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Sunny Cityscape- Downtown Seattle from Highway Interchange South
AECCommercialFeaturedIndustry NewsResidential

Seattle’s Office-to-Housing Pipeline Totals Just 401 Units as Downtown Vacancy Sits at 35.4%

Seattle's four city-tracked office-to-housing conversions add up to about 401 apartments, a sliver of a downtown market that still has more than 19...

microscope in a lab
AECFeaturedIndustry NewsLife Science

Seattle Lab Pipeline Goes Dark With Zero Construction, Leaving 1.8MM SQFT to Absorb

Seattle has no life science space under construction, and San Diego has joined it at zero while the Bay Area’s pipeline shrank to...

lab interior
FinanceIndustry NewsLife Science

Alexandria Stretches $5B Credit Line to 2032 as Seattle Lab Sites Pivot to Housing and Tech

Alexandria Real Estate Equities extended its $5 billion revolving credit facility to 2032 at a lower spread, a refinancing that buys runway for...

Seattle skyline from Lake Union
AECIndustry NewsResidential

Seattle’s 201 Queen Anne Office-to-Apartment Conversion Nears Completion

Seattle's push to turn empty office towers into apartments is about to produce a tangible result, with a Queen Anne building set to...

Lab equipment
CommercialFeaturedIndustry NewsLeasingLife Science

Alexandria Names Seattle Among Top Markets for Advanced Technology Demand as Lab Pipeline Shrinks 20%

Alexandria Real Estate Equities singled out Seattle as one of three markets where advanced technology tenants are absorbing buildings the REIT once planned...

Rendering of apartment building design
AECIndustry NewsResidential

Seattle West Design Review Board Gives Support to Alexandria Real Estate’s 254-Unit Uptown Apartment Tower

Seattle's West Design Review Board unanimously recommended approval of Alexandria Real Estate Equities and Washington Holdings' plan to demolish a 1962 lab campus...

Microscope close up
CommercialFeaturedIndustry NewsLeasingLife Science

Magnolia Medical Technologies Takes 10,000 SQFT at Queen Anne Square as Seattle Lab Vacancy Climbs to 19%

Magnolia Medical Technologies, the Seattle diagnostics company whose Steripath device reduces false-positive blood culture results in sepsis testing, has committed to 9,751 square...

lab interior
AECCommercialFeaturedIndustry NewsLeasingLife ScienceResidential

Seattle Life Sciences Vacancy Spikes to 19% as Alexandria Converts Lab Site to Apartments and Astellas Exits Stem Cell Operation

Seattle's life sciences vacancy rate surged 540 basis points year over year to 19 percent in the second quarter as new lab space...

Seattle skyline from Lake Union
FinanceIndustry NewsResidential

Seattle Buyer Acquires 75-Unit, 1924-Vintage Chandler Hall Apartments in Lower Queen Anne for $11MM

A Seattle-based buyer has acquired the 75-unit, 1924-vintage Chandler Hall Apartments at 119 West Roy Street in Lower Queen Anne for $11 million...

office building facade
AECCommercialFinanceIndustry News

Pietromonaco Jackson Properties Acquires 253,000 SQFT Queen Anne Square in Seattle for $11MM

A Mercer Island value-add investor is running a proven distressed-office playbook at Seattle's Queen Anne neighborhood — paying $43 per square foot for...

Rendering of apartment building design
AECIndustry NewsResidential

Alexandria Real Estate and Washington Holdings Advance 250-Unit, 270,400 SQFT Residential Tower in Uptown Seattle

A life science REIT teams up with Seattle's preeminent office tower owner to advance a 250-unit apartment project in Uptown — seeking a...

Seattle skyline from Lake Union
AECCommercialFinanceIndustry News

Martin Selig Real Estate Lists Entitled 401 Queen Anne Office Development Site Steps From Climate Pledge Arena in Seattle’s Uptown

Martin Selig Real Estate has placed its assembled 401 Queen Anne development site in Seattle's Lower Queen Anne on the market without an...

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