Databricks
We Ranked Puget Sound’s Office Submarkets for AI Startups. Bellevue Isn’t #1.
OpenAI, Databricks and Uber went to Bellevue; Anthropic took 113,000 SF in South Lake Union. We ranked eight Puget Sound submarkets on what...
Anthropic Adds 46,000 SQFT at Seattle’s Dexter Yard, Building on 113,000 SQFT Lease
Anthropic took a 46,000-square-foot expansion at BioMed Realty's Dexter Yard in Seattle's Lake Union district during the third quarter, according to CBRE, adding...
Eastside Office Vacancy Climbs to 22.4%, but 755,000 SQFT of Signed Bellevue Leases Wait in the Wings
Broderick Group's third-quarter data shows the Eastside shed 292,618 square feet of occupied office space and pushed vacancy to 22.4 percent, but a...
Eastside Office Asking Rents Jump 24% in Two Years Even as Vacancy Climbs to 22.4%
Average gross asking rents on the Eastside have climbed nearly 24 percent since the end of 2024 to $47.18 per square foot, even...
Downtown Bellevue on Track for 1.2MM SQFT of Absorption in 2027 as Vacancy Heads Toward 15%
Broderick Group projects Downtown Bellevue will post roughly 1.2 million square feet of net absorption in 2027, most of it from leases already...
Seattle Posts Fastest AI Office Demand Growth but Trails Three-Market Core, VTS Finds
New VTS research shows AI companies entering the office market 27 percent more often than a year ago, but with San Francisco, New...
Nscale Doubles Lease at Bellevue’s The Eight to 46,000 SQFT Ahead of Opening and $35B IPO
The London-based AI data center developer has added a second floor at The Eight before moving into its first one, a commitment made...
Morrison Foerster Commits to 29,000 SQFT at Kilroy’s West8 Tower as Seattle Office Aims to Double Headcount
Eight months after planting its flag in Seattle with a team of litigators from Perkins Coie, San Francisco-based Morrison Foerster has signed a...
Industrious Leases 22,000 SQFT at Skanska’s The Eight in Downtown Bellevue
Industrious is expanding in downtown Bellevue by taking a full floor at The Eight. Tenants leased 851,000 square feet in Bellevue's central business...
Seattle Absent From Top 10 as $2.26T Exit Boom Rewards Bay Area, Dallas and Denver
A new Deloitte and PitchBook report tracking a record $2.26 trillion in U.S. expansion-stage company exits during the first half of 2026 shows...
Seattle-Area AI Adoption Climbs Toward 28% as Puget Sound Office Vacancy Holds Near 28%
New federal survey data show businesses across the Seattle metro adopting artificial intelligence faster than the national average, handing the region's battered office...
Seattle-Tacoma Retail Vacancy Holds at 4.7% as Small Tenants Steady Market
Tacoma posts the West Coast's lowest vacancy among major submarkets even as its asking rents climb nearly 30 percent since 2019. Three straight...
