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520 Corridor

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Bellevue skyline with the marine in the forefront
CommercialFeaturedIndustry NewsLeasing

Eastside Office Vacancy Climbs to 22.4%, but 755,000 SQFT of Signed Bellevue Leases Wait in the Wings

Broderick Group's third-quarter data shows the Eastside shed 292,618 square feet of occupied office space and pushed vacancy to 22.4 percent, but a...

Office towers
CommercialFeaturedIndustry NewsLeasing

Eastside Office Asking Rents Jump 24% in Two Years Even as Vacancy Climbs to 22.4%

Average gross asking rents on the Eastside have climbed nearly 24 percent since the end of 2024 to $47.18 per square foot, even...

International Community Health Services, Low Income Housing Institute, Chinatown International District, Seattle, Puget Sound
CommercialFeaturedIndustry NewsLeasing

520 Corridor Office Market Treads Water in Q2 2026 With Vacancy Near 17%

The 520 Corridor office submarket largely marked time in the second quarter of 2026, with vacancy near 17 percent and absorption slipping slightly...

Worker in an office
CommercialFeaturedIndustry NewsLeasing

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...

Bellevue Washington Cityscape and Meydenbauer Bay Aerial View
CommercialFinanceIndustry News

Eastside Office Markets Diverge: Bellevue CBD Peaks While Suburbs Show Signs of Recovery

Broderick Group's Q3 2025 analysis reveals stark contrasts across regional submarkets as vacancy rates vary from 7 percent to 42 percent The Eastside...

Bellevue Washington Cityscape and Meydenbauer Bay Aerial View
CommercialFinanceIndustry News

Major Tech Players Drive Q2 Eastside Office Leasing Activity

OpenAI, ServiceNow, and Anduril lead significant lease transactions across Seattle's Eastside market The Seattle Eastside office market showed signs of renewed activity in...

microscope in a lab
Industry NewsLife Science

Cytek Biosciences Relocates to Eastside with 30,000 SQFT Lease at Corporate Campus East III in Bellevue

The life sciences company's move from Seattle highlights growing trend of R&D users gravitating toward Eastside markets for specialized space Life sciences technology...

Bellevue skyline with the marine in the forefront
CommercialFeaturedIndustry News

Eastside Office Market Shows Cautious Optimism Despite Persistent Vacancy Challenges

Even with elevated vacancy rates hovering above 20 percent, new tenant activity and emerging growth signals suggest the Seattle-area office market may be...

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