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AECCommercialIndustry News

Microsoft Files Plans for 95,000 SQFT R&D Building on Redmond’s Union Hill Road

Microsoft has reportedly filed a pre-application permit for a new 95,000-square-foot engineering and research-and-development building on Union Hill Road in Redmond, adding a...

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AECIndustry NewsResidentialRetail

After Decades of Delay, 21-Acre High Street Collection Breaks Ground in Issaquah Following New Development Agreement

Construction has finally started on Issaquah Highlands' long-dormant High Street Collection, ending a saga that ran from an abandoned Microsoft campus through a...

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FeaturedIndustry NewsResidential

Seattle Leads Nation in Pending Home-Sales Drop as Tech Layoffs Rattle Buyers

Seattle recorded the nation's steepest drop in pending home sales in July as tech-sector layoffs and a median price near $810,000 pushed cautious...

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AECCommercialFeaturedFinanceIndustry News

Microsoft Stretches Data Center, Office Building Depreciation to 25 Years, Reshaping $175B CapEx Plan

The software giant told analysts on its fiscal fourth-quarter earnings call that lengthening the accounting life of its global data centers and offices...

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CommercialFeaturedIndustrialIndustry NewsLeasing

Seattle CBD Land Values Fall 47%, Bellevue Rises 1.72% in King County Revalue

King County’s 2026 commercial revalue stripped $3.12 billion from the county’s assessed commercial base, and a single appraisal area covering downtown Seattle and...

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CommercialFinanceIndustry News

Anatomy of a Default: How a $229MM Bellevue Office Loan Went From 3.40x Coverage to Foreclosure

A single-tenant office loan that looked untouchable at origination has become one of the Puget Sound’s clearest tests of how far trophy values...

Skyline of Bellevue Washington
CommercialFinanceIndustry NewsLeasing

Schnitzer West Moves to Reacquire 750,000 SQFT Bravern Office Complex in Bellevue After Microsoft Exit and QSuper Default

Schnitzer West is buying back the two-tower Bravern Office Commons it built and sold more than a decade ago, stepping in to reposition...

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AECCommercialFeaturedFinanceIndustry NewsLeasing

Bellevue Anchors Puget Sound Office Rebound as Regional Vacancy Climbs to 23.4% in Q2 2026

A widening split defined the Puget Sound office market in the second quarter of 2026, with Bellevue’s AI-fueled leasing surge and a thinning...

Washington capitol building in Olympia
CommercialFeaturedIndustry NewsLeasing

Ferguson’s 26-Member Economic Council Carries a Permitting Mandate as Downtown Seattle Vacancy Hits 36.5%

Gov. Bob Ferguson’s newly created Governor’s Economic Development Council arrives with an explicit charge to dismantle regulatory barriers to growth, seating six members...

office interior
CommercialIndustry NewsLeasing

Worldscape AI Leases 15,000 SQFT at The Offices at Riverpark in Redmond as AI Demand Powers Eastside Rebound

Worldscape AI, a recently funded Redmond startup building data infrastructure for artificial-intelligence systems, has leased 14,975 square feet at The Offices at Riverpark,...

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CommercialIndustry NewsLeasing

Perkins Coie Signs New 14,000 SQFT Lease at Bellevue’s City Center Plaza, Deepening Eastside Footprint

One of Seattle’s largest law firms is expanding its presence across Lake Washington, signing a new lease for 13,787 square feet at City...

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CommercialIndustry NewsLeasing

Tata Lands 41,429 SQFT Lease at Redmond’s RidgePointe Corporate Center, Largest Eastside Office Deal Outside Bellevue in Q2 2026

Tata has committed to 41,429 square feet at Redmond’s RidgePointe Corporate Center, a new lease that ranks as the largest Eastside office transaction...

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