Industry News
Edmonds-Based Investor Buys 66,017 SQFT Warehouse in Monroe for $15.7MM
An Edmonds-based private investment entity has paid $15.7 million for a 66,017-square-foot industrial warehouse in Monroe, acquiring a 2001-vintage Snohomish County building occupied...
Tata Lands 41,429 SQFT Lease at Redmond’s RidgePointe Corporate Center, Largest Eastside Office Deal Outside Bellevue in Q2 2026
Tata has committed to 41,429 square feet at Redmond's RidgePointe Corporate Center, a new lease that ranks as the largest Eastside office transaction...
Eastside Office Construction Goes Dark in 2026 After 4.9MM-SQFT Wave, With 14.7MM SQFT Waiting in the Wings
The Eastside office market will not deliver a single new building in 2026, a deliberate pause that hands landlords a rare window to...
Redmond Office Market Mounts Recovery in Early 2026 as Vacancy Drops to 14.2% on Tata, AI Leasing
The Redmond office submarket strung together two consecutive quarters of positive absorption to open 2026, pulling vacancy down to 14.2 percent and establishing...
Emerald Learning Center Leases Full 31,057 SQFT Alderwood Building in Bellevue’s Suburban Submarket
Special-education provider Emerald Learning Center has leased 31,057 square feet at the Alderwood Building in Bellevue, a full-building commitment that stands out as...
Downtown Bellevue Roars Back in Q2 2026 With 366,000 SQFT Absorption Surge Led by Uber and AI Tenants
Downtown Bellevue posted the strongest quarterly absorption of any Eastside submarket in the second quarter of 2026, clawing back 366,168 square feet as...
Eastside Office Market Turns a Corner in Q2 2026 as Absorption Goes Positive, But 21% Vacancy Lingers
The Eastside office market recorded its first meaningful positive absorption in more than a year during the second quarter of 2026, absorbing nearly...
Kimco Realty Lists 106,500 SQFT Jantzen Beach Home Depot in Portland for $41MM at 5.35% Cap
Kimco Realty has put its single-tenant Home Depot on Hayden Island up for sale at a sub-market cap rate, testing investor appetite for...
Labor Force Participation Sinks to 61.5%, a 50-Year Low as Prime-Age Workers Exit
A sweeping retreat from the U.S. workforce pushed labor force participation to its lowest level in half a century outside the pandemic, with...
Harvard’s 2026 Housing Report Signals a Demand-Side Reckoning as Household Growth Slows and Sales Freeze at 30-Year Lows
Harvard's Joint Center for Housing Studies warns that the housing market's central problem is shifting from a supply-and-price shock to a broad weakening...
OpenAI, Uber Anchor 3.4MM SQFT Leasing Surge as Puget Sound Office Market Turns Corner in 2026
A wave of long-term commitments from artificial intelligence, software and professional-services tenants pushed Puget Sound office leasing up 62 percent in the first...
Anthropic Signs 113,000 SQFT Lease at Dexter Yard North in Seattle’s South Lake Union
Valued near $1 trillion and backed by $25 billion from the company next door, Anthropic chose South Lake Union over Bellevue for one...
