Puget Sound
CoreWeave Incerases Downtown Bellevue Footprint to 36,000 SQFT, Extending the Eastside’s AI Boom
The Nvidia-backed cloud company expands at One Bellevue Center barely a year after planting its first Pacific Northwest flag, joining a wave of...
Puget Sound Office Market Notches First Positive Absorption in Four Years, Even as Layoffs Mount
Vacancy and availability declined simultaneously for the first time in the recovery cycle, but surging tech-sector cuts and a weakening labor market threaten...
Madison Development Group Sells Land Parcel Adjacent to Shops at Richmond Village in Shoreline for $8MM
A Denver-based entity tied to Clarion Partners has acquired the neighborhood center, betting on grocery-anchored stability in a softening Seattle retail market A...
Realty Income Buys 453,000 SQFT, Three-Parcel Warehouse Portfolio in Kent for $98MM
The net-lease REIT doubles down on the Puget Sound's core distribution hub even as regional industrial vacancy climbs to a multi-year high. A...
$16MM Permanent Loan Secured for 104,000 SQFT Kirkland Multi-Tenant Industrial Building
Mature, Strategically Located, 100% Occupied Industrial Property Refinanced for Continued Legacy Hold; Insurance Company Loan Offers Full-Term Interest Only with Cash Out Kirkland,...
King County Buys 35,800 SQFT Martingale/Neptune Flex Building and Land in Woodinville for $8.9MM
The public acquisition pulls a 35,805-SQFT high-tech office and warehouse property, plus undeveloped land, off a Puget Sound industrial market still working through...
Commercial Brokers Association Taps Washington REALTORS Veteran Mary Hull-Drury as President and CEO
The Lynnwood-based commercial real estate cooperative hands its top job to a longtime Olympia lobbyist as the Pacific Northwest market navigates record office...
Seattle Social Housing Developer to Buy 150-Unit Elara at the Market in Seattle’s Belltown for $60MM
The first major acquisition by the voter-created public housing authority puts Prop 1A tax revenue to work in one of downtown Seattle's tightest...
Quarterra Files Plans for 294-Unit Emblem Community on 17.3-Acre Bickford Site in Snohomish
TPG-recapitalized Quarterra targets one of the Puget Sound's tightest submarkets with another addition to its attainable-housing brand. Charlotte-based Quarterra has filed a Site...
Spruce Street School Clears Permit Hurdle for 20,000 SQFT First Hill Campus Conversion
The 43-year-old private elementary school will trade its leased Denny Triangle home for an owned First Hill building, with classes targeted to begin...
Washington Construction Payrolls Stall as Seattle-Tacoma-Bellevue Sheds 2,200 Jobs
Statewide employment held flat at 214,600 in March even as the Puget Sound's largest metro continued a year-long contraction, deepening regional concerns about...
Brokers Bet Seattle Apartments Are Next as San Francisco Rents Surge and Tech Returns
A May 2026 market recap argues the Bay Area's rent explosion and fresh tech leasing from Apple and Anthropic foreshadow a turn for...
