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Global Reach, Local Expertise

Welcome to Marcus & Millichap, the #1 commercial real estate investment brokerage and capital markets services firm in North America.

Property SaleAuctionsConnect with an Advisor
$49.6 Billion

Value of Recently Closed Transactions

Pacific Northwest: $2.5B

7,836

Closed Sales in Most Recent Year

Pacific Northwest: 300

$10.9 Billion

Total Value of Recent Listings

1,249

Closed Financings in Most Recent Year

Our Impact

A Legacy of Success, Built for the Future

For more than 50 years, Marcus & Millichap has worked tirelessly to help our clients create and preserve wealth through commercial real estate investment sales as well as debt and equity advisory. Since our founding in 1971, we have grown to more than 80 offices throughout the United States and Canada, including two offices here in the Pacific Northwest. We also assembled the industry’s largest and most qualified team of specialists to help provide real estate solutions that match your unique investment needs. Connect with an advisor today.

Joel Deis

Joel Deis

First Vice President/Regional Manager

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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Retail

Dollar Tree Center | 14.07% Cash-On-Cash Return | NNN Tenants

Grants Pass, OR

Price/Gross SF: $105.84

Cap Rate: 9.45%

Listing Price: $1,750,000

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Hospitality/Golf

Holiday Inn Express & Suites Portland-Jantzen Beach

Portland, OR

Price/Room: $147,973

Listing Price: $10,950,000

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Apartments

Vista Rainier

Tacoma, WA

Number of Units: 50

Cap Rate: 5.24%

Listing Price: $7,750,000

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Apartments

Windjammer

Ocean Shores, WA

Number of Units: 28

Cap Rate: 7.24%

Listing Price: $3,900,000

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Apartments

Discovery Shores

Ocean Shores, WA

Number of Units: 26

Cap Rate: 6.21%

Listing Price: $2,900,000

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Hospitality/Golf

The Ashley Inn & Suites

Lincoln City, OR

Price/Room: $108,000

Listing Price: $8,100,000

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Apartments

Tigardville Apartments

Tigard, OR

Number of Units: 36

Cap Rate: 6.12%

Listing Price: $7,400,000

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Apartments

Bridge City Apartments

Portland, OR

Number of Units: 48

Cap Rate: 6.56%

Listing Price: $7,811,500

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Office

74th Street Plaza

Tacoma, WA

Price/Gross SF: $160.38

Listing Price: $3,575,000

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Self-Storage

A Plus Storage

Cave Junction, OR

Year Built: 1986

Cap Rate: 7.37%

Listing Price: $3,250,000

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Office

Cheney Dental Care

Cheney, WA

Price/Gross SF: $228.41

Cap Rate: 6.01%

Listing Price: $1,275,000

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Retail

T-Mobile & Sleep Number

Spokane, WA

Price/Gross SF: $516.45

Cap Rate: 7.55%

Listing Price: $2,480,000

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Retail

16721 SE Division St

Portland, OR

Price/Gross SF: $30.26

Listing Price: $1,450,000

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Office

Mukilteo Square

Mukilteo, WA

Listing Price: Request For Offer

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Retail

617 NE 102nd Ave

Portland, OR

Price/Gross SF: $71.35

Cap Rate: 6.00%

Listing Price: $1,475,000

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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.

GDP

Research Brief

Inflation

August 2025

Research Video

The Forces Driving Interest Rates Lower – Will They Last?

August 11, 2025

Research Video

CRE Space Demand Trends for 2Q

August 4, 2025

Employment

Research Brief

Employment

August 2025

GDP

Research Brief

Gross Domestic Product

August 2025

Research Video

Why CRE Fundamentals Are Poised To Improve

July 28, 2025

Economy

Research Brief

Retail Sales

July 2025

GDP

Special Report

2025 Washington Tax Changes

July 2025

Research Video

Will Office Recovery Influence the Broader CRE Market?

July 21, 2025

GDP

Research Brief

Inflation

July 2025

mm industrial

Market Report

2025 U.S. Industrial Investment Outlook Midyear

2025 Outlook

Research Video

New Tax Laws Ease Uncertainty: Implications For CRE Investors

July 14, 2025

mm self storage

Market Report

2025 U.S. Self-Storage Investment Outlook Midyear

2025 Outlook

Employment

Research Brief

Employment

July 2025

mm financial

Special Report

2025 Tax Reform

July 2025

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RECENT NEWS & EVENTS

The Latest News Impacting Your Investment

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

AAHOA Northwest Hotel Owners Conference and Trade Show
Industry Events

AAHOA Northwest Hotel Owners Conference and Trade Show

Sheraton Portland Airport Hotel, Portland, OR
August 19, 2025
Villa Maria Located in Seattle Washington

Press Releases

Marcus & Millichap announced today the sale of Villa Maria, an 11-unit apartment property located in Seattle, WA

Marcus & Millichap announced today the sale of Villa Maria, an 11-unit apartment property located in Seattle, WA, according to Joel Deis, regional manager of the firm’s Seattle office.

August 07, 2025

SSA 2025 Fall Conference & Trade Show
Industry Events

SSA 2025 Fall Conference & Trade Show

Aria Resort & Casino, Las Vegas, NV
September 2 – September 5, 2025
Western States CREF Conference
Industry Events

Western States CREF Conference

Aria Resort & Casino, Las Vegas, NV
September 3 – September 5, 2025
Northern California Multifamily Forum
Marcus & Millichap Events

Northern California Multifamily Forum

San Francisco Airport Marriott Waterfront, Burlingame, CA
September 4, 2025
2025 NIC Fall Conference
Industry Events

2025 NIC Fall Conference

JW Marriott, Austin, TX
September 8 – September 10, 2025
CRE.Converge
Industry Events

NAIOP CRE.Converge

Sheraton Centre Toronto, Toronto, Ontario
September 8 – September 10, 2025
GlobeSt.com

Media

Data Centers Fuel Record Spending on U.S. Energy Infrastructure

AI demands have ignited a new wave of data center development.

July 02, 2025

ICSC@WESTERN
Industry Events

ICSC@WESTERN

Palm Springs Convention Center, Palm Springs, CA
September 28 – September 30, 2025
Tri-City Center

Press Releases

Marcus & Millichap Arranges the Sale of a 14.18 Acre Shopping Center in the Tri-Cities

Marcus & Millichap’s Brown Retail Group successfully facilitated the sale of a premier 14.18-acre shopping center in the heart of the Tri-Cities retail trade area, according to Joel Deis, regional manager of the firm’s Seattle office.

July 02, 2025

The Lodging Conference
Industry Events

The Lodging Conference

JW Marriott Phoenix Desert Ridge Resort & Spa, Phoenix, AZ
October 6 – October 10, 2025
CREW Network Convention
Industry Events

CREW Network Convention

Fairmont Hotel, Austin, TX
October 8 – October 10, 2025
Pacific Northwest Multifamily Forum
Marcus & Millichap Events

Pacific Northwest Multifamily Forum

Sheraton Grand Seattle, Seattle, WA
October 16, 2025
Globe St. Multifamily Fall
Industry Events

Globe St. Multifamily Fall

JW Marriott Los Angeles L.A. LIVE, Los Angeles, CA
October 20, 2025
Charles Schwab Features Marcus & Millichap CEO Hessam Nadji

Video

Charles Schwab Features Marcus & Millichap CEO Hessam Nadji

Headwinds & Opportunities: The Forces Shaping CRE Investment Activity

June 10, 2025

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Interested in a Complimentary Valuation

Looking for Acquisition Opportunities

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Financing
Options

1031 exchange background

Looking to Reinvest?
Let Us Help You With Your Next Exchange.

Instead of immediately paying capital gains on the sale of a property (the “down leg”), many investors prefer to defer that payment by purchasing a new property (the “up leg”) with the proceeds. This is commonly referred to as a 1031 exchange, in reference to the section of U.S. tax code that defines it. There are specific rules and timelines related to a 1031 exchange, and it is important to have an experienced and knowledgeable specialist handling the process.

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