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Seattle, Washington

Commercial Real Estate in Seattle

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401 Union Street, 32nd Floor
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 delivers full-service real estate investment sales, advisory, and research support for clients across the Seattle MSA and throughout Washington State. Seattle commercial real estate agents work across multiple asset classes, including multifamily, office, retail, hospitality, land, net-leased properties, self-storage, manufactured homes, and seniors housing. Leveraging the firm’s industry-leading platform, our professionals offer investors access to a wide selection of real estate properties for sale and a national network of private and institutional buyers.

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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Hospitality/Golf

Best Western Tumwater Olympia Inn

Tumwater, WA

Price/Room: $109,551

Listing Price: $9,750,000

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Hospitality/Golf

Holiday Inn Express & Suites Portland-Jantzen Beach

Portland, OR

Price/Room: $134,459

Listing Price: $9,950,000

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Land

Wine Country Walla Walla Commercial Dev Site

Walla Walla, WA

Lot Size: 5.38 acres

Listing Price: $855,000

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Medical Office

Gresham Medical Office Building

Gresham, OR

Gross SF: 2,879

Listing Price: $1,200,000

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Land

Kent TOD Development Site

Kent, WA

Lot Size: 5.46 acres

Listing Price: $5,490,000

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Net Lease

Dairy Queen

Salem, OR

Years Remaining On Lease: 11.3

Cap Rate: 5.55%

Listing Price: $1,745,000

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Land

2615 22nd St

Salem, OR

Lot Size: 2.22 acres

Listing Price: $3,000,000

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Self-Storage

A Plus Storage

Cave Junction, OR

Year Built: 1986

Cap Rate: 8.04%

Listing Price: $3,100,000

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Self-Storage

Pedron's RV Storage

Vancouver, WA

Year Built: 1986

Listing Price: Request For Offer

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Land

Auburn Land

Auburn, WA

Lot Size: 4.59 acres

Listing Price: $2,100,000

Bidding Starts: Dec 8, 2025
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Retail

Auction - REIT Sale | Former Walgreens with Drive-Thru | 24K VPD | Hard Corner | $157K Avg HH Income

Seattle, WA

Price/Gross SF: $17.39

Bidding Ends: Dec 10, 2025

Starting Bid: $250,000

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Apartments

Boones Ferry Apartments

Tualatin, OR

Number of Units: 7

Cap Rate: 5.80%

Listing Price: $1,500,000

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Apartments

Greenwood North

Seattle, WA

Number of Units: 24

Cap Rate: 6.09%

Listing Price: $5,770,000

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Manufactured Housing

Osprey Point RV Resort & Marina

Lakeside, OR

Cap Rate: 7.23%

Listing Price: $6,500,000

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Land

Castle Heights

Wenatchee, WA

Lot Size: 22.57 acres

Listing Price: $2,500,000

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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

The Forces Shaping the 2026 Multifamily Outlook

December 8, 2025

mm multifamily

Research Brief

2026 Multifamily Outlook

December 2025

Research Video

Will Positive Office Demand Carry Into 2026?

December 1, 2025

Employment

Research Brief

2026 Office Outlook

November 2025

Housing

Research Brief

Homeownership Trends

November 2025

Research Video

How Restrained Homebuying Is Influencing CRE

November 24, 2025

Economy

Research Brief

Single-Tenant Net-Lease

November 2025

Research Video

What’s Driving the Rebound in Net Lease Transaction Activity

November 17, 2025

Research Video

CRE Interest Rates Trend Lower

November 10, 2025

Employment

Research Brief

Employment

November 2025

GDP

Research Brief

Interest Rates

November 2025

Research Video

Institutional Multifamily Investment Momentum Builds

November 4, 2025

Research Video

Key 3rd Quarter CRE Performance Trends

November 3, 2025

Research Video

Why Multifamily Remains a Cornerstone for Institutional Investors

November 3, 2025

US Money

Research Brief

Financial Markets

October 2025

Keep Exploring

Research

RECENT NEWS & EVENTS

The Latest News Impacting Your Investment

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

ICSC NEW YORK
Industry Events

ICSC NEW YORK

Javits Center, New York, NY
December 10 – December 11, 2025
Multi-Housing News

Media

Multifamily Investors Returning as Values Stabilize

With construction tapering, confidence is making a comeback.

December 05, 2025

Bloomberg Features Hessam Nadji

Video

Bloomberg News Features Marcus & Millichap CEO Hessam Nadji

The Three Forces Driving Commercial Real Estate; Why Retail Continues to Outperform

November 15, 2025

James Center Plaza

Press Releases

Marcus & Millichap Announces the Sale of a 34,272-Square Foot Tacoma Office Building

Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of James Center Plaza, a 34,272-square foot office property located in Tacoma, Washington. The asset sold for $8,645,000.

October 06, 2025

631 S 96th St

Press Releases

Marcus & Millichap Arranges the Sale of a 17,170-Square-Foot Industrial Building

Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research, and advisory services, announced today the sale of the Former Warp Exhibits Building, a 17,170-square-foot industrial property located in Seattle, WA, according to Joel Deis, regional manager of the firm’s Seattle office.

October 03, 2025

NVA Referral Center

Press Releases

Marcus & Millichap Arranges the Sale of a 27,199 SF Tacoma Net-Leased Property

Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of NVA Referral Center, a 27,199 SF net-leased property located in Tacoma, WA, according to Joel Deis, regional manager of the firm’s Seattle office.

September 26, 2025

Lincoln Townhomes

Press Releases

Marcus & Millichap Arranges the Sale of Lincoln Townhomes, a 10-Unit Apartment Building in Spokane, WA

Marcus & Millichap announced today the sale of Lincoln Townhomes, a 10-unit apartment property located in Spokane, Washington, according to Joel Deis, regional manager of the firm’s Seattle office

September 25, 2025

5100 S Dawson St

Press Releases

Marcus & Millichap Arranges the Sale of a 6,400-Square Foot Seattle Office Building

Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of 5100 S Dawson, a 6,400-square-foot office property located in Seattle, WA, according to Joel Deis, regional manager of the firm’s Seattle office.

September 25, 2025

Yahoo Finance Features Hessam Nadji

Video

Yahoo! Finance Features Marcus & Millichap CEO Hessam Nadji

The Commercial Real Estate Revival – Key Forces Supporting the CRE Investment Outlook

September 23, 2025

The Wall Street Journal

Media

Lower Rates Are Set to Juice the Commercial-Property Market

New interest-rate easing cycle could lead to more property sales and lending, reversing yearslong slide

September 23, 2025

Bloomberg Features Hessam Nadji

Video

Bloomberg News Features Marcus & Millichap CEO Hessam Nadji

Fed Rate Cut and Increased Bank Lending Bolster CRE Outlook

September 19, 2025

CNBC Features Hessam Nadji

Video

CNBC Features Marcus & Millichap CEO Hessam Nadji

Durable CRE Space Demand Drives Investment Opportunity

September 19, 2025

Sunset Terrace

Press Releases

Marcus & Millichap Capital Corporation Arranges $28 Million Financing for Seattle MSA Multifamily Property

MMCC arranged $28,060,600 in financing for Sunset Terrace, a 108-unit multifamily property with 3,986 net-rentable square feet of commercial space located at 2715 Sunset Lane NE in Renton, Washington.

September 18, 2025

Bear Creek Plaza

Press Releases

Marcus & Millichap Closes Southern Oregon Shopping Center Sale

Marcus & Millichap announced today the $25.25 million sale of Bear Creek Plaza, a 189,670 square-foot shopping center in Medford, Oregon.

September 15, 2025

Rice Hill Inn Drone Photo

Press Releases

Marcus & Millichap Arranges the Sale of Rice Hill Inn, a 48-Room Hospitality Property in Oakland, OR

Marcus & Millichap announced today the sale of Rice Hill Inn, a 48-room hospitality property located in Oakland, Oregon, according to Adam Lewis, regional manager of the firm’s Denver office

August 15, 2025

Keep Exploring

News & Events