CBRE
Bellevue Reopens Its Downtown Playbook as Eastside Office Market Pulls Tenants From Seattle
City Council initiates Downtown Livability 2.0, a rewrite of the 2017 land use code aimed at the next wave of high-rise development across...
Equinix Rides AI Inference Wave to Record Q1 Sales as West Coast Capacity Tightens
The Redwood City data center giant booked its largest sales quarter ever as agentic AI workloads push enterprises off the public cloud and...
Perkins&Will, Mortenson Tapped for Six-Story Behavioral Health Building at Harborview’s Yesler Terrace Site
Seattle’s safety-net hospital pivots a once-stalled Kaiser Permanente parcel into the centerpiece of a $1.74 billion campus modernization, with construction targeted for 2027....
Metro Bond Closes In on 5,600 Affordable Homes as Portland Region Confronts 24,000-Unit Shortfall
Greater Portland’s voter-approved housing measure is on track to deliver 1,700 more units than originally promised, even as regional demand for low-cost housing...
Starwood Pulls the Plug on SREIT Redemptions, Slashes Distribution as Non-Traded REIT Reckoning Reaches Its Endgame
Barry Sternlicht’s $22.4 billion fund becomes the last holdout in a sector-wide liquidity crisis, betting that Sunbelt multifamily fundamentals will reward shareholders who...
Bellevue Locks In 5,700-Unit Affordable Housing Target as Eastside Tech Boom Strains Market
The seven-year strategy more than doubles the city’s previous goal as record corporate leasing collides with rising rents and a regional construction slowdown....
$220MM Data Center Plan Surfaces on 4.6-Acre Duwamish Site as Seattle Weighs Moratorium
An unnamed developer files plans for a four-story, up-to-320,000-SQFT facility on a former Carlyle cold-storage site, racing ahead of a potential City Hall...
Seattle Holds Steady for BXP as Downtown Vacancy Climbs to 36.5%
The largest premier workplace REIT keeps its two-asset Seattle CBD portfolio at 80.7 percent occupied even as the broader downtown market posts the...
Seattle’s Expense Discipline Pays Off: Essex Cuts Operating Costs 3.4% and Drives 4.9% NOI Growth
The Pacific Northwest delivered Essex Property Trust’s largest expense reduction of any region in Q1 2026, leveraging modest 2.3 percent revenue growth into...
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...
Pacific Urban Tests Eastside Multifamily Demand With Listing of 180-Unit Knoll Redmond
Palo Alto investor takes Microsoft-adjacent garden community to market three years after $71.3MM acquisition, betting on tech-driven Eastside fundamentals as regional sales volume...
Kilroy’s Seattle Portfolio Holds Steady at 79.3% Occupancy as REIT Posts Best Q1 Leasing Since 2017
Puget Sound holdings outperform the broader Seattle office market as Eastside and AI-driven leasing activity reshapes the region; Kilroy lifts 2026 FFO guidance...
