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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.

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$50.9 Billion

Value of Recently Closed Transactions

Pacific Northwest: $3.3B

8,818

Closed Sales in Most Recent Year

Pacific Northwest: 308

$12.5 Billion

Total Value of Recent Listings

1,659

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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Apartments

Ballard Triplex

Seattle, WA

Number of Units: 3

Cap Rate: 4.07%

Listing Price: $1,200,000

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Apartments

Rickshaw Apartments

Eugene, OR

Number of Units: 8

Cap Rate: 6.03%

Listing Price: $1,300,000

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Net Lease

Dollar General | Oregon | Absolute Net | Along OR-99 - Minutes from Interstate 5

Glendale (Southern Oregon), OR

Years Remaining On Lease: 6.6

Cap Rate: 7.75%

Listing Price: $1,542,194

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Apartments

Greentree Apartments

Seattle, WA

Number of Units: 37

Cap Rate: 5.20%

Listing Price: $13,195,000

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Net Lease

Wendy’s | New 5-Year Ext | Abs Net Ground Lease w/ Strong Guarantee

Kent, WA

Years Remaining On Lease: 5.5

Cap Rate: 5.30%

Listing Price: $2,500,000

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Apartments

Lewis and Clark Plaza

Vancouver, WA

Number of Units: 46

Listing Price: Request For Offer

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Self-Storage

Pak-A-Nut Storage

Bellingham, WA

Year Built: 2006

Cap Rate: 2.50%

Listing Price: $10,000,000

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Hospitality/Golf

Candlewood Suites & avid Dual-Brand Development

Tukwila, WA

Price/Room: $30,000

Listing Price: $3,000,000

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Office

Orchard Professional Center | Owner-User or Value-Add Opportunity w/ Income | For Sale or Lease

University Place, WA

Price/Gross SF: $160.94

Listing Price: $1,625,000

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Net Lease

Crash Champions | 12+ Year Corporate NNN Lease | 3% Annual Increases

Burlington, WA

Years Remaining On Lease: 12.7

Cap Rate: 5.75%

Listing Price: $1,940,000

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Medical Office

Proliance Medical Building | Rare Owner-User Surgery Center | In-Place Income Until 2027

Mount Vernon, WA

Gross SF: 19,904

Cap Rate: 8.66%

Listing Price: $6,800,000

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Office

CLS Building | Value-Add or Owner-User Opportunity | Below Market Rent | Blocks from Light Rail

Lynnwood, WA

Price/Gross SF: $187.78

Cap Rate: 5.87%

Listing Price: $3,000,000

Bidding Starts: May 4, 2026
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Industrial

Auction - 103K SF Seattle MSA Industrial | $2.5M Recent CapEx

Tacoma, WA

Price/Gross SF: $7.28

Bidding Ends: May 6, 2026

Starting Bid: $750,000

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Medical Office

Crystal Creek Professional Building

Gresham, OR

Listing Price: $4,590,000

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Net Lease

Denny’s | 20-Year Abs Net Sale-Leaseback | Top Ranked Location with Recent Full Remodel

Auburn, WA

Cap Rate: 5.50%

Listing Price: $3,435,000

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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

Could Economic Volatility Bolster CRE Investment?

April 17, 2026

GDP

Research Brief

Inflation

April 2026

Research Video

Will Slowing Job Creation Weigh on CRE Space Demand?

April 9, 2026

Employment

Research Brief

Employment

April 2026

Research Video

Will Surging Home Mortgage Rates Influence CRE?

April 3, 2026

Housing

Research Brief

Housing

April 2026

Self-Storage

Market Report

2026 U.S. Self-Storage National Investment Outlook

2026 Outlook

Research Video

Key Trends Driving the 2026 Hospitality Outlook

March 27, 2026

GDP

Research Brief

Financial Markets

March 2026

Research Video

Four Trends CRE Investors Should Track

March 20, 2026

mm hospitality

Market Report

2026 Hospitality Investment Outlook

2026 Outlook

Research Video

How Iran Conflict Is Impacting The Economy and CRE

March 16, 2026

GDP

Research Brief

Inflation

March 2026

Research Video

CRE Retail Trends and Outlook for Top Markets

March 9, 2026

Employment

Research Brief

Employment

March 2026

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RECENT NEWS & EVENTS

The Latest News Impacting Your Investment

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

Middle East Conflict: Implications for U.S. Economy and CRE
Marcus & Millichap Events

Middle East Conflict: Implications for U.S. Economy and CRE

Live Webcast
April 20, 2026
Marcus & Millichap

Press Releases

Marcus & Millichap Releases Information Regarding Cybersecurity Incident

We recently identified unauthorized access to one of our systems through a phishing attack targeting an employee’s credentials.

April 12, 2026

NAIOP National Forums Symposium 2026
Industry Events

NAIOP National Forums Symposium

The Hyatt Regency Salt Lake City and Salt Palace Convention Center, Salt Lake City, Utah
April 28 – April 30, 2026
BisNow3

Media

Fed Reforms Would Give Banks More Liquidity, But Murky Outlook Could Slow The Flow

The Federal Reserve's proposal to loosen the handcuffs placed on banks in the wake of the Global Financial Crisis marks a major shift in oversight that could unlock up to $175B in new capital for commercial real estate — should lenders choose to spend it. 

April 02, 2026

Choice Hotels 70th Annual Convention
Industry Events

Choice Hotels 70th Annual Convention

Mandalay Bay Convention Center, Las Vegas, Nevada
May 5 – May 7, 2026
The Car Wash Show
Industry Events

The Car Wash Show

Music City Center, Nashville, TN
May 11 – May 13, 2026
BisNow3

Media

Why The Iran Conflict's Impact On U.S. Real Estate Hinges On When It Ends

The escalating U.S. war with Iran is spreading through the Middle East as Iran strikes back at what it defines as Western assets around the Persian Gulf.

March 17, 2026

ICSC LAS VEGAS
Industry Events

ICSC LAS VEGAS

Las Vegas Convention Center, Las Vegas, NV
May 18 – May 20, 2026
2026 NAIOP I.CON Data Centers
Industry Events

NAIOP I.CON Data Centers

Hyatt Regency Jersey City on the Hudson, Jersey City, New Jersey
May 19, 2026
CNBC Features Marcus & Millichap CEO Hessam Nadji

Video

CNBC Features Marcus & Millichap CEO Hessam Nadji

Will AI Disrupt CRE Brokerage and Office Space Demand?

February 13, 2026

NYSE Features Marcus & Millichap CEO Hessam Nadji

Video

NYSE Features Marcus & Millichap CEO Hessam Nadji

Commercial Real Estate At A Turning Point?

January 23, 2026

720 West 5th Ave

Press Releases

Marcus & Millichap Brokers Hospitality Asset Sale in Downtown Anchorage

Marcus & Millichap announced the sale of 720 West 5th Avenue, a 13-story, 200-key hotel in Anchorage, Alaska.

January 23, 2026

Marcus & Millichap Logo

Press Releases

Marcus & Millichap Announces New Regional Leadership Titles Across the U.S. and Canada

Marcus & Millichap announced that effective Jan. 1, 2026, the firm transitioned its regional management position titles to market leader titles of Director, Managing Director and Senior Managing Director based on tenure and level of accomplishment.

January 20, 2026

NAIOP Fall Conference
Industry Events

NAIOP Fall Conference

Sheraton Downtown Denver, Denver, Colorado
October 5 – October 7, 2026
Yahoo! Finance Features Marcus & Millichap CEO Hessam Nadji

Video

Yahoo! Finance Features Marcus & Millichap CEO Hessam Nadji

Will 2026 Mark the Turning Point For Commercial Real Estate?

December 19, 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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