Office Buildings

 

Amazon Shelves Plans for Rainier Square Tower Offices

Back in the fall of 2017, Amazon announced plans for leasing all of the office space in Rainier Square Tower, a massive project that will be the second-tallest skyscraper in Seattle upon completion. Now it appears the tech giant has abandoned these plans, as indicated in a marketing flier obtained by the website GeekWire. The […]

Facebook Continues Seattle-Area Expansion With New Office Building

Facebook has confirmed a lease of 38,000 sqft in the Block 16 building of the Spring District in Bellevue, Washington. Facebook had been courting the Spring District, a 16-block mixed-use development centered around a future light rail expansion, for months, while also leasing space in several downtown Bellevue buildings. The new Facebook office will have […]

Seattle Marketing Startup New Engen Gets New Space

Seattle-based New Engen, a startup company focused on digital marketing platforms, recently moved into a new office at the Fourth & Battery Building in order to take advantage of its expanding workforce. The facility, previously occupied by Popcap Games, was already well-set for a tech company’s needs. The new office takes up the fifth and […]

Expedia Details Plans for Seattle Campus

Three years ago, Expedia announced it’s move from Bellevue to a 40-acre waterfront property on Elliott Bay formerly occupied by the pharmaceutical company Amgen. Other than renovations to old Amgen buildings and the nearby bike trail, the specific plans for the site have since been unclear. On Friday, however, ZGF Architects shared details to the […]

Seattle Times Building to Become Office Towers

The future of the former Seattle TimesĀ building has once again changed direction. The building, originally built to house the newspaper in the 1930s, was purchased by Onni Group in 2013 with the intention of redeveloping the property into residential units. As of this summer, though, the real estate group has decided to instead build two […]

Google Announces Extension of Seattle Campus

Last week, Vulcan Real Estate, founded by Microsoft pioneer Paul Allen, announced plans for the extension of the in-progress Google campus in South Lake Union, a neighborhood currently dominated by Amazon. The new plans will extend the campus, currently under construction, to a third block, likely adding another 322,000 sq ft to the currently 607,000 […]

Amazon-Occupied 202 Westlake Building Sells for $129.5 Million

Last week, GLL Real Estate Partners sold the 202 Westlake Building in South Lake Union for $129.5 million to La Salle Investment Partners. The sale of the Amazon-tenanted building marks a new record in price-per-square foot of Seattle office space at a whopping $996/SF. That record was previously set by the sale of the same […]

Rent on the Rise for Seattle Office Space

Seattle’s soaring rent prices are no longer exclusive to residential properties; office space too has become premium. During the 2000s and the recession, Seattle was a cheaper place to rent office space compared to similar cities with advanced economies. In the past three years, however, Seattle’s tech boom has made it one of the more […]

Facebook’s Oculus Set to Expand in Seattle Region

Facebook-owned VR company Oculus appears to be significantly expanding its operations in the Seattle region. According to recent job postings, the company expects to hire more than 100 positions at its Redmond offices, about as many open positions as the company currently has posted for the rest of its offices combined, including at its Menlo […]

Amazon set to lease forthcoming Rainier Square

Amazon already occupies nearly a fifth of Seattle office space. And according to commercial real estate watchers, that slice of the pie is about to get even bigger. The company is rumored to have a pending lease on the office portion forthcoming Rainier Square project, a 58-story structure set to open in 2019 next to […]
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