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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...

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People on the Move

Bellevue Names Jake Hesselgesser Development Services Director, Taps Nick Whipple as Deputy

Bellevue has handed permanent control of its development services department to acting director Jake Hesselgesser, a decade-plus city veteran, and paired him with...

Bothell Mill Creek, Washington Suburbs Forest Aerial
CommercialIndustry NewsLeasing

Former Philips Unit Heartstream Leases 36,000 SQFT on Bothell’s North Creek Parkway as District Vacancy Sits at 24.8%

Heartstream, the Bothell-based defibrillator and patient-monitoring maker that Emergency Care Holdings carved out of Royal Philips in January, signed a 36,000-square-foot new lease...

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FinanceIndustry NewsResidential

Healthpeak Affiliate Buys Fairwinds Redmond Senior Living Community From Lytle Enterprises for $59MM

An Irvine, California-based entity paid $59 million for Fairwinds Redmond, a 192,403-square-foot independent and assisted living community operated by Leisure Care on Redmond's...

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...

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AECLeasingResidentialRetail

The Drydown Fragrance Boutique Completes Retail Lease-Up at Cordillera Homes’ Central Peak Residences in Downtown Kirkland

Carlsbad, Calif.-based niche perfumery The Drydown has signed on for the second and final ground-floor space at Cordillera Homes' 26-unit Central Peak Residences...

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...

Medical office waiting room
CommercialFinanceIndustry News

Nashville Buyer Pays $17.5MM for Fully Leased 34,000 SQFT Woodinville Medical Center

A Nashville-based buyer has paid $17.5 million for the fully leased Woodinville Medical Center, handing the Bellevue-linked seller an 11 percent gain in...

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FinanceIndustry NewsResidential

Harrison Street Affiliate Pays $72MM for 110-Unit Aegis Gardens Senior Living Community in Newcastle

Harrison Street Asset Management has paid about $560 per square foot for a Lake Boren assisted living and memory care community, its second...

Bellevue homes overlooking Lake Washington with Seattle in the background
AECFinanceIndustry NewsResidential

AMLI Residential Pays $21.1MM for Spring District Block 15 Site in Bellevue, Where It Plans 296 Apartments

An AMLI Residential entity tied to Morgan Stanley's Prime Property Fund has paid $21.1 million for the Spring District's Block 15 in Bellevue,...

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FeaturedIndustrialIndustry NewsLeasing

Eastside and Northend Industrial Absorption Swings 780,000 SQFT to Positive as Vacancy Falls to 7.5%

While the rest of the Puget Sound industrial market loses tenants, the Eastside and Northend posted one of their strongest years in recent...

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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...

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