CoStar
Bellevue Suburban Office Gives Back Ground in Q2 2026 as Vacancy Climbs to 12.8%
The Bellevue Suburban office submarket surrendered occupancy for a second straight quarter in the second quarter of 2026, pushing vacancy to 12.8 percent...
Downtown Bellevue Roars Back in Q2 2026 With 366,000 SQFT Absorption Surge Led by Uber and AI Tenants
Downtown Bellevue posted the strongest quarterly absorption of any Eastside submarket in the second quarter of 2026, clawing back 366,168 square feet as...
Eastside Office Market Turns a Corner in Q2 2026 as Absorption Goes Positive, But 21% Vacancy Lingers
The Eastside office market recorded its first meaningful positive absorption in more than a year during the second quarter of 2026, absorbing nearly...
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...
Greater Puget Sound Industrial Market Logs Negative 1.7MM-SQFT Absorption as Vacancy Settles Near 10 Percent
The Greater Puget Sound industrial market spent the past 12 months hunting for equilibrium, recording negative 1.7 million square feet of net absorption...
Downtown Seattle Association Report Blames JumpStart Payroll Tax for Downtown’s Decline as Backers Defend $388MM Revenue Engine
A new Downtown Seattle Association report argues that Seattle's five-year-old JumpStart payroll tax has helped push jobs, employers and office value across Lake...
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...
Eastern Washington Apartment Market Cools in Q1 With Sales Volume Sliding 78% From Q4
Q1 transactions drop to 14 deals worth $33 million as vacancy ticks down to 7.8 percent and operators brace for a summer leasing...
New Blueprint, Rabina Land $75MM Loan to Launch 250-Unit First Phase at Former HP Campus in Vancouver
Six-year transformation of 180-acre Vancouver Innovation Center pivots from office park renovation to ground-up residential, with another 1,000 units in the pipeline. After...
Goodman Real Estate Lists for Sale 58-Unit Ellis Court in Seattle’s Belltown
The 1990-vintage waterfront-adjacent building carries a 4.31% interest-only Fannie Mae loan good through 2031 — a financing edge the listing leans on hard...
Visitors Flood Back to Downtown Seattle as Office Workforce Keeps Shrinking, April Figures Show
April data shows downtown topping pre-pandemic visitor and tourism levels even as worker foot traffic slides to 60 percent of 2019, exposing a...
Puget Sound Apartment Deal Flow Collapses as Buyers Hold the Line on Pricing
First-quarter transactions fell to 58 across the four-county region, with sales volume down 63 percent from the prior quarter as cap rates pushed...
