Eastside
Skanska Pushes 12-Story, 205,000 SQFT Mass-Timber Bevel Tower Toward Bellevue Entitlement Finish Line
Skanska has cleared another design and entitlement milestone on Bevel, its planned mass-timber office tower in downtown Bellevue, and is targeting Administrative Design...
Anatomy of a Default: How a $229MM Bellevue Office Loan Went From 3.40x Coverage to Foreclosure
A single-tenant office loan that looked untouchable at origination has become one of the Puget Sound’s clearest tests of how far trophy values...
Eastside Office Demand Holds Near 3.7MM SQFT as Databricks and OpenAI Anchor Bellevue’s Flight to Quality
A wave of large lease executions led by Databricks converted years of pent-up requirements into signed deals, yet nearly 3.72 million square feet...
Sterling Realty Lands $27MM Brookfield Refinancing on 105,000 SQFT Mercer Island Office Building
Sterling Realty Organization has refinanced its Class A office building on Mercer Island with a new Brookfield loan, resetting the debt on an...
Bellevue Anchors Puget Sound Office Rebound as Regional Vacancy Climbs to 23.4% in Q2 2026
A widening split defined the Puget Sound office market in the second quarter of 2026, with Bellevue’s AI-fueled leasing surge and a thinning...
Bellevue Puts $25MM on the Table for Affordable Housing, Pairing Sales Tax Dollars With $11MM in One-Time Reserves
Bellevue’s Office of Housing is soliciting proposals from affordable housing developers and operators for up to $24.95 million in capital and operating funding,...
MRM Capital Sells 34,000 SQFT Office Building in Kirkland for $15.8MM
MRM Capital, the Bellevue family office that invests on behalf of the Razore family, has closed out a six-year hold on a downtown...
Puget Sound Office Leasing Reaches 4.6MM SQFT in First Half, Strongest Since 2019 as Availability Slides to 26.5%
The Seattle/Puget Sound office market posted 2.4 million square feet of leasing in the second quarter of 2026 and 4.6 million square feet...
AI-Driven Alpha School Leases 13,000 SQFT at Talon’s Kirkland Ascent, Advancing Lease-Up of 2024 Office Delivery in Kirkland
The Alpha School, an AI-powered private school chain expanding across the country from its Austin base, has leased 13,496 square feet at Kirkland...
Worldscape AI Leases 15,000 SQFT at The Offices at Riverpark in Redmond as AI Demand Powers Eastside Rebound
Worldscape AI, a recently funded Redmond startup building data infrastructure for artificial-intelligence systems, has leased 14,975 square feet at The Offices at Riverpark,...
Climate Corp Signs New 13,000 SQFT Lease at One Bellevue Center in Downtown Bellevue
The Climate Corporation has committed to 12,992 square feet at One Bellevue Center, a fresh lease that adds a new name to a...
Perkins Coie Signs New 14,000 SQFT Lease at Bellevue’s City Center Plaza, Deepening Eastside Footprint
One of Seattle’s largest law firms is expanding its presence across Lake Washington, signing a new lease for 13,787 square feet at City...
