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Seattle, Washington

Seattle Office

Contact Our Office

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
Direct: (206) 826-5750
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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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Net Lease

Brand New Construction Dollar General | Spokane, WA MSA

Elk, WA

Years Remaining On Lease: 15.2

Cap Rate: 5.70%

Listing Price: $2,388,632

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Apartments

Sheridan Plaza

Albany, OR

Number of Units: 33

Cap Rate: 5.67%

Listing Price: $4,400,000

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Apartments

5th Street Apartments

Tillamook, OR

Number of Units: 13

Cap Rate: 14.25%

Listing Price: $795,000

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Industrial

2- Tenant NNN Industrial Spokane WA MSA

Clayton, WA

Price/Gross SF: $84.84

Cap Rate: 7.23%

Listing Price: $4,700,000

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Retail

11917 SE Stark Retail Warehouse

Portland, OR

Price/Gross SF: $145.99

Cap Rate: 1.50%

Listing Price: $1,000,000

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Self-Storage

Sun Basin Self Stor

Othello, WA

Year Built: 2002

Cap Rate: 6.25%

Listing Price: $5,700,000

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Industrial

1918 Stewart Street

Tacoma, WA

Listing Price: Request For Offer

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Hospitality/Golf

Quality Inn & Suites Bainbridge Island

Bainbridge Island, WA

Price/Room: $120,000

Listing Price: $5,400,000

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Hospitality/Golf

Clarion Pointe Medford

Medford, OR

Price/Room: $142,857

Listing Price: $9,000,000

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Net Lease

Umpqua Bank - Chehalis

Chehalis, WA

Years Remaining On Lease: 3.5

Cap Rate: 6.48%

Listing Price: $2,500,000

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Dollar General

Chewelah, WA

Years Remaining On Lease: 14.9

Cap Rate: 5.50%

Listing Price: $2,674,000

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Industrial

Ziegler Lumber Company

Moses Lake, WA

Cap Rate: 6.25%

Listing Price: $4,560,000

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Land

Juanita Development Site

Kirkland, WA

Lot Size: 0.24 acres

Listing Price: $1,550,000

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Apartments

324 W Clackamas Blvd

Gladstone, OR

Number of Units: 6

Cap Rate: 4.13%

Listing Price: $1,035,000

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Subway/Papa Murphy's Portfolio | Clarkston, Prosser, Yakima

Yakima, WA

Years Remaining On Lease: 11.3

Cap Rate: 5.00%

Listing Price: $1,950,000

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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.

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Employment

Research Brief

Employment

December 2022

Research Video Image

Research Video

Holiday Spending on the Rise? Implications for CRE

November 28, 2022

Research Video Image

Research Video

Impact of October Inflation Numbers On CRE

November 21, 2022

Retail

Research Brief

Retail Sales

November 2022

Research Video Image

Research Video

The Employment Market's Impact On CRE

November 14, 2022

Economy

Research Brief

Inflation

November 2022

Research Video Image

Research Video

3 Takeaways From the Latest Fed Meeting

November 7, 2022

Employment

Research Brief

Employment

November 2022

US Money

Research Brief

Financial Markets

November 2022

Housing

Research Brief

Housing

October 2022

Research Video Image

Research Video

What the Yield Curve Inversion Means for CRE

October 31, 2022

IPA GDP Research

Research Brief

Gross Domestic Product

October 2022

Retail

Research Brief

Retail Sales

October 2022

Research Video Image

Research Video

Why Buy CRE in Times of Uncertainty

October 24, 2022

Special Report

Industrial Outdoor Storage

October 2022

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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.

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ICSC New York
Industry Events

ICSC NEW YORK

Javits Center, New York, NY
December 7 – December 8, 2022
GlobeSt.com

Media

What Those Recent Inflation Numbers Really Mean

A number of economic indicators are promising, but with more rate hikes on the horizon, how will CRE investors react?

November 22, 2022

Commercial Property Executive

Media

The 2023 CRE Outlook: CEOs Weigh In

Next year could get bumpy fast. These leading executives shared their insights during this CPEVoices discussion.

November 21, 2022

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Video

Bloomberg Features Marcus & Millichap CEO Hessam Nadji

Real Estate and the Fed’s Tightening Cycle Impact on Valuations and Investment Strategies

November 17, 2022

GlobeSt.com

Media

Market Rally After Latest Inflation Data A 'Foreteller' of What's to Come

Hessam Nadji, President and CEO of Marcus & Millichap, told CNBC that the recent stock rally after better-than-expected CPI data is a harbinger of what's to come in a few months.

November 16, 2022

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Video

Inflation Ease a Positive Sign; Not Yet a Trend. Implications for Commercial Real Estate.

CNBC Features Marcus & Millichap CEO Hessam Nadji: Inflation Ease a Positive Sign; Not Yet a Trend. Implications for Commercial Real Estate.

November 11, 2022

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Video

Bloomberg Features Marcus & Millichap CEO Hessam Nadji

The Impact of Rising Interest Rates And The CRE Opportunities Being Created

November 10, 2022

Dolphin Apartments

Press Releases

Marcus & Millichap Arranges The Sale Of A 36-Unit Apartment Building

Marcus & Millichap announced today the sale of Dolphin Apartments, a 36-unit apartment property located in Kennewick, WA, according to Joel Deis, regional manager of the firm’s Seattle office.

November 10, 2022

Wealth Management

Media

Seritage Might Have to Accept Price Discounts If It Hopes to Complete its Liquidation Sale

While Seritage assets are sure to create investor interest, a cloudy economic outlook and tighter financing availability are bound to be major factors in negotiations, market observers say.

November 09, 2022

GlobeSt.com

Media

Hessam Nadji: How We Got to Where We Are and What’s Next

Hessam Nadji, president and CEO of Marcus & Millichap gave a sweeping overview of the state of the US economy and CRE at the GlobeSt. Multifamily national conference.

October 31, 2022

Wealth Management

Media

Demand for Industrial Space Is Slowing Down. But It’s Still a Landlord’s Market.

While rising inflation and weaker consumer spending are having an impact on industrial property fundamentals, the comparisons are to record highs in occupancy and rent growth.

October 27, 2022

Wealth Management

Media

Retail Landlords See Largely Pluses in the Kroger/Albertsons Merger

The deal reinforces the appeal of physical stores and will likely bring up the value of centers currently anchored by Albertsons, according to brokers.

October 21, 2022

Marcus & Millichap

Press Releases

Marcus & Millichap Arranges the Sale of a 29 Acre Site of Land

Marcus & Millichap announced the sale of Britton Lots, a 29 Acre development site located in Lacey, WA according to Joel Deis

October 21, 2022

Wealth Management

Media

Medical Office Deals Slow Down as Rising Rates Reset Price Expectations

The medical office sector is still considered a favored asset class among investors.

October 19, 2022

GlobeSt.com

Media

The Euro Is Falling. What Does That Mean for US CRE Investment?

Europeans place 15% more capital in US CRE when the Euro is falling than they do when it is performing well.

October 19, 2022

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News & Events