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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...

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...

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