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Zimmer Biomet Leases Entire 11,000 SQFT Georgetown Works Building in Seattle

Medical device giant Zimmer Biomet has leased 11,329 square feet in Seattle, taking an entire freestanding flex building that had sat on the...

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
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...

microscope in a lab
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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