Office
DuPont Becomes Puget Sound’s Only 100% Vacant Office District as 349,000 SQFT Former State Farm Campus Sits Empty
CBRE's third-quarter survey shows DuPont is the only district in Puget Sound with every square foot of its office stock empty, a figure...
Class A Office Captures Over 80% of Puget Sound Leasing, Its Highest Share Since 2021, as Rents Stay Flat
Tenants signing office leases across Puget Sound in the third quarter chose top-tier buildings more decisively than at any point in at least...
Puget Sound Cap Rates Hold Near 5.5% as 10-Year Treasury Tests 5%
With the 10-year Treasury yield sitting around 5 percent and the Federal Reserve back in tightening mode, Puget Sound apartment and industrial cap...
Redmond and Kirkland Post Single-Digit Office Vacancy While Bellevue CBD Sits at 26%
While downtown Bellevue's trophy towers carry the region's highest rents and a 26 percent vacancy rate, Redmond and Kirkland have quietly become the...
Thriftbooks Signs 15,000 SQFT Lease at Tukwila’s 6400 Corporate Center, the Seattle Suburbs’ Lone Q3 Office Deal Above 10,000 SQFT
Online used-book seller Thriftbooks signed a 15,114-square-foot new office lease at 6400 Corporate Center in its hometown of Tukwila, the only new suburban...
Superhuman Opens 14,000 SQFT Office at Dexter Landing South, Leaves University District Coworking Behind
Superhuman, the AI productivity company formerly known as Grammarly, has moved its Seattle team out of a University District coworking suite and into...
Wood Harbinger Signs 10,000 SQFT Lease at Bellevue’s Hidden Valley Office Park
Employee-owned engineering firm Wood Harbinger has signed a 10,012-square-foot new lease at Hidden Valley Office Park on 112th Avenue NE, a midsize Bellevue...
Westside Behavior Therapy Buys 18,000 SQFT Twin Oaks Plaza in Beaverton for $4.1MM
Westside Behavior Therapy pays $4.1 million, or $227.78 per square foot, to own its space in a Washington County submarket where direct office...
5 Cedars Buys 21,000 SQFT Belcher-Vancouver Building in Cascade Park for $3.5MM
5 Cedars, LLC acquires a fully leased, 20,904-square-foot Class B office building near SE Mill Plain Boulevard as Cascade Park posts one of...
Nitze-Stagen Lands Up to $97.5MM Prime Finance Bridge Loan on 396-Unit 900 Rainier, 59,000 SQFT Historic Office in Seattle
Nitze-Stagen's O.Z. Navigator venture has tied its newly opened 396-unit 900 Rainier apartments and the century-old 1130 Rainier office building in Central Seattle...
Lake Oswego’s Kruse Way Leases 128,000 SQFT at Metro-High $43.32 Rents Despite 18.1% Office Vacancy
Lake Oswego's Kruse Way corridor commands $43.32 per square foot and just posted one of the metro's strongest quarters of leasing, even as...
Two Undisclosed Tenants Lease 88,000 SQFT at The VIC, Quarter’s Largest Office Deals in Portland Market
Two undisclosed tenants commit to 55,295 and 32,652 square feet at the former Hewlett-Packard campus in August, the quarter's two largest office leases...
