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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...

Rendering of apartment building design in Bellevue
AECCommercialIndustry News

Bellevue Approves Beam Reach’s 640,000 SQFT Kanon Office Project in Downtown Core

Two 15-story towers planned across a shared podium will add office, retail, and restaurant space in a phased development Downtown Bellevue continues to...

Bellevue skyline
CommercialFinanceIndustry News

xAI Leases 24,800 SQFT at Lincoln Square South in Downtown Bellevue

Elon Musk’s AI venture takes full floor at Kemper Development’s Bellevue Collection office tower Artificial intelligence companies are continuing to reshape the Eastside...

OpenAI
CommercialIndustry News

OpenAI Nearly Quadruples Bellevue Space with 223,000 SQFT City Center Plaza Expansion

ChatGPT maker secures additional square feet as AI firms intensify Eastside presence OpenAI has committed to an additional 223,000 square feet at City...

Rendering of Prisma in Redmond
AECIndustry NewsResidential

Bellwether Housing Prisma Apartment Project in Redmond to Deliver 328 Units Near Light Rail Station

Six-story affordable housing development at 2888 Da Vinci Ave. NE targets 2028 opening with income-averaging model Redmond is advancing its ambitious housing expansion...

Electric photovoltaic solar panels installed on shopping mall building rooftop for production of green ecological electricity. Concept of producing sustainable energy
FeaturedFinanceIndustrialIndustry News

Seattle-Tacoma Industrial Landlords Pivot to Renewals as 80% of Q4 Deals Extend Existing Tenants

Renewal Activity Dominates Q4 2025 as Landlords Offer Extended Concessions and Development Pipeline Contracts Sharply The Pacific Northwest’s industrial real estate market closed...

2026 Pacific Northwest CRE Rising Stars

PNW CRE Rising Stars

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