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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...

Bellevue skyline
CommercialFeaturedIndustry News

Eastside Office Market Enters 2026 With 4.3MM SQFT in Active Tenant Demand as Recovery Takes Hold

Sublease vacancy drops to its lowest point since early 2022 while big tech recommits to in-office presence across the Bellevue CBD and surrounding...

Bellevue Skyline
AECCommercialIndustry NewsResidential

Meta’s Spring District Retreat: Bellevue’s Office-to-Apartment Pivot Gathers Steam

Developer Wright Runstad pivots abandoned tech campus sites to housing as sublease glut reshapes Bellevue’s largest mixed-use project When Meta Platforms signed an...

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CommercialFinanceIndustry NewsNews Releases

CalPERS’ Climate Solution Commitments Surpass $53B

SACRAMENTO, Calif. – CalPERS announced Monday it has committed more than $53 billion toward investing in climate solutions as part of a growing...

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CommercialFinanceIndustry NewsRetail

Shorenstein Lists for Sale 28,200 SQFT Spring District Brewpub in Bellevue

By Kate Snyder A boutique mixed-use, trophy asset has hit the market in Bellevue. The Spring District Brewpub, a three-story, 28,244 square foot...

CommercialFeaturedFinanceIndustry News

Brookfield Announces 19% Bump in Dividend, Underscored by Lower Profits and Ambitious Fundraising Goals in 2024

In a bold stride forward, Brookfield Asset Management Ltd. (BAM) has announced a significant uptick in its dividend by 19 percent, reflecting a...

CommercialFinanceIndustry NewsNews Releases

Brookfield Raises Record $6B for Global Infrastructure Debt Investments

Brookfield Asset Management (“Brookfield”) announced today the closing of its global infrastructure debt program, Brookfield Infrastructure Debt Fund III (“BID III” or the...

CommercialFinanceHospitalityIndustry NewsNews Releases

384-Room Seattle Marriott Bellevue Part of Brookfield’s $3.8B Hotel Deal with Watermark Lodging

EDITOR’S NOTE: The West Coast properties acquired in the transaction include the following hotels:Seattle Marriott Bellevue – 384 roomsFairmont Sonoma Mission Inn &...

CommercialFinanceIndustry NewsRetail

Brookfield Defaults on $77MM Loan for Bellis Fair Mall

By Meghan Hall Major developer and investor Brookfield Properties Trust has defaulted on its loan for one of its assets in Bellingham, Wash....

Brookfield, Highland Park Properties LLC, Red Dot Corporation, Tukwila, 495 Andover Park East
FinanceIndustrialIndustry News

Entity Affiliated with Brookfield Buys Tukwila Industrial Asset for $28.1MM

By Meghan Hall It’s been a busy week in the Puget Sound, with a number of different deals closing as investors look to...

Goldman Sachs, Bellevue Straits, Bellevue, Newmark, Cushman & Wakefield, Brookfield, USQ, Hilco
AECCommercialFinanceIndustry News

Goldman Sachs Signs 99-Year Ground Lease for a Development Site in Bellevue

By Meghan Hall As the commercial real estate sector becomes more competitive across Puget Sound, a number of companies are taking up a...

Chatham Financial, Brookfield, Spring District, Facebook, Block 16, Block 24, GIX Building, Bellevue
CommercialFinanceIndustry News

Brookfield Executes $263.5MM Ground Lease for Bellevue’s Spring District Blocks 16 and 24

By Meghan Hall Brookfield Asset Management earlier this week closed on two financial transactions involving some of its most well-known Puget Sound assets....

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