Commercial

4403 Articles

Uber Explores Major Bellevue Expansion at Four106 Tower

Ride-hailing giant in talks for downtown tower space as expansion beyond Seattle headquarters amid tech firm migration to Eastside Uber Technologies Inc. is...

Databricks in Talks to Significantly Increase Bellevue Footprint with Four106 Tower Lease

AI analytics firm negotiating for bulk of downtown Bellevue’s newest office tower as company prepares for anticipated public offering Databricks Inc. is negotiating...

Seattle’s Vera Project Announces Ambitious $2.5MM Campaign and Expansion Plans for 25th Anniversary in Georgetown Neighborhood

Seattle nonprofit unveils three-pronged initiative including new Georgetown venue, weekly free concerts, and expanded programming to support all-ages music and art The Vera...

Felton Properties Acquires 435,000 SQFT Lynnwood Medical Office Building for $48.5MM

Six-story Class A asset changes hands as Westport Capital Partners continues Pacific Northwest divestment A Class A office building in Lynnwood has traded...

Seattle Seahawks to Hit the Market After Super Bowl LX

Paul Allen’s Estate to Sell NFL Franchise in What Could Be Record $7-8 Billion Deal The Seattle Seahawks will be put up for...

TriMet to Acquire Former Greyhound Terminal in Portland for $7MM with Plans for Bus Layover Facility

Portland transit agency scores deal on property that was once under contract for $35 million TriMet is moving forward with plans to purchase...

Blackstone Bets $50 Billion That Real Estate’s Long Winter Is Ending

The alternative asset giant delivered its best quarter ever, but its real estate portfolio—down 16 percent since the rate cycle began—is only now...

Port of Seattle Announces Completion of $546MM SEA Gateway Project at Seattle-Tacoma International Airport

New technology, a redesigned checkpoint, bag claim upgrades, and public art improve customer experience The Port of Seattle joined Alaska Airlines to celebrate...

Washington Legislature Advances Commercial-to-Residential Bills as State Confronts Housing Emergency

Three measures target zoning restrictions, operational barriers, and infrastructure costs to accelerate production of 55,000 homes annually Washington’s commercial real estate industry faces...

MetLife Acquires Downtown Seattle’s 365,700 SQFT Westlake Tower from Unico Properties for $83.6MM

Foreclosure sale marks 65% discount from 2019 purchase as vacancy climbs to 33% amid Seattle office market struggles MetLife Real Estate has purchased...

Exclusive Q&A: Lake Washington Partners Strengthens Leadership Team with Two Strategic Hires

Lake Washington Partners has appointed Jordan Schenk as Vice President of Portfolio Development and David Hilgers as Vice President of Real Estate Operations....

Consumer Confidence Plunges to Decade Low as Labor Market Anxieties Mount

Growing Job Market Concerns and Cost-of-Living Pressures Push Sentiment Below Pandemic-Era Levels American consumer confidence has fallen to its lowest point in a...

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