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Bellevue Readies Draft Policies for Factoria as Eastside Office Rents Climb and Mall Redevelopment Advances

The city's Great Neighborhoods planning process enters the Refine phase with a May 7 open house, setting a 10- to 20-year blueprint for...

data center servers
AECCommercialFeaturedIndustrialIndustry News

Five Large-Scale Data Centers Proposed in Seattle With Combined 369 MW Demand, Forcing Utility to Rewrite Large-Load Contracts

Seattle City Light will require the facilities to source their own power and fund infrastructure upgrades, as the proposals would consume nearly 10...

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CommercialIndustry NewsLeasing

Uber More Than Doubles Puget Sound Presence with 170,000 SQFT Lease at Four106 in Bellevue

Ride-hailing giant commits to one of the largest office deals in downtown Bellevue in recent years, bringing its total regional footprint to more...

Street view of the central shopping area of Redmond Towncenter downtown.
CommercialFeaturedIndustry NewsLeasing

Redmond Office Vacancy Plunges From 20.8% to 6.4% in Q1 2026 in Sharpest Single-Quarter Drop Across Puget Sound

The dramatic 1,440-basis-point contraction reflects renewed commitment from major technology tenants along the Willows Road corridor and positions Redmond as one of the...

Worker in an office
CommercialFeaturedIndustry News

Spring Break Rebound Pushes U.S. Office Occupancy Past 54%, but a Stark Regional Divide Persists

The latest Kastle Systems data reveals accelerating return-to-office momentum nationally, with Texas metros nearing pre-pandemic attendance and Class A+ buildings approaching full capacity—while...

Water fountain in Bellevue, Washington
CommercialFeaturedIndustry NewsLeasing

New-to-Market Tenants Drive 85% of New Eastside Office Demand as 45 Active Requirements Top 1.69MM SQFT

Broderick Group's Q1 2026 report reveals a structural shift in the Eastside tenant pipeline, with AI companies, professional services firms, and growth-stage enterprises...

Skyline of Bellevue Washington
CommercialFinanceIndustry NewsLeasing

Eastside Office Market Holds Steady at 21.9% Vacancy as Tenant Base Diversifies and Supply Tightens

Broderick Group's Q1 2026 report finds the first signs of a vacancy peak across the 43-million-square-foot Eastside market, with AI companies, professional services...

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FinanceIndustry NewsResidential

Bell Partners Acquires 177-Unit Milehouse Apartments in Redmond for $78.5MM from UDR

The Greensboro, N.C.-based multifamily investor continues to expand its Seattle-region portfolio with its acquisition of the downtown Redmond mixed-use apartment community, which UDR...

Space Needle between two apartment buildings in Seattle
FeaturedFinanceIndustry NewsResidential

Puget Sound Apartment Market Hits $6 Billion in Transaction Volume as Institutional Investors Return to the Region

The Simon | Anderson Multifamily Team at Kidder Mathews delivered its spring market outlook at its 26th investor forum, citing a surge in...

Construction beam lifted
AECFinanceIndustry NewsResidential

210-Unit Permit-Ready Onyx Townhomes Development Site Hits Market in Redmond With March Call for Offers

Fully entitled 11.4-acre site near Microsoft headquarters and Redmond Technology Station light rail targets builders seeking shovel-ready residential opportunity on the Eastside A...

Skyline of Bellevue Washington
FinanceIndustry NewsResidential

TPG Angelo Gordon Lists for Sale 80-Unit Renovated Multifamily Property in Downtown Bellevue

The renovated multifamily property sits within walking distance of light rail and the Eastside's largest tech employers An 80-unit multifamily property in downtown...

zac-gudakov-ejL8-QT7h64-unsplash-redmond
CommercialFinanceIndustry News

Nicola Real Estate Sells 34,873-SQFT Studio 7500 Office Building in Redmond Town Center for $23MM

The transit-adjacent, net-leased property is fully occupied by a Volkswagen subsidiary and subleased to cybersecurity firm CrowdStrike, offering the new owner secured cash...

2026 Pacific Northwest CRE Rising Stars

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