JLL
WeWork Report Finds 9.9% Footprint Growth as Seattle and Portland Coworking Markets Expand
WeWork's mid-year analysis of its global membership shows companies quietly expanding the space they hold without signing bigger deals, a pattern arriving in...
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...
Nuveen Real Estate Picks Up Three Puget Sound Shopping Centers in $445.5MM, 1.9MM SQFT Western Retail Portfolio Deal
Nuveen Real Estate has acquired a 13-property open-air retail portfolio spanning Washington, California and Colorado for $445.5 million, picking up grocery-anchored centers in...
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...
Judge Tosses DekaBank’s $17.2MM Repair Claim Against Blackstone at 315,000 SQFT Exchange Building in Seattle, Lets $30MM Guaranty Fight Proceed
A New York court has thrown out DekaBank's bid to make a Blackstone fund pay for projected repairs at Seattle's half-empty Exchange Building,...
Dorsey & Whitney Signs 46,000 SQFT Lease at Seattle’s Tower 1201 as Downtown Posts First Positive Absorption Since 2021
Dorsey & Whitney, the Minneapolis-founded law firm with a Seattle office at Columbia Center, signed a 46,000-square-foot new lease at the 55-story Tower...
Port Terminal Operator Carrix Takes Four Floors for New HQ at Urban Visions’ Long-Vacant 146,000 SQFT The Jack in Seattle’s Pioneer Square
Carrix, the Seattle-based parent of port terminal operator SSA Marine, is moving its headquarters into four floors of The Jack at 74 S....
Western Washington University to Pay $12.5MM for Former St. Luke’s Hospital Campus in Bellingham
A deal that drew interest from affordable housing developers ends years of debate over one of Bellingham’s most visible vacant properties and puts...
Lincoln Property, DRA Advisors Buy 299,000 SQFT Portland Industrial Portfolio for $45.25MM
The five-building portfolio, marketed by JLL as fully leased Class B distribution space with a 3.8-year weighted average lease term, changed hands as...
Kimco Realty Buys 87,000 SQFT Canyon Ridge Plaza in Kent for $19MM
The $19 million sale of Canyon Ridge Plaza closed about $2 million below Northmarq’s $21.15 million asking price, as Kidder Mathews reports Puget...
Healthcare Occupier’s 261,000 SQFT Move-In at Longacres Gives Renton Puget Sound’s Largest Q3 Office Absorption Gain
A confidential healthcare occupier filled 261,000 square feet across two buildings at Renton's Longacres office campus in the third quarter, handing Renton 309,000...
DuPont Becomes Puget Sound’s Only 100% Vacant Office District as 349,000 SQFT Former State Farm Campus Sits Empty
CBRE's third-quarter survey shows DuPont is the only district in Puget Sound with every square foot of its office stock empty, a figure...
