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FeaturedIndustry NewsLife Science

JLL Experts: West Coast Life Sciences Hubs Face Oversupply Reckoning as Industry Recalibrates

Markets from San Diego to Seattle show divergent fortunes as funding uncertainty and soaring vacancies reshape the sector’s real estate landscape The gleaming...

Seattle
AECFeaturedFinanceIndustry NewsLife Science

Report: Seattle Life Science Market Vacancy Surges to 17% as Funding Recovery Fails to Spur Demand

Market absorption lags despite venture capital rebound to $998M in 2025, up 90.5 percent from prior year Seattle’s life sciences real estate market...

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FeaturedIndustry NewsLife Science

Seattle Life Sciences Market Faces Rising Vacancies as Developers Pump the Brakes

The sector shows mixed signals with surging venture funding, but climbing vacancy rates and stalled construction projects Seattle’s life sciences real estate market...

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AECCommercialFinanceIndustry News

King County Acquires Historic 24,000 SQFT Property in Seattle for $6MM, Plans Conversion to Medical Clinic

Duncan Building purchase part of broader Harborview Medical Center expansion funded by voter-approved bond Historic preservation and modern healthcare needs intersect in Seattle’s...

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AECCommercialFinanceIndustry News

King County, UW Medicine Announce Mortenson and Perkins & Will as Design-Build Team for $1.74B Expansion of Harborview Medical Center

King County and UW Medicine ushered in the next major phase of its long-planned campus expansion for Harborview Medical Center, with the announcement...

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AECCommercialIndustry NewsLife Science

UW Abandons 345,000 SQFT Anchor Project for Seattle Innovation District at Portage Bay Crossing Amid Financial Pressures

University cites budget constraints and market shifts as $252 million Brightwork building is scrapped The University of Washington has pulled the plug on...

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CommercialFeaturedFinanceIndustry News

Seattle’s Office Market Contraction Continues As Vacancy Climbs and Companies Shed 380,000 SQFT

Seattle’s office market is displaying early signs of revival in Q1 2025, though significant challenges remain. According to CBRE’s latest report, downtown Seattle...

Sana Biotechnology, Bothell, Puget Sound, Fremont, Seattle, Cambridge, South San Francisco, Rochester
FinanceIndustry NewsLife ScienceNews Releases

UW Medicine’s Institute for Protein Design Leases 32,000 SQFT at 330 Yale in Seattle

The new lease is the first major life sciences lease in Seattle this year Seattle – April 7, 2024 – CBRE announced it...

PCCP, Pacific Coast Capital Partners, King County, Seattle, Belltown, Puget Sound, UW Medicine, South Lake Union, Elliott Bay
CommercialFinanceIndustry News

PCCP Sells Nearly 74,000 SQFT Office Building in Seattle for $11MM

By Kate Snyder A commercial office building in Seattle’s Belltown neighborhood has traded hands. An entity affiliated with Pacific Coast Capital Partners sold...

Seattle, Allen Institute, UW Medicine, Puget Sound, Pasadena, Alexandria Real Estate, South Lake Union, Unico Properties, Amazon, Facebook
CommercialFinanceIndustry News

Alexandria to Build 217,000 SQFT Building as Replacement for Recently Purchased South Lake Union Asset in Seattle

 By Meghan Hall Seattle’s life science market is another technology sector that is growing at a steady pace as a result of...

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News Releases

Urban Renaissance Group Acquires Rosen Building in Seattle from Vulcan Real Estate for $42 Million

Purchase Represents Sixth Owned-Asset for URG in the Pacific Northwest and Firm’s First Biotechnology Office Building  Seattle, Wash., August 31, 2015 – Urban Renaissance...

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