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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: $1,150,000

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Land

Burton Corner I Shovel-Ready 101 Units, 5 Retail

Vancouver, WA

Lot Size: 2.20 acres

Listing Price: $3,600,000

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Apartments

Morning Glory Apartments

Port Angeles, WA

Number of Units: 12

Cap Rate: 7.28%

Listing Price: $1,499,000

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Apartments

Duplexes on 119th

Portland, OR

Number of Units: 6

Cap Rate: 7.12%

Listing Price: $1,080,000

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Retail

Former Miller Paint

Salem, OR

Price/Gross SF: $174.94

Listing Price: $1,145,000

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Retail

Former Miller Paint

Gresham, OR

Price/Gross SF: $234.69

Listing Price: $2,300,000

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Net Lease

Crash Champions | Recent 5-Year Extension | Significantly Below Market Rent

Monroe, WA

Years Remaining On Lease: 4.2

Cap Rate: 7.27%

Listing Price: $1,000,000

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Net Lease

Dairy Queen

Salem, OR

Years Remaining On Lease: 10.7

Cap Rate: 5.82%

Listing Price: $1,613,000

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Apartments

Studio Pointe

Portland, OR

Number of Units: 30

Cap Rate: 5.37%

Listing Price: $3,350,000

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Apartments

The Avalon

Bellingham, WA

Number of Units: 16

Cap Rate: 6.71%

Listing Price: $2,250,000

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Net Lease

Former Advance Auto Parts (Hub Store - 2017 Build) - Owner/User Opportunity

Lakewood, WA

Years Remaining On Lease: 0.4

Listing Price: $3,995,000

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Apartments

The Harold

Portland, OR

Number of Units: 11

Cap Rate: 5.67%

Listing Price: $2,199,000

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Apartments

PineHurst Village

Medford, OR

Number of Units: 19

Cap Rate: 6.14%

Listing Price: $5,295,000

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Apartments

White Pine Apartments

Klamath Falls, OR

Number of Units: 16

Cap Rate: 8.04%

Listing Price: $1,040,000

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Apartments

Cornell Place

Hillsboro, OR

Number of Units: 12

Cap Rate: 6.29%

Listing Price: $2,000,000

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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

Has the Apartment Market Turned to the Upside?

July 24, 2026

Economy

Research Brief

Retail Sales

July 2026

Economy

Research Brief

Inflation

July 2026

Research Video

Inflation Risk: Headwind or Opportunity for CRE?

July 16, 2026

Research Video

Will Economic Momentum Boost CRE for Rest of 2026?

July 10, 2026

Employment

Research Brief

Employment

July 2026

Research Video

The Multifamily Development Reset — An Opportunity for Investors?

July 7, 2026

Research Video

Short-Term Headwinds, Long-Term Tailwinds

July 2, 2026

Housing

Research Brief

Housing

July 2026

Research Video

Key Advantages of CRE Investments Today

June 26, 2026

Economy

Research Brief

Retail Sales

June 2026

GDP

Research Brief

Financial Markets

June 2026

Research Video

Can CRE Provide Investment Inflation Resistance?

June 19, 2026

Research Video

How Stronger Hiring and Rising Inflation Could Shape CRE

June 12, 2026

GDP

Research Brief

Inflation

June 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.

Marcus & Millichap

Press Releases

Marcus & Millichap Selects Deferred as Preferred 1031 Exchange Provider

Deferred joins Marcus & Millichap’s Preferred Partner Program as a technology-powered qualified intermediary providing 1031 exchange solutions for real estate investors.

July 23, 2026

12th Annual National Net Lease Summit
Industry Events

National Net Lease Summit

University Club of Chicago, Chicago, IL
July 24, 2026
The Penrith

Press Releases

Marcus & Millichap Arranges $3 Million Sale of Seattle Apartments

Marcus & Millichap announced today the sale of The Penrith, a 15-unit apartment property for $3 million in Seattle's University District.

July 21, 2026

NYSE TV Features Marcus & Millichap CEO Hessam Nadji

Video

NYSE Features Marcus & Millichap CEO Hessam Nadji

CRE Investment on the Rise? The Forces Bolstering Investment Property

July 16, 2026

Fife Village

Press Releases

Marcus & Millichap Arranges $2.43 Million Sale of Multifamily Property in Fife, Washington

Marcus & Millichap announced today the sale of Fife Village Apartments, a 16-unit multifamily property in Fife, Washington, for $2,425,000.

July 14, 2026

Fife Village

Press Releases

Marcus & Millichap Arranges $2.43 Million Sale of Multifamily Property in Fife, Washington

Marcus & Millichap announced today the sale of Fife Village Apartments, a 16-unit multifamily property in Fife, Washington, for $2,425,000.

July 10, 2026

Andee Robb

Press Releases

Marcus & Millichap Appoints Head of Retail Leasing & Advisory Services

Marcus & Millichap announced today that Andee Robb has joined Marcus & Millichap as head of Retail Leasing & Advisory Services, a newly established role that reflects Marcus & Millichap’s continued investment in providing market-leading solutions to clients.

June 30, 2026

Washington State Department of Social and Health Services

Press Releases

Marcus & Millichap Arranges $7.23 Million Sale of Washington State Government-Leased Property in Moses Lake

Marcus & Millichap announced today the sale of a 24,240-square-foot office property leased to the Washington State Department of Social and Health Services (DSHS) in Moses Lake

June 29, 2026

AAHOA Northwest Hotel Owners Conference & Trade Show
Industry Events

AAHOA Northwest Hotel Owners Conference & Trade Show

Hilton Garden Inn (Former Monarch), Clackamas, OR
August 18, 2026
Thomas Gorman

Press Releases

Marcus & Millichap Appoints National Director of Net Lease Division

Marcus & Millichap announced today that Thomas Gorman has been appointed senior managing director and leader of its national net lease division, a newly created leadership role that reflects Marcus & Millichap’s continued investment in expanding the firm’s national net lease business.

June 25, 2026

CNBC Features Marcus & Millichap CEO Hessam Nadji

Video

CNBC Features Marcus & Millichap CEO Hessam Nadji

Amid Elevated Interest Rates, Would ROAD to Housing Act Boost Housing Market?

June 25, 2026

Connect CRE logo

Awards

Clayton Brown Recognized by Connect CRE’s Next Gen Awards

Clayton Brown, Senior Managing Director Investments in Marcus & Millichap’s Seattle office, was recognized by Connect CRE as part of its Next Gen Awards program.

June 24, 2026

Charlemagne Apartments

Press Releases

Marcus & Millichap Arranges $3 Million Sale of Charlemagne Apartments in Seattle, Washington

Marcus & Millichap announced today the sale of Charlemagne Apartments, a 14-unit multifamily property for $3 million.

June 23, 2026

GlobeSt.com

Awards

Steven J. Siegel Recognized by GlobeSt. as an Influencer in Retail Real Estate 2026

Steven J. Siegel, executive managing director investments with Institutional Property Advisors (IPA), a division of Marcus & Millichap, has been recognized by GlobeSt. as part of its Influencers in Retail Real Estate 2026 program.

June 19, 2026

Marcus & Millichap

Press Releases

Marcus & Millichap Names Brown & Brown Preferred Partner for Insurance and Risk Management

Providing commercial real estate investors greater visibility into insurance costs and risk

June 18, 2026

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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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