Commercial real estate transaction monitor · updated 24 August 2026

Twenty-seven recent deals put Northern California ahead on activity, while Oregon leads disclosed value

A scan of 1,289 recent web results produced 27 distinct, signed or completed commercial real estate transactions reported from August 10–21 across Northern California, Washington, Oregon and Idaho. Northern California accounts for 17 deals; disclosed values total $1.295 billion, led by the $573 million Moda Center lease-and-renovation package.

distinct recent deals

$1.295B

disclosed transaction value

Northern California deals

regions represented

Northern California supplied nearly two-thirds of the deal count

deal count · reports dated Aug 10–21

Northern California

Washington

Oregon

Idaho

Disclosed value by region · $1.295B total

Northern California $384.3MWashington $155.7MOregon $754.5MIdaho undisclosed

What moved the market

Oregon’s value lead rests on one civic-scale package. The Moda Center lease and comprehensive renovation carries an estimated $573 million of public and private funding.

portland.gov

Advanced manufacturing drew both equity and debt. Breakthrough bought Everett’s 270,000-square-foot biomanufacturing campus for $78 million, while Forge North First secured $67.4 million in San Jose financing.

mynorthwest.com

Large office users still signed space. General Motors took nearly 340,000 square feet in Palo Alto, and CANOPY leased an entire 40,000-square-foot Presidio building.

hoodline.com

Multifamily remained liquid. Alta Potrero changed hands for $132 million, with additional apartment trades in Lynnwood, Seattle, Mountain View and Sacramento.

therealdeal.com

Largest disclosed transactions

Largest package

Moda Center

$573M

Portland lease and arena renovation package combining public and private funding. Reported August 12.

Largest financing

Ritz-Carlton Portland

$141M

C-PACE recapitalization covering the hotel, condominiums and office space in the mixed-use tower.

Largest property sale

Alta Potrero

$132M

Stockbridge Capital Group acquired the 172-unit San Francisco apartment property.

Latest transaction feed

Reported	Region	Category	Property / place	Asset	Value	Size	Deal summary
Aug 21	N. California	Acquisition	1402 Monterey Rd., San Jose	Education	$12.0M	3.4 acres	Peter Pau-controlled nonprofit affiliate acquired a ground lease from San Jose Unified.
Aug 21	N. California	Financing	Former Fry’s, Fremont	Industrial	$53.2M	—	BridgeInvest loan to Sterling Organization for industrial repositioning.
Aug 21	N. California	Lease	621 Capitol Mall	Retail / office	—	Ground floor	Baker’s Brew Cafe leasing agreement in the Sacramento office tower.
Aug 18	Washington	Acquisition	Lynnwood apartments	Multifamily	$34.0M	—	Sea 2 Sky Partners acquired the apartment complex.
Aug 18	Washington	Sale	Vitality on Howell	Multifamily	—	5 stories	Seattle apartment building sold; counterparties and price were not disclosed.
Aug 17	N. California	Acquisition	555 Hamilton Ave.	Office	$15.8M	12,900 sf	Menlo Equities affiliate bought the Palo Alto building from a Premia Capital affiliate.
Aug 17	N. California	Lease	Building 102, Presidio	Office	—	40,000 sf	CANOPY leased the full building from the Presidio Trust.
Aug 17	Idaho	Lease	2635 Kimberly Rd., Twin Falls	Industrial	—	1,100 sf	Legacy Wealth Partners leased space through Colliers Paragon.
Aug 17	N. California	Lease	Former VMware HQ	Office	—	~340,000 sf	General Motors leased space in Palo Alto’s Stanford Research Park.
Aug 15	N. California	Sale	491 Post St.	Church	$12.0M	—	Epic Church bought the San Francisco building from Academy of Art.
Aug 15	N. California	Lease	American Steel Blocks	Industrial	—	40,000 sf	Tesla leased Oakland manufacturing space.
Aug 15	N. California	Acquisition	Alta Potrero	Multifamily	$132.0M	172 units	Stockbridge Capital Group acquired the San Francisco apartment property.
Aug 14	Washington	Acquisition + lease	215 Shuksan Way	Biomanufacturing	$78.0M	270,000 sf	Breakthrough acquired the Everett campus and secured a 21-year full-campus lease.
Aug 14	N. California	Financing	Forge North First	Industrial / R&D	$67.4M	205,800 + 239,000 sf	CBRE arranged debt for Four Corners Properties and an institutional investor.
Aug 14	Oregon	Refinancing	The Payton	Multifamily	$40.5M	162 units	Prime Finance refinanced ColRich’s Portland property.
Aug 14	N. California	Sale	Hotel Trio Healdsburg	Hotel	$38.0M	122 rooms	Largest disclosed Sonoma County hotel sale in the source’s first-half review.
Aug 14	N. California	Foreclosure	Lodge at Tiburon	Hotel	$27.6M	102 rooms	KSL Capital Partners took the hotel through foreclosure in March.
Aug 13	Washington	Financing	1 Fremont	Multifamily	$32.7M	105 units	Senior construction loan to Cohen Properties for a Seattle development.
Aug 13	N. California	Sale	Peet’s, 1901 Webster	Retail	$5.0M	3,000 sf	Single-tenant net-leased Alameda property sold to a corporate trust.
Aug 12	Oregon	Lease + renovation	Moda Center	Arena	$573.0M	—	Lease and comprehensive renovation package with combined public and private funding.
Aug 12	Oregon	Financing	Ritz-Carlton Portland	Mixed-use	$141.0M	251 keys + 131 condos	Peachtree Group provided a C-PACE recapitalization.
Aug 12	N. California	Acquisition	Alamo Park Apartments	Multifamily	$12.1M	33 units	FallenLeaf Enterprises acquired the Mountain View property from Romax Maubert.
Aug 12	Washington	Sale	John Winthrop Apartments	Multifamily	$11.0M	79 units	Nordic Partners Investments purchased the Seattle building in March.
Aug 11	N. California	Sale	Colony House	Multifamily	$5.6M	34 units	Sacramento sale formed the first leg of a 1031 exchange.
Aug 11	N. California	Lease	1960 Mandela Pkwy.	Manufacturing	—	100,000 sf	Project Prometheus leased an Oakland robotics facility.
Aug 10	N. California	Purchase	Knox-Goodrich building	Commercial	$3.6M	11,200 sf	City of San Jose purchased the historic building from an Urban Catalyst affiliate.
Aug 10	Oregon	Lease	Lincoln Place	Office / studio	—	25,289 sf	Perry Ellis International signed a long-term Portland lease with Schnitzer Properties.

Method: 1,289 unique recent search results were scanned across transaction publications, local news, brokerage updates and public documents on 24 August 2026. The feed includes 27 distinct signed, closed, secured or clearly announced 2026 transactions reported August 10–21; listings, open bids, historical deals and duplicate coverage were excluded. “Disclosed value” sums stated sale, financing and package values and is not a pure sales-volume measure; lease values without stated consideration are blank.