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Google, Alphabet Inc, Meta, Amazon, Microsoft, Puget Sound, San Francisco, Kidder Mathews, Seattle, Bay Area
CommercialIndustry News

Google Anticipates $500MM in Exit Costs Related to Consolidating Office Space in the First Quarter of 2023

By Kate Snyder As tech companies look to decrease their office footprints, Google’s parent company, Alphabet, Inc., announced that it anticipates absorbing about...

ByFebruary 6, 2023
CommercialFeaturedIndustry News

Gensler Survey Indicates Experience-Based Spaces Could be the Future of the Workplace

By Catherine Sweeney  As more and more companies continue to evaluate their office space needs, a new report from Gensler is showing how...

ByJanuary 27, 2023
CommercialIndustry News

Microsoft Announces More Possible Cuts to Office Space

By Kate Snyder As the Puget Sound grapples with tech companies dropping office space, Microsoft has heralded that more could be to come,...

ByJanuary 25, 2023
CommercialFeaturedIndustry News

Amazon, Microsoft & Meta Closing Offices Will Make a Big Dent in the Puget Sound Office Market

By Vladimir Bosanac The Patagonia vest recession, a current economic condition that New York University Stern School of Business Professor Scott Galloway aptly...

ByJanuary 20, 2023
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CommercialIndustry News

Meta Plans $2B in Charges to Get Out of Leases in 2023, Already Spent $1.3B in Second Half of 2022

By Vladimir Bosanac The economic realities are hitting one of the world’s largest technology firms. In its third-quarter earnings call earlier this week,...

ByOctober 28, 2022
CommercialFinanceIndustry News

Meriwether Partners Places 62,000 SQFT Russell Hall in Seattle’s U District up for Sale

By Jon Peterson Meriwether Partners, with company offices in both Seattle and Portland, has made the decision to place on the market for sale...

ByAugust 5, 2022
AECCommercialIndustry News

Meta’s Building Z in Redmond Marks Tech Company’s Latest Statement of Intent in Eastside City

By Jack Stubbs Tech giant Meta has for a long while had a significant presence along Willows Road in Redmond, Wash., roughly two...

ByAugust 1, 2022
FinanceIndustry NewsNews ReleasesResidential

Rise Properties Trust Sells 47-Unit Luxury Apartment Property in Issaquah for $30.4MM 

(EDITOR’S NOTE: According to King County public records, the property was sold by Rise Properties Trust for $30.4 million, or about $646,808 per unit. The...

ByMay 9, 2022
CommercialFinanceIndustry NewsLife Science

BioMed Realty Spends $151.5MM on Another Seattle Property, Buying Meta-Occupied 1101 Westlake

By Meghan Hall Two institutional investors have struck a deal for a Seattle office asset. In a transaction that was finalized today, Invesco...

ByApril 29, 2022
Broderick Group, Snap Inc., Bellevue, Amazon, Meta, Microsoft
CommercialIndustry News

Report: Eastside Office Recovery Once Again Delayed by Coronavirus Pandemic

By Meghan Hall The new year was jam-packed with optimism, especially from those in the office sector who believed that companies would finally...

ByApril 21, 2022
Broderick Group, Oculus VR, Meta, CBRE, US Bank Center, Stadium Innovation Center, Seattle
CommercialIndustry News

Report: Seattle Office Market Lays Ground for Recovery

By Meghan Hall Like many core, urban markets around the country, Seattle sat largely frozen as waves of the pandemic continued to arise....

ByApril 15, 2022
CommercialFeaturedIndustry News

Report: Outlook for Eastside’s Commercial Office Market Positive as Big Tech’s Domino Effect Remains in Motion

By Meghan Hall The Eastside’s commercial office market had so much momentum prior to the pandemic, that even as COVID-19 spread, it was...

ByJanuary 11, 2022

2026 Pacific Northwest CRE Rising Stars

PNW CRE Rising Stars

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OpenAI, Uber Anchor 3.4MM SQFT Leasing Surge as Puget Sound Office Market Turns Corner in 2026

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