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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...

Bellevue Washington Cityscape and Meydenbauer Bay Aerial View
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...

Bellevue, Eastside, Broderick Group, Snowflake, Spring District, TikTok, Lincoln Square North Tower, Kirkland, City Center Plaza, The Eight, TradeDesk, Verizon, T-Mobile, Puget Sound
CommercialFeaturedFinanceIndustry News

Report: Bellevue’s Office Market A Tale of Resilience Amidst Shifting Dynamics

By Kate Snyder Bellevue’s office market is navigating a period of transition, characterized by a surplus of supply and shifting tenant demands. According...

CommercialFinanceIndustry News

Snowflake Plans to Sublease 329,000 SQFT from Meta in Bellevue’s Spring District

By Kate Snyder A new sublease is pending in Bellevue’s Spring District. Block 6, currently leased to Meta, could soon be occupied by...

King County, Eastside, Broderick Group, Spring District, Meta, Amazon, Schnitzer West, Houston, Patrinely Group, The Eight, Skanska, Google, Kirkland Urban, Lee Johnson, Kirkland Ascent, Kirkland, Puget Sound
AECCommercialFeaturedIndustry News

Report: Eastside’s Development Pipeline Faces Uncertain Future Amid Rising Vacancy, Increased Costs

By Kate Snyder Several development projects in King County’s Eastside were nearing completion during the first quarter of 2024, however there is little...

CommercialFeaturedIndustry News

Tech Titans Tighten Grip on Eastside Office Market

The first quarter of 2024 saw a flurry of activity in the Eastside’s office market, but it was largely driven by consolidation from...

South Bellevue Station, Redmond Technology Station, East Link Extension, Link 2 Line, East Main, Bellevue Downtown, Wilburton, Spring District, BelRed, Overlake Village, Sound Transit
AECIndustry News

Link 2 Line Service Between South Bellevue Station and Redmond Technology Station to Begin in April

Sound Transit announced today that the initial segment of the Link 2 Line will open to passenger service on April 27.  The 6.5-mile...

CoStat Seattle report Amazon Bellevue Felton Properties Google Lionstone Meta Metropolitan Park North Tower Microsoft Puget Sound Snohomish
CommercialFeaturedIndustry NewsNews Releases

Seattle’s Office Sector: Q4 2023 Market Dynamics and Trends

At year-end 2023, the regional office market continues to struggle with negative net absorption, rising vacancy and meager investment activity. For the eighth...

AECCommercialIndustry News

Report: Eastside Developers Grapple with Uncertainty Amid Microsoft Exodus and Soaring Costs

By Kate Snyder Amid rising availability and rapidly rising debt costs plus Microsoft’s exit from the area, developers in the Eastside have more...

2026 Pacific Northwest CRE Rising Stars

PNW CRE Rising Stars

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