Retail

The latest transactions, valued at $4 million, bring the total number of Gorjian's acquisitions in the last 12 months to 27 properties.

The company announced earlier this year its plan to sell all 26 of its American Golf-owned properties and expects to generate nearly $175 million in capital from the sales.

Spokane offers opportunities for lower costs than most other markets in the region, which is part of the impetus for Rover.com's lease for nearly 30,000 square feet in the renovated Wonder Building.

“Our focus within these zones will be the development of multi-family, industrial and self-storage assets along the I-95 corridor throughout the northeast,” says James Hanson II of The Hampshire Companies

Developer Leo Lee has gotten verbal approval to build his long planned mixed-use project in Koreatown that will include 122 condo units and a 192-room hotel.

The Portland Design Commission recently named a mass timber office building as a Design Excellence Award recipient, with its construction that achieves larger spans, exposed structure and lower environmental impact.

Despite rising interest rates, tightening credit and lingering uncertainty over the geopolitical climate, many commercial real estate experts remain bullish on the market going into the new year.

Retail landlords spend an average of $15.2 million on holiday decorations and events, and the investment is showing up in shopping activity.