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CommercialFeaturedIndustry NewsLeasing

Downtown Seattle Office Absorbs 300,000 SQFT, Its First Positive Quarter Since 2021

Downtown Seattle's office market absorbed 300,000 square feet in the third quarter of 2026, its first positive quarter in five years, as law...

Seattle, City view of Seattle, top view of downtown Seattle skyline in Seattle Washington, USA
CommercialFeaturedIndustry News

Businesses Now Carry 68% of Seattle’s $2.8B Tax Bill as City Sheds 24,000 Jobs, DSA-Chamber Study Finds

A new ECOnorthwest analysis commissioned by the Downtown Seattle Association and the Seattle Metropolitan Chamber of Commerce finds the city’s tax collections have...

View of Seattle from Space Needle
FinanceIndustry NewsResidential

Bellwether Housing Lists 85-Unit Olive Tower Across From Seattle Convention Center for $8.5MM

Bellwether Housing has put its 14-story Olive Tower on the block at $8.5 million, offering investors a rare shot at an 85-unit downtown...

Sunny Cityscape- Downtown Seattle from Highway Interchange South
CommercialFeaturedIndustry NewsLeasing

Mayor Wilson Puts Kidder Mathews, Amazon and Port of Seattle on Task Force as Downtown Office Vacancy Hovers Near 35%

Seattle Mayor Katie Wilson has named 18 business, labor and civic leaders, from Kidder Mathews Chairman Bill Frame to Port of Seattle President...

Seattle skyline
CommercialFinanceIndustry News

Vanbarton Exits 541,000 SQFT 901 Fifth Avenue Tower in Downtown Seattle for $48.3MM, 84% Below 2019 Price

Seattle-based GT Capital, in partnership with The Benaroya Company, has acquired the 41-story 901 Fifth Avenue office tower from New York-based Vanbarton Group...

Seattle skyline
CommercialIndustry NewsLeasing

QXQ Leases 22,000 SQFT at BXP’s Madison Centre in Downtown Seattle

Architecture, engineering and construction tenant QXQ has signed for 21,829 square feet of new space at Madison Centre, adding another name to the...

Seattle skyline with Elliott Bay
CommercialIndustry NewsLeasing

Perform Properties Keeps Clearstead at 999 Third With 14,000 SQFT Upgrade Ahead of Docusign’s 227,000 SQFT Exit

With Docusign preparing to vacate roughly 227,000 square feet at 999 Third Avenue next year, Blackstone-owned Perform Properties has kept a 14-year tenant...

View of Seattle skyline at night
AECFinanceIndustry NewsResidential

Entitled Belltown Tower Site in Seattle Hits Market for $6.65MM With Upzone Path to 195 Units

The 2407 1st Ave. site already has its permits for a 166-unit mixed-use tower, is listed at about 24 percent below its last...

View of Space Needle in Seattle next to Amazon headquarters spheres
CommercialFeaturedIndustry News

Seattle Sheds 18,605 Jobs as Downtown Absorbs 70% of Losses, DSA Report Finds

The Downtown Seattle Association's new employment report finds that Seattle shed 18,605 jobs between 2024 and 2025, with downtown absorbing roughly 13,000 of...

Seattle skyline at dusk
CommercialFinanceIndustry NewsLeasing

Laird Norton Trades Namesake Tower for 30,000 SQFT at Seattle’s 2+U Months After MetLife Foreclosure

Laird Norton Co. will vacate downtown Seattle's Norton Building by year-end for a full floor at the Hines-managed 2+U tower, capping a year...

Home under construction
AECFeaturedIndustry NewsResidential

Puget Sound Apartment Developers Shelve Projects as Approved Pipeline Shrinks to 12,931 Units

Puget Sound apartment developers formally shelved a meaningful number of projects over the past year instead of extending permits, shrinking the region's approved...

Seattle skyline from Lake Union
CommercialFinanceIndustry News

BentallGreenOak Affiliate Sells 214,000 SQFT Plaza 600 Tower for $12.5MM in Seattle

An Emeryville, California entity picks up the 57-year-old office tower for a basis low enough to compete on rent in a downtown submarket...

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