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...
The Art of the Quiet Exit, A Hudson Pacific Story
Hudson Pacific’s COO resigned with the usual boilerplate denial attached—but after a $572 million annual loss, a scrapped dividend and a stock down...
Google-Leased 520 Westlake Tower in Seattle’s South Lake Union Hits Market
The 372,672-square-foot trophy building, delivered in 2022 and fully leased to Google on a long-term basis, tests institutional appetite for Seattle’s strongest office...
Amazon Lands as Tenant Behind 1.2MM SQFT Project Cascade Warehouse in Arlington
The e-commerce giant is set to occupy a Panattoni-developed operations facility straddling the Arlington-Marysville line, even as residents press officials over water and...
Anthropic in Negotiations for 120,000 SQFT Lease at Dexter Yard as AI Startup Doubles Down on Seattle
The Claude maker already holds a 70,000-square-foot short-term lease in the development’s south tower and is now eyeing the north tower for a...
Henbart Lists 44-Unit 101 Broadway in Seattle’s Capitol Hill, Pitching Assumable Debt Across From Light Rail
The 2017-built podium asset designed by Studio Meng Strazzara enters a Seattle multifamily market that brokers say has shifted from correction to recovery....
32-Unit Edric Apartments in West Seattle Hits Market at $12.5MM
The 2021-vintage, 97-percent occupied building is asking $390,625 per unit at a trailing 5.32 percent cap rate, pricing above current Seattle MSA averages....
57-Unit Capitol Hill Studio Building Vitality on Howell Lists at $9.5MM, Priced 15% Below Appraisal
Greenbuild Development affiliate puts 57-unit 2016-vintage asset on the market at $166,667 per unit as Capitol Hill supply pipeline shrinks to 139 units....
Pacific Development Partners Lists 57-Unit Union 18 in Seattle’s Capitol Hill
Santa Monica investor markets two-building, 45,822-SQFT property at 1140 18th Ave with appraised value of $12.7MM, roughly 39 percent below its $20.8MM acquisition...
161-Unit Belltown and Queen Anne Multifamily Portfolio in Seattle Hits the Market for Sale
The Sidney and Queen Anne Flats hit the market as investor appetite returns to Seattle’s urban core, with the combined offering carrying an...
Bellevue Locks In 5,700-Unit Affordable Housing Target as Eastside Tech Boom Strains Market
The seven-year strategy more than doubles the city’s previous goal as record corporate leasing collides with rising rents and a regional construction slowdown....
Bay Area Swallows Q1 Venture Capital as Seattle and Los Angeles Fall Further Behind
OpenAI, Anthropic and xAI concentrate $221.1 billion in Northern California while Southern California and the Pacific Northwest scrape single-digit billions in a market...
