Shorenstein Properties
Portland Office Market Stabilizes at 15.2% Vacancy With 217,000 SQFT Absorption in Q1 2026
Leasing slows but investment activity rises more than 70% year-over-year as tenants begin to re-engage in smaller, high-quality spaces Portland’s office market entered...
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...
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...
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...
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...
