KKR
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...
Kennedy Wilson Buys 204,500 SQFT Industrial Building in Auburn for $43.8MM
By Kate Snyder An industrial property in Auburn traded hands recently, showing that the region continues to see sales transaction activity. The property...
Seattle’s Life Sciences Market Update: New Leases, VC Funding, and Developments
Seattle’s life sciences sector remains one of the most dynamic components of the city’s economy, even as overall investment levels adjust from the...
KKR’s 330 Yale in Seattle Bets on Speculative Lab Space to Fill Vacant Space
The owner of 330 Yale, a nine-story, 211,000-square-foot life science building in Seattle, is investing heavily to attract tenants amidst a challenging market....
