Menlo Equities bought Portland’s 15‑story former Union Bank tower on May 21, 2026, raising the possibility it could be repurposed as a data center amid downtown office weakness.

RAJ Sports is consolidating more than 200 employees into a Hillsboro headquarters at Evergreen Corporate Center, expanding its campus footprint next to the new performance center. The shift centralizes business operations near the Thorns and the WNBA Fire training hub.

A newly built 154,646‑sf Meadowlark Industrial Center in Cornelius traded for $30M, fully leased to Omega Morgan and brokered by Colliers.

Meadowlark Place is under construction across from Beaverton’s library, promising 104 affordable senior homes with on‑site services and a Head Start classroom.

Gov. Tina Kotek unveiled a $94 million package to build new senior homes, fund repairs and rehouse vulnerable older Oregonians. The rollout is set to begin in June.

Developers have started construction on a 250‑unit apartment at The VIC, converting the old Hewlett‑Packard campus into a mixed‑use neighborhood.

County and developer opened 275 affordable apartments at Milwaukie’s Hillside Park, including 21 supportive homes and a resilience hub to aid residents. This marks Phase 1 of a larger master plan.

Cambia has been identified as the tenant taking about 90,000 square feet at Terminal 1 on the Vancouver waterfront, a major win for the Port's redevelopment. The company already has a Vancouver office and a large Portland‑area workforce.

Developers requested a 52.7-acre lease at PDX for a roughly $130M industrial-and-office project; the Port of Portland will review the request this week.

Jackson Tower, the 1912 clock‑topped landmark by Pioneer Courthouse Square, has been listed for sale. The move spotlights downtown’s tricky office market and reuse options.

Hillsboro councilors are pressing for an emergency session after 17 data‑center enterprise‑zone applications arrived as state rules shift. A June 2 work session is set to review the filings and the city's approval process.

Guardian Real Estate Services and PCCP paid about $63.3M for 23‑story Ladd Tower — roughly 20% below its 2010 sale — and plan about $8M in upgrades.

The Oregon Community Foundation launched a $100M Building Hope Fund to back middle-income housing, aiming to finance about 10,000 homes and offer flexible loans to developers.