Meta
Eastside Office Demand Holds Near 3.7MM SQFT as Databricks and OpenAI Anchor Bellevue’s Flight to Quality
A wave of large lease executions led by Databricks converted years of pent-up requirements into signed deals, yet nearly 3.72 million square feet...
Eastside Office Construction Goes Dark in 2026 After 4.9MM-SQFT Wave, With 14.7MM SQFT Waiting in the Wings
The Eastside office market will not deliver a single new building in 2026, a deliberate pause that hands landlords a rare window to...
Snowflake Expands to Floors Seven Through Nine at Bellevue’s Block 6 as Databricks Closes In
Snowflake Inc. is pushing deeper into its Bellevue headquarters, building out three additional floors at the Spring District’s Block 6 just as rival...
Data Center Vacancy Hits Near Zero as AI Demand Outruns Power and Permitting
With vacancy at essentially zero and tenants signing leases three years before space delivers, Digital Realty Chief Executive Officer Andy Power and CBRE’s...
Spear Street to Buy Seattle’s US Bank Center from Blackstone at $280MM, 54% Below 2019 Price
The pending recap of the 944,000-SQFT downtown tower marks one of the starkest writedowns yet on a Seattle trophy office, even as Bellevue...
Puget Sound Office Market Notches First Positive Absorption in Four Years, Even as Layoffs Mount
Vacancy and availability declined simultaneously for the first time in the recovery cycle, but surging tech-sector cuts and a weakening labor market threaten...
Terex to Vacate 190,000 SQFT North Bend Plant, Lay Off 117 as Genie Exit Looms
An equipment maker’s consolidation into Redmond and the Southeast frees up a major Snoqualmie Valley industrial complex even as a hot North Bend...
Pacific Northwest Office Vacancy Eases to 16.79% as Tech Tenants Drive Q1 2026 Leasing Surge
OpenAI, Uber, Meta and General Motors anchored a quarter of large deals across Seattle and Bellevue as conversions thin the obsolete stock Leasing...
UK Hyperscaler Nscale Leases 24,000 SQFT at The Eight in Bellevue, Plans Hundreds of Hires
Fresh off a $2 billion Series C round, the Nvidia-aligned data center startup will plant its U.S. engineering flag in downtown Bellevue, joining...
Invesco Lists 99-Unit Saffron Mixed-Use Asset in Sammamish at $54.3MM Appraised Value
JLL and Newmark are marketing the value-add multifamily and 47,304-SQFT retail center in one of the Eastside’s most supply-constrained submarkets. Invesco Real Estate...
Apple Closes In on 195,000 SQFT Arbor Blocks Lease, Doubling Down on Seattle’s South Lake Union as Meta Retreats
The iPhone maker is in advanced talks to take the second Arbor Blocks building in Seattle, a deal that would lock in nearly...
Henbart Lists 44-Unit 101 Broadway in Seattle’s Capitol Hill, Pitching Assumable Debt Across From Light Rail
The 2017-built podium asset designed by Studio Meng Strazzara enters a Seattle multifamily market that brokers say has shifted from correction to recovery....
