Leasing
Formation Report Finds Seattle Added Just 16 Mid-Sized Tech Firms as Rivals Added Dozens
Formation's assessment of Seattle's economy shows the city added only 16 mid-sized technology firms between 2017 and 2023 while San Francisco added 104,...
Shake Shack, Boot Barn Sign Leases at The Hub @ Everett as Brixton Reaffirms Topgolf
Brixton Capital has signed Shake Shack and Boot Barn to anchor spots at The Hub @ Everett, pairing the leasing news with a...
369-Unit Modera Bridle Trails Opens in Kirkland on Former TechCity Bowl Site
A Kirkland bowling alley that entertained Eastside families for nearly seven decades has given way to a 369-unit apartment community now welcoming its...
Seattle-Area AI Adoption Climbs Toward 28% as Puget Sound Office Vacancy Holds Near 28%
New federal survey data show businesses across the Seattle metro adopting artificial intelligence faster than the national average, handing the region's battered office...
Wilson Sonsini Plans $5.8MM Build-Out at U.S. Bank Center in Seattle
A city permit shows Wilson Sonsini's $5.8MM build-out on two floors of Seattle's nearly half-vacant U.S. Bank Center.
Hexagon Energy, Weyerhaeuser Strike Deal for 3 GW of Geothermal Potential Across 145,000 Acres
Hexagon Energy leases geothermal rights on 145,000 acres of Weyerhaeuser timberland in Oregon and Washington, targeting 3 GW of clean power.
Formation Report Pinpoints Seattle-Bellevue Tax Gap as Prime Driver of Eastside Office Migration
Formation's assessment of Seattle's economy models a per-engineer tax gap of $10,000 to $30,000 a year between Seattle and neighboring Bellevue, offering a...
Formation Report Warns Seattle’s Office Vacancy and Tax Base Are Locked in a Downward Spiral
A new independent assessment of Seattle's economy finds the city's record office vacancy and its reliance on a handful of tech employers for...
Hudson Pacific Extends $1.1B Hollywood Loan as Seattle Leasing Momentum Offsets Studio-Market Strain
Even as Hudson Pacific Properties rides a Seattle leasing surge that has downtown vacancy falling for the first time in six years, the...
Seattle Life Science Stays Tightest of West Coast Hubs as New Construction Halts
Seattle's life science market entered the second half of 2026 with the lowest vacancy of any major West Coast hub and no space...
J.O. Borgen Plaza Trades for $8.2MM in North Bend as New Anchor Prepares to Fill Former Bartell Drugs
Northmarq sells J.O. Borgen Plaza in North Bend for $8.2MM as a new anchor prepares to fill the shuttered Bartell Drugs space.
Hudson Pacific Bets on Seattle Leasing to Fill 546,000 SQFT Tower as Dividend Stays Suspended
The West Coast office landlord has withheld its common dividend since September 2024, and its push to lease a half-million-square-foot Denny Triangle tower...
