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CommercialFeaturedIndustry NewsLeasing

OpenAI, Uber Anchor 3.4MM SQFT Leasing Surge as Puget Sound Office Market Turns Corner in 2026

A wave of long-term commitments from artificial intelligence, software and professional-services tenants pushed Puget Sound office leasing up 62 percent in the first...

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FinanceIndustrialIndustry News

48,000 SQFT Pac Companies Building in Redmond Trades for $19MM

In a Puget Sound industrial market recording negative absorption and softening rents, a Kirkland buyer paid $396 per square foot for a 48,000-square-foot...

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FinanceIndustry NewsNews ReleasesResidential

Goodman Real Estate Sells 195-Unit CRU at Willows 124 in Redmond for $94MM

An undisclosed institutional buyer paid $482,000 per unit for a freshly delivered Redmond apartment community, betting that the Eastside’s AI-driven employment wave will...

Apartment buildings
FinanceIndustry NewsNews ReleasesResidential

Kinect Real Estate Partners Closes $126.5MM Oversubscribed Fund II, Targeting 3,000+ Apartments Across $1.6B Development Pipeline

ACG-backed investment platform continues to scale to meet growing demand for institutional-quality multifamily investments from wealth investors BELLEVUE, Wash.–Kinect Real Estate Partners (“Kinect”),...

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CommercialIndustry NewsLeasing

Trase Hunts for 100-Person Seattle-Area Office After $107MM Seed Round as AI Leasing Surges

Trase, a McLean, Virginia-based artificial intelligence startup with half its team already in the Puget Sound region, is searching for a Seattle-area office...

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AECCommercialIndustry News

Wallace Properties Eyes 1MM SQFT Medical Office Campus Redevelopment in Bellevue

With a third parcel now in play alongside its existing 1970s-era medical buildings at 1407 and 1417 116th Ave. N.E., Wallace Properties is...

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AECFinanceIndustry NewsResidential

Entitled 102-Unit Multifamily Development Site in Bellevue Listed for Sale as AI Boom and Light Rail Reshape Eastside Demand

East Link’s arrival, a thinning construction pipeline, and a flood of AI-driven office leasing have redrawn the demand map for Downtown Bellevue —...

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CommercialIndustry NewsLeasing

Snowflake Expands to Floors Seven Through Nine at Bellevue’s Block 6 as Databricks Closes In

Snowflake Inc. is pushing deeper into its Bellevue headquarters, building out three additional floors at the Spring District’s Block 6 just as rival...

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CommercialFeaturedIndustry NewsLeasing

Seattle Ranks as Nation’s No. 3 AI Metro in Hubble Study as Tech Tenants Anchor Puget Sound Office Recovery

Hubble’s new ranking of the most AI-ready U.S. metros names Seattle the country’s third-strongest AI hub and the highest-scoring market outside the Bay...

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FinanceIndustrialIndustry News

Calista Real Estate Buys 51,000 SQFT Manufacturing Warehouse in Woodinville for $15.1MM

A San Francisco-based seller has divested a 50,958-square-foot industrial building in Woodinville to a local Issaquah-based entity, in a King County transaction that...

groundbreaking
AECIndustry NewsResidential

PMB, The Springs Living Break Ground on 225-Unit Senior Living Community in Issaquah

Healthcare real estate developer PMB and Oregon-based operator The Springs Living have started construction on a 225-residence senior living community in the Issaquah...

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AECIndustry NewsResidentialRetail

Transforming Age Bets on 1,000-Unit, Mass-Timber EverGlen Village to Crack Bellevue’s Affordability Gap

A nonprofit developer has advanced plans for EverGlen Village, a more than 1,000-unit affordable senior housing community spread across five mass-timber buildings on...

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