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CommercialFinanceIndustry News

Meta Reverses Course on 212,000 SQFT Block 13 in Bellevue’s Spring District, Filing Permits for Full Buildout After Two Years Vacant

After leaving its ninth Spring District building in shell condition since 2024, the tech giant’s decision to occupy the $168.5MM tower signals a...

sean-benesh-VeAXZMgyICM-unsplash-apartment
AECIndustry NewsResidential

Wright Runstad and Shorenstein Propose 594-Unit Residential Project on Former Meta Sites at Bellevue’s Spring District

Developers file plans for pair of seven-story apartment buildings as 36-acre transit-oriented neighborhood pivots from tech campus vision to housing hub Wright Runstad...

Morning fog over Willamette River
AECCommercialIndustry NewsPortlandResidential

Shorenstein Properties Seeks to Rezone 150, 400 SQFT Portion of Kruse Woods Corporate Park in Lake Oswego for Housing

Lake Oswego Planning Commission approves zoning change for underutilized office buildings; City Council to consider proposal Shorenstein Properties is moving forward with plans...

Bellevue Skyline
AECCommercialIndustry NewsResidential

Meta’s Spring District Retreat: Bellevue’s Office-to-Apartment Pivot Gathers Steam

Developer Wright Runstad pivots abandoned tech campus sites to housing as sublease glut reshapes Bellevue’s largest mixed-use project When Meta Platforms signed an...

Seattle
AECCommercialIndustry NewsResidential

Vanbarton Group Plans 262-Unit Conversion of Former Zulily Building in $100MM Seattle Adaptive Reuse Project

New York Developer’s $81 Million Gamble on Elliott Avenue Property Tests Office-to-Residential Strategy in Pacific Northwest When Vanbarton Group acquired the hulking former...

robert-ritchie-JEicDFy5Cd8-unsplash-seattle
AECCommercialFinanceIndustry NewsResidential

Former 360,000 SQFT Zulily Building in Seattle Set for Residential Conversion After $81MM Sale

A historic Seattle office complex that once housed the headquarters of online retailer Zulily is poised for a dramatic transformation into luxury apartments...

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CommercialFeaturedIndustry News

Eastside Office Market Shows Cautious Optimism Despite Persistent Vacancy Challenges

Even with elevated vacancy rates hovering above 20 percent, new tenant activity and emerging growth signals suggest the Seattle-area office market may be...

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CommercialFinanceIndustry News

Wright Runstad, Shorenstein Sell 28,200 SQFT Spring District Brewpub in Bellevue for $16.3MM

By Kate Snyder A boutique mixed-use, trophy asset in Bellevue now has a new owner. The Spring District Brewpub, a three-story, 28,244 square...

Redmond, Redmond Town Center, Hines, GGLO, Fairbourne Properties, Magnusson Klemencic Associates, Coughlin Porter Lundeen, HWA Parking, DRA Advisors, Macerich, Microsoft, AT&T, Shorenstein Properties
AECCommercialIndustry NewsResidentialRetail

Redmond Town Center Set for Major Redevelopment with Emphasis on Mixed-Use Spaces and Sustainable Design

In a significant move that promises to reshape the landscape of Redmond, Washington, a comprehensive redevelopment plan for the Redmond Town Center is...

Portland, Kidder Mathews, Shorenstein Properties, ScanlanKemperBard Companies, The Green Cities Company, Parametrix, The Centurion Foundation, Port of Vancouver, Lincoln Property Company, The Waterfront - Block 1
CommercialFeaturedIndustry NewsPortland

Report: Portland Office Market Sees Record Vacancy Rates in Q4 2023

By The Registry Staff The Portland metro area is grappling with unprecedented challenges in its commercial real estate market, as vacancy and availability...

Meta Block 13 Wright Runstad Shorenstein Facebook REI
AECCommercialIndustry NewsNews Releases

Meta (Facebook) Pre-Leases 213,000 SQFT at Spring District’s Block 13 in Bellevue

Wright Runstad & Company (“Wright Runstad”) and Shorenstein Properties (“Shorenstein”) today announced they have pre-leased their planned 213,000 square foot Block 13 project...

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