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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

Dairy Queen

Vancouver, WA

Price/Gross SF: $200.87

Listing Price: $3,500,000

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Self-Storage

A Plus Storage

Cave Junction, OR

Year Built: 1986

Cap Rate: 7.09%

Listing Price: $3,350,000

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Office

3689 Carman Dr

Lake Oswego, OR

Price/Gross SF: $392.76

Listing Price: $2,375,000

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Industrial

Elk, WA - Warehouse/Office

Elk, WA

Price/Gross SF: $54.96

Cap Rate: 1.00%

Listing Price: $499,990

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Land

Ballard Bros Dev Site | TOD Site Across From Future Ballard Link Station

Seattle, WA

Lot Size: 0.29 acres

Listing Price: $4,800,000

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Retail

Thrift Store

Salem, OR

Price/Gross SF: $60.10

Listing Price: $1,200,000

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Industrial

Vancouver Industrial Center

Vancouver, WA

Price/Gross SF: $122.13

Cap Rate: 6.05%

Listing Price: $8,495,000

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Apartments

Ivy Avenue

Tillamook, OR

Number of Units: 12

Cap Rate: 8.00%

Listing Price: $925,000

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Apartments

Coast Pine Apartments

Vancouver, WA

Number of Units: 18

Cap Rate: 5.94%

Listing Price: $3,500,000

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Retail

Former Rite Aid Pharmacy

Sequim, WA

Price/Gross SF: $190.99

Listing Price: $3,300,000

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Apartments

Bridge City Apartments

Portland, OR

Number of Units: 48

Cap Rate: 6.50%

Listing Price: $7,930,000

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Hospitality/Golf

The Ashley Inn & Suites

Lincoln City, OR

Price/Room: $110,000

Listing Price: $8,250,000

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Net Lease

Quality Collision Group

Puyallup, WA

Years Remaining On Lease: 15.0

Cap Rate: 6.25%

Listing Price: $7,200,000

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Hospitality/Golf

Holiday Inn Express & Suites Portland-Jantzen Beach

Portland, OR

Price/Room: $159,459

Listing Price: $11,800,000

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Industrial

18 Year Absolute Net Leased Industrial & IOS Building

Junction City, OR

Cap Rate: 6.30%

Listing Price: $5,750,000

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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.

Research Video

Local Rent Gains and The Big Picture

June 30, 2025

Research Video

Flat Fed, Inflation Risks & Durability of Retail Sales

June 23, 2025

Economy

Research Brief

Financial Markets

June 2025

Research Video

Have Tariffs Increased Inflation? Not Yet…

June 16, 2025

GDP

Research Brief

Inflation

June 2025

Research Video

Emerging Cap Rate Spreads and Trends

June 9, 2025

Employment

Research Brief

Employment

June 2025

US Money

Special Report

California Multifamily Property Insurance

June 2025

Research Video

New Tax Bill May Bolster CRE Investment Climate

June 2, 2025

US Money

Special Report

Interest Rate Outlook

May 2025

Research Video

Interest Rates on the Rise?

May 27, 2025

GDP

Research Brief

Inflation

May 2025

Employment

Research Brief

Retail Sales

May 2025

Research Video

Understanding Today’s CRE Distress Landscape

May 19, 2025

Research Video

Can the Office Market Regain Its Footing in 2025?

May 5, 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.

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

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

CHLA/AAHOA Southern California Hotelier Conference and Trade Show
Industry Events

CHLA/AAHOA Southern California Hotelier Conference and Trade Show

DoubleTree by Hilton Hotel Ontario Airport, Ontario, CA
July 15, 2025
11th Annual National Net Lease Summit
Industry Events

11th Annual National Net Lease Summit

University Club, Chicago, IL
July 24, 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

The Saint Theodore at Roosevelt

Press Releases

Marcus & Millichap Arranges the sale of a 47-Unit Seattle Apartment Building

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Saint Theodore on Roosevelt, a 47-unit apartment property located in Seattle, WA, according to Joel Deis, regional manager of the firm’s Seattle office.

June 03, 2025

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
The Junction

Press Releases

Marcus & Millichap Arranges the Sale of a 31,000-Square-Foot Washington Industrial Building

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research, and advisory services, announced today the sale of The Junction, a 31,000-square-foot industrial property located in Woodinville, WA, according to Joel Deis, regional manager of the firm’s Seattle office.

May 29, 2025

Former Cascade

Press Releases

Marcus & Millichap Arranges the Sale of an 18,314-Square-Foot Office Building in Washington

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Former Cascade Orthopaedics Building, a 18,314-square foot office property located in Auburn, WA, according to Joel Deis, regional manager of the firm’s Seattle office—the asset sold for $7,250,000.

May 12, 2025

Washington Square

Press Releases

Marcus & Millichap Arranges the Sale of a 23,679-Square-Foot Retail Property in Washington

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Washington Square.

May 12, 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
CRE.Converge
Industry Events

NAIOP CRE.Converge

Sheraton Centre Toronto, Toronto, Ontario
September 8 – September 10, 2025
2025 NIC Fall Conference
Industry Events

2025 NIC Fall Conference

JW Marriott, Austin, TX
September 8 – September 10, 2025

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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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