Leasing

415 Articles

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...

Norwegian Cruise Line Locks In Seattle Through 2035 in Lease Worth Up to $316MM

Port of Seattle commission's amended agreement ties extension options to decarbonization milestones, signaling how environmental performance is reshaping cruise tenancy in the Pacific...

Brokers Bet Seattle Apartments Are Next as San Francisco Rents Surge and Tech Returns

A May 2026 market recap argues the Bay Area's rent explosion and fresh tech leasing from Apple and Anthropic foreshadow a turn for...

Pacific Northwest Office Vacancy Eases to 16.79% as Tech Tenants Drive Q1 2026 Leasing Surge

OpenAI, Uber, Meta and General Motors anchored a quarter of large deals across Seattle and Bellevue as conversions thin the obsolete stock Leasing...

Seattle Lands Among Top Five Global AI Office Markets Despite Rising Vacancy

Tech tenants leased increasing volumes of Seattle office space in 2025 as AI demand pushed the metro into the top tier of global...

Amazon Lands as Tenant Behind 1.2MM SQFT Project Cascade Warehouse in Arlington

The e-commerce giant is set to occupy a Panattoni-developed operations facility straddling the Arlington-Marysville line, even as residents press officials over water and...