South Lake Union
The Registry Ranks: Puget Sound Office Submarkets for AI Tenants — Bellevue Wins, and Downtown Seattle Isn’t Dead (It’s Just on Sale)
AI firms have driven roughly a fifth of Seattle-area leasing this year. We ranked seven submarkets for one specific buyer — an AI...
Alexandria Stretches $5B Credit Line to 2032 as Seattle Lab Sites Pivot to Housing and Tech
Alexandria Real Estate Equities extended its $5 billion revolving credit facility to 2032 at a lower spread, a refinancing that buys runway for...
Quarterra Plans 300-Unit Apartment Project at Former FOX 13 Site in Seattle’s South Lake Union
Seattle's most storied piece of Westlake Avenue real estate is headed toward a third act, as multifamily developer Quarterra moves to raze a...
Seattle’s 1000 Denny Way Office Loan Heads to Special Servicing Ahead of 2027 Maturity
A $56 million loan secured by the 263,000-square-foot office building at 1000 Denny Way has landed in special servicing weeks before its February...
Onni Group Lands $41.7MM Financing to Advance Long-Delayed Block V Towers in Seattle
Eight years after paying $78.75 million for a pair of Denny Triangle parking lots, Onni Group has landed $41.7 million in financing and...
Formation Report Warns Seattle’s Office Vacancy and Tax Base Are Locked in a Downward Spiral
A new independent assessment of Seattle's economy finds the city's record office vacancy and its reliance on a handful of tech employers for...
Seattle Life Science Stays Tightest of West Coast Hubs as New Construction Halts
Seattle's life science market entered the second half of 2026 with the lowest vacancy of any major West Coast hub and no space...
Meta Lists 135,000 SQFT in Seattle and Redmond for Sublease as Washington Retreat Deepens
Meta has placed roughly 135,000 square feet of additional Seattle-area office space on the sublease market, listing space in Seattle's Sodo neighborhood and...
Sequel Investment Company, Evergreen Gavekal Pay $35.05MM for 95-Unit East Howe Steps in Seattle’s Eastlake
IPA brokers the $35.05MM sale of East Howe Steps, a 95-unit mixed-use Eastlake apartment complex, and arranges acquisition financing.
Pillar Communities Sells 106-Unit Aperture on Fifth in Seattle’s South Lake Union for $32.3MM
The $32.3 million sale of the 12-year-old apartment building marks an exit for Phoenix-based Pillar Communities, which developed the property in 2014 and...
Recorded Memo Reveals Anthropic’s 113,000 SQFT Dexter Yard Lease in Seattle Runs 11 Years With Option to Buy
A memorandum of lease recorded with King County lays bare the long-term structure of Anthropic's Dexter Yard commitment, showing a 133-month term, two...
Kilroy’s Seattle and Bellevue Portfolio Tightens as Westgate Lands 150,000 SQFT in New Leases
The real estate investment trust reported intensifying competition for scarce high-quality space in Bellevue and a sharp pickup in leasing across its South...
