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CommercialFeaturedIndustry NewsLeasing

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...

AECCommercialIndustry News

Skanska’s Mass-Timber Bevel Advances Through Design Review as 2.7MM SQFT of Bellevue Office Lines Up for Permits

Skanska's 12-story mass-timber Bevel office tower in downtown Bellevue moved through design review in the third quarter, according to CBRE, one of four...

Office towers
CommercialFeaturedIndustry NewsLeasing

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...

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AECCommercialHospitalityIndustry NewsResidentialRetail

Onni Group Starts Excavation at 3.4MM SQFT 606 Bellevue, Tilting Three-Tower Plan Toward Housing and Hotel Rooms

Onni Group has cleared its four-acre superblock at 606 106th Avenue NE and started shoring and excavation for a six-level garage beneath three...

Bellevue Skyline
CommercialFeaturedIndustry NewsLeasing

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...

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CommercialFinanceIndustry News

Preylock Targets Q4 Close on 365,000 SQFT Amazon-Leased West Main Tower for $340MM in Downtown Bellevue

Los Angeles-based Preylock Real Estate Holdings is working through the final details of its acquisition of Vulcan Real Estate's 364,868-square-foot West Main office...

Skyline of Bellevue Washington
AECCommercialFeaturedIndustry News

Eastside’s 14.7MM SQFT Office Pipeline Still Has Zero Pre-Leasing as Supply Freeze Props Up Bellevue Recovery

Broderick Group's third-quarter report still counts roughly 14.7 million square feet of proposed office development across the Eastside, none of it pre-leased, and...

Bellevue Washington Cityscape and Meydenbauer Bay Aerial View
CommercialIndustry NewsLeasing

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...

Bellevue skyline
CommercialFeaturedIndustry NewsLeasing

Broderick Still Sees Eastside Office Vacancy at 19% by Year-End, a Target That Needs 1.2MM SQFT in One Quarter

Broderick Group's appendix projects Eastside office vacancy will end 2026 at 19.0 percent on 1.18 million square feet of net absorption for the...

money roll
AECFinanceIndustry NewsResidential

SRM Development Lands $72.5MM Bank OZK Construction Loan for 239-Unit Brizo Apartments in Downtown Bellevue

Spokane-based SRM Development has lined up $72.5 million in construction financing from Bank OZK to build Brizo, an eight-story, 239-unit market-rate apartment building...

Bellevue skyline with the marine in the forefront
CommercialIndustry NewsLeasing

Crusoe Adds 46,000 SQFT at Key Center in Bellevue Weeks After $3.9 Billion Raise

Denver-based Crusoe has signed for an additional 46,475 square feet at Kilroy Realty's Key Center in downtown Bellevue, a deal that multiplies the...

Bellevue skyline with the marine in the forefront
FinanceIndustry NewsResidential

Pine Forest Properties Sells 30-Unit Heights at Meydenbauer Apartments in Bellevue for $15MM

Redmond Buyer Pays $500,000 per Unit for Bellevue Apartments Near Old Bellevue and Meydenbauer Bay A Bellevue-based firm has sold a small apartment...

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