City Center Plaza
Eastside Office Demand Holds Near 3.7MM SQFT as Databricks and OpenAI Anchor Bellevue’s Flight to Quality
A wave of large lease executions led by Databricks converted years of pent-up requirements into signed deals, yet nearly 3.72 million square feet...
Bellevue Anchors Puget Sound Office Rebound as Regional Vacancy Climbs to 23.4% in Q2 2026
A widening split defined the Puget Sound office market in the second quarter of 2026, with Bellevue’s AI-fueled leasing surge and a thinning...
Perkins Coie Signs New 14,000 SQFT Lease at Bellevue’s City Center Plaza, Deepening Eastside Footprint
One of Seattle’s largest law firms is expanding its presence across Lake Washington, signing a new lease for 13,787 square feet at City...
OpenAI, Uber Anchor 3.4MM SQFT Leasing Surge as Puget Sound Office Market Turns Corner in 2026
A wave of long-term commitments from artificial intelligence, software and professional-services tenants pushed Puget Sound office leasing up 62 percent in the first...
Anthropic Signs 113,000 SQFT Lease at Dexter Yard North in Seattle’s South Lake Union
Valued near $1 trillion and backed by $25 billion from the company next door, Anthropic chose South Lake Union over Bellevue for one...
KKR Buys 195-Unit CRU at Willows 124 in Redmond for $94MM, Betting on Eastside AI Job Growth
KKR emerged as the buyer of a newly delivered 195-unit Redmond apartment community that traded for $94 million, or $482,051 per unit, in...
Puget Sound Office Market Notches First Positive Absorption in Four Years, Even as Layoffs Mount
Vacancy and availability declined simultaneously for the first time in the recovery cycle, but surging tech-sector cuts and a weakening labor market threaten...
UK Hyperscaler Nscale Leases 24,000 SQFT at The Eight in Bellevue, Plans Hundreds of Hires
Fresh off a $2 billion Series C round, the Nvidia-aligned data center startup will plant its U.S. engineering flag in downtown Bellevue, joining...
PMF Investments Sells 35,000 SQFT Homeport Building and 118-Slip Marina Site in Kirkland for $46MM
The trophy Lake Washington waterfront asset cleared a complex disposition shaped by mixed product types, a below-market anchor lease and deferred maintenance —...
Puget Sound Office Leasing Accelerates to 2.1MM SQFT in Q1 2026 as Availability Falls to Lowest Level Since Late 2024
Savills report finds technology and AI tenants driving demand across core submarkets, with Microsoft, OpenAI, and Puget Sound Energy among the quarter’s largest...
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...
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...
