KKR
Puget Sound Eastside Industrial Vacancy Climbs to 7.4% as Absorption Turns Negative in 2025
Rising vacancy, limited construction, and a shift toward smaller deals defined the Eastside industrial market in the fourth quarter The Puget Sound Eastside...
Meta Reverses Course on 212,000 SQFT Block 13 in Bellevue’s Spring District, Filing Permits for Full Buildout After Two Years Vacant
After leaving its ninth Spring District building in shell condition since 2024, the tech giant’s decision to occupy the $168.5MM tower signals a...
Eastside Office Market Enters 2026 With 4.3MM SQFT in Active Tenant Demand as Recovery Takes Hold
Sublease vacancy drops to its lowest point since early 2022 while big tech recommits to in-office presence across the Bellevue CBD and surrounding...
Amazon Restarts Construction on 611,000 SQFT Bellevue Tower as Eastside Office Market Rebounds
Tech giant’s decision to resume work on the skyscraper signals confidence in suburban office strategy Amazon.com Inc. has filed permits to resume construction...
Meta’s Spring District Retreat: Bellevue’s Office-to-Apartment Pivot Gathers Steam
Developer Wright Runstad pivots abandoned tech campus sites to housing as sublease glut reshapes Bellevue’s largest mixed-use project When Meta Platforms signed an...
Gaw Capital Acquires Bellevue’s Bellefield Office Park for $87.5MM in Deed-in-Lieu Transaction
Gaw Capital Partners acquired a 550,000 square foot campus in Bellevue for $87.5 million through a deed-in-lieu of foreclosure, highlighting a surge in...
Eastside Office Market Shows Cautious Optimism Despite Persistent Vacancy Challenges
Even with elevated vacancy rates hovering above 20 percent, new tenant activity and emerging growth signals suggest the Seattle-area office market may be...
Drawbridge, KKR & Global Atlantic Buy Spring District’s Block 13 Meta-Leased Property in Deal Valued $193MM
(EDITOR’S NOTE: According to sources with knowledge of the transaction details, the property trade was valued around $910 per square foot, or approximately...
Shorenstein, Wright Runstad Transact Three Spring District Properties in Bellevue to Blackstone and Drawbridge Realty
(Editor’s Note: According to industry reports, Blackstone acquired a 40 percent stake each in Blocks 5 and 6, and the combined value of...
UW Medicine’s Institute for Protein Design Leases 32,000 SQFT at 330 Yale in Seattle
The new lease is the first major life sciences lease in Seattle this year Seattle – April 7, 2024 – CBRE announced it...
Seattle Life Sciences Market Poised for Growth Amidst Rising Investment and Development
Seattle’s life sciences sector continues to expand, driven by strong venture capital investment, strategic acquisitions and steady employment growth, according to a recently...
Pine Forest Properties Buys 204,300 SQFT Warehouse Property in Everett for $51MM
By Kate Snyder An industrial property in Everett that serves as an Amazon fulfillment center has traded hands, according to Snohomish County public...
