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Rendering of residential building design
AECIndustry NewsResidential

Wright Runstad Files Design Review for 555 Units in Bellevue’s Spring District

A 2007-vintage master plan just added another 555 apartments, timed to Bellevue’s brand-new light rail line rather than the freeway. Wright Runstad &...

Morning fog over Willamette River
FinanceIndustry NewsPortlandResidential

Sentinel Real Estate Buys 158-Unit Willow Apartments in Lake Oswego for $66MM

A newly built luxury apartment complex in Lake Oswego has changed hands for $66 million, the latest sign that out-of-state capital is warming...

Seattle, Mortenson, Capitol Hill, RLB Crane Index, AIA/Deltek Architecture Billing Index
AECCommercialFeaturedIndustry NewsResidential

Puget Sound’s $50MM-Plus Building Pipeline Swells to Nearly 60 Projects, Led by Bellevue’s $2.6B Spring District

A new tally of the region’s active construction shows nearly 60 projects each carrying price tags above $50 million, with public infrastructure, airport...

planet-volumes-SaLr2VYgknw-unsplash-housing
AECCommercialIndustry NewsPortlandResidential

Oregon Land Board Revives Resident Appeal Threatening Shorenstein’s 12.87-Acre Kruse Way Office-to-Housing Rezone in Lake Oswego

A single Lake Oswego resident’s mail-routing dispute has kept alive a challenge to Shorenstein Properties’ plan to convert three Kruse Way office buildings...

Bellevue homes overlooking Lake Washington with Seattle in the background
AECFeaturedIndustry News

Bellevue Kicks Off Master Plan for 8-Acre Bel-Red Park as Transit Corridor Densifies

The city’s Parks department opened a year-long community planning process for a former industrial site adjacent to the Spring District, with construction backed...

Aerial View of Portland, Oregon at Dusk on a cloudy Day
CommercialFeaturedFinanceIndustry NewsLeasingPortland

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 logo graphic
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...

apartment building with trees in front
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 skyline from Lake Union
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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