Leasing

120 Articles

Google-Leased 520 Westlake Tower in Seattle’s South Lake Union Hits Market

The 372,672-square-foot trophy building, delivered in 2022 and fully leased to Google on a long-term basis, tests institutional appetite for Seattle’s strongest office...

PMB Files Plans for 377,442 SQFT Medical Office Building in Bellevue’s Wilburton

The San Diego-based healthcare developer’s design review application would replace the aging Red Lion hotel complex and a 1980s office building along 116th...

Out-of-Market Firms Drive 72% of Puget Sound AI Leasing as 2026 Tracks Record Year

California-headquartered AI companies now account for 62 percent of regional leasing activity, mirroring the 2010s tech migration that reshaped Seattle and the Eastside....

Seattle Posts Highest Vacancy Increase Among Tech Gateways Even as Bellevue Anchors AI Leasing Recovery

CBRE’s 2026 Tech Gateway Office Markets report shows Seattle’s downtown and Eastside drawing top-five U.S. AI tenant demand while overall vacancy climbs 500...

Class A+ Office Occupancy Nears 2025 Peak as Kastle Barometer Climbs to 78.6 Percent

Trophy buildings push toward full reoccupation while the broader Kastle index logs its strongest peak day since early March, signaling a widening gap...

Macerich Lifts 2028 FFO Target to $2.00 as Path Forward Plan Hits Inflection Point

Santa Monica-based REIT raises its NOI ceiling and reports $1.3 billion in completed dispositions as record leasing momentum reshapes its Class A mall...

Ben & Jerry’s Signs 1,250 SQFT Lease at Seattle’s Historic Pier 54 Along Revitalized Waterfront

Seattle, Wash. (May 29, 2026) – Ben & Jerry’s has signed a lease for 1,252 square feet at Pier 54, located at 1001...

Amazon Clears 3.3MM SQFT From South Sound as Vacancy Climbs Toward 10%

One tenant is propping up first-half absorption while the rest of the Puget Sound industrial market waits out a costly, oversupplied cycle. Amazon...

CoreWeave Incerases Downtown Bellevue Footprint to 36,000 SQFT, Extending the Eastside’s AI Boom

The Nvidia-backed cloud company expands at One Bellevue Center barely a year after planting its first Pacific Northwest flag, joining a wave of...

Puget Sound Office Market Notches First Positive Absorption in Four Years, Even as Layoffs Mount

Vacancy and availability declined simultaneously for the first time in the recovery cycle, but surging tech-sector cuts and a weakening labor market threaten...

Sana’a Cafe Lands in Tacoma as Yemeni Coffee Chains Take Aim at Starbucks’ Home Turf

The Hayward, Calif.-based chain’s South Tacoma store is its only Pacific Northwest outpost — for now. With Haraz lining up Capitol Hill, Qamaria...

Terex to Vacate 190,000 SQFT North Bend Plant, Lay Off 117 as Genie Exit Looms

An equipment maker’s consolidation into Redmond and the Southeast frees up a major Snoqualmie Valley industrial complex even as a hot North Bend...

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