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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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Hospitality/Golf

Hampton Inn Eugene

Eugene, OR

Price/Room: $266,393

Cap Rate: 7.40%

Listing Price: $16,250,000

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Apartments

Ridgeline

Everett, WA

Number of Units: 24

Cap Rate: 5.97%

Listing Price: $4,000,000

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Apartments

Grant St Apartments

Kelso, WA

Number of Units: 5

Cap Rate: 6.90%

Listing Price: $710,000

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Land

Ramsey Apartments Development Site

Port Orchard, WA

Lot Size: 2.49 acres

Listing Price: $2,950,000

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Hospitality/Golf

Kennewick Inn & Suites Tri Cities

Kennewick, WA

Price/Room: $122,340

Cap Rate: 9.40%

Listing Price: $5,750,000

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Retail

16721 SE Division St

Portland, OR

Price/Gross SF: $31.30

Listing Price: $1,500,000

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Net Lease

El Torito Supermarket | 3% Annual Increases | Largest Mexican Supermarket in Oregon

Klamath Falls, OR

Years Remaining On Lease: 7.2

Cap Rate: 6.75%

Listing Price: $4,395,000

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Apartments

Coast Pine Apartments

Vancouver, WA

Number of Units: 18

Cap Rate: 5.54%

Listing Price: $3,750,000

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Net Lease

Walgreens w/ Rental Increases - High Performing Location

Gladstone, OR

Years Remaining On Lease: 13.5

Cap Rate: 6.25%

Listing Price: $5,453,760

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Apartments

N Fessenden St Apartments

Portland, OR

Number of Units: 9

Cap Rate: 5.89%

Listing Price: $975,000

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Net Lease

NAPA Auto Parts | New 10 Year Lease | Top 25% Ranked Store

Junction City, OR

Years Remaining On Lease: 10.0

Cap Rate: 6.25%

Listing Price: $1,077,000

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Apartments

Oxford Apartments

Salem, OR

Number of Units: 10

Cap Rate: 4.91%

Listing Price: $1,750,000

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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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Retail

Dairy Queen

Vancouver, WA

Price/Gross SF: $212.35

Cap Rate: 4.17%

Listing Price: $3,700,000

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Retail

Marineland Plaza

Kennewick, WA

Price/Gross SF: $184.91

Cap Rate: 7.38%

Listing Price: $8,800,000

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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.

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

Employment

Research Brief

Employment

April 2025

Housing

Special Report

Washington Statewide Rent Control

May 2025

Research Video

Retail CRE Positioned to Withstand Potential Headwinds

May 5, 2025

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

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RECENT NEWS & EVENTS

The Latest News Impacting Your Investment

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

Default, Distress & Opportunity Webcast
Marcus & Millichap Events

Default, Distress & Opportunity Webcast

Live Webcast
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

Southern California Multifamily Forum
Marcus & Millichap Events

Southern California Multifamily Forum

Hilton Los Angeles Airport, Los Angeles, CA
June 3, 2025
Retail Trends 2025
Marcus & Millichap Events

Retail Trends 2025

Live Webcast
June 4, 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

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

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
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
ICSC@WESTERN
Industry Events

ICSC@WESTERN

Palm Springs Convention Center, Palm Springs, CA
September 28 – September 30, 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

CREW Network Convention
Industry Events

CREW Network Convention

Fairmont Hotel, Austin, TX
October 8 – October 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

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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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