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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...

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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...

office desks graphic
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...

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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...

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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...

office building facade
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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CommercialIndustry NewsLeasing

Trase Hunts for 100-Person Seattle-Area Office After $107MM Seed Round as AI Leasing Surges

Trase, a McLean, Virginia-based artificial intelligence startup with half its team already in the Puget Sound region, is searching for a Seattle-area office...

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FeaturedFinanceIndustry News

Washington Leads Nation in Q1 GDP Growth at 4.5% on Tech Strength

Washington’s economy expanded at a 4.5 percent annualized rate in the first quarter of 2026 — the fastest of any state — as...

text reading AI
CommercialFeaturedIndustry NewsLeasing

Seattle Ranks as Nation’s No. 3 AI Metro in Hubble Study as Tech Tenants Anchor Puget Sound Office Recovery

Hubble’s new ranking of the most AI-ready U.S. metros names Seattle the country’s third-strongest AI hub and the highest-scoring market outside the Bay...

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AECIndustry NewsResidential

Construction Continues on Carmel Partners’ 573-Unit Overlake Village Mixed-Use Development in Redmond 

A major transit-oriented apartment project is cresting the roofline in Redmond’s Overlake neighborhood, reaching its structural topping milestone at a moment when two...

Bellevue Skyline
FeaturedIndustry NewsLeasing

CoreWeave Incerases Downtown Bellevue Footprint to 36,000 SQFT, Extending the Eastside’s AI Boom

The Nvidia-backed cloud company expands at One Bellevue Center barely a year after planting its first Pacific Northwest flag, joining a wave of...

2026 Pacific Northwest CRE Rising Stars

PNW CRE Rising Stars

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