends 2024, shopping center traffic, retail experiences, future of malls
FinanceIndustry NewsLeasingPortlandRetail

Macerich Readies $372MM for Mall Acquisitions as Oregon Anchors Its Pacific Northwest Position

Macerich has $372 million in unsettled forward equity earmarked for enclosed mall acquisitions at stabilized yields of 9 to 11 percent, a war...

Water fountain in Bellevue, Washington
AECCommercialIndustry NewsLeasing

Skanska Pushes 12-Story, 205,000 SQFT Mass-Timber Bevel Tower Toward Bellevue Entitlement Finish Line

Skanska has cleared another design and entitlement milestone on Bevel, its planned mass-timber office tower in downtown Bellevue, and is targeting Administrative Design...

portland skyline
CommercialFeaturedIndustry NewsLeasingPortland

Portland Office Market Swings Back to Positive Demand in Q2

Portland's office market posted its first quarter of positive net absorption in more than a year as leasing activity climbed to a 12-month...

couple shopping at a mall
FeaturedFinanceIndustry NewsRetail

Macerich Doubles Down on West Coast Trophy Malls While Shedding Underperformers

The Santa Monica REIT's Q1 2026 results reveal a portfolio strategy splitting Pacific Coast assets into two clear camps: properties worth fighting for...

Retail rack and bags
FinanceIndustry NewsPortlandRetail

Macerich Trims Oregon Holdings With $31MM in Washington Square Outparcel Sales While Retaining Two Portland and Eugene Centers

The mall REIT sold a retail strip center and an outparcel at its Washington Square property in Portland during Q4 2025, while both...

AECCommercialIndustry News

Bellevue Advances Design Review for Skanska & Fana Group’s 304,000 SQFT Office Tower in Downtown

Phase 1 of Washington Square master plan heads to public review as developers sequence construction amid cautious office market As Bellevue refines how...

Graphic of two purple shopping bags with a yellow background
FeaturedFinanceIndustry NewsPortlandRetail

Macerich Posts $87MM Loss as Pacific Northwest Properties Navigate Market Transitions

The REIT's Oregon holdings show steady performance amid broader portfolio challenges, with Washington Square representing 7.4 percent of go-forward income The Macerich Company...

Developers advance 27-story residential and 12-story office project in Bellevue despite market uncertainties Fana Skanska
AECCommercialIndustry NewsResidential

Skanska & Fana Group Win Approval for 27-Story Residential and 12-Story Office Tower Complex in Bellevue

Developer advances 27-story residential and 12-story office project despite market uncertainties A significant mixed-use development project in Bellevue's downtown core has received crucial...

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PNW CRE Rising Stars

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