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Seattle skyline with Elliott Bay
FeaturedIndustry NewsResidential

Equity Residential Bets on Bellevue-Redmond as Seattle Apartment Market Trails San Francisco’s AI Recovery

The REIT's 8,051-unit Seattle portfolio underperformed in Q1 2026, but executives see Eastside office momentum and migration patterns positioning the metro for a...

Seattle skyline
CommercialFeaturedIndustry NewsLeasing

Seattle Holds Steady for BXP as Downtown Vacancy Climbs to 36.5%

The largest premier workplace REIT keeps its two-asset Seattle CBD portfolio at 80.7 percent occupied even as the broader downtown market posts the...

Apartment buildings in Seattle with the Space Needle in the background
FeaturedIndustry NewsResidential

Essex Signals Seattle Apartment Market Poised to Close the Gap with the Bay Area

The West Coast multifamily giant points to dwindling supply, fresh office expansions and improving April leasing data as evidence Seattle's recovery is underway....

Apartment building facade
FeaturedFinanceIndustry NewsResidential

Pacific Urban Tests Eastside Multifamily Demand With Listing of 180-Unit Knoll Redmond

Palo Alto investor takes Microsoft-adjacent garden community to market three years after $71.3MM acquisition, betting on tech-driven Eastside fundamentals as regional sales volume...

Seattle skyline
CommercialFeaturedFinanceIndustry NewsLeasing

Kilroy’s Seattle Portfolio Holds Steady at 79.3% Occupancy as REIT Posts Best Q1 Leasing Since 2017

Puget Sound holdings outperform the broader Seattle office market as Eastside and AI-driven leasing activity reshapes the region; Kilroy lifts 2026 FFO guidance...

image of warehouse interior
FeaturedIndustrialIndustry NewsLeasing

Prologis Names Seattle Among Two Softest U.S. Industrial Markets as Puget Sound Vacancy Climbs to 9.7%

The logistics giant says elevated vacancy, muted demand and a supply overhang have pushed Seattle's recovery timeline further out than the national average....

Street view of the Woodinville city center sign outside of a major shopping area on a cloudy, overcast day
IndustrialIndustry NewsLeasing

NIC Global Renews 105,000 SQFT Lease at Woodinville Business Center on the Eastside

Advanced manufacturing tenant recommits to Eastside submarket as R&D and flex product outperforms broader Puget Sound industrial market NIC Global Manufacturing Solutions has...

Sunny Cityscape- Downtown Seattle from Highway Interchange South
CommercialFeaturedIndustry NewsLeasing

Downtown Seattle Posts 720,000 SQFT of Office Leasing in Q1 2026 as Non-Tech Tenants Drive Demand Diversification

Law firms, professional services giants, and an automaker are reshaping downtown's tenant mix even as the submarket contends with the region's highest vacancy...

Street view of the central shopping area of Redmond Towncenter downtown.
CommercialFeaturedIndustry NewsLeasing

Redmond Office Vacancy Plunges From 20.8% to 6.4% in Q1 2026 in Sharpest Single-Quarter Drop Across Puget Sound

The dramatic 1,440-basis-point contraction reflects renewed commitment from major technology tenants along the Willows Road corridor and positions Redmond as one of the...

Meta logo graphic
CommercialIndustry NewsLeasing

Meta Renews 146,000 SQFT Lease at Willow Creek Corporate Center in Redmond as Eastside Vacancy Tightens

The social media and technology giant recommits to its long-held Willows Road campus as Redmond's vacancy rate plummets from 20.8 percent to 6.4...

construction figures on a phone
AECCommercialFeaturedIndustry News

Puget Sound Developers Advance Office Projects Through Permitting and Demolition as Construction Pipeline Sits Empty for First Time in Over a Decade

With zero square feet under construction and no deliveries in Q1 2026, early-stage development signals suggest the region's next building cycle is being...

Bellevue Skyline
AECFinanceIndustry NewsResidential

Church of Jesus Christ of Latter-day Saints Sells 3.88-Acre Bellevue Site Slated for 15-Lot Travara Subdivision for $16.5MM

A 3.88-acre parcel on Northup Way will be cleared to make way for single-family housing under a planned unit development filed with the...

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