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CommercialFinanceIndustry News

Philips Plans Multiyear Sale of 57-Acre Bothell Campus Assessed at $122.99MM

Dutch health-tech giant tees up a quiet exit from its longtime Puget Sound headquarters and signals a search for smaller, modernized Seattle-area space....

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ContributorsFeaturedFinanceIndustry NewsLife Science

A Shot in the (Life Science) Arm for Puget Sound

Eli Lilly’s $1.5 billion cash deal for Bothell-based Curevo Vaccine is the kind of validating, capital-attracting exit Puget Sound’s life sciences cluster has...

Rendering of townhome development design in Bellevue
AECIndustry NewsResidential

City of Bellevue Approves Soma Homes’ 19-Townhome Bel-Red Project on 1.15-Acre Office Site

The four-year-old Puget Sound builder will demolish a two-story business park at 12505 NE Bellevue-Redmond Road and replace it with four buildings of...

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...

Water fountain in Bellevue, Washington
CommercialFeaturedIndustry NewsLeasing

New-to-Market Tenants Drive 85% of New Eastside Office Demand as 45 Active Requirements Top 1.69MM SQFT

Broderick Group’s Q1 2026 report reveals a structural shift in the Eastside tenant pipeline, with AI companies, professional services firms, and growth-stage enterprises...

Skyline of Bellevue Washington
CommercialFinanceIndustry NewsLeasing

Eastside Office Market Holds Steady at 21.9% Vacancy as Tenant Base Diversifies and Supply Tightens

Broderick Group’s Q1 2026 report finds the first signs of a vacancy peak across the 43-million-square-foot Eastside market, with AI companies, professional services...

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AECIndustry NewsResidential

MSR Communities Plans 247-Unit Mountain View Apartments on Former Dumpster Yard Near Canyon Park in Bothell

International homebuilder’s first multifamily rental project spans two phases — a 109-unit, seven-story building and a 138-unit, eight-story building — on a site...

Couch in living room
FinanceIndustry NewsResidential

Healthpeak Properties Acquires 121-Unit Senior Living Community in Bothell from Lytle Enterprises for $41MM

The S&P 500 REIT’s purchase of the independent living property from Lytle Enterprises adds to an expanding senior housing portfolio backed by a...

office building facade
CommercialFinanceIndustry News

Rosen Harbottle Sells 32,000 SQFT High-Tech Flex Building in Bothell for $10MM

The North Creek Tech Center property traded at approximately $310 per square foot, the second flex deal in Bothell’s North Creek corridor this...

ousa-chea-gKUC4TMhOiY-unsplash-life science
FeaturedIndustry NewsLeasingLife Science

Seattle Life Science Vacancy Climbs to 22.8% as More Than 500,000 SQFT of New Product Delivers

Two major projects enter Greater Seattle’s lab market in 2025 with moderate preleasing as NIH and venture capital funding both decline year over...

Classroom with kids and teacher
CommercialFeaturedIndustry News

Fusion Academy Leases 9,500-SQFT Suite at Bellevue’s Lincoln Plaza, Expanding Washington Footprint with Second Campus

Michigan-based private school chain becomes the latest educational institution to repurpose vacant Eastside office space amid rising private school enrollment and persistently elevated...

office building facade
CommercialFinanceIndustry News

Stonewood Design Affiliate, Image Church Acquires 59,830 SQFT Wright Building in Bothell for $10.2MM

The high-flex property traded at roughly $170 per square foot, below its $10.77 million listing price, as the Puget Sound industrial market contends...

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PNW CRE Rising Stars

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