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Industry NewsLeasingLife Science

Lumen Bioscience Leases 39,000 SQFT at Lake Union Center in Seattle’s Wallingford as Lab Vacancy Hits 18.9%

Seattle biologics developer Lumen Bioscience landed the largest notable life sciences lease in the Seattle market in the third quarter, a 39,000-square-foot deal...

High angle aerial view of Puget Sound, seen from downtown Seattle.
Industry NewsLife ScienceResidential

Alexandria’s Seattle Pivot Holds as Q3 Write-Downs Hit Palo Alto, San Carlos and Austin Instead

Alexandria Real Estate Equities' third-quarter results show its Seattle strategy of converting surplus lab sites to housing and courting advanced technology tenants still...

Buildings
CommercialFeaturedIndustry NewsLeasing

Downtown Seattle’s Q3 Office Absorption Ranges From Plus 300,000 SQFT to Minus 116,000 SQFT Depending on the Broker

CBRE says Downtown Seattle's office market absorbed 300,000 square feet in the third quarter, its first positive quarter since 2021, while Cushman &...

Seattle skyline from Lake Union
CommercialIndustry NewsLeasing

Kilroy’s Seattle Holdings Post Company’s Biggest Leasing Gain as Key Center and West8 Fill Up

Kilroy Realty's Seattle and Bellevue holdings delivered the largest leasing gain of any of the landlord's five regions in the third quarter, climbing...

seattle skyline
CommercialFeaturedIndustry NewsLeasing

Class A Office Captures Over 80% of Puget Sound Leasing, Its Highest Share Since 2021, as Rents Stay Flat

Tenants signing office leases across Puget Sound in the third quarter chose top-tier buildings more decisively than at any point in at least...

South Lake Union Seattle
CommercialIndustry NewsLeasing

Superhuman Opens 14,000 SQFT Office at Dexter Landing South, Leaves University District Coworking Behind

Superhuman, the AI productivity company formerly known as Grammarly, has moved its Seattle team out of a University District coworking suite and into...

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LeasingRetail

Cantina Monarca Leases 8,000 SQFT Waterfront Flagship at Vulcan’s Lake Union Piers in Seattle

Bellevue-based Cantina Monarca is crossing Lake Washington with a waterfront flagship of about 8,300 square feet at Vulcan Real Estate’s Lake Union Piers,...

View of Seattle skyline at night
CommercialIndustry NewsLeasing

Anthropic Adds 46,000 SQFT at Seattle’s Dexter Yard, Building on 113,000 SQFT Lease

Anthropic took a 46,000-square-foot expansion at BioMed Realty's Dexter Yard in Seattle's Lake Union district during the third quarter, according to CBRE, adding...

Seattle skyline from the waterfront
CommercialFeaturedIndustry NewsLeasing

Downtown Seattle Office Absorbs 300,000 SQFT, Its First Positive Quarter Since 2021

Downtown Seattle's office market absorbed 300,000 square feet in the third quarter of 2026, its first positive quarter in five years, as law...

Artificial intelligence graphic
CommercialFeaturedIndustry NewsLeasing

Seattle Posts Fastest AI Office Demand Growth but Trails Three-Market Core, VTS Finds

New VTS research shows AI companies entering the office market 27 percent more often than a year ago, but with San Francisco, New...

South Lake Union Seattle
CommercialIndustry NewsLeasing

AI Inference Startup ElastixAI Expands to 25,000 SQFT at Seattle’s West Lake Union Center

ElastixAI, the Seattle chip-and-software startup founded by former Apple and Xnor engineers to cut the cost of running AI models, has taken 24,827...

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CommercialIndustry NewsLeasing

Amazon Vacates 81,000 SQFT at South Lake Union Office as Downtown Seattle Vacancy Hits 35.8%

Amazon has emptied out of a six-story South Lake Union office building it has occupied since 2016, one of two large corporate move-outs...

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