Shorenstein Properties
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...
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...
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...
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...
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...
Portland Office Market Sees Mixed Signals Amid Challenges in Q4 2024
Portland’s office market continued to experience turbulence in the fourth quarter of 2024, as direct vacancy rates climbed to a record high of...
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...
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 (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...
Shorenstein Properties Acquires 2601 Elliott in Downtown Seattle for $185MM
(EDITOR’s NOTE: According to public records, Shorenstein acquired the property for $185 million, or about $536 per square foot. The buyer was affiliated...
Facebook Leases Another 330,000 SQFT in Bellevue’s Spring District
By Meghan Hall Facebook is continuing to solidify its expansion into Bellevue’s Spring District, and the tech firm has recently inked another lease...
Shorenstein Properties’ Proposed 120,000 SQFT Office Development Unanimously Approved at Early Design Guidance Meeting
By Jack Stubbs Seattle’s South Lake Union neighborhood has experienced a vast transformation over the last several years, as it has increasingly become...
