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CommercialFeaturedIndustry NewsLeasing

Out-of-Market Firms Drive 72% of Puget Sound AI Leasing as 2026 Tracks Record Year

California-headquartered AI companies now account for 62 percent of regional leasing activity, mirroring the 2010s tech migration that reshaped Seattle and the Eastside....

Outdoor sports store
CommercialFeaturedIndustry NewsLeasingRetail

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 Skyline
CommercialIndustry News

Healthcare Realty Lists 2.55-Acre Wilburton Central in Bellevue at $32MM as Covered-Land Redevelopment Play

The Nashville-based medical office REIT has tapped Cushman & Wakefield to market three contiguous parcels totaling 111,141 square feet along 116th Avenue NE,...

Rendering of townhome development design in Bellevue
AECIndustry NewsResidential

City of Bellevue Approves Soma Homes’ 19-Townhome Bel-Red Project on 1.15-Acre Office Site

The four-year-old Puget Sound builder will demolish a two-story business park at 12505 NE Bellevue-Redmond Road and replace it with four buildings of...

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...

apartment interior
FeaturedFinanceIndustry NewsResidential

Puget Sound Apartment Sales Double to $6B as East Link Light Rail Reshapes Eastside Investment Map

Transaction volume surges past $2.5 billion posted in 2023 as institutional capital returns and a long-awaited transit connection rewires commute patterns across the...

Rendering of apartment building design in Bellevue
AECIndustry NewsResidential

AMLI Plans 296-Unit Apartment Project with Retail at Spring District Block 15 in Bellevue

The eight-story development would add housing and ground-floor commercial space in Bellevue’s BelRed corridor as public review begins Bellevue’s ongoing shift toward higher-density...

Construction figures on top of a mobile phone
AECFinanceIndustry NewsResidential

70,000 SQFT Brierwood Park Hits Market as 300-Unit Multifamily Redevelopment Opportunity in Bellevue’s Surging Wilburton Corridor

Land site with two vacant office buildings hits the market as developers race to capitalize on the city’s landmark transit-oriented rezoning Cushman &...

Planning board with suggestions
AECFeaturedIndustry NewsResidential

Bellevue Launches Packed Week of Housing and Land Use Planning Sessions as City Pursues 5,700-Unit Affordability Target

A series of public meetings spanning affordable housing strategy, BelRed code overhaul, mixed-use density changes and urban design will shape the Eastside city’s...

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...

Construction site with earth mover
AECCommercialFeaturedIndustry News

Eastside Office Construction Grinds to Halt After Tech-Fueled Building Boom

The Seattle Eastside’s office construction pipeline has fallen silent in 2025 after a remarkable three-year period that delivered nearly 5 million square feet...

2026 Pacific Northwest CRE Rising Stars

PNW CRE Rising Stars

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