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Seattle Posts Highest Vacancy Increase Among Tech Gateways Even as Bellevue Anchors AI Leasing Recovery

CBRE’s 2026 Tech Gateway Office Markets report shows Seattle’s downtown and Eastside drawing top-five U.S. AI tenant demand while overall vacancy climbs 500...

Bellevue skyline
Industry NewsNews ReleasesResidentialRetail

Nobu and Silverstein Unveil Move-In Ready Residences with 365-Unit Mixed-Use Site in Bellevue

The Downtown Bellevue project introduces fully integrated lifestyle living, from curated amenities to direct access to Nobu dining. NEW YORK, May 27, 2026...

rays of energy
CommercialFeaturedIndustrialIndustry News

PSE Draft Plan Pegs Washington Electric Rates to Climb 142% and Gas Rates 392% by 2050

The utility’s reference case for the 2027 Integrated System Plan warns of binding transmission constraints, unsolvable model runs and mounting affordability pressure for...

Sunny Cityscape- Downtown Seattle from Highway Interchange South
CommercialFinanceIndustry News

Spear Street to Buy Seattle’s US Bank Center from Blackstone at $280MM, 54% Below 2019 Price

The pending recap of the 944,000-SQFT downtown tower marks one of the starkest writedowns yet on a Seattle trophy office, even as Bellevue...

Bellevue Skyline
FeaturedIndustry NewsLeasing

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...

Amazon, Puget Sound, Seattle, Bellevue, South Lake Union, Los Angeles, Long Beach, Santa Ana, San Diego, Carlsbad, San Marcos, Bay Area, San Francisco, Oakland, Fremont, San Jose, Sunnyvale, Santa Clara
CommercialFeaturedIndustry NewsLeasing

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...

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AECFinanceIndustry NewsResidential

373-Unit Bremerton Landing Development Site Across 7 Acres in Kitsap County Hits Market for $9MM

The four-parcel Puget Sound assemblage offers shovel-ready entitlements for 82 units and a proposed 291-unit Phase 2, with potential Opportunity Zone designation looming...

Coffee cup filled to the top
FeaturedIndustry NewsLeasingRetail

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...

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AECIndustry NewsResidentialRetail

MHR Capital Group Doubles Down on Kennewick with 436-Unit, 642,000 SQFT Residential Phase

The District Residences would layer urban-density housing onto a federally designated Opportunity Zone already anchored by a $47MM AC Hotel by Marriott and...

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FinanceIndustry NewsNews ReleasesResidential

Sagard Real Estate Expands Multifamily Portfolio with 222-Unit Acquisition in Monroe

SEATTLE–Sagard Real Estate (SRE), a leading U.S.-based real estate investment advisor and subsidiary of Sagard, a global multi-strategy alternative asset management firm, today...

AECCommercialIndustry NewsRetail

Spruce Street School Clears Permit Hurdle for 20,000 SQFT First Hill Campus Conversion

The 43-year-old private elementary school will trade its leased Denny Triangle home for an owned First Hill building, with classes targeted to begin...

ricardo-gomez-angel-7bzbyafVTYg-unsplash-construction
AECFeaturedIndustry News

Washington Construction Payrolls Stall as Seattle-Tacoma-Bellevue Sheds 2,200 Jobs

Statewide employment held flat at 214,600 in March even as the Puget Sound’s largest metro continued a year-long contraction, deepening regional concerns about...

2026 Pacific Northwest CRE Rising Stars

PNW CRE Rising Stars

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