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CommercialFeaturedIndustry NewsLeasingPortland

Portland Office Market Swings Back to Positive Demand in Q2

Portland's office market posted its first quarter of positive net absorption in more than a year as leasing activity climbed to a 12-month...

Aerial Photos of Mercer Island, Washington USA with background shots of Mt. Rainier and the downtown Seattle, WA skyline
CommercialFinanceIndustry News

Sterling Realty Lands $27MM Brookfield Refinancing on 105,000 SQFT Mercer Island Office Building

Sterling Realty Organization has refinanced its Class A office building on Mercer Island with a new Brookfield loan, resetting the debt on an...

Office building facade
CommercialIndustry NewsLeasingPortland

Comcast Renews 87,000 SQFT in Tigard, Portland’s Biggest Office Lease of Q2 2026

The telecom giant's decision to recommit to its longtime Nimbus-area footprint stands as the single largest office transaction in the metro during the...

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...

Seattle skyline with Elliott Bay
CommercialFinanceIndustry News

CW Capital Lists 410,000 SQFT Fourth & Blanchard Tower in Seattle’s Belltown, Targeting Roughly $29MM

CW Capital has put Fourth & Blanchard, the 25-story Belltown tower it seized from Martin Selig Real Estate in a courthouse auction last...

A view of a pier at Gene Coulon Park in Renton, Washington.
CommercialIndustry NewsLeasing

Wizards of the Coast Adds 76,000 SQFT at Renton’s Southport, Expanding the Waterfront Complex It Anchored in 2023

Wizards of the Coast has signed a new lease for 76,000 square feet at Southport on Lake Washington in Renton, taking two additional...

Seattle skyline at dusk
CommercialIndustry NewsLeasing

Qumulo Renews 43,000 SQFT at Seattle’s 1501 Fourth Avenue as the CBD Turns Positive for the First Time Since 2020

Data storage company Qumulo has renewed 43,000 square feet at 1501 Fourth Avenue in downtown Seattle, one of eight key office lease transactions...

Microscope close up
CommercialFeaturedIndustry NewsLeasingLife Science

Magnolia Medical Technologies Takes 10,000 SQFT at Queen Anne Square as Seattle Lab Vacancy Climbs to 19%

Magnolia Medical Technologies, the Seattle diagnostics company whose Steripath device reduces false-positive blood culture results in sepsis testing, has committed to 9,751 square...

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CommercialIndustry NewsLeasing

Stripe Doubles Down on Downtown Seattle with 44,500 SQFT Expansion at Madison Centre

Payment-processing giant Stripe has expanded its downtown Seattle presence at Madison Centre with an additional 44,508 square feet, roughly doubling a footprint it...

Fremont Cut, Lake Union Ballard Locks, Salmon Bay, Olympic Mountains
CommercialIndustry NewsLeasing

Salesforce’s Tableau Renews 114,000 SQFT Lease at Fremont’s DATA 1 Building in Seattle

Salesforce-owned Tableau has renewed its lease for 114,318 square feet at the DATA 1 building in Seattle's Fremont neighborhood, one of the largest...

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