Wright Runstad
Brookfield Lands $210MM Refinancing on Meta-Leased Bellevue Offices as KBRA Values 543,000 SQFT Complex 33% Below Appraisal
Brookfield Premier Real Estate Partners is refinancing two Spring District office buildings fully leased to Meta with $210 million in new CMBS debt,...
Wright Runstad Sharpens 555-Unit Housing Plan at Bellevue’s Spring District With Clark Barnes Design
Wright Runstad has brought architect Clark Barnes onto its plan to build 555 market-rate apartments on parcels at Bellevue’s Spring District that were...
Vanbarton Puts Full-Block Belltown Garage at 2600 Elliott in Seattle on the Market as HOP Upzone Opens Door to 245-Foot Tower
Vanbarton Group has listed the full-block parking garage it owns at 2600 Elliott Ave. in Belltown, betting that a newly approved Seattle height...
Eastside Office Construction Goes Dark in 2026 After 4.9MM-SQFT Wave, With 14.7MM SQFT Waiting in the Wings
The Eastside office market will not deliver a single new building in 2026, a deliberate pause that hands landlords a rare window to...
City of Bellevue Approves Soma Homes’ 19-Townhome Bel-Red Project on 1.15-Acre Office Site
The four-year-old Puget Sound builder will demolish a two-story business park at 12505 NE Bellevue-Redmond Road and replace it with four buildings of...
Wright Runstad and Shorenstein Propose 594-Unit Residential Project on Former Meta Sites at Bellevue’s Spring District
Developers file plans for pair of seven-story apartment buildings as 36-acre transit-oriented neighborhood pivots from tech campus vision to housing hub Wright Runstad...
Eastside Office Market Enters 2026 With 4.3MM SQFT in Active Tenant Demand as Recovery Takes Hold
Sublease vacancy drops to its lowest point since early 2022 while big tech recommits to in-office presence across the Bellevue CBD and surrounding...
Eastside Office Construction Grinds to Halt After Tech-Fueled Building Boom
The Seattle Eastside’s office construction pipeline has fallen silent in 2025 after a remarkable three-year period that delivered nearly 5 million square feet...
Former 360,000 SQFT Zulily Building in Seattle Set for Residential Conversion After $81MM Sale
A historic Seattle office complex that once housed the headquarters of online retailer Zulily is poised for a dramatic transformation into luxury apartments...
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...
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...
Lake Washington Partners Announces $15MM Renovation of 321,700 SQFT 1800 Ninth Building in Seattle
SEATTLE, Wash. (December 2nd, 2024) – Lake Washington Partners LLC, a Puget Sound-based, family-owned commercial real estate investor and developer focused on office...
