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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
$43.6 Billion

Value of Recently Closed Transactions

Pacific Northwest: $2.3B

7,546

Closed Sales in Most Recent Year

Pacific Northwest: 262

$10.1 Billion

Total Value of Recent Listings

1,076

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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Medical Office

Former Cascade Orthopaedics Building

Auburn, WA

Gross SF: 18,314

Listing Price: $7,800,000

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Retail

Dollar Tree Center | Recent Lease Extensions | Medford, OR MSA

Grants Pass, OR

Price/Gross SF: $120.65

Cap Rate: 8.25%

Listing Price: $1,995,000

Bidding Starts: Nov 18, 2024
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Hospitality/Golf

Auction - Quality Inn and Rodeway Inn & Suites | 83 Rooms | $1.5M Room Revenue

Ontario, OR

Price/Room: $24,096

Bidding Ends: Nov 20, 2024

Starting Bid: $2,000,000

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Net Lease

Foss Audio | Prime Location | Short-Term Lease w/ Below Market Rent

Tukwila, WA

Years Remaining On Lease: 3.0

Cap Rate: 4.75%

Listing Price: $4,295,000

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Industrial

631 S 96th St

Seattle, WA

Price/Gross SF: $331.97

Cap Rate: 3.05%

Listing Price: $5,700,000

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Apartments

St. Helens Apartments

Chehalis, WA

Number of Units: 54

Cap Rate: 6.23%

Listing Price: $5,500,000

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Retail

Freestanding Southcenter Retail | 23,422 SF | 28,000+ VPD

Tukwila, WA

Price/Gross SF: $277.09

Listing Price: $6,490,000

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Apartments

815-827 N Lombard St

Portland, OR

Number of Units: 8

Cap Rate: 7.01%

Listing Price: $1,250,000

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Hospitality/Golf

Great House Motel

Sequim, WA

Price/Room: $62,500

Cap Rate: 13.68%

Listing Price: $1,250,000

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Net Lease

Take 5 Oil Change - New 20 Year Sale-Leaseback

Lakewood, WA

Cap Rate: 5.75%

Listing Price: $2,434,782

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Land

Medford Development Site

Medford, OR

Lot Size: 0.68 acres

Listing Price: $775,000

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Net Lease

Chase Bank

Portland, OR

Years Remaining On Lease: 3.9

Cap Rate: 5.76%

Listing Price: $945,000

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Hospitality/Golf

Eagle Crater Lake Inn

Chemult, OR

Price/Room: $115,000

Cap Rate: 5.49%

Listing Price: $2,300,000

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Self-Storage

Oregon City Secure Storage

Oregon City, OR

Year Built: 1997

Listing Price: Request For Offer

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Apartments

The Savona

Portland, OR

Number of Units: 24

Cap Rate: 5.12%

Listing Price: $4,550,000

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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.

mm retail

Special Report

Retail National Report

4Q 2024

Employment

Research Brief

Employment

October 2024

Research Video

Will Black Swan Events Derail The Fed & CRE Outlook?

October 7, 2024

Research Video

Will Multifamily Development Overwhelm the Market?

October 7, 2024

Storm

Special Report

Natural Disasters and Insurance Risk

October 2024

Research Video

Investors’ Top Question About Interest Rates

September 30, 2024

Housing

Research Brief

Housing

September 2024

mm multifamily

Special Report

Multifamily National Report

3Q 2024

Seniors Housing

Special Report

Senior Housing National Report

2H 2024

Medical

Special Report

Skilled Nursing National Report

2H 2024

Research Video

The Forces Reshaping the Industrial Investment Climate

September 23, 2024

Research Video

The Positive Forces Shaping the Horizon Perspective

September 23, 2024

mm federal reserve

Special Report

Financial Markets & Consumer Spending

September 2024

Research Video

Capitalizing On The Fed’s Next Move

September 16, 2024

US Money

Research Brief

Inflation

September 2024

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RECENT NEWS & EVENTS

The Latest News Impacting Your Investment

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

The Lodging Conference
Industry Events

The Lodging Conference

JW Marriott Desert Ridge, Phoenix, AZ
October 7 – October 10, 2024
Pacific Northwest Multifamily Forum
Marcus & Millichap Events

Pacific Northwest Multifamily Forum

Sheraton Grand Seattle, Seattle, WA
October 8, 2024
NAIOP CRE.Converge
Industry Events

NAIOP CRE.Converge

Caesars Palace, Las Vegas, Nevada
October 8 – October 10, 2024
GlobeSt. Multifamily Fall
Industry Events

GlobeSt. Multifamily Fall

JW Marriott Los Angeles L.A. Live, Los Angeles, CA
October 14, 2024
2024 WMA Convention & Expo
Industry Events

2024 WMA Convention & Expo

The M Resort Spa Casino, Henderson, NV
October 14 – October 17, 2024
Sterling Square Apts

Press Releases

Marcus & Millichap Arranges The Sale Of A 12-Unit Apartment Building in Washington

Marcus & Millichap announced today the sale of Sterling Square Apartments, a 12-unit apartment property located in Elma, Washington.

September 25, 2024

CNBC Features Hessam Nadji

Video

CNBC Features Marcus & Millichap CEO Hessam Nadji

Fed Rate Cut Influencing CRE Investment Climate

September 24, 2024

Bloomberg Features Hessam Nadji

Video

Bloomberg Features Marcus & Millichap CEO Hessam Nadji

Digging Below The Surface Of Real Estate Distress

September 25, 2024

Restaurant Finance & Development Conference
Industry Events

Restaurant Finance & Development Conference

Fontainebleau, Las Vegas, NV
November 11 – November 13, 2024
De Luxe Apartments

Press Releases

Marcus & Millichap Arranges The Sale Of A 15-Unit Apartment Building in Seattle

Marcus & Millichap announced today the sale of De Luxe Apartments, a 15-unit apartment property located in Seattle, Washington.

August 30, 2024

Woodland Park

Press Releases

Marcus & Millichap Arranges The Sale Of A 7-Unit Apartment Building in Seattle

Marcus & Millichap announced today the sale of 4411 Woodland Park Ave N, a 7-unit apartment property located in Seattle, Washington.

August 30, 2024

Commercial Property Executive 2022

Media

Investors Seeking Office Bargains Are Finding Them

CBD values have fallen 52 percent from their high, according to MSCI.

August 23, 2024

Arts Industrial Park

Press Releases

Marcus & Millichap Arranges The Sale Of A 63,500 Square Foot Industrial Park in Washington

Marcus & Millichap announced today the sale of Arts Industrial Park, a 63,500-square foot industrial property located in Olympia, Washington

August 08, 2024

Retail Property in Washington

Press Releases

Marcus & Millichap Arranges The Sale Of A 34,923-Square Foot Retail Property in Washington

Marcus & Millichap announced today the sale of 192nd Plaza 34,923-square foot retail property located in Camas, Washington

August 02, 2024

Bridgeport Oaks Retail

Press Releases

Marcus & Millichap Arranges The Sale Of A 8,903-Square Foot Retail Property in Washington

Marcus & Millichap announced today the sale of Bridgeport Oaks Retail Center, a 8,903-square-foot retail property located in Lakewood, Washington.

August 01, 2024

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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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