CBRE
Martin Selig Real Estate Restructures Nearly $500MM in Debt on 12 Seattle Office Buildings, Clearing Path Out of Receivership
Martin Selig Real Estate has completed loan modifications covering 12 Seattle office buildings and about 2.2 million square feet, including a Midland-serviced loan...
Judge Tosses DekaBank’s $17.2MM Repair Claim Against Blackstone at 315,000 SQFT Exchange Building in Seattle, Lets $30MM Guaranty Fight Proceed
A New York court has thrown out DekaBank's bid to make a Blackstone fund pay for projected repairs at Seattle's half-empty Exchange Building,...
Alexandria CEO Says Institutional Investors Still Favor Seattle Lab Buildings Despite 18.9% Vacancy
Peter Moglia, chief executive of Alexandria Real Estate Equities, told analysts that Seattle belongs with Boston, San Francisco and San Diego as a...
Dorsey & Whitney Signs 46,000 SQFT Lease at Seattle’s Tower 1201 as Downtown Posts First Positive Absorption Since 2021
Dorsey & Whitney, the Minneapolis-founded law firm with a Seattle office at Columbia Center, signed a 46,000-square-foot new lease at the 55-story Tower...
Downtown Seattle’s Q3 Office Absorption Ranges From Plus 300,000 SQFT to Minus 116,000 SQFT Depending on the Broker
CBRE says Downtown Seattle's office market absorbed 300,000 square feet in the third quarter, its first positive quarter since 2021, while Cushman &...
Owner-Users Outbid Investors for Puget Sound Office Buildings, Paying Up to $969 Per SQFT as Downtown Towers Trade Near $58
Buyers that intend to occupy what they buy paid well above investor pricing for smaller Puget Sound office buildings in the third quarter...
New Supply, Not Lost Tenants, Drove Puget Sound Industrial Vacancy to 12% as Pipeline Shrinks 74%
The Puget Sound's industrial vacancy rate nearly tripled from 4.3 percent to 12.0 percent over roughly four years, but CBRE's latest numbers show...
Three Puget Sound Industrial Districts Top 25% Vacancy as Spec Warehouses Sit Empty
CBRE's third-quarter 2026 district data shows Tacoma West, Federal Way and North Snohomish County each carrying industrial vacancy more than double the regional...
Eaton Vance Affiliate Pays $87.3MM for 359-Unit Assembly118 Apartments at Seattle’s Othello Station
An entity affiliated with Eaton Vance’s Real Estate Investment Group has bought a 359-unit apartment building next to Seattle’s Othello light rail station...
Seattle’s Office-to-Housing Pipeline Totals Just 401 Units as Downtown Vacancy Sits at 35.4%
Seattle's four city-tracked office-to-housing conversions add up to about 401 apartments, a sliver of a downtown market that still has more than 19...
West8’s Move-Ins Lag Its Leasing as Kilroy’s Seattle Tower Hits 58% Leased but 37% Occupied
Kilroy Realty's West8 tower in Seattle's Denny Triangle is now 58.4 percent leased but only 36.7 percent occupied, leaving roughly 116,000 square feet...
Seattle Social Housing Developer to Buy 195-Unit Youngstown Flats in West Seattle for $68MM
Seattle’s social housing authority is buying a 2013 West Seattle apartment building for less than it sold for eight years ago, its second...
