OpenAI
Bellevue Reopens Its Downtown Playbook as Eastside Office Market Pulls Tenants From Seattle
City Council initiates Downtown Livability 2.0, a rewrite of the 2017 land use code aimed at the next wave of high-rise development across...
Bellevue Locks In 5,700-Unit Affordable Housing Target as Eastside Tech Boom Strains Market
The seven-year strategy more than doubles the city's previous goal as record corporate leasing collides with rising rents and a regional construction slowdown....
Amazon Opens 1.75-Acre “Meadow” at Stalled Bellevue 600 Tower 2 Site, Doubling Down on Eastside Footprint
Tech giant transforms paused construction parcel into a public park as Tower 1 build-out continues toward 2027 completion Amazon has converted the dormant...
Seattle Holds Steady for BXP as Downtown Vacancy Climbs to 36.5%
The largest premier workplace REIT keeps its two-asset Seattle CBD portfolio at 80.7 percent occupied even as the broader downtown market posts the...
Kilroy’s Seattle Portfolio Holds Steady at 79.3% Occupancy as REIT Posts Best Q1 Leasing Since 2017
Puget Sound holdings outperform the broader Seattle office market as Eastside and AI-driven leasing activity reshapes the region; Kilroy lifts 2026 FFO guidance...
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...
