Industry News

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Aircall Lands 15,000 SQFT Lease at Lincoln Square in Downtown Bellevue

Cloud-communications company Aircall has secured 15,345 square feet at Kemper Development's Lincoln Square, scaling up its young Seattle-area presence inside the Westin tower...

AI Cloud Provider Lambda Takes 18,000 SQFT Sublease at City Center Bellevue as AI Demand Powers Eastside Recovery

An artificial-intelligence cloud company has planted a flag in downtown Bellevue's costliest office tower, taking an 18,244-square-foot sublease at City Center Bellevue in...

72-Unit, 1989-Vintage Multifamily Complex at 15805 40th Place South Comes to Market in Tukwila

A 1989-vintage, six-building apartment complex in Tukwila has come to market without a disclosed asking price, offering a renovation-focused buyer 72 units of...

Downtown Bellevue’s Big Blocks Are Vanishing: Full-Floor Options Drop to 124 in Q2 2026, Down 51 From Peak

Downtown Bellevue's supply of full-floor and large-block office space is thinning fast, with 24 floors stripped from the market in a single quarter...

520 Corridor Office Market Treads Water in Q2 2026 With Vacancy Near 17%

The 520 Corridor office submarket largely marked time in the second quarter of 2026, with vacancy near 17 percent and absorption slipping slightly...

I-90 Corridor Office Vacancy Holds Above 40% in Q2 2026, the Eastside’s Most Distressed Submarket

The I-90 Corridor remained the Eastside's most distressed office submarket in the second quarter of 2026, with more than 40 percent of its...

LACERA Affiliate Sells 106,800 SQFT Safeway-Anchored Evergreen Village in Bellevue for $61.4MM

First Washington Realty paid $61.4 million for the Safeway-anchored Evergreen Village at 1645 140th Avenue NE in Bellevue, expanding the Bethesda-based investor's Pacific...

Olive Branch Bakery Leads First Wave of Retail at Woodinville’s 164-Room Somm Hotel

Nearly ten months after the upscale Somm Hotel and Spa opened its doors in Woodinville, the wine-themed property is finally activating its ground-floor...

Puyallup-Based Investor Group Pays $14.5MM for 155-Room La Quinta Inn & Suites Tacoma

A consortium of South Puget Sound–based hotel investors has acquired the 155-room La Quinta Inn & Suites by Wyndham Tacoma – Seattle for...

New York Clears First-in-Nation Data Center Moratorium, and the West Coast Is Watching

New York lawmakers have approved a one-year freeze on state permits for large data centers, the first statewide moratorium in the country and...

Issaquah Council Sends $18MM Park Bond to November Ballot to Unlock $24MM in Fields, Trails and Recreation Projects

Issaquah voters will decide this fall whether to renew an expiring park bond and commit up to $18 million toward a two-decade slate...

42-Unit Timberwood Value-Add Apartments in Lakewood Hit the Market at $8.15MM

A partially renovated, 42-unit apartment community in Lakewood has come to market at a price that hands the next owner a half-finished renovation...