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CommercialFeaturedIndustry News

Seattle Falls to 38th in ULI-PwC Emerging Trends 2027 Rankings Even as Office Leasing Hits Best Pace Since 2019

Seattle dropped 16 spots to 38th in the Urban Land Institute and PwC's Emerging Trends in Real Estate 2027 market rankings, its steepest...

Space Needle between two apartment buildings in Seattle
FeaturedIndustry NewsResidential

Seattle Tech Job Openings Hit Pre-COVID Levels as Essex Bets on an Eastside Apartment Rebound

Essex Property Trust told analysts that tech job openings in Seattle have climbed back to their pre-pandemic average for the first time in...

Sunny Cityscape- Downtown Seattle from Highway Interchange South
CommercialFeaturedIndustry News

Seattle Businesses Grade City’s Business Climate 39 Out of 100 as Downtown Data Show a Rebound

A new survey of 247 Seattle employers by the Seattle Metro Chamber and the Downtown Seattle Association delivers a harsh verdict on taxes,...

Bell Partners
CommercialFeaturedIndustry NewsLeasing

Seattle Office Demand Jumps 59% in Q3, Leading VTS’s Seven-Market Index as Non-Tech Tenants Step Up

Seattle posted the biggest quarter-over-quarter gain in office demand among the seven major U.S. markets tracked by VTS in the third quarter, driven...

Pioneer Square district and Centurylink Field stadium in Seattle.
CommercialIndustry NewsLeasing

Sound Transit Leases 31,000 SQFT at 5th & Jackson Building Near Union Station in Seattle’s Pioneer Square

The Central Puget Sound Regional Transit Authority has committed to 31,000 square feet of new office space at 315 5th Ave. S., the...

BioMed Realty Seattle South Lake Union Beebe Realty Dexter Yard Vulcan Real Estate Lakefront Blocks Deka Immobilien
CommercialFinanceIndustry News

Judge Tosses DekaBank’s $17.2MM Repair Claim Against Blackstone at 315,000 SQFT Exchange Building in Seattle, Lets $30MM Guaranty Fight Proceed

A New York court has thrown out DekaBank's bid to make a Blackstone fund pay for projected repairs at Seattle's half-empty Exchange Building,...

Sunny Cityscape- Downtown Seattle from Highway Interchange South
CommercialIndustry NewsLeasing

Dorsey & Whitney Signs 46,000 SQFT Lease at Seattle’s Tower 1201 as Downtown Posts First Positive Absorption Since 2021

Dorsey & Whitney, the Minneapolis-founded law firm with a Seattle office at Columbia Center, signed a 46,000-square-foot new lease at the 55-story Tower...

Buildings
CommercialFeaturedIndustry NewsLeasing

Downtown Seattle’s Q3 Office Absorption Ranges From Plus 300,000 SQFT to Minus 116,000 SQFT Depending on the Broker

CBRE says Downtown Seattle's office market absorbed 300,000 square feet in the third quarter, its first positive quarter since 2021, while Cushman &...

chrissy-langston-XlP5_ZyDTVk-unsplash-building office
CommercialFeaturedFinanceIndustry News

Owner-Users Outbid Investors for Puget Sound Office Buildings, Paying Up to $969 Per SQFT as Downtown Towers Trade Near $58

Buyers that intend to occupy what they buy paid well above investor pricing for smaller Puget Sound office buildings in the third quarter...

Sunny Cityscape- Downtown Seattle from Highway Interchange South
AECCommercialFeaturedIndustry NewsResidential

Seattle’s Office-to-Housing Pipeline Totals Just 401 Units as Downtown Vacancy Sits at 35.4%

Seattle's four city-tracked office-to-housing conversions add up to about 401 apartments, a sliver of a downtown market that still has more than 19...

Seattle skyline at dusk
CommercialIndustry NewsLeasing

West8’s Move-Ins Lag Its Leasing as Kilroy’s Seattle Tower Hits 58% Leased but 37% Occupied

Kilroy Realty's West8 tower in Seattle's Denny Triangle is now 58.4 percent leased but only 36.7 percent occupied, leaving roughly 116,000 square feet...

Sunny Cityscape- Downtown Seattle from Highway Interchange South
CommercialFeaturedHospitalityIndustry NewsResidentialRetail

Downtown Seattle Hotels Hit 108% of 2019 Demand as Office Foot Traffic Stalls at 62%

The Downtown Seattle Association's latest monthly dashboard shows September hotel demand and visitor counts running ahead of 2019 levels while weekday office attendance...

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