OpenAI
Hudson Pacific’s Seattle Portfolio Bets on Quality as Puget Sound Logs First Positive Absorption in Three Years
The REIT owns nine Seattle buildings anchored by a 667,724-SQFT Amazon lease, but half the Pioneer Square portfolio sits below 40 percent occupied...
Blackstone’s $315B Real Estate Machine Pivots Hard to Data Centers as Traditional Portfolio Treads Water
The world’s largest alternative asset manager is betting its real estate franchise on AI infrastructure while waiting for logistics and multifamily to rebound...
Bellevue Readies Draft Policies for Factoria as Eastside Office Rents Climb and Mall Redevelopment Advances
The city’s Great Neighborhoods planning process enters the Refine phase with a May 7 open house, setting a 10- to 20-year blueprint for...
Bay Area Swallows Q1 Venture Capital as Seattle and Los Angeles Fall Further Behind
OpenAI, Anthropic and xAI concentrate $221.1 billion in Northern California while Southern California and the Pacific Northwest scrape single-digit billions in a market...
AI Set to Flatten Office Job Growth Through 2030, Pushing U.S. Vacancy to 21.5%, Newmark Finds
A new Newmark research report forecasts that artificial intelligence will moderate office-using employment to near-zero growth over the next five years, reshaping demand...
Uber More Than Doubles Puget Sound Presence with 170,000 SQFT Lease at Four106 in Bellevue
Ride-hailing giant commits to one of the largest office deals in downtown Bellevue in recent years, bringing its total regional footprint to more...
Bellevue Approves Beam Reach’s 640,000 SQFT Kanon Office Project in Downtown Core
Two 15-story towers planned across a shared podium will add office, retail, and restaurant space in a phased development Downtown Bellevue continues to...
Puget Sound Office Leasing Accelerates to 2.1MM SQFT in Q1 2026 as Availability Falls to Lowest Level Since Late 2024
Savills report finds technology and AI tenants driving demand across core submarkets, with Microsoft, OpenAI, and Puget Sound Energy among the quarter’s largest...
New-to-Market Tenants Drive 85% of New Eastside Office Demand as 45 Active Requirements Top 1.69MM SQFT
Broderick Group’s Q1 2026 report reveals a structural shift in the Eastside tenant pipeline, with AI companies, professional services firms, and growth-stage enterprises...
Eastside Office Market Holds Steady at 21.9% Vacancy as Tenant Base Diversifies and Supply Tightens
Broderick Group’s Q1 2026 report finds the first signs of a vacancy peak across the 43-million-square-foot Eastside market, with AI companies, professional services...
Amazon Commits $50 Billion to OpenAI in Landmark AI Partnership, Expanding AWS Cloud Deal by $100 Billion
The multi-year strategic partnership will deliver a jointly developed Stateful Runtime Environment, exclusive cloud distribution for OpenAI Frontier, and customized models to power...
Heartland Markets 14-Acre Overlake Seritage Mixed-Use Development Site With 1.05MM Buildable SQFT in Redmond
Former Sears property near Microsoft’s global headquarters comes to market with approved development agreement, completed environmental review, and more than $21 million in...
