Wright Runstad & Company
Meta Reverses Course Again, Puts 212,000 SQFT Block 13 Tower up for Sublease in Bellevue
CBRE has hit the market with the full 212,128 square feet of Meta’s shell-condition Block 13 tower in Bellevue’s Spring District, a sublease...
Wright Runstad Files Design Review for 555 Units in Bellevue’s Spring District
A 2007-vintage master plan just added another 555 apartments, timed to Bellevue’s brand-new light rail line rather than the freeway. Wright Runstad &...
Bellevue Kicks Off Master Plan for 8-Acre Bel-Red Park as Transit Corridor Densifies
The city’s Parks department opened a year-long community planning process for a former industrial site adjacent to the Spring District, with construction backed...
Meta Reverses Course on 212,000 SQFT Block 13 in Bellevue’s Spring District, Filing Permits for Full Buildout After Two Years Vacant
After leaving its ninth Spring District building in shell condition since 2024, the tech giant’s decision to occupy the $168.5MM tower signals a...
Meta’s Spring District Retreat: Bellevue’s Office-to-Apartment Pivot Gathers Steam
Developer Wright Runstad pivots abandoned tech campus sites to housing as sublease glut reshapes Bellevue’s largest mixed-use project When Meta Platforms signed an...
Drawbridge, KKR & Global Atlantic Buy Spring District’s Block 13 Meta-Leased Property in Deal Valued $193MM
(EDITOR’S NOTE: According to sources with knowledge of the transaction details, the property trade was valued around $910 per square foot, or approximately...
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...
Puyallup Tribe of Indians Unveils New 95,000 SQFT HQ in Tacoma
The Puyallup Tribe of Indians has officially opened its new 95,000-square-foot headquarters in Tacoma, Washington. This significant milestone consolidates the tribe’s operations and...
KPMG Expands Seattle Office At Rainier Square Tower
Global accounting giant KPMG is set to expand its presence in downtown Seattle by adding a third floor to its current offices in...
Facebook Leases Another 330,000 SQFT in Bellevue’s Spring District
By Meghan Hall Facebook is continuing to solidify its expansion into Bellevue’s Spring District, and the tech firm has recently inked another lease...
Spring District’s Block 24 Office Building Leased to Facebook Sold to Brookfield for $200MM
Wright Runstad & Company (“Wright Runstad”), Shorenstein Properties (“Shorenstein”) and institutional investors advised by J.P. Morgan Global Alternatives (“J.P. Morgan”) today announced the...
