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CommercialIndustry NewsLeasing

Crusoe’s 46,000 SQFT Key Center Expansion Puts AI at the Front of a Bellevue Market Running Short on Big Class A Blocks

CBRE's third-quarter 2026 Seattle office report places Crusoe Energy Systems' 46,000-square-foot expansion at Kilroy Realty's Key Center among the quarter's defining deals, a...

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CommercialFeaturedIndustry NewsLeasing

Eastside Sublease Space Jumps 14% to Nearly 1.3MM SQFT on Meta and Bungie Givebacks as Downtown Seattle’s Shrinks 20%

Sublease availability is moving in opposite directions across Lake Washington, rising 13.6 percent on the Eastside as Meta and Bungie put large blocks...

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CommercialFeaturedFinanceIndustry NewsLeasing

AI Demand Steadies Puget Sound Office Market as Vacancy Settles at 23.3%

Kidder Mathews' third-quarter 2026 report shows the Puget Sound office market logging 113,000 square feet of positive net absorption on the strength of...

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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...

AECCommercialIndustry News

Skanska’s Mass-Timber Bevel Advances Through Design Review as 2.7MM SQFT of Bellevue Office Lines Up for Permits

Skanska's 12-story mass-timber Bevel office tower in downtown Bellevue moved through design review in the third quarter, according to CBRE, one of four...

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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...

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CommercialFeaturedIndustry NewsLeasing

Downtown Bellevue on Track for 1.2MM SQFT of Absorption in 2027 as Vacancy Heads Toward 15%

Broderick Group projects Downtown Bellevue will post roughly 1.2 million square feet of net absorption in 2027, most of it from leases already...

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CommercialFinanceIndustry News

Preylock Targets Q4 Close on 365,000 SQFT Amazon-Leased West Main Tower for $340MM in Downtown Bellevue

Los Angeles-based Preylock Real Estate Holdings is working through the final details of its acquisition of Vulcan Real Estate's 364,868-square-foot West Main office...

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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...

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CommercialFeaturedIndustry NewsLeasing

Broderick Still Sees Eastside Office Vacancy at 19% by Year-End, a Target That Needs 1.2MM SQFT in One Quarter

Broderick Group's appendix projects Eastside office vacancy will end 2026 at 19.0 percent on 1.18 million square feet of net absorption for the...

Bellevue skyline with the marine in the forefront
CommercialIndustry NewsLeasing

Crusoe Adds 46,000 SQFT at Key Center in Bellevue Weeks After $3.9 Billion Raise

Denver-based Crusoe has signed for an additional 46,475 square feet at Kilroy Realty's Key Center in downtown Bellevue, a deal that multiplies the...

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CommercialFeaturedIndustry NewsLeasing

Puget Sound Office Leasing Cools to 1.3MM SQFT as Availability Eases to 26.1%

Seattle/Puget Sound office leasing slowed to 1.3 million square feet in the third quarter after two blockbuster quarters, but availability, sublease supply and...

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