Drawbridge Realty
Meta Reverses Course on 212,000 SQFT Block 13 in Bellevue’s Spring District, Filing Permits for Full Buildout After Two Years Vacant
After leaving its ninth Spring District building in shell condition since 2024, the tech giant’s decision to occupy the $168.5MM tower signals a...
Wright Runstad and Shorenstein Propose 594-Unit Residential Project on Former Meta Sites at Bellevue’s Spring District
Developers file plans for pair of seven-story apartment buildings as 36-acre transit-oriented neighborhood pivots from tech campus vision to housing hub Wright Runstad...
Meta’s Spring District Retreat: Bellevue’s Office-to-Apartment Pivot Gathers Steam
Developer Wright Runstad pivots abandoned tech campus sites to housing as sublease glut reshapes Bellevue’s largest mixed-use project When Meta Platforms signed an...
Nitze-Stagen’s 760 Aloha in Seattle Remains on the Market for $8.8MM as Commercial Real Estate Struggles
Property Reflects Broader Market Challenges in Q2 2025 Eight months after hitting the market, the 42,000-square-foot office building at 760 Aloha Street in...
Report: Seattle Office Market Faces Mixed Signals as Return-to-Office Trend Gains Momentum
The Seattle office market is in the midst of a complex transition, with early signs of stabilization emerging alongside persistent structural headwinds. According...
Gaw Capital Acquires Bellevue’s Bellefield Office Park for $87.5MM in Deed-in-Lieu Transaction
Gaw Capital Partners acquired a 550,000 square foot campus in Bellevue for $87.5 million through a deed-in-lieu of foreclosure, highlighting a surge in...
Eastside Office Market Shows Cautious Optimism Despite Persistent Vacancy Challenges
Even with elevated vacancy rates hovering above 20 percent, new tenant activity and emerging growth signals suggest the Seattle-area office market may be...
Drawbridge, KKR & Global Atlantic Buy Spring District’s Block 13 Meta-Leased Property in Deal Valued $193MM
(EDITOR’S NOTE: According to sources with knowledge of the transaction details, the property trade was valued around $910 per square foot, or approximately...
Shorenstein, Wright Runstad Transact Three Spring District Properties in Bellevue to Blackstone and Drawbridge Realty
(Editor’s Note: According to industry reports, Blackstone acquired a 40 percent stake each in Blocks 5 and 6, and the combined value of...
Drawbridge Realty Recapitalizes $1.7B Office Portfolio and Expands KKR Partnership with Long-term Funding from Global Atlantic
NEW YORK & SAN FRANCISCO – February 17, 2022 – KKR, a leading global investment firm, today announced that Global Atlantic Financial Group...
Mark Whiting, Drawbridge Realty: Suburban Office Outlook Bright as Tenants Provide More Flexible Workspaces for Employees
By Mark Whiting, CEO of Drawbridge Realty One thing that is clear for the real estate market as we progress into the latter...
Podcast: Mark Whiting, CEO of Drawbridge Realty
We sit down today with Mark Whiting, the co-founder, chairman and CEO of San Francisco-based Drawbridge Realty. Drawbridge is a real estate investment and...
