South Lake Union
Seattle’s Nitze-Stagen Abandons New Office Bets, Doubles Down on Multifamily as Downtown Vacancy Hits 35.1%
Nitze-Stagen & Co., the contrarian Seattle developer that built its name buying office property no one else wanted, has stopped chasing new office...
National Lab Market Turns the Corner, But Seattle Risks Being Left Behind in Uneven Recovery
The U.S. life sciences real estate market has finally bottomed out after four years of turbulence, according to JLL’s new national lab report,...
Google-Leased 520 Westlake Tower in Seattle’s South Lake Union Hits Market
The 372,672-square-foot trophy building, delivered in 2022 and fully leased to Google on a long-term basis, tests institutional appetite for Seattle’s strongest office...
Eight-Story “The Hostess” Banner Lands on 9th & Thomas in Seattle’s South Lake Union Ahead of World Cup
The 36-by-111-foot work by Seattle artist Ernesto Ybarra marks the fifth large-scale banner installed on the Olson Kundig-designed building’s east façade since the...
Spruce Street School Clears Permit Hurdle for 20,000 SQFT First Hill Campus Conversion
The 43-year-old private elementary school will trade its leased Denny Triangle home for an owned First Hill building, with classes targeted to begin...
Visitors Flood Back to Downtown Seattle as Office Workforce Keeps Shrinking, April Figures Show
April data shows downtown topping pre-pandemic visitor and tourism levels even as worker foot traffic slides to 60 percent of 2019, exposing a...
Anthropic in Negotiations for 120,000 SQFT Lease at Dexter Yard as AI Startup Doubles Down on Seattle
The Claude maker already holds a 70,000-square-foot short-term lease in the development’s south tower and is now eyeing the north tower for a...
Apple Closes In on 195,000 SQFT Arbor Blocks Lease, Doubling Down on Seattle’s South Lake Union as Meta Retreats
The iPhone maker is in advanced talks to take the second Arbor Blocks building in Seattle, a deal that would lock in nearly...
Hudson Pacific CEO Outs REI Among Brand-Name Tenants Circling Seattle Office Market
An offhand name-drop on the REIT’s first quarter earnings call confirmed the outdoor co-op is hunting for new Puget Sound space, fueling speculation...
Bellevue Investor Relists 51-Unit Viewland Apartments in Seattle’s Greenwood for $20MM Months After Acquisition
The ownership group is testing the market with a quick re-trade of the newly built North Seattle asset, anchored by a rare assumable...
SoFi Lands 33,000 SQFT Lease at Kilroy’s West8 Tower in Seattle’s Denny Regrade
The fintech firm’s expansion at the renovated 539,000-square-foot office tower extends a leasing run that has now produced 150,000 square feet of new...
Alexandria’s 701 Dexter Crosses Toward Stabilization As Seattle Lab Demand Reawakens
Lake Union flagship anchors Alexandria’s bet on the region’s institutional research base while peripheral inventory languishes. Seattle’s life science real estate market is...
