Bellevue
Keelbase Capital Takes Over 80-Unit The Baxter in Downtown Bellevue via Deed in Lieu, Backed by Up to $17MM Loan
An Angelo Gordon-affiliated owner handed The Baxter to Keelbase Capital through a deed in lieu of foreclosure four years after the building was...
PGIM Stacks $22.7MM Mezzanine Loan on SRM Development’s Brizo Apartments in Downtown Bellevue
PGIM's real estate structured debt strategy has supplied a $22.7 million mezzanine construction loan for a 220-unit SRM Development apartment project in downtown...
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...
SRM Clears Downtown Bellevue Corner, Wins State Backing for $9.5MM Cleanup Ahead of 376-Unit 12 Bellevue
With the old Jack in the Box and 7-Eleven buildings now demolished, SRM Development has secured a Washington Department of Ecology opinion that...
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...
Private Investor Pays $6.6MM for 23,000 SQFT Creekside Professional Center, Topping Investor Office Pricing in Puget Sound’s Northend
A private investor, Northwest Professional Centers, LLC, paid $6.6 million for the 22,658-square-foot Creekside Professional Center in Mill Creek, the highest price per...
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...
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...
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...
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...
I-90 Corridor Office Vacancy Has Soared From 4.2% to 41.6% Since 2019 as 1.4MM SQFT of New Projects Wait
Vacancy along the Eastside's I-90 Corridor has risen from 4.2 percent in 2019 to 41.6 percent in the third quarter of 2026, leaving...
Businesses Now Carry 68% of Seattle’s $2.8B Tax Bill as City Sheds 24,000 Jobs, DSA-Chamber Study Finds
A new ECOnorthwest analysis commissioned by the Downtown Seattle Association and the Seattle Metropolitan Chamber of Commerce finds the city’s tax collections have...
