Industry News
Bellevue Approves Beam Reach’s 640,000 SQFT Kanon Office Project in Downtown Core
Two 15-story towers planned across a shared podium will add office, retail, and restaurant space in a phased development Downtown Bellevue continues to...
193-Unit College Pointe Apartments in Lacey Hits Market for First Time in 36 Years
Marcus & Millichap markets the original-ownership multifamily complex in one of Washington State’s tightest rental markets, where Thurston County vacancy has hovered near...
AMLI Plans 296-Unit Apartment Project with Retail at Spring District Block 15 in Bellevue
The eight-story development would add housing and ground-floor commercial space in Bellevue’s BelRed corridor as public review begins Bellevue’s ongoing shift toward higher-density...
Puget Sound Office Leasing Accelerates to 2.1MM SQFT in Q1 2026 as Availability Falls to Lowest Level Since Late 2024
Savills report finds technology and AI tenants driving demand across core submarkets, with Microsoft, OpenAI, and Puget Sound Energy among the quarter’s largest...
Puget Sound Energy Renews 239,000 SQFT Office Lease at Bellevue CBD Headquarters
Washington state’s oldest energy utility reaffirms its commitment to the Eastside’s premier office submarket with one of the quarter’s largest transactions. Puget Sound...
Expeditors International Renews 37,000 SQFT Office Sublease in Lake Forest Park
The Fortune 500 global logistics company maintains its presence at 19020 33rd Avenue W as sublease availability declines across the region. Expeditors International...
Community Health Plan of Washington Relocates to 33,000 SQFT Office at 1700 7th Avenue in Downtown Seattle
Washington state’s first nonprofit managed care plan moves to new downtown space as healthcare occupiers contribute to leasing diversification in Seattle CBD. Community...
Schnitzer West and The Baupost Group Secure $525MM Refinancing for 25-Story Office Tower The Artise in Bellevue
BELLEVUE, Wash., March 31, 2026 — Newmark announced the Company has arranged the $525 million refinancing of The Artise, a recently delivered, Class...
Morrison Foerster Leases 37,000 SQFT at Seattle’s Fourth & Madison Tower for First Pacific Northwest Office
The global law firm’s entry into Seattle, fueled by a 15-partner team from Perkins Coie, adds to growing legal sector demand in the...
New-to-Market Tenants Drive 85% of New Eastside Office Demand as 45 Active Requirements Top 1.69MM SQFT
Broderick Group’s Q1 2026 report reveals a structural shift in the Eastside tenant pipeline, with AI companies, professional services firms, and growth-stage enterprises...
DivCore Capital, ICONIQ, and Sentral Launch $2.5 Billion Multifamily Investment Platform Targeting Major U.S. Markets
SAN FRANCISCO-DivCore Capital today announced the launch of a new residential investment platform, Sentral Strategic Partners, alongside ICONIQ and Sentral that is designed...
Eastside Office Market Holds Steady at 21.9% Vacancy as Tenant Base Diversifies and Supply Tightens
Broderick Group’s Q1 2026 report finds the first signs of a vacancy peak across the 43-million-square-foot Eastside market, with AI companies, professional services...
