Schnitzer West
Anatomy of a Default: How a $229MM Bellevue Office Loan Went From 3.40x Coverage to Foreclosure
A single-tenant office loan that looked untouchable at origination has become one of the Puget Sound’s clearest tests of how far trophy values...
Schnitzer West Moves to Reacquire 750,000 SQFT Bravern Office Complex in Bellevue After Microsoft Exit and QSuper Default
Schnitzer West is buying back the two-tower Bravern Office Commons it built and sold more than a decade ago, stepping in to reposition...
Eastside Office Construction Goes Dark in 2026 After 4.9MM-SQFT Wave, With 14.7MM SQFT Waiting in the Wings
The Eastside office market will not deliver a single new building in 2026, a deliberate pause that hands landlords a rare window to...
JP Morgan Pulls Plug on $1.4B Core-Plus Real Estate Fund, Putting Seattle Office Towers Back in Spotlight
The 24-year-old US Real Estate Income and Growth vehicle leaves behind a Denny Triangle footprint that once anchored the West Coast’s biggest office...
Eastdil Tapped to Market 750,000 SQFT Bravern Towers in Bellevue After QSuper Default
A King County court has greenlit the sale of the trophy Eastside office complex, with bidders already circling a property whose value has...
Schnitzer West and The Baupost Group Secure $525MM Refinancing for 25-Story Office Tower The Artise in Bellevue
BELLEVUE, Wash., March 31, 2026 — Newmark announced the Company has arranged the $525 million refinancing of The Artise, a recently delivered, Class...
Kennedy Wilson Sells Stake in 204-Unit Equinox Apartments in Seattle’s Eastlake for $44.9MM
The 204-unit Eastlake waterfront apartment complex was jointly acquired by Kennedy Wilson and a partnerfor $90 million in 2016; the partner buyout is...
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...
Downtown Seattle Office Vacancy Hits 35.6% in Q4 2025 as Net Absorption Stays Negative 2.3MSQFT
Cushman & Wakefield reports rents at $47.62 per square foot, $138 million in sales volume and a surge in renewals despite elevated vacancy...
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...
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...
Amazon Restarts Construction on 611,000 SQFT Bellevue Tower as Eastside Office Market Rebounds
Tech giant’s decision to resume work on the skyscraper signals confidence in suburban office strategy Amazon.com Inc. has filed permits to resume construction...
