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FinanceIndustry NewsResidential

Carlyle and Alliance Residential Acquire Downtown Bellevue Office Property for $30.4MM, Plan 304-Unit Apartment Redevelopment

The joint venture will demolish the 1970-built 200 Building at 200 112th Avenue NE and construct a nine-story multifamily project that recently cleared...

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CommercialFinanceIndustry News

Nicola Real Estate Sells 34,873-SQFT Studio 7500 Office Building in Redmond Town Center for $23MM

The transit-adjacent, net-leased property is fully occupied by a Volkswagen subsidiary and subleased to cybersecurity firm CrowdStrike, offering the new owner secured cash...

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CommercialIndustry News

Amazon Exits 251,000 SQFT Seattle Children’s Building, Accelerating Eastside Pivot

The tech giant’s departure from the 1950s-era Kumo office adds to more than 1 million square feet of lease expirations since 2020, as...

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CommercialFinanceIndustry News

Vulcan Real Estate Lists for Sale 365,000 SQFT Bellevue Office Tower Leased by Amazon as Eastside Demand Outpaces Seattle

Newmark lists Tower 1 at West Main, a 364,868-square-foot building fully leased by Amazon, as the e-commerce giant presses forward with its long-term...

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AECCommercialFinanceIndustry NewsResidential

Ryan Companies Acquires 76,000 SQFT Office Building in Seattle for $13MM with Plans for 199-Unit Apartment Complex

Court-ordered sale of 425 Pontius marks a 67 percent loss from 2022 purchase price as Swift Real Estate Partners exits failed value-add play...

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CommercialFinanceIndustry News

Meta Reverses Course on 212,000 SQFT Block 13 in Bellevue’s Spring District, Filing Permits for Full Buildout After Two Years Vacant

After leaving its ninth Spring District building in shell condition since 2024, the tech giant’s decision to occupy the $168.5MM tower signals a...

Bellevue skyline
CommercialFinanceIndustry News

xAI Leases 24,800 SQFT at Lincoln Square South in Downtown Bellevue

Elon Musk’s AI venture takes full floor at Kemper Development’s Bellevue Collection office tower Artificial intelligence companies are continuing to reshape the Eastside...

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AECIndustry NewsResidential

Wright Runstad and Shorenstein Propose 594-Unit Residential Project on Former Meta Sites at Bellevue’s Spring District

Developers file plans for pair of seven-story apartment buildings as 36-acre transit-oriented neighborhood pivots from tech campus vision to housing hub Wright Runstad...

OpenAI
CommercialIndustry News

OpenAI Nearly Quadruples Bellevue Space with 223,000 SQFT City Center Plaza Expansion

ChatGPT maker secures additional square feet as AI firms intensify Eastside presence OpenAI has committed to an additional 223,000 square feet at City...

Skyline of Bellevue Washington
CommercialIndustry News

Uber Explores Major Bellevue Expansion at Four106 Tower

Ride-hailing giant in talks for downtown tower space as expansion beyond Seattle headquarters amid tech firm migration to Eastside Uber Technologies Inc. is...

Bellevue skyline
CommercialIndustry News

Databricks in Talks to Significantly Increase Bellevue Footprint with Four106 Tower Lease

AI analytics firm negotiating for bulk of downtown Bellevue’s newest office tower as company prepares for anticipated public offering Databricks Inc. is negotiating...

Construction site with earth mover
AECCommercialFeaturedIndustry News

Eastside Office Construction Grinds to Halt After Tech-Fueled Building Boom

The Seattle Eastside’s office construction pipeline has fallen silent in 2025 after a remarkable three-year period that delivered nearly 5 million square feet...

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