Spring District
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
