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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

The Avalon

Bellingham, WA

Number of Units: 16

Cap Rate: 6.71%

Listing Price: $2,250,000

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Net Lease

Dairy Queen

Salem, OR

Years Remaining On Lease: 10.7

Cap Rate: 5.82%

Listing Price: $1,665,000

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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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Net Lease

Wilde Automotive

Spokane, WA

Years Remaining On Lease: 10.2

Cap Rate: 6.50%

Listing Price: $1,600,000

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Retail

Main Street Retail Center

Tigard, OR

Cap Rate: 6.35%

Listing Price: $1,100,000

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Net Lease

Pep Boys (Dark) | Owner/User Automotive Building w/ In Place Income | For Sale or Lease

Seattle, WA

Years Remaining On Lease: 1.5

Cap Rate: 4.51%

Listing Price: $2,750,000

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Net Lease

Denny’s | 20-Year Abs Net Sale-Leaseback | Top Ranked Location with Recent Full Remodel

Auburn, WA

Cap Rate: 5.85%

Listing Price: $3,230,000

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Net Lease

Denny’s | 20-Year Abs Net Sale-Leaseback | Adjacent to I-5 (167,000+ VPD)

Tacoma, WA

Cap Rate: 6.25%

Listing Price: $2,280,000

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Land

Sandy Blvd Land

Portland, OR

Lot Size: 2.68 acres

Listing Price: $1,850,000

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Self-Storage

Glacier West Chelan | Value-Add Boat Storage or Light Industrial Conversion | Low Price/SF

Chelan, WA

Year Built: 1927

Cap Rate: 9.08%

Listing Price: $2,930,000

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Manufactured Housing

Sunbanks Lake Resort

Electric City, WA

Price/Space: $20,213

Cap Rate: 9.80%

Listing Price: $4,750,000

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Apartments

Bremerton 6

Bremerton, WA

Number of Units: 6

Cap Rate: 5.97%

Listing Price: $1,250,000

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Apartments

Roosevelt Townhomes

Eugene, OR

Number of Units: 10

Cap Rate: 8.00%

Listing Price: $1,895,000

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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

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

Employment

Research Brief

Employment

June 2026

Research Video

Inflation vs. Summer Travel — Hospitality Outlook

June 5, 2026

Research Video

The Forces Driving Interest Rates

May 29, 2026

Research Video

The Forces Driving the Industrial Real Estate Outlook

May 22, 2026

Employment

Research Brief

Retail Sales

May 2026

GDP

Research Brief

Inflation

May 2026

Research Video

What Is Fueling Retail Investment Momentum?

May 15, 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.

CSSA Annual Self Storage Owners Summit
Industry Events

CSSA 21st Annual Self Storage Owners Summit

Balboa Bay Resort, Newport Beach, CA
July 16, 2026
12th Annual National Net Lease Summit
Industry Events

National Net Lease Summit

University Club of Chicago, Chicago, IL
July 24, 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

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

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

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

Hampton Inn & Suites and Home2 Suites

Press Releases

Marcus & Millichap Brokers $29.5 Million Sale and Arranges Financing for Two Hospitality Assets in the Willamette Valley

Marcus & Millichap announced today the sale and financing of two upper-midscale Hilton-branded hotels in Salem, Oregon.

June 16, 2026

Marcus & Millichap

Press Releases

Marcus & Millichap Launches Preferred Partner Program

New initiative expands access to trusted service providers that support commercial real estate investors throughout the ownership lifecycle.

June 04, 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
Michael Puline

Press Releases

Marcus & Millichap Appoints National Director of Retail Division

Marcus & Millichap announced today that commercial real estate executive Michael Puline has joined the firm as senior managing director and national director of its retail division.

May 14, 2026

2026 SSA Fall Conference & Trade Show
Industry Events

SSA Fall Conference & Trade Show

ARIA Resort & Casino, Las Vegas, NV
September 8 – September 11, 2026
2026 Western States CREF Conference
Industry Events

Western States CREF Conference

ARIA Resort & Casino, Las Vegas, NV
September 9 – September 11, 2026
ICSC@WESTERN 2026 | San Diego, CA
Industry Events

ICSC@WESTERN

San Diego Convention Center, San Diego, CA
September 14 – September 16, 2026

Keep Exploring

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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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