PitchBook
Lumen Bioscience Leases 39,000 SQFT at Lake Union Center in Seattle’s Wallingford as Lab Vacancy Hits 18.9%
Seattle biologics developer Lumen Bioscience landed the largest notable life sciences lease in the Seattle market in the third quarter, a 39,000-square-foot deal...
Seattle Lab Pipeline Goes Dark With Zero Construction, Leaving 1.8MM SQFT to Absorb
Seattle has no life science space under construction, and San Diego has joined it at zero while the Bay Area’s pipeline shrank to...
Seattle Life Science VC Plunges 58% to $396MM as Bay Area Funding Holds at $8.3B
Seattle life science companies raised only $395.9 million through the third quarter, on pace for the weakest year since at least 2022, as...
Seattle NIH Funding Slips to $1.2B as Federal Budget Fights Test Research Lab Landlords
National Institutes of Health funding to Seattle-area researchers slipped to $1.2 billion in the fiscal year that ended Sept. 30, part of a...
Vanbarton Exits 541,000 SQFT 901 Fifth Avenue Tower in Downtown Seattle for $48.3MM, 84% Below 2019 Price
Seattle-based GT Capital, in partnership with The Benaroya Company, has acquired the 41-story 901 Fifth Avenue office tower from New York-based Vanbarton Group...
Seattle Absent From Top 10 as $2.26T Exit Boom Rewards Bay Area, Dallas and Denver
A new Deloitte and PitchBook report tracking a record $2.26 trillion in U.S. expansion-stage company exits during the first half of 2026 shows...
Seattle Lands Among Top Five Global AI Office Markets Despite Rising Vacancy
Tech tenants leased increasing volumes of Seattle office space in 2025 as AI demand pushed the metro into the top tier of global...
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...
Seattle Life Science Vacancy Climbs to 22.8% as More Than 500,000 SQFT of New Product Delivers
Two major projects enter Greater Seattle's lab market in 2025 with moderate preleasing as NIH and venture capital funding both decline year over...
JLL Experts: West Coast Life Sciences Hubs Face Oversupply Reckoning as Industry Recalibrates
Markets from San Diego to Seattle show divergent fortunes as funding uncertainty and soaring vacancies reshape the sector's real estate landscape The gleaming...
Cranes Tell the Story: Mapping Construction Activity in Seattle, Portland, San Francisco, and Los Angeles
Mixed Construction Landscape Across Major West Coast Cities The construction industry across four major West Coast cities presents a varied picture in early...
Seattle’s Place in the National Venture Capital Landscape: A Secondary Market with Potential
Seattle and the Pacific Northwest have long been synonymous with innovation, thanks to the region’s rich history of technology, sustainability, and entrepreneurial growth....
