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AECCommercialFeaturedIndustry NewsLeasing

Eastside Office Construction Goes Dark in 2026 After 4.9MM-SQFT Wave, With 14.7MM SQFT Waiting in the Wings

The Eastside office market will not deliver a single new building in 2026, a deliberate pause that hands landlords a rare window to...

cihat-hidir-Ys8G9cQViac-unsplash-medical office
AECCommercialIndustry News

Wallace Properties Eyes 1MM SQFT Medical Office Campus Redevelopment in Bellevue

With a third parcel now in play alongside its existing 1970s-era medical buildings at 1407 and 1417 116th Ave. N.E., Wallace Properties is...

Bellevue Skyline
CommercialIndustry NewsLeasing

Snowflake Expands to Floors Seven Through Nine at Bellevue’s Block 6 as Databricks Closes In

Snowflake Inc. is pushing deeper into its Bellevue headquarters, building out three additional floors at the Spring District's Block 6 just as rival...

Sound Transit station
AECFeaturedIndustry NewsResidential

Seattle Light Rail Tops U.S. Ridership in April as East Link Opening Reshapes Eastside Development Map

Sound Transit's light rail network carried more riders in April than any other light rail system in the country, a record run that...

Artificial intelligence graphic
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 &...

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