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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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$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 | Recent Lease Extension | Strong Historical Occupancy

Grants Pass, OR

Price/Gross SF: $108.86

Cap Rate: 9.17%

Listing Price: $1,800,000

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Hospitality/Golf

Comfort Inn & Suites Seattle North

Seattle, WA

Price/Room: $138,889

Listing Price: $10,000,000

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Hospitality/Golf

Hampton Inn Eugene

Eugene, OR

Price/Room: $277,869

Listing Price: $16,950,000

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Retail

North Bend Retail

North Bend, WA

Price/Gross SF: $273.28

Cap Rate: 5.15%

Listing Price: $1,250,000

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Land

Burton Corner

Vancouver, WA

Lot Size: 2.20 acres

Listing Price: Request For Offer

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Apartments

Tanglewood Apartments

Lynnwood, WA

Number of Units: 42

Cap Rate: 4.95%

Listing Price: $8,950,000

Bidding Starts: May 19, 2025
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Retail

Auction - REIT Sale | Former Regal Cinemas | 31K VPD | 62,400 SF | 11.76 Acres | Portland

Portland, OR

Price/Gross SF: $8.01

Bidding Ends: May 21, 2025

Starting Bid: $500,000

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Retail

Klineline Center | 10% Cash-On-Cash Return | Below Market Rent |

Vancouver, WA

Price/Gross SF: $196.46

Cap Rate: 6.50%

Listing Price: $3,890,000

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Apartments

14th Ave South Apartments

Seattle, WA

Number of Units: 20

Cap Rate: 5.98%

Listing Price: $3,700,000

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Retail

Downtown Pullman Commercial Building

Pullman, WA

Listing Price: $679,000

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Retail

1621-1637 SE Hawthorne Blvd

Portland, OR

Price/Gross SF: $241.41

Cap Rate: 2.81%

Listing Price: $2,600,000

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Medical Office

James Center Plaza

Tacoma, WA

Gross SF: 34,272

Cap Rate: 6.81%

Listing Price: $8,900,000

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Self-Storage

Tote 'N Stow

Tualatin, OR

Year Built: 1978

Cap Rate: 6.00%

Listing Price: $14,250,000

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Industrial

3925-3927 N Williams Ave

Portland, OR

Price/Gross SF: $360.00

Cap Rate: 7.25%

Listing Price: $900,000

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Office

3689 SW Carman Dr

Lake Oswego, OR

Listing Price: $2,500,000

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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

Industrial Investments Durable Amid Uncertainty

April 30, 2025

Economy

Research Brief

Retail Sales

April 2025

Research Video

Multifamily Well Positioned to Face Economic Headwinds

April 28, 2025

mm hospitality

Market Report

2025 Hospitality Investment Outlook

2025 Outlook

Research Video

Emerging Signals in the Office Investment Market

April 23, 2025

Research Video

Private Investors Taking the Lead in CRE Investment?

April 21, 2025

Research Video

How Consumer Sentiment Could Shape Multifamily Demand

April 18, 2025

GDP

Research Brief

Inflation

April 2025

Employment

Special Report

U.S. Trade Policy

April 2025

Research Video

Financial Market Whiplash vs CRE Investment Durability

April 14, 2025

Research Video

Market Reacts to Tariffs – Implications for CRE?

April 7, 2025

Employment

Research Brief

Employment

April 2025

Research Video

Rising Above Uncertainty: A Five-Year Perspective

March 31, 2025

Research Video

The Forces Driving Long-Term Rental Housing Demand

March 24, 2025

Retail

Market Report

2025 U.S. Retail Investment Forecast

2025 Outlook

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RECENT NEWS & EVENTS

The Latest News Impacting Your Investment

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

MHI 2025 Congress & Expo
Industry Events

MHI 2025 Congress & Expo

Rosen Shingle Creek, Orlando, FL
May 5 – May 7, 2025
National Forums Symposium
Industry Events

National Forums Symposium

The Sheraton New Orleans Hotel, New Orleans, Louisiana
May 13 – May 15, 2025
ICSC LAS VEGAS
Industry Events

ICSC LAS VEGAS

Las Vegas Convention Center, Las Vegas, NV
May 18 – May 20, 2025
Marcus & Millichap

Press Releases

Marcus & Millichap Announces Senior Management Reorganization to Maximize Growth Opportunities

Marcus & Millichap announced today a management realignment to streamline decision making, execution and allocation of key executives to strategic growth initiatives.

April 30, 2025

Southern California Multifamily Forum
Marcus & Millichap Events

Southern California Multifamily Forum

Hilton Los Angeles Airport, Los Angeles, CA
June 3, 2025
Bloomberg Features Hessam Nadji

Video

Bloomberg Radio Features Marcus & Millichap CEO Hessam Nadji

2025: A Turning Point For Commercial Real Estate

March 21, 2025

Valvoline

Press Releases

Marcus & Millichap Arranges The Sale Of A 2,842-Square-Foot Net-Leased Property in Washington

Marcus & Millichap announced today the sale of Valvoline, a 2,842-square foot net-leased property located in Sumner, Washington.

February 12, 2025

Columbia Center Heights in Kennewick, WA

Press Releases

Marcus & Millichap Arranges The Sale Of A 12,272-Square-Foot Kennewick Office Building

Marcus & Millichap announced today the sale of Columbia Center Heights Executive Suites, a 12,272-square-foot office property located in Kennewick, Washington

January 10, 2025

CNBC Features Hessam Nadji

Video

CNBC Features Marcus & Millichap CEO Hessam Nadji

Why 2025 Will Be A Turning Point For Commercial Real Estate

December 13, 2024

Hessam Nadji on Yahoo! Finance

Video

Yahoo! Finance Features Marcus & Millichap CEO Hessam Nadji

How Investors Are Adapting To The Evolving Interest Rate Outlook

December 12, 2024

The Heart Building

Press Releases

Marcus & Millichap Arranges The Sale Of A 12,654-Square Foot Seattle Office Building

Marcus & Millichap announced today the sale of The Heart Building, a 12,654-square foot office property located in Seattle, Washington

December 12, 2024

Bloomberg Features Hessam Nadji

Video

Bloomberg News Features Marcus & Millichap CEO Hessam Nadji

2025: A Turning Point For Commercial Real Estate

December 11, 2024

Jet Inn Motel

Press Releases

Marcus & Millichap Arranges The Sale Of a 32-Room Tukwila Hospitality Property

Marcus & Millichap announced today the sale of Jet Inn Motel, a 32-room hospitality property located in Tukwila, Washington

December 06, 2024

Harbor Place Professional Center

Press Releases

Marcus & Millichap Arranges The Sale Of a 4,320-Square Foot Washington Office Building

Marcus & Millichap announced today the sale of the Harbor Place Professional Center, a 4,320-square foot office property located in Des Moines, Washington

December 06, 2024

NYSE TV Features Marcus & Millichap CEO Hessam Nadji

Video

NYSE TV Features Marcus & Millichap CEO Hessam Nadji

Why CRE Investors Favor Retail Real Estate

November 15, 2024

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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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