Commercial
Oregon Land Board Revives Resident Appeal Threatening Shorenstein’s 12.87-Acre Kruse Way Office-to-Housing Rezone in Lake Oswego
A single Lake Oswego resident's mail-routing dispute has kept alive a challenge to Shorenstein Properties' plan to convert three Kruse Way office buildings...
Carlyle Group Doubles Down on 320,000 SQFT Duwamish Data Center, Testing Seattle’s Fresh Moratorium
The Carlyle Group has nearly doubled the scale of its proposed data center at 3625 First Ave. S. in Seattle's Duwamish industrial corridor,...
CMBS Distress Rate Jumps to 11.86% in May as Office Pain Deepens and April Dip Evaporates
A one-month improvement in April proved fleeting as CRED iQ's combined CMBS distress rate snapped back to 11.86 percent in May 2026, with...
The Art of the Quiet Exit, A Hudson Pacific Story
Hudson Pacific's COO resigned with the usual boilerplate denial attached—but after a $572 million annual loss, a scrapped dividend and a stock down...
Seattle Ranks as Nation’s No. 3 AI Metro in Hubble Study as Tech Tenants Anchor Puget Sound Office Recovery
Hubble's new ranking of the most AI-ready U.S. metros names Seattle the country's third-strongest AI hub and the highest-scoring market outside the Bay...
Stadium Authority and Building Trades Appeal Seattle Plan That Would Permanently Ban Housing in SoDo’s Stadium District
The public agency that oversees T-Mobile Park has joined Seattle's construction unions to challenge a city subarea plan that would lock housing out...
Bellevue Drafts Plans to Convert Eastgate and Factoria’s Aging Office and Retail Cores into Walkable Mixed-Use Districts
Bellevue has published draft neighborhood area plans for Eastgate and Factoria that would steer two of the Eastside's most car-dependent commercial submarkets toward...
Databricks Signs 160,000 SQFT Lease at Four106 in Downtown Bellevue
Databricks' 160,000-square-foot commitment at Four106 joins Uber and Anthropic at the tower as the $134 billion AI company builds a Puget Sound footprint...
Under Armour Closes Flagship Portland Footwear Office, Consolidating Operations in Baltimore
Under Armour is shutting down its flagship Portland office and consolidating the bulk of its footwear innovation and design operations in Baltimore, retreating...
Colossus Data Center Advisors Files Plans for 45,600 SQFT Facility at Seattle’s Starbucks Center
A small advisory firm has filed plans to convert former retail space inside Seattle's Starbucks Center into a data center — a proposal...
Seattle’s Nitze-Stagen Abandons New Office Bets, Doubles Down on Multifamily as Downtown Vacancy Hits 35.1%
Nitze-Stagen & Co., the contrarian Seattle developer that built its name buying office property no one else wanted, has stopped chasing new office...
Receiver Pursues Refinancing Instead of Sale for Tacoma Armory as Tacoma Arts Live Winds Down Operations
Court-appointed receiver Shelly Crocker is pursuing a refinancing of the Tacoma Armory's nearly $5 million in debt rather than selling the historic 1908...
