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Seattle, Washington

Seattle Office

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601 Union Street, Suite 2710
Seattle, WA 98101
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Phone: (206) 826-5700
Fax: (206) 826-5710

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Connect With Our Team

In 1971, Marcus & Millichap was founded on a unique set of principles to maximize value for real estate investors and, in the process, revolutionized the brokerage industry.

Joel Deis

Joel Deis

First Vice President/Regional Manager
View Seattle agents & originators

The Seattle Office

The Seattle office of Marcus & Millichap provides real estate investment sales, research information and advisory services for multifamily, retail, office, single-tenant net-lease, self-storage, seniors housing, manufactured homes, hospitality, land and special assets. Seattle agents leverage the firm’s national marketing platform to provide real estate investors with access to the industry’s largest inventory of deliverable commercial property as well as to the largest pool of qualified private and institutional buyers and sellers. Investment specialists conduct business within the Seattle MSA and throughout Washington.

CURRENT PACIFIC NORTHWEST LISTINGS

Your Property Search Starts Here

Finding the right investment opportunity is easy when choosing from the industry’s largest, most diverse collection of exclusive commercial real estate listings. Start your search now.

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Office

205 Business Center

Portland, OR

Price/Gross SF: $118.31

Cap Rate: 8.70%

Listing Price: $3,350,000

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Retail

Portland Ice Cream Co. Building

Portland, OR

Price/Gross SF: $200.00

Cap Rate: 11.20%

Listing Price: $1,500,000

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Office

Montavilla Spa Building

Portland, OR

Price/Gross SF: $220.00

Cap Rate: 8.13%

Listing Price: $1,100,000

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Apartments

9618 Pacific Ave

Tacoma, WA

Cap Rate: 6.80%

Listing Price: $1,995,000

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Apartments

Madrona Apartments

Tacoma, WA

Number of Units: 21

Cap Rate: 5.34%

Listing Price: $3,095,000

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Retail

Al's Car Wash Business and Real Estate

Beaverton, OR

Price/Gross SF: $119.63

Cap Rate: 16.00%

Listing Price: $900,000

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Net Lease

VCA Covington Animal Hospital | New 5-Year Lease Extension | Affluent Seattle MSA Submarket

Covington, WA

Years Remaining On Lease: 4.8

Cap Rate: 6.00%

Listing Price: $1,737,167

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Net Lease

Octapharma Plasma

Portland, OR

Years Remaining On Lease: 6.1

Cap Rate: 7.00%

Listing Price: $3,794,071

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Industrial

Elk, WA - Warehouse/Office

Elk, WA

Price/Gross SF: $98.37

Cap Rate: 1.00%

Listing Price: $895,000

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Net Lease

Black Rock Coffee Bar

Tigard, OR

Years Remaining On Lease: 5.1

Cap Rate: 5.50%

Listing Price: $1,130,000

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Apartments

Alcliff Apartments

Spokane, WA

Number of Units: 27

Cap Rate: 5.01%

Listing Price: $2,400,000

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Hospitality/Golf

OYO Silver Spur Burns Hwy 20

Burns, OR

Price/Room: $34,615

Cap Rate: 18.00%

Listing Price: $900,000

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Apartments

Terra Vista Townhomes

Cheney, WA

Number of Units: 61

Cap Rate: 5.99%

Listing Price: $19,750,000

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Net Lease

NVA Referral Center |10 Year NNN | 3.5% Ann. Increases

Tacoma, WA

Cap Rate: 6.50%

Listing Price: $14,900,000

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Apartments

Cheney Duplex (Near Eastern Washington University)

Cheney, WA

Cap Rate: 6.48%

Listing Price: $539,999

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Properties

RECENT PACIFIC NORTHWEST RESEARCH

Essential Market Insights

Marcus & Millichap’s research services division is dedicated to providing our clients with cutting-edge market research and innovative insights. Browse our recent reports and videos focused on your areas of interest.

Research Video

3Q CRE Update; Performance Trends to Watch

November 27, 2023

Research Video

Holiday Retail Sales Outlook

November 20, 2023

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Special Report

Senior Housing National Report

2H 2023

Medical

Special Report

Skilled Nursing National Report

2H 2023

Research Video

Sale Leasebacks in the Industrial Market

November 16, 2023

Research Video

Impact of Tightened Lending on CRE

November 13, 2023

Research Video

State of the Net-Lease Retail Market

November 9, 2023

Employment

Research Brief

Employment

November 2023

Research Video

Implications of the November Fed Meeting

November 6, 2023

Research Video

What's on the Horizon for the Industrial Market?

November 2, 2023

Research Video

How Does the Housing Market Impact CRE?

October 30, 2023

Retail

Special Report

Retail National Report

4Q 2023

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Special Report

U.S. Single-Tenant Net-Leased Retail National Report

2H 2023

GDP

Research Brief

Inflation

October 2023

Research Video

What's Driving the 10-Year Treasury Rate Surge?

October 23, 2023

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Research

RECENT NEWS & EVENTS

The Latest News Impacting Your Investment

Stay informed with the news and events impacting your investment strategy.

Connect CRE logo

Media

Marcus & Millichap Forges Partnership with Proptech Firm Archer

Marcus & Millichap has formed a strategic partnership that includes an equity investment and commercial relationship with Archer, a venture-backed real estate technology company.

November 18, 2023

ABC Mini Storage

Press Releases

Marcus & Millichap Arranges the Sale of a 20,714 Square-Foot Self-Storage

Marcus & Millichap announced today the sale of ABC Mini Storage, a 20,714-square foot self-storage facility located in Aberdeen, WA

November 01, 2023

2024 Multifamily Investment Outlook Webcast
Marcus & Millichap Events

2024 Multifamily Investment Outlook

Live Webcast
December 5, 2023
ICSC NEW YORK
Industry Events

ICSC NEW YORK

Javits Convention Center, New York, NY
December 6 – December 7, 2023
Globe St. Healthcare
Industry Events

Globe St. Healthcare

Andaz Scottsdale Resort, Scottsdale, AZ
December 11 – December 12, 2023
Aerial Shot Y Plaza

Press Releases

Marcus & Millichap Arranges the Sale of the 26,572-Square Foot Y Plaza Shopping Center

Marcus & Millichap Arranges the Sale of the 26,572-Square Foot Y Plaza Shopping Center in Vancouver, WA

October 24, 2023

Connect CRE logo

Press Releases

Congratulations to Whitney Rhoades for Winning Connect CRE’s 2023 Women in Real Estate Award

Marcus & Millichap congratulates Whitney Rhoades on her winning one of Connect CRE’s 2023 Women in Real Estate Award for the Seattle and Northwest region.

October 23, 2023

Connect CRE logo

Media

Connect CRE 2023 Women in Real Estate Awards - Michelle Cocagne, SVP of events for Marcus & Millichap

Unwavering in commitment and dedication after 25 years on job

October 20, 2023

Dollar General

Press Releases

Marcus & Millichap Arranges the Sale of a 10,566 SF Net-Leased Property

Marcus & Millichap announced today the sale of Dollar General, a 10,556 SF net-leased property located in Bonners Ferry, ID

October 19, 2023

GlobeSt.com

Media

Industry Titans Talk Insights, Challenges, and Multifamily Optimism.

According to the State of the Industry panel at the GlobeSt. Multifamily Fall Conference on Monday, there is no one worried about three years from now. Everyone is sort of waiting for that phone call saying that they have hit the bottom so they can jump back in, panelists say.

October 17, 2023

GlobeSt.com

Media

'Enormous' Amount of Capital on Sidelines Means Now Is Time to Buy Multifamily

Overall strong fundamentals and new construction starts also contributing factors, according to Marcus & Millichap.

October 17, 2023

Bloomberg-10.12-Thumbnail-700x460

Video

Bloomberg Features CEO Hessam Nadji

Does Commercial Real Estate Face a Doom Loop? The Opportunities Created by a Market Reset.

October 12, 2023

Schwab Network Features Marcus & Millichap CEO Hessam Nadji

Video

Schwab Network Features Marcus & Millichap CEO Hessam Nadji

CRE Market Still Calibrating to Elevated Interest Rates - Market Disruption Creating Unique Opportunities

October 10, 2023

Connect CRE logo

Media

Lloyd Blankfein: “Near the End of Tightening Cycle”

Blankfein was the featured speaker on the economic outlook webcast, hosted by Marcus & Millichap president and CEO Hessam Nadji.

October 05, 2023

YahooFinance_10.02_Header-700x460

Video

Yahoo Finance Features Marcus & Millichap CEO Hessam Nadji

Will Commercial Real Estate Cause a Banking Crisis? Is Office Real Estate About to Crash?

October 02, 2023

Keep Exploring

News & Events