Puget Sound Business Journal
Philips Plans Multiyear Sale of 57-Acre Bothell Campus Assessed at $122.99MM
Dutch health-tech giant tees up a quiet exit from its longtime Puget Sound headquarters and signals a search for smaller, modernized Seattle-area space....
Terex to Vacate 190,000 SQFT North Bend Plant, Lay Off 117 as Genie Exit Looms
An equipment maker’s consolidation into Redmond and the Southeast frees up a major Snoqualmie Valley industrial complex even as a hot North Bend...
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...
Goldman Sachs Backs Onni Group’s 478-Unit South Lake Union Tower with $200MM Construction Loan
The financing fuels vertical construction of one of Seattle’s largest residential developments currently underway, reinforcing confidence in the city’s multifamily sector despite tight...
Sound Transit Confronts $35 Billion Budget Gap Threatening Voter-Approved Light Rail Expansion Across Puget Sound
The regional transit agency is pursuing an agency-wide cost-cutting initiative as inflation and rising construction expenses jeopardize the $53.8 billion ST3 plan approved...
Sound Commercial Investment Holdings Acquires PNRI’s 45,000-SQFT First Hill Lab Facility at 720 Broadway in Seattle for $6.5MM
Nonprofit biomedical research institute sells longtime headquarters at a steep discount to assessed value, plans to lease back the building to preserve research...
Amazon Exits 251,000 SQFT Seattle Children’s Building, Accelerating Eastside Pivot
The tech giant’s departure from the 1950s-era Kumo office adds to more than 1 million square feet of lease expirations since 2020, as...
Pacific Northwest CRE Rising Stars: Emerging Leader
Strategic Vision and Mentorship Define Next Generation of Regional Real Estate Leaders Three professionals have earned recognition for their exceptional contributions across research...
JPMorgan Chase Reclaims Seattle Tower with New Naming Rights
Bank expands presence in former WaMu headquarters as Russell Investments departs JPMorgan Chase announced today that it is renaming the 42-story tower at...
Barnes & Noble Bets on Downtown Seattle’s Revival With New Pike Street Store
The bookseller’s planned return to Seattle’s core signals growing confidence in the city’s retail recovery Barnes & Noble is bringing books back to...
Uber Technologies Pursues Significant Seattle-Area Expansion Amid Growing Tech Hub Ambitions
Ride-hailing giant seeks up to 150,000 square feet of additional office space as company doubles down on Pacific Northwest talent strategy Uber Technologies...
The Pioneer Collective Signs 15-Year Lease at Tommer Building in Seattle’s Ballard Neighborhood
Seattle, Wash. (October 11, 2022) – The Pioneer Collective, a Seattle-based independent coworking and meeting space company, has completed a 15-year lease on...
