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Bellevue homes overlooking Lake Washington with Seattle in the background
AECFinanceIndustry NewsResidential

AMLI Residential Pays $21.1MM for Spring District Block 15 Site in Bellevue, Where It Plans 296 Apartments

An AMLI Residential entity tied to Morgan Stanley's Prime Property Fund has paid $21.1 million for the Spring District's Block 15 in Bellevue,...

Sound Transit station
CommercialIndustry NewsLeasing

UW’s Global Innovation Exchange Vacates 96,000 SQFT in Bellevue’s Bel-Red for Rent-Free Microsoft Campus, Flipping Eastside Absorption Negative

The University of Washington's Global Innovation Exchange traded roughly 96,000 square feet of leased space in Bellevue's Spring District for a rent-free home...

Skyline of Bellevue Washington
AECCommercialFeaturedIndustry News

Eastside’s 14.7MM SQFT Office Pipeline Still Has Zero Pre-Leasing as Supply Freeze Props Up Bellevue Recovery

Broderick Group's third-quarter report still counts roughly 14.7 million square feet of proposed office development across the Eastside, none of it pre-leased, and...

Bellevue Washington Cityscape and Meydenbauer Bay Aerial View
CommercialFinanceIndustry NewsLeasing

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,...

Bellevue Skyline
AECIndustry NewsResidential

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...

garage interior
AECCommercialFinanceIndustry NewsResidential

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...

construction site
AECCommercialFeaturedIndustry NewsLeasing

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...

Rendering of townhome development design in Bellevue
AECIndustry NewsResidential

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...

apartment building with trees in front
AECIndustry NewsResidential

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...

Bellevue skyline
CommercialFeaturedIndustry News

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...

Construction site with earth mover
AECCommercialFeaturedIndustry News

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...

robert-ritchie-JEicDFy5Cd8-unsplash-seattle
AECCommercialFinanceIndustry NewsResidential

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...

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