Industry News
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...
Vanbarton Puts Full-Block Belltown Garage at 2600 Elliott in Seattle on the Market as HOP Upzone Opens Door to 245-Foot Tower
Vanbarton Group has listed the full-block parking garage it owns at 2600 Elliott Ave. in Belltown, betting that a newly approved Seattle height...
Banner Bank Secures 19,000 SQFT Lease at Symetra Center in Downtown Bellevue
Pacific Northwest regional lender Banner Bank has committed to 19,085 square feet at Sterling Realty Organization's renovated Symetra Center, adding a marquee financial-services...
Ares Management Expands to 20,000 SQFT at Bellevue Place as Downtown Bellevue Office Market Rebounds
Global alternative-investment manager Ares Management has grown its downtown Bellevue footprint to 19,878 square feet at Kemper Development Company's Bellevue Place, an expansion...
Mercer Island Office Vacancy Plunges to 2.9% in Q2 2026, Tightest Market on the Eastside
Mercer Island, the smallest office submarket on the Eastside, tightened to a 2.9 percent vacancy rate in the second quarter of 2026, leaving...
Bothell Office Market Stabilizes in Q2 2026 With Positive Absorption as Vacancy Eases to 20.4%
Bothell, the most affordable office submarket on the Eastside, swung to positive absorption in the second quarter of 2026, trimming its stubbornly high...
