Kirkland
Eastside Office Demand Holds Near 3.7MM SQFT as Databricks and OpenAI Anchor Bellevue’s Flight to Quality
A wave of large lease executions led by Databricks converted years of pent-up requirements into signed deals, yet nearly 3.72 million square feet...
Seattle Apartment Deliveries Plunge 53% in 2Q 2026 as Construction Pipeline Thins Into 2027
Seattle’s multifamily developers delivered barely half the apartments they finished a year ago, and with only a handful of towers still racing toward...
Bellevue Anchors Puget Sound Office Rebound as Regional Vacancy Climbs to 23.4% in Q2 2026
A widening split defined the Puget Sound office market in the second quarter of 2026, with Bellevue’s AI-fueled leasing surge and a thinning...
MRM Capital Sells 34,000 SQFT Office Building in Kirkland for $15.8MM
MRM Capital, the Bellevue family office that invests on behalf of the Razore family, has closed out a six-year hold on a downtown...
AI-Driven Alpha School Leases 13,000 SQFT at Talon’s Kirkland Ascent, Advancing Lease-Up of 2024 Office Delivery in Kirkland
The Alpha School, an AI-powered private school chain expanding across the country from its Austin base, has leased 13,496 square feet at Kirkland...
Kids Gym and STEAM Operator Hunts 2,700-to-5,500 SQFT Across Six Puget Sound Markets on 10-Year Terms
A children’s fitness and STEAM education operator is scouring six of the Puget Sound’s tightest retail submarkets for a high-ceilinged box between 2,700...
Washington Inventory Climbs 16.4% as Summer Sales Rebound, NWMLS Reports for June 2026
Buyers across Washington gained their widest selection of homes all year in June 2026 as active listings surged 16.4 percent year over year,...
Kirkland Office Rents Hold Above $46 in Q2 2026, Trailing Only Downtown Bellevue as Vacancy Ticks Up
Kirkland cemented its status as the Eastside’s second-priciest office submarket in the second quarter of 2026, commanding gross asking rents above $46 even...
Eastside Office Market Turns a Corner in Q2 2026 as Absorption Goes Positive, But 21% Vacancy Lingers
The Eastside office market recorded its first meaningful positive absorption in more than a year during the second quarter of 2026, absorbing nearly...
KKR Buys 195-Unit CRU at Willows 124 in Redmond for $94MM, Betting on Eastside AI Job Growth
KKR emerged as the buyer of a newly delivered 195-unit Redmond apartment community that traded for $94 million, or $482,051 per unit, in...
Puget Sound’s $50MM-Plus Building Pipeline Swells to Nearly 60 Projects, Led by Bellevue’s $2.6B Spring District
A new tally of the region’s active construction shows nearly 60 projects each carrying price tags above $50 million, with public infrastructure, airport...
JETSET Pilates Targets Seattle’s Eastside with Search for 1,800 to 2,500 SQFT Studio Sites
The fast-growing boutique fitness franchise is hunting for high-visibility retail space in Redmond, Kirkland, Bothell, Sammamish and Woodinville as smaller-format tenants drive Puget...
