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AECCommercialIndustry NewsLeasing

Meta Reverses Course Again, Puts 212,000 SQFT Block 13 Tower up for Sublease in Bellevue

CBRE has hit the market with the full 212,128 square feet of Meta's shell-condition Block 13 tower in Bellevue's Spring District, a sublease...

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AECCommercialFinanceIndustry News

Thurston County Opens 56,000 SQFT Sheriff’s Headquarters in Former State Parks Building After $14.25MM Tumwater Buy

A former state agency headquarters near Interstate 5 has become the long-sought single home for Thurston County's law enforcement operations, financed entirely outside...

Bellevue skyline with mountains in the background
CommercialFinanceIndustry News

Trimark Property Group Sells 42,000 SQFT Eastside Office Center for $13.89MM in Bellevue

MJMS Bellevue pays $13.89 million for the fully leased Eastside Office Center as I-90 corridor vacancy holds above 40 percent.

Bellevue Washington Cityscape and Meydenbauer Bay Aerial View
CommercialFinanceIndustry NewsLeasing

Brookfield Lands $210MM Refinancing on Meta-Leased Bellevue Offices as KBRA Values 543,000 SQFT Complex 33% Below Appraisal

Brookfield Premier Real Estate Partners is refinancing two Spring District office buildings fully leased to Meta with $210 million in new CMBS debt,...

Seattle skyline from Elliott Bay
CommercialIndustry NewsLeasing

Recorded Memo Reveals Anthropic’s 113,000 SQFT Dexter Yard Lease in Seattle Runs 11 Years With Option to Buy

A memorandum of lease recorded with King County lays bare the long-term structure of Anthropic's Dexter Yard commitment, showing a 133-month term, two...

Seattle skyline from the waterfront
CommercialIndustry NewsLeasing

Hudson Pacific Rides Seattle Leasing Momentum as Downtown Vacancy Drops for First Time in Six Years

Hudson Pacific Properties said its Seattle portfolio now carries more deals in negotiation than any other market it owns, as fresh leases from...

High angle aerial view of Puget Sound, seen from downtown Seattle.
CommercialFeaturedIndustry NewsLeasing

Kilroy’s Seattle and Bellevue Portfolio Tightens as Westgate Lands 150,000 SQFT in New Leases

The real estate investment trust reported intensifying competition for scarce high-quality space in Bellevue and a sharp pickup in leasing across its South...

Lab equipment
CommercialFeaturedIndustry NewsLeasingLife Science

Alexandria Names Seattle Among Top Markets for Advanced Technology Demand as Lab Pipeline Shrinks 20%

Alexandria Real Estate Equities singled out Seattle as one of three markets where advanced technology tenants are absorbing buildings the REIT once planned...

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CommercialFinanceHospitalityIndustry News

Steinhauer Properties Refinances 209,000 SQFT Office and 282-Room Hotel for $107MM in Seattle

Steinhauer Properties refinances its 255 South King Street office and Embassy Suites hotel complex in Seattle for $107 million.

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CommercialFeaturedIndustry NewsResidential

King County Assessor Candidates Line Up Behind Homestead Exemption That Would Shift Tax Burden to Commercial Owners

The four candidates running to replace John Wilson as King County assessor have coalesced around a universal homestead exemption that would cut tax...

Sparks from metal work
AECCommercialFeaturedIndustrialIndustry NewsPortland

Washington County, Tualatin Float SIP Tax Break to Anchor Lam Research’s $1.7B TuX Expansion

Washington County and the City of Tualatin have proposed a Strategic Investment Program tax abatement designed to lock in as much as $1.7...

Seattle skyline from the waterfront
AECCommercialIndustry News

Seattle Landmarks Board Weighs Historic Status for 111,000 SQFT McKinney Center in Central District

A city board will decide next week whether to advance historic protection for a six-story Central District property that began as a Black-led...

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