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commercial real estate

Amazon restarting construction on 22 unfinished floors inside Bellevue office tower

by Kurt Schlosser on April 4, 2024April 4, 2024 at 10:36 am

Amazon is restarting construction on a 42-story office tower in Bellevue, Wash., to complete 22 floors of the building’s interior and make room for an additional 3,000 employees. Located at… Read More

Office-to-residential conversion is a trendy idea for downtown resurgence — but has big challenges

by Chuck Wolfe on March 24, 2024March 23, 2024 at 10:31 pm

Office-to-residential conversions are frequent fodder in discussions of the post-pandemic city, downtown regeneration, and hopes to contain rising housing costs. Remote work is here to stay, especially in hybrid form… Read More

Slalom moving its HQ and name to ‘Hawk Tower’ near Seattle sports stadiums

by Kurt Schlosser on December 14, 2023December 14, 2023 at 8:58 am

A new company will make its nest in Seattle’s “Hawk Tower” in the new year. Seattle-based business and technology firm Slalom Consulting is moving its headquarters into the glass skyscraper at 255… Read More

Inside Amazon’s new Bellevue office tower, where the company is testing evolving workplace designs

by Kurt Schlosser on November 29, 2023January 24, 2024 at 10:52 am

Nobody dropped the tech industry’s tried and true “fail fast” mantra, but during a tour Wednesday of Amazon’s newly opened Sonic office tower in Bellevue, Wash., the theme was definitely… Read More

Seattle office space demand is lowest among U.S. cities measured in new report

by Kurt Schlosser on November 2, 2023November 2, 2023 at 10:20 am

The demand for office space in Seattle is the lowest among all cities measured in a new report from VTS, a commercial real estate technology platform. The VTS Office Demand… Read More

Amazon begins shifting 2,000 employees from Seattle to new Bellevue office towers

by Kurt Schlosser on October 5, 2023October 5, 2023 at 12:40 pm

Amazon has moved about half of a planned 2,000 employees from Seattle to Bellevue, Wash., where the company ultimately plans to employ 25,000 people. Despite an ongoing pause in the… Read More

Commercial furniture and equipment procurement platform Source snags $8.5M

by Nate Bek on August 1, 2023August 1, 2023 at 9:05 am

Source, a Portland, Ore.-based startup that helps architectural and design firms procure interior design products for commercial real estate projects, raised $8.5 million. The company’s platform helps interior designers manage… Read More

McKinsey report details how hybrid work is ‘here to stay’ and the ripple effects on real estate

by Nate Bek on July 18, 2023July 18, 2023 at 1:41 pm

A new report by consulting firm McKinsey & Co. highlights “substantial” challenges for cities and commercial real estate players due to the long-term impacts from hybrid work. The researchers studied… Read More

Seattle-area office market ‘continues to struggle’ with rising vacancies and hybrid work policies

by Nate Bek on July 7, 2023July 7, 2023 at 4:03 pm

Seattle-area office vacancy rates have more than doubled from pre-pandemic levels, reflecting the ongoing impact of macroeconomic uncertainty and work-from-home policies on the region’s reeling commercial real estate sector. Vacancy… Read More

DoorDash expanding engineering footprint in Seattle with new downtown office space

by Kurt Schlosser on November 9, 2022November 9, 2022 at 6:49 pm

DoorDash, the food ordering and delivery company, is expanding its office footprint in Seattle two years after starting an engineering outpost in the city. The company, which now employs about… Read More

Photos: Inside Google’s sprawling new campus east of Seattle as it doubles down on a return to offices

by Kurt Schlosser on April 21, 2022July 12, 2023 at 2:02 pm

Google is going gangbusters in the suburbs east of Seattle. The tech giant gave an inside look Thursday at the sprawling campus it has partially moved into and continues to… Read More

In Seattle and across U.S., tech is gobbling up office space, even as remote and hybrid work takes hold

by Kurt Schlosser on February 24, 2022February 24, 2022 at 1:31 pm

Even as companies and employees continue to grapple with what the future of work will look like, and where that work will be performed, the technology sector has been gobbling… Read More

Moving in after Amazon backed out: Inside Rainier Square, Seattle’s new office and residential tower

by Kurt Schlosser on September 15, 2021September 14, 2021 at 9:07 pm

Two and half years after Amazon backed out of plans to occupy a giant new skyscraper in downtown Seattle, commercial and residential tenants are moving into Rainier Square, a swooping… Read More

Data analytics startup NavigatorCRE raises $17.2M for tech that aids commercial real estate industry

by Kurt Schlosser on August 3, 2021August 2, 2021 at 6:30 pm

Seattle-based NavigatorCRE, makers of a data analytics platform that serves the commercial real estate industry, has raised $17.2 million in new funding, the startup announced Tuesday. The company plans to… Read More

Redmond Ridge construction

SpaceX leases new 125,000-square-foot complex in Seattle area as Starlink satellite operation grows

by Alan Boyle on April 7, 2021April 8, 2021 at 7:40 am

SpaceX is leasing a 124,907-square-foot building complex that’s under construction in Redmond Ridge Business Park, east of Seattle, according to the latest industrial real estate market report from Kidder Mathews.… Read More

Amazon leases another Bellevue office tower as it makes room for planned 25k employees in city

by Kurt Schlosser on March 9, 2021March 9, 2021 at 8:52 am

Amazon is making room for some of the 25,000 employees it plans to add in Bellevue, Wash., announcing Tuesday that it has signed a lease to occupy a 600,000-square-foot office… Read More

Facebook buys REI’s new HQ for $367M, expanding Seattle-area footprint beyond 3M square feet

by Taylor Soper on September 14, 2020January 12, 2021 at 9:52 am

Facebook is yet again expanding in the Seattle region, its largest engineering hub outside of Silicon Valley. The social media giant paid $367.6 million to purchase a brand new 6-acre,… Read More

Historic steam plant in Seattle gets a fresh new look courtesy of Fred Hutch

by James Thorne on May 22, 2019May 22, 2019 at 2:40 pm

The Fred Hutchinson Cancer Research Center has a historic new signpost on Seattle’s Lake Union. The institution has started adding its name on the Lake Union Steam Plant’s iconic smokestacks… Read More

Sean Hsieh of Flowroute.

This startup wants to bring commercial real estate investing to the masses

by James Thorne on April 15, 2019April 15, 2019 at 1:26 pm

Less than a year after selling his telecommunications startup, Flowroute founder Sean Hsieh has embarked on a new venture that aims to open up the world of commercial real estate… Read More

New filing reveals the bill for Expedia’s Seattle waterfront campus: $190M in 2018 and up to $475M this year

by Nat Levy on February 8, 2019February 8, 2019 at 10:48 am

Expedia is getting closer to moving into its prized Seattle waterfront campus, and the financial details of the massive project are coming into clearer view. The price tag for the… Read More

With another new office lease for Amazon, this Seattle-area city is almost out of downtown space

by Nat Levy on January 15, 2019January 15, 2019 at 10:49 am

Amazon will take another high rise tower in Bellevue, Wash., according to a real estate brokerage report, and because of the tech giant’s rapid growth, the downtown area is virtually… Read More

Expedia shows off latest plans for sprawling Seattle waterfront campus with room for 5,000 employees

by Nat Levy on November 29, 2018November 29, 2018 at 10:41 am

Expedia is less than a year away from opening the doors of its massive new Seattle campus, and today it shared the latest designs for the project. Set to open… Read More

Seattle is the nation’s fastest growing tech hub, study says, as Bay Area engineering centers continue to expand

by Nat Levy on October 29, 2018October 29, 2018 at 12:59 pm

No city has added more tech jobs in the last two years than Seattle, according to a new report, as companies from San Francisco and other hubs continue to flock… Read More

Uber expanding Seattle engineering office, scooping up space with room for 750 people

by Nat Levy on September 26, 2018September 26, 2018 at 11:25 am

Ride-hailing giant Uber is expanding its engineering office in Seattle to fit up to 750 people, which is more than double its Seattle headcount today. Uber said it has inked… Read More

Google doubles down on Seattle region with giant new office leases

by Nat Levy on August 24, 2018August 25, 2018 at 10:04 am

Google has reportedly inked a big lease in an office building in Bellevue, Wash., while at the same time embarking on a massive expansion of the huge campus under construction… Read More

WeWork dramatically expanding Seattle presence, revealing several big new office leases in region

by Nat Levy on August 23, 2018August 23, 2018 at 9:56 am

WeWork is in the midst of a massive expansion that will more than double its presence in the Seattle area and make the co-working giant one of the biggest tenants… Read More

Amazon leases entire Expedia HQ tower as travel giant prepares for move to Seattle

by Nat Levy on August 21, 2018August 21, 2018 at 10:29 am

Amazon has scooped up the Bellevue, Wash., Expedia headquarters building that the travel giant will soon vacate as it prepares to move into its new waterfront headquarters in Seattle. Equity… Read More

Big Fish Games migrates to new HQ, with plans to reel in top talent with eye-catching space

by Nat Levy on July 17, 2018July 18, 2018 at 12:13 pm

Big Fish Games has a new headquarters to go along with its new leader. The Seattle-based gaming company, which was acquired by Australia’s Aristocrat Technologies for $990 million earlier this… Read More

Fast-growing sales automation startup Outreach scoops up Big Fish Games space for new HQ

by Nat Levy on July 13, 2018July 16, 2018 at 9:33 am

Outreach is moving to a new headquarters as the enterprise software startup has already outgrown its current digs in Seattle, GeekWire has learned. Permit documents filed with the City of… Read More

Amazon drives another real estate record in Seattle

by Nat Levy on May 25, 2018May 25, 2018 at 3:33 pm

Five years ago an Amazon-occupied building in Seattle sold for a record price of $749 per square foot. This week, that same building sold for nearly 33 percent more, again… Read More

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