Leasing

407 Articles

Dorsey & Whitney Signs 46,000 SQFT Lease at Seattle’s Tower 1201 as Downtown Posts First Positive Absorption Since 2021

Dorsey & Whitney, the Minneapolis-founded law firm with a Seattle office at Columbia Center, signed a 46,000-square-foot new lease at the 55-story Tower...

Eastside and Northend Industrial Absorption Swings 780,000 SQFT to Positive as Vacancy Falls to 7.5%

While the rest of the Puget Sound industrial market loses tenants, the Eastside and Northend posted one of their strongest years in recent...

Seattle Suburban Office Rents Slip 2.6% to $34.80 as Leasing Jumps 74% and Renton Draws 407,000 SQFT of Deals

Seattle's suburban office landlords are trading rent for occupancy, cutting average asking rates to $34.80 per square foot, roughly $12 below downtown, as...

Downtown Seattle’s Q3 Office Absorption Ranges From Plus 300,000 SQFT to Minus 116,000 SQFT Depending on the Broker

CBRE says Downtown Seattle's office market absorbed 300,000 square feet in the third quarter, its first positive quarter since 2021, while Cushman &...

Undisclosed Tenant Leases 86,000 SQFT from Ares Management on SW Cimino Street in Tualatin

An unnamed occupier took 86,481 square feet at 12220-12370 SW Cimino St in July, the third-largest Portland industrial lease of the quarter and...

New Supply, Not Lost Tenants, Drove Puget Sound Industrial Vacancy to 12% as Pipeline Shrinks 74%

The Puget Sound's industrial vacancy rate nearly tripled from 4.3 percent to 12.0 percent over roughly four years, but CBRE's latest numbers show...

Three Puget Sound Industrial Districts Top 25% Vacancy as Spec Warehouses Sit Empty

CBRE's third-quarter 2026 district data shows Tacoma West, Federal Way and North Snohomish County each carrying industrial vacancy more than double the regional...

Onni Group Opens Leasing for 800,000 SQFT of Office Space at Three-Tower Onni Bellevue Development

Onni Group has opened office leasing at Onni Bellevue, its three-tower, roughly 600-foot mixed-use project rising on the former Barnes & Noble block...

Clark County Absorbs 648,000 SQFT as Portland’s Industrial Market Sheds 1.5MM SQFT

Larger occupiers and owner-users are pulling industrial demand north across the Columbia River, making Clark County the clear leader in Portland-area absorption in...

Port Terminal Operator Carrix Takes Four Floors for New HQ at Urban Visions’ Long-Vacant 146,000 SQFT The Jack in Seattle’s Pioneer Square

Carrix, the Seattle-based parent of port terminal operator SSA Marine, is moving its headquarters into four floors of The Jack at 74 S....

West8’s Move-Ins Lag Its Leasing as Kilroy’s Seattle Tower Hits 58% Leased but 37% Occupied

Kilroy Realty's West8 tower in Seattle's Denny Triangle is now 58.4 percent leased but only 36.7 percent occupied, leaving roughly 116,000 square feet...

Blue Origin Leases Full 266,000 SQFT Prologis Park SeaTac 3 in Des Moines, Filling Prologis’ Des Moines Creek Portfolio

The deal removes about 266,000 square feet of large-format space from the market as speculative construction slows and leasing in the region rises...