Bellevue Suburban
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...
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...
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...
Bellevue Suburban Office Gives Back Ground in Q2 2026 as Vacancy Climbs to 12.8%
The Bellevue Suburban office submarket surrendered occupancy for a second straight quarter in the second quarter of 2026, pushing vacancy to 12.8 percent...
Emerald Learning Center Leases Full 31,057 SQFT Alderwood Building in Bellevue’s Suburban Submarket
Special-education provider Emerald Learning Center has leased 31,057 square feet at the Alderwood Building in Bellevue, a full-building commitment that stands out as...
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...
Gaw Capital Acquires Bellevue’s Bellefield Office Park for $87.5MM in Deed-in-Lieu Transaction
Gaw Capital Partners acquired a 550,000 square foot campus in Bellevue for $87.5 million through a deed-in-lieu of foreclosure, highlighting a surge in...
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...
