Commercial
Felton and Kucha Launch Felton Stern Capital Partners to Pursue Discounted Office and Flex Assets
The Lake Oswego-based platform debuts with three institutional properties and a contrarian mandate to acquire top-decile commercial real estate at reset valuations. Two...
PMF Investments Sells 35,000 SQFT Homeport Building and 118-Slip Marina Site in Kirkland for $46MM
The trophy Lake Washington waterfront asset cleared a complex disposition shaped by mixed product types, a below-market anchor lease and deferred maintenance —...
Bellevue Reopens Its Downtown Playbook as Eastside Office Market Pulls Tenants From Seattle
City Council initiates Downtown Livability 2.0, a rewrite of the 2017 land use code aimed at the next wave of high-rise development across...
Equinix Rides AI Inference Wave to Record Q1 Sales as West Coast Capacity Tightens
The Redwood City data center giant booked its largest sales quarter ever as agentic AI workloads push enterprises off the public cloud and...
Perkins&Will, Mortenson Tapped for Six-Story Behavioral Health Building at Harborview’s Yesler Terrace Site
Seattle’s safety-net hospital pivots a once-stalled Kaiser Permanente parcel into the centerpiece of a $1.74 billion campus modernization, with construction targeted for 2027....
Kotek Signs $365MM Bond Bill for Moda Center, Pressures Portland Council on $400MM Share
Oregon’s governor wants the city’s funding commitment locked in by early summer to keep the Trail Blazers tied to the 31-year-old arena through...
Tigard Pushes $150MM Bond for Combined Police and Public Works Campus on Wall Street
The 100,000-SQFT consolidated facility on a 9.5-acre Wall Street parcel would replace a 1984 station and unify operations now scattered across nine sites,...
Blackstone Mortgage Trust Covers Dividend Third Straight Quarter as Platform Pivots Toward Data Centers and Net Lease
The $19.7 billion CRE lender posted a GAAP net loss but distributable earnings cleared the dividend hurdle, signaling that a portfolio reset built...
Bellevue to Consider Conditional Use Permit for 30,000 SQFT BASIS K-5 School in Lake Hills
City planning director recommends approval with conditions for the proposed school that would replace a church building at 15760 NE 4th Street and...
$220MM Data Center Plan Surfaces on 4.6-Acre Duwamish Site as Seattle Weighs Moratorium
An unnamed developer files plans for a four-story, up-to-320,000-SQFT facility on a former Carlyle cold-storage site, racing ahead of a potential City Hall...
Amazon Opens 1.75-Acre “Meadow” at Stalled Bellevue 600 Tower 2 Site, Doubling Down on Eastside Footprint
Tech giant transforms paused construction parcel into a public park as Tower 1 build-out continues toward 2027 completion Amazon has converted the dormant...
Seattle Holds Steady for BXP as Downtown Vacancy Climbs to 36.5%
The largest premier workplace REIT keeps its two-asset Seattle CBD portfolio at 80.7 percent occupied even as the broader downtown market posts the...
