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CommercialIndustry News

CrowdStrike Relocates to Redmond with 35,000 SQFT Sublease at Studio 7500

The cybersecurity giant’s move from Kirkland highlights how premium sublease opportunities are driving tenant decisions in the competitive Eastside market Cybersecurity leader CrowdStrike...

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CommercialFeaturedIndustry News

Eastside Office Market Shows Cautious Optimism Despite Persistent Vacancy Challenges

Even with elevated vacancy rates hovering above 20 percent, new tenant activity and emerging growth signals suggest the Seattle-area office market may be...

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CommercialIndustry News

Snowflake Expands Pacific Northwest Presence with New Bellevue Office

Cloud computing giant Snowflake has officially opened its doors in a major new office space in Bellevue’s Spring District, marking a significant expansion...

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CommercialFinanceIndustry NewsNews Releases

Shorenstein, Wright Runstad Transact Three Spring District Properties in Bellevue to Blackstone and Drawbridge Realty

(Editor’s Note: According to industry reports, Blackstone acquired a 40 percent stake each in Blocks 5 and 6, and the combined value of...

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FinanceIndustry NewsRetail

48,000 SQFT Brierwood Center in Bellevue Hits Market as Redevelopment Play

Brierwood Center, a fully leased 48,474-square-foot retail property located at 12001 NE 12th St. in Bellevue, has been listed for sale as an...

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CommercialFinanceIndustry News

212,000 SQFT Block 13 in Bellevue’s Spring District Expected to Hit the Market Soon

Block 13, a newly developed nine-story office building in Bellevue’s Spring District, may soon be listed for sale, according to a report by...

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CommercialFinanceIndustry News

Wright Runstad, Shorenstein Sell 28,200 SQFT Spring District Brewpub in Bellevue for $16.3MM

By Kate Snyder A boutique mixed-use, trophy asset in Bellevue now has a new owner. The Spring District Brewpub, a three-story, 28,244 square...

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FinanceIndustry NewsNews ReleasesResidential

Bellevue Receives $100MM for Affordable Housing from Amazon as Construction Starts on 234-Unit Spring District Development

Partnerships and Amazon’s housing fund boost future affordable housing production potential in the city At a groundbreaking event Thursday for the latest affordable...

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AECIndustry NewsResidential

BRIDGE Housing Breaking Ground This Week on Bellevue’s Largest Affordable Housing Community in the Heart of the Spring District

BRIDGE Housing, in partnership with public and private stakeholders, will celebrate the groundbreaking of a transformative affordable housing community in Bellevue’s Spring District...

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CommercialFinanceIndustry News

Shorenstein, Wright Runstad Trade 329,000 SQFT Block 6 in Bellevue in Equity Deal for $270MM

By Kate Snyder A major trophy asset in Bellevue was the subject of a significant sales transaction that closed in the fourth quarter...

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AECIndustry NewsNews ReleasesResidential

Mill Creek Residential Announces Groundbreaking of 369-Unit Modera Bridle Trails in Kirkland

KIRKLAND, Wash., Aug. 27, 2024 — Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the...

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CommercialFeaturedIndustry News

Puget Sound Employers Continue to Shed Space in 2024

The Seattle skyline, once a symbol of booming tech growth, is undergoing a subtle transformation. A wave of office space downsizing is reshaping...

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