Lake Union
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...
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...
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...
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...
Sequel Investment Company, Evergreen Gavekal Pay $35.05MM for 95-Unit East Howe Steps in Seattle’s Eastlake
IPA brokers the $35.05MM sale of East Howe Steps, a 95-unit mixed-use Eastlake apartment complex, and arranges acquisition financing.
Magnolia Medical Technologies Takes 10,000 SQFT at Queen Anne Square as Seattle Lab Vacancy Climbs to 19%
Magnolia Medical Technologies, the Seattle diagnostics company whose Steripath device reduces false-positive blood culture results in sepsis testing, has committed to 9,751 square...
Seattle Life Sciences Vacancy Spikes to 19% as Alexandria Converts Lab Site to Apartments and Astellas Exits Stem Cell Operation
Seattle's life sciences vacancy rate surged 540 basis points year over year to 19 percent in the second quarter as new lab space...
Superhuman Inks 10,200 SQFT Lease at Dexter Landing South in Seattle’s Westlake Neighborhood
Superhuman, the AI productivity platform that emerged from Grammarly’s rebranding, has signed a lease for 10,200 square feet at Dexter Landing South in...
Wing Point Partners Launches $11.8MM Charter Boat Passenger Terminal at 16-Acre Ballard Mill Marina in Seattle
Wing Point Partners will convert the last surviving lumber-drying kiln at the historic Ballard Mill Marina into a public passenger terminal for charter...
A Shot in the (Life Science) Arm for Puget Sound
Eli Lilly's $1.5 billion cash deal for Bothell-based Curevo Vaccine is the kind of validating, capital-attracting exit Puget Sound's life sciences cluster has...
Alexandria’s 701 Dexter Crosses Toward Stabilization As Seattle Lab Demand Reawakens
Lake Union flagship anchors Alexandria's bet on the region's institutional research base while peripheral inventory languishes. Seattle's life science real estate market is...
Kilroy’s Seattle Portfolio Holds Steady at 79.3% Occupancy as REIT Posts Best Q1 Leasing Since 2017
Puget Sound holdings outperform the broader Seattle office market as Eastside and AI-driven leasing activity reshapes the region; Kilroy lifts 2026 FFO guidance...
