Lake Union
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...
Hudson Pacific’s Seattle Portfolio Bets on Quality as Puget Sound Logs First Positive Absorption in Three Years
The REIT owns nine Seattle buildings anchored by a 667,724-SQFT Amazon lease, but half the Pioneer Square portfolio sits below 40 percent occupied...
Alexandria Real Estate Slashes Dividend 45% as Life Science Downturn Forces Strategy Shift
The pioneering life science REIT posts its fifth consecutive quarterly loss while accelerating asset sales to shore up balance sheet Alexandria Real Estate...
Wing Point Partners Secures Long-Term 120,000 SQFT Lease with CSR Marine at Ballard Mill Marina in Seattle
Seattle investment firm renews nearly 120,000-square-foot agreement with marine repair tenant at historic 16-acre waterfront property Wing Point Partners has signed CSR Marine...
19-Unit Serpentine Apartments in Seattle Listed at $6MM With $106,000 Annual Rent-Growth Potential
Kidder Mathews markets 19-unit Spanish-Mediterranean property in Wallingford at $315,800 per unit Multifamily properties built before 1940 represent a shrinking share of Seattle’s...
Swift Real Estate Pivots to Residential Play at 425 Pontius as Seattle Office Market Transforms
Three years after buying a South Lake Union building for renovation, the firm faces financial pressure and a radically different plan In 2022,...
