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CommercialFeaturedIndustry NewsLeasing

Eastside Office Demand Holds Near 3.7MM SQFT as Databricks and OpenAI Anchor Bellevue’s Flight to Quality

A wave of large lease executions led by Databricks converted years of pent-up requirements into signed deals, yet nearly 3.72 million square feet...

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AECFinanceIndustry NewsResidential

Merlone Geier Markets Fully Permitted 323-Unit Overlake East Development Site in Redmond

Seven years after paying $41 million for a Redmond shopping center, Merlone Geier Partners has taken a permit-ready, 323-unit residential project near the...

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CommercialFeaturedIndustry NewsLeasing

Puget Sound Office Leasing Reaches 4.6MM SQFT in First Half, Strongest Since 2019 as Availability Slides to 26.5%

The Seattle/Puget Sound office market posted 2.4 million square feet of leasing in the second quarter of 2026 and 4.6 million square feet...

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CommercialIndustry NewsLeasing

Worldscape AI Leases 15,000 SQFT at The Offices at Riverpark in Redmond as AI Demand Powers Eastside Rebound

Worldscape AI, a recently funded Redmond startup building data infrastructure for artificial-intelligence systems, has leased 14,975 square feet at The Offices at Riverpark,...

International Community Health Services, Low Income Housing Institute, Chinatown International District, Seattle, Puget Sound
CommercialFeaturedIndustry NewsLeasing

520 Corridor Office Market Treads Water in Q2 2026 With Vacancy Near 17%

The 520 Corridor office submarket largely marked time in the second quarter of 2026, with vacancy near 17 percent and absorption slipping slightly...

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Industry NewsLeasingRetail

Kids Gym and STEAM Operator Hunts 2,700-to-5,500 SQFT Across Six Puget Sound Markets on 10-Year Terms

A children’s fitness and STEAM education operator is scouring six of the Puget Sound’s tightest retail submarkets for a high-ceilinged box between 2,700...

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CommercialIndustry NewsLeasing

Tata Lands 41,429 SQFT Lease at Redmond’s RidgePointe Corporate Center, Largest Eastside Office Deal Outside Bellevue in Q2 2026

Tata has committed to 41,429 square feet at Redmond’s RidgePointe Corporate Center, a new lease that ranks as the largest Eastside office transaction...

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CommercialFeaturedIndustry NewsLeasing

Eastside Office Market Turns a Corner in Q2 2026 as Absorption Goes Positive, But 21% Vacancy Lingers

The Eastside office market recorded its first meaningful positive absorption in more than a year during the second quarter of 2026, absorbing nearly...

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CommercialFeaturedIndustry NewsLeasing

OpenAI, Uber Anchor 3.4MM SQFT Leasing Surge as Puget Sound Office Market Turns Corner in 2026

A wave of long-term commitments from artificial intelligence, software and professional-services tenants pushed Puget Sound office leasing up 62 percent in the first...

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FinanceIndustry NewsNews ReleasesResidential

KKR Buys 195-Unit CRU at Willows 124 in Redmond for $94MM, Betting on Eastside AI Job Growth

KKR emerged as the buyer of a newly delivered 195-unit Redmond apartment community that traded for $94 million, or $482,051 per unit, in...

Apartment buildings
FinanceIndustry NewsNews ReleasesResidential

Kinect Real Estate Partners Closes $126.5MM Oversubscribed Fund II, Targeting 3,000+ Apartments Across $1.6B Development Pipeline

ACG-backed investment platform continues to scale to meet growing demand for institutional-quality multifamily investments from wealth investors BELLEVUE, Wash.–Kinect Real Estate Partners (“Kinect”),...

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CommercialFinanceIndustry News

City of Redmond Closes on Former Cadman Quarry Site for $38.5MM to Anchor New Maintenance and Operations Center

The City of Redmond has closed a $38.5 million acquisition of a former quarry site from building materials giant Heidelberg Materials, securing 9.1...

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