Spear Street Capital
Downtown Seattle Office Vacancy Hits 35.6% in Q4 2025 as Net Absorption Stays Negative 2.3MSQFT
Cushman & Wakefield reports rents at $47.62 per square foot, $138 million in sales volume and a surge in renewals despite elevated vacancy...
Seattle Office Market Vacancy Climbs to 22.7% as Challenges Persist
Leasing activity rises but negative absorption of 2.23 million SQFT year-to-date continues upward pressure on vacancies The Seattle office market is sending conflicting...
Spear Street Capital Buys 137,900 SQFT Market Place in Seattle for $60.1MM
By The Registry Staff A mixed-use asset adjacent to Seattle’s iconic Pike Place Market has traded hands. The buyer was an entity affiliated...
Report: Portland Office Market Faces Structural Headwinds Amid Uneven Recovery
The Portland office market continued to grapple with structural challenges in the first quarter of 2025, reflecting a complex interplay of rising vacancies,...
Report: BPM Real Estate Group Sells 193,000 SQFT Portland Building in $41.7MM Transaction, Including Loan Balance
By Kate Snyder As Portland wrestles with an unsteady office market, a building traded hands recently in the city’s downtown area. According to...
Spear Street Capital Buys Newly Renovated 118,000 SQFT Office Building in Portland for $41MM
(Editor’s Note: The sales price was approximately $41 million, or about $347 per square foot, according to a report from the Portland Business...
167,000 SQFT Northlake Commons Life Science Project in Seattle Breaks Ground
Construction is set to begin on Northlake Commons, a 167,000-square-foot development designed for technology and life sciences, adjacent to Dunn Lumber near Lake...
Groundbreaking for 167,000 SQFT Multi-Use Project Launches New Era for Seattle’s North Lake Union neighborhood
Northlake Commons – Seattle’s first sustainable, mass timber commercial lab and office building – showcases human-centric design for tech and life science tenants...
Ground Lease Agreements Continue: Spear Street Capital, GLL Real Estate, Strike $65MM Deal on Seattle Asset
By Meghan Hall An agreement for yet another large ground lease has been struck, part of a new emerging trend across the Puget...
Construction Begins on the Watershed Building in the Heart of Seattle’s Fremont Neighborhood
JLL to handle office leasing at the highly sustainable seven-story office building Following the groundbreaking on September 24th, construction is underway on the...
LaSalle Investment Management Spends $129.5MM to Buy 202 Westlake in Seattle
By Vladimir Bosanac Another Amazon-leased property in Seattle has traded hands. This time, the Munich-based GLL Real Estate Partners is disposing of the...
