South Lake Union
Private Equity Firm Leases 5K SQFT at Swig’s Lake Union Building, Bringing Seattle Waterfront Office to 96%
A 5,000-square-foot lease has brought a waterfront office building on Lake Union to 96 percent leased, in a submarket where more than a...
Full-Block South Lake Union Site Once Planned for 505,000 SQFT Lab Campus Hits Market as 490-Unit Apartment Opportunity
The 77,760-square-foot block at 200 Taylor Avenue North, cleared for BioMed Realty’s T6 life sciences campus, is now being pitched for about 490...
As Swig Turns 90, CEO Connor Kidd Sees Seattle as Next in Line for Bay Area’s AI Office Boom
Four years after The Swig Company planted its first Seattle flag at the Lake Union Building, President and Chief Executive Officer Connor Kidd...
The Registry Ranks: Puget Sound Office for Contrarian Investors — Buy Kirkland, Fear the Discount
Regional office vacancy is 23.3%, only 138,667 SF is under construction, and downtown Seattle just traded at $57.56 a foot. We ranked ten...
Seattle Office Demand Jumps 59% in Q3, Leading VTS’s Seven-Market Index as Non-Tech Tenants Step Up
Seattle posted the biggest quarter-over-quarter gain in office demand among the seven major U.S. markets tracked by VTS in the third quarter, driven...
Alexandria’s Seattle Pivot Holds as Q3 Write-Downs Hit Palo Alto, San Carlos and Austin Instead
Alexandria Real Estate Equities' third-quarter results show its Seattle strategy of converting surplus lab sites to housing and courting advanced technology tenants still...
We Ranked Puget Sound’s Office Submarkets for AI Startups. Bellevue Isn’t #1.
OpenAI, Databricks and Uber went to Bellevue; Anthropic took 113,000 SF in South Lake Union. We ranked eight Puget Sound submarkets on what...
Alexandria Swings to $638.5MM Loss on Write-Downs as CEO Ranks Seattle Among Investors’ Favored Lab Markets
Alexandria Real Estate Equities booked $637.9 million of real estate impairments in the third quarter and swung to a $638.5 million net loss,...
Superhuman Opens 14,000 SQFT Office at Dexter Landing South, Leaves University District Coworking Behind
Superhuman, the AI productivity company formerly known as Grammarly, has moved its Seattle team out of a University District coworking suite and into...
Cantina Monarca Leases 8,000 SQFT Waterfront Flagship at Vulcan’s Lake Union Piers in Seattle
Bellevue-based Cantina Monarca is crossing Lake Washington with a waterfront flagship of about 8,300 square feet at Vulcan Real Estate’s Lake Union Piers,...
Kauri Investments Lands $30.8MM Refinancing for 172-Key Hyatt House Seattle/Downtown
The five-year floating-rate loan, paired with a custom interest-rate hedge, comes as the Seattle developer finishes a major renovation of the 2015-built extended-stay...
Blackstone’s 432-Unit Ascent and Marlowe in Seattle’s South Lake Union Caught Up as $518MM Portfolio Loan Hits Special Servicing
Ascent South Lake Union and Marlowe, the 432-unit pair Blackstone bought for about $302.8 million in 2021, are now two of the last...
