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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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Apartments

Powell Flats

Portland, OR

Number of Units: 10

Cap Rate: 3.70%

Listing Price: $1,350,000

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Retail

425 Westlake Ave

Seattle, WA

Listing Price: Request For Offer

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Apartments

Mount Tabor Villas

Portland, OR

Number of Units: 12

Cap Rate: 5.52%

Listing Price: $3,150,000

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Hospitality/Golf

Great House Motel

Sequim, WA

Price/Room: $60,000

Cap Rate: 14.25%

Listing Price: $1,200,000

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Manufactured Housing

Sunbanks Lake Resort

Electric City, WA

Price/Space: $25,957

Cap Rate: 9.48%

Listing Price: $6,100,000

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Land

Broadmoor Lots 1, 2, 4, and 5

Pasco, WA

Lot Size: 88.23 acres

Listing Price: $24,358,099

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Apartments

1833 C Street

Washougal, WA

Number of Units: 8

Cap Rate: 5.52%

Listing Price: $1,100,000

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Hospitality/Golf

Quality Inn & Suites Okanogan-Omak

Okanogan, WA

Price/Room: $21,795

Cap Rate: 1.00%

Listing Price: $1,700,000

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Hospitality/Golf

Alsi Resort

Waldport, OR

Price/Room: $56,471

Cap Rate: 10.50%

Listing Price: $4,800,000

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Apartments

Ivy Avenue

Tillamook, OR

Number of Units: 12

Cap Rate: 7.20%

Listing Price: $985,000

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Apartments

Meadowbrook

Lakewood, WA

Number of Units: 48

Cap Rate: 5.49%

Listing Price: $7,200,000

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Retail

Downtown Pullman Commercial Building

Pullman, WA

Listing Price: $760,000

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Net Lease

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

Klamath Falls, OR

Years Remaining On Lease: 7.5

Cap Rate: 6.50%

Listing Price: $4,565,000

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Apartments

815-827 N Lombard St

Portland, OR

Number of Units: 8

Cap Rate: 7.12%

Listing Price: $1,200,000

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Apartments

Bella Rose Townhouses

Centralia, WA

Number of Units: 9

Cap Rate: 5.69%

Listing Price: $3,100,000

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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.

Employment

Special Report

Los Angeles County Wildfires

January 2025

Employment

Research Brief

Employment

January 2025

Research Video

2025 Employment Outlook and Top Metros

January 13, 2025

Research Video

Surging Sentiment Could Favor CRE in 2025

January 6, 2025

Research Video

The Three Trends Shaping the CRE Outlook

December 16, 2024

Research Video

The Structural Shift That Could Transform Real Estate

December 9, 2024

Employment

Research Brief

Employment

December 2024

Research Video

Will Holiday Spending Impact Real Estate This Year?

December 2, 2024

Research Video

How New Immigration Policies Could Influence CRE

November 25, 2024

Research Video

How the Election is Already Impacting CRE

November 18, 2024

Research Video

The Forces Driving Retail and Industrial CRE

November 11, 2024

Government election

Special Report

Financial Markets & Election Update

November 2024

Employment

Research Brief

Employment

November 2024

Research Video

Has Commercial Real Estate Performance Turned the Corner?

November 4, 2024

mm retail

Market Report

Retail National Report

4Q 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.

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

2025 Economic & CRE Outlook Webcast
Marcus & Millichap Events

2025 Economic & CRE Outlook Webcast

Live Webcast
January 23, 2025
NMHC Annual Meeting
Industry Events

NMHC Annual Meeting

ARIA Resort & Casino, Las Vegas, NV
January 28 – January 30, 2025
The Americas Lodging Investment Summit
Industry Events

The Americas Lodging Investment Summit

JW Marriott/Ritz-Carlton Los Angeles L.A. LIVE, Los Angeles, CA
January 28 – January 30, 2025
MBA CREF 2025
Industry Events

MBA CREF 2025

Manchester Grand Hyatt, San Diego, CA
February 9 – February 12, 2025
InterFace Net Lease West
Industry Events

InterFace Net Lease West

Omni Los Angeles, Los Angeles, CA
February 18, 2025
NIC Spring Conference
Industry Events

NIC Spring Conference

Marriott Marquis San Diego Marina, San Diego, CA
March 5 – March 7, 2025
SSA Spring Conference & Trade Show
Industry Events

SSA Spring Conference & Trade Show

Rosen Shingle Creek, Orlando, FL
March 12 – March 14, 2025
Hunter Hotel Investment Conference
Industry Events

Hunter Hotel Investment Conference

Atlanta Marriott Marquis, Atlanta, GA
March 18 – March 20, 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

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

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

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

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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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