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Apartment building with a pink background
AECFeaturedFinanceIndustry NewsResidential

Seattle Apartment Market ‘Treading Water’ as Deputy Mayor Calls JumpStart Tax a ‘Slush Fund’

At the Simon | Anderson Multifamily Team's fall investor forum, Kidder Mathews' Dylan Simon described a Puget Sound apartment market stuck between flat...

Skyline of Bellevue Washington
AECCommercialFeaturedIndustry News

Eastside’s 14.7MM SQFT Office Pipeline Still Has Zero Pre-Leasing as Supply Freeze Props Up Bellevue Recovery

Broderick Group's third-quarter report still counts roughly 14.7 million square feet of proposed office development across the Eastside, none of it pre-leased, and...

lab interior
FinanceIndustry NewsLife Science

Alexandria Stretches $5B Credit Line to 2032 as Seattle Lab Sites Pivot to Housing and Tech

Alexandria Real Estate Equities extended its $5 billion revolving credit facility to 2032 at a lower spread, a refinancing that buys runway for...

Bothell Mill Creek, Washington Suburbs Forest Aerial
CommercialIndustry News

T-Mobile Cuts 77 Jobs, Fully Exits Bothell’s Canyon Pointe Office Campus

T-Mobile is walking away from the last of its office space at a Bothell campus it once occupied in full, a real estate...

Lab equipment
CommercialFeaturedIndustry NewsLeasingLife Science

Alexandria Names Seattle Among Top Markets for Advanced Technology Demand as Lab Pipeline Shrinks 20%

Alexandria Real Estate Equities singled out Seattle as one of three markets where advanced technology tenants are absorbing buildings the REIT once planned...

Seattle skyline from Lake Union
AECFinanceIndustry NewsResidential

Greystar Takes Over Fully Entitled 219-Unit Belltown Apartment Project at 3000 Western in Seattle, Replacing Washington Holdings

Greystar has stepped into one of Belltown's most prominently sited apartment developments, going under contract for a fully entitled 219-unit project across from...

Rendering of apartment building design
AECIndustry NewsResidential

Seattle West Design Review Board Gives Support to Alexandria Real Estate’s 254-Unit Uptown Apartment Tower

Seattle's West Design Review Board unanimously recommended approval of Alexandria Real Estate Equities and Washington Holdings' plan to demolish a 1962 lab campus...

lab interior
AECCommercialFeaturedIndustry NewsLeasingLife ScienceResidential

Seattle Life Sciences Vacancy Spikes to 19% as Alexandria Converts Lab Site to Apartments and Astellas Exits Stem Cell Operation

Seattle's life sciences vacancy rate surged 540 basis points year over year to 19 percent in the second quarter as new lab space...

Rendering of apartment building design
AECIndustry NewsResidential

Alexandria Real Estate and Washington Holdings Advance 250-Unit, 270,400 SQFT Residential Tower in Uptown Seattle

A life science REIT teams up with Seattle's preeminent office tower owner to advance a 250-unit apartment project in Uptown — seeking a...

lab interior
AECIndustry NewsLeasingLife Science

BioLife Solutions Converts Former Bothell Church Into 5,000 SQFT Cryobiology Lab, Pushing Footprint to 64,000 SQFT

A onetime evangelical sanctuary on Monte Villa Parkway has been gutted and rebuilt into one of the few dedicated cryobiology research labs in...

lab interior
AECFeaturedIndustry NewsLeasingLife Science

Alexandria’s 701 Dexter Crosses Toward Stabilization As Seattle Lab Demand Reawakens

Lake Union flagship anchors Alexandria's bet on the region's institutional research base while peripheral inventory languishes. Seattle's life science real estate market is...

Science graphic
FeaturedIndustry NewsLife Science

U.S. Life Sciences Vacancy Tops 70% of New Deliveries as 60MM SQFT Pipeline Reshapes Market

Savills says supply surge from pandemic-era development boom is outpacing demand, leaving major lab projects unleased across key hubs A development cycle that...

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