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CommercialFeaturedIndustry News

Eastside Office Market Enters 2026 With 4.3MM SQFT in Active Tenant Demand as Recovery Takes Hold

Sublease vacancy drops to its lowest point since early 2022 while big tech recommits to in-office presence across the Bellevue CBD and surrounding...

Bellevue Washington Cityscape and Meydenbauer Bay Aerial View
AECIndustry NewsResidential

Three Japanese Firms and Trammell Crow Residential Break Ground on 388-Unit Alexan Eastgate Apartment Project in Bellevue

The eight-story hybrid wood-and-concrete structure in Bellevue’s Eastgate neighborhood marks the eighth collaboration between Sumitomo Forestry and TCR, with leasing slated for December...

Industry NewsRetail

Taiwan’s Fastest-Growing Tea Brand UG Tea Launches Washington Expansion, Targeting Greater Seattle Retail Corridors

Unique Green Tea (UG), recognized as Taiwan’s strongest tea brand in 2024, has launched an aggressive site selection campaign across Washington’s Puget Sound...

OpenAI
CommercialIndustry News

OpenAI Nearly Quadruples Bellevue Space with 223,000 SQFT City Center Plaza Expansion

ChatGPT maker secures additional square feet as AI firms intensify Eastside presence OpenAI has committed to an additional 223,000 square feet at City...

markus-spiske-BTKF6G-O8fU-unsplash - retail
FinanceIndustry NewsRetail

Life Time Fitness Buys 143,000 SQFT Former Fred Meyer in Redmond for $32MM

Redmond’s Vacant Fred Meyer Finds New Owner in Fitness Industry A Fred Meyer property in Redmond that closed last year has traded hands....

bryan-white-C7tKp63ARIo-unsplash
FinanceIndustrialIndustry News

Google Acquires 79,200 SQFT Industrial Building in Redmond for $35.2MM

Tech giant purchases asset from Unico Properties, converting from tenant to owner An industrial building in Redmond traded hands recently as investors continue...

Rendering of Prisma in Redmond
AECIndustry NewsResidential

Bellwether Housing Prisma Apartment Project in Redmond to Deliver 328 Units Near Light Rail Station

Six-story affordable housing development at 2888 Da Vinci Ave. NE targets 2028 opening with income-averaging model Redmond is advancing its ambitious housing expansion...

white modern apartment buildings
FinanceIndustry NewsResidential

Weidner Apartment Homes Positions 91-Unit Vive Apartments in Ballard for Sale After Eight-Year Hold

Seattle multifamily owner markets 91-unit property acquired in 2017 for $24.15 million amid improving market conditions Weidner Apartment Homes has listed Vive Apartments,...

AECCommercialIndustry News

Microsoft Shutters Employee Library in Redmond in Favor of AI-Powered Alternative

Tech giant phases out physical books and digital news subscriptions as part of broader shift to “AI-powered learning experience” Microsoft is dismantling its...

macys store
FinanceIndustry NewsRetail

Macy’s to Shutter 35,000 SQFT Furniture Clearance Center in Tukwila

Closure part of retailer’s plan to close 150 underperforming stores nationwide by 2026 Macy’s Inc. will shutter its Furniture Clearance Center in Tukwila...

AECIndustry NewsResidential

Security Properties Withdraws from Purchase of Former QFC Site in Seattle Planned for 317-Unit Residential Project

Developer Cites Market Conditions and Failed Negotiations After Four Years Under Contract for Wedgwood Redevelopment Security Properties has withdrawn from an agreement to...

Construction site with earth mover
AECCommercialFeaturedIndustry News

Eastside Office Construction Grinds to Halt After Tech-Fueled Building Boom

The Seattle Eastside’s office construction pipeline has fallen silent in 2025 after a remarkable three-year period that delivered nearly 5 million square feet...

2026 Pacific Northwest CRE Rising Stars

PNW CRE Rising Stars

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