Office
Seattle Cuts REET Forecast by $19.5MM in Sixth Straight Downgrade as Rising Rates Squeeze Property Sales
Seattle's revenue forecasters pared back the city's three-year real estate excise tax outlook for the sixth consecutive time, warning that stubborn inflation, a...
Crusoe’s 46,000 SQFT Key Center Expansion Puts AI at the Front of a Bellevue Market Running Short on Big Class A Blocks
CBRE's third-quarter 2026 Seattle office report places Crusoe Energy Systems' 46,000-square-foot expansion at Kilroy Realty's Key Center among the quarter's defining deals, a...
Prosper Portland’s 120,000 SQFT Workshop Blocks B Rises on SE Water Avenue, Targeting 2027 Delivery
The 120,000-square-foot project on SE Water Avenue is the largest office-classified building under construction in the Portland market, with delivery slated for the...
Eastside Sublease Space Jumps 14% to Nearly 1.3MM SQFT on Meta and Bungie Givebacks as Downtown Seattle’s Shrinks 20%
Sublease availability is moving in opposite directions across Lake Washington, rising 13.6 percent on the Eastside as Meta and Bungie put large blocks...
Anthropic Adds 46,000 SQFT at Seattle’s Dexter Yard, Building on 113,000 SQFT Lease
Anthropic took a 46,000-square-foot expansion at BioMed Realty's Dexter Yard in Seattle's Lake Union district during the third quarter, according to CBRE, adding...
Portland Office Vacancy Posts Largest Drop Since 2022 as Class A Absorbs 271,000 SQFT and Older Buildings Lose Ground
Class A towers delivered Portland's largest quarterly vacancy drop since 2022, while Class B and C buildings kept losing tenants and downtown direct...
Issaquah Taps Final $3.4MM to Ready 21,000 SQFT Maple Street Office Building for 2027 City Hall Move
Issaquah is spending the last $3.4 million of a $16.3 million one-time-funded budget to reroof, wire and furnish the former Ednetics Building in...
Private Investor Pays $6.6MM for 23,000 SQFT Creekside Professional Center, Topping Investor Office Pricing in Puget Sound’s Northend
A private investor, Northwest Professional Centers, LLC, paid $6.6 million for the 22,658-square-foot Creekside Professional Center in Mill Creek, the highest price per...
KBS Sells 107,000 SQFT Offices at Riverpark in Downtown Redmond to Palisade Group, Olive Point Joint Venture for $27.5MM
A Class A office building a short walk from downtown Redmond’s new light rail station has changed hands. It is the latest test...
AI Demand Steadies Puget Sound Office Market as Vacancy Settles at 23.3%
Kidder Mathews' third-quarter 2026 report shows the Puget Sound office market logging 113,000 square feet of positive net absorption on the strength of...
K&L Gates Renews 99,000 SQFT at Seattle’s Fourth & Madison as Downtown Renewals Quadruple
K&L Gates, the firm behind Seattle's oldest law office, renewed 98,544 square feet at the 40-story Fourth & Madison tower in the third...
Former Ziba Design Headquarters at 810 NW Marshall in Portland’s Pearl District Sells to Owner-User
The former Ziba Design headquarters at 810 NW Marshall in Portland's Pearl District sells to an owner-user after a lender-directed sale process.
