Commercial
Brookfield Lands $210MM Refinancing on Meta-Leased Bellevue Offices as KBRA Values 543,000 SQFT Complex 33% Below Appraisal
Brookfield Premier Real Estate Partners is refinancing two Spring District office buildings fully leased to Meta with $210 million in new CMBS debt,...
Ardent Companies Acquires Loan on Steinhauer’s Pioneer Square Tower-and-Hotel Complex in $107MM Seattle Recapitalization
County records show that Atlanta-based The Ardent Companies has taken over the mortgage tied to Seattle's 255 South King Street complex, home to...
Brookfield Clinches Record $77B Quarter, Pushing Assets Past $1 Trillion
Brookfield Asset Management pulled in a company-record $77 billion during the second quarter of 2026, lifting its assets under management past $1 trillion...
Recorded Memo Reveals Anthropic’s 113,000 SQFT Dexter Yard Lease in Seattle Runs 11 Years With Option to Buy
A memorandum of lease recorded with King County lays bare the long-term structure of Anthropic's Dexter Yard commitment, showing a 133-month term, two...
Hudson Pacific Rides Seattle Leasing Momentum as Downtown Vacancy Drops for First Time in Six Years
Hudson Pacific Properties said its Seattle portfolio now carries more deals in negotiation than any other market it owns, as fresh leases from...
Microsoft Stretches Data Center, Office Building Depreciation to 25 Years, Reshaping $175B CapEx Plan
The software giant told analysts on its fiscal fourth-quarter earnings call that lengthening the accounting life of its global data centers and offices...
80 Acres Farms Shutters 137,000 SQFT Marysville Vertical Farm Landlord Had Been Marketing Since March
The abrupt shutdown of 80 Acres Farms leaves a Bellevue landlord holding a $30.6 million single-tenant industrial building in the Cascade Industrial Center...
Solar Developer Cancels Washington State Project on Sacred Indigenous Land
by B. “Toastie” Oaster, High Country NewsCo-published with High Country News This story was originally published by ProPublica. A renewable energy developer has pulled its controversial...
Kirkland’s Houghton Village Site Comes to Market for 145-Unit Mixed-Use Redevelopment
The City of Kirkland has hired CBRE to market its long-vacant Houghton Village property, a 2.2-acre Eastside parcel the city bought in 2022...
Kilroy’s Seattle and Bellevue Portfolio Tightens as Westgate Lands 150,000 SQFT in New Leases
The real estate investment trust reported intensifying competition for scarce high-quality space in Bellevue and a sharp pickup in leasing across its South...
Premier Workspaces Signs 11-Year Lease for 16,000 SQFT Flexible Office Center at Bellevue’s Timber Springs
Premier Workspaces has opened a 16,296-square-foot flexible office center at Bellevue's Timber Springs campus under an 11-year lease with American Assets Trust, deepening...
Alexandria Names Seattle Among Top Markets for Advanced Technology Demand as Lab Pipeline Shrinks 20%
Alexandria Real Estate Equities singled out Seattle as one of three markets where advanced technology tenants are absorbing buildings the REIT once planned...
