Commercial
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...
Steinhauer Properties Refinances 209,000 SQFT Office and 282-Room Hotel for $107MM in Seattle
Steinhauer Properties refinances its 255 South King Street office and Embassy Suites hotel complex in Seattle for $107 million.
Amazon Bankrolls $150,000 Free Electric Shuttle Linking Light Rail to Downtown Bellevue
Visit Bellevue has launched a free, Amazon-funded electric shuttle from the Downtown light rail station, betting that solving the last-mile gap will keep...
Kitsap PUD Sends Public Power Measure to November Ballot, Testing Puget Sound Energy’s Grip on 130,000 Customers
The Kitsap Public Utility District’s board has voted to let county voters decide whether the public agency should have the authority to enter...
Savills Completes $1.11B Eastdil Secured Acquisition, Bolstering Seattle Capital Markets Presence
Savills Plc has completed its roughly $1.11 billion acquisition of Eastdil Secured, uniting one of the world’s leading real estate advisors with a...
