Office
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...
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...
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...
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...
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.
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...
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 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...
Seattle CBD Land Values Fall 47%, Bellevue Rises 1.72% in King County Revalue
King County’s 2026 commercial revalue stripped $3.12 billion from the county’s assessed commercial base, and a single appraisal area covering downtown Seattle and...
Wells Fargo Sees Rates Higher for Longer as AI Data Centers Anchor Commercial Construction
Wells Fargo's latest U.S. outlook warns that stubborn inflation and a more hawkish Federal Reserve will keep borrowing costs elevated into 2027, sustaining...
Schrödinger Renews 17,000 SQFT at Downtown Portland’s One Main Place
A computational drug-discovery firm’s decision to stay put underscores CBRE’s read that science and tech tenants are anchoring the central city. Schrödinger, the...
Proptech Firm OneApp Takes 16,000 SQFT at Portland’s Field Office
A technology-oriented tenant has committed to a full floor at one of Portland’s newest creative-office campuses, a signal that demand from software occupiers...
